Global Loratadine Market Growth 2023-2029

Global Loratadine Market Growth 2023-2029

Product Code:457421

Published Date: Feb 08,2023

Pages: 105

Region: Global

Category: Chemical & Material

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Loratadine is an antihistamine that reduces the effects of natural chemical histamine in the body. Histamine can produce symptoms of sneezing, itching, watery eyes, and runny nose. Loratadine is used to treat sneezing, runny nose, watery eyes, hives, skin rash, itching, and other cold or allergy symptoms. Loratadine is also used to treat skin hives and itching in people with chronic skin reactions. Notes: This report is statistical data of loratadine API.

LPI (LP Information)' newest research report, the “Loratadine Industry Forecast” looks at past sales and reviews total world Loratadine sales in 2022, providing a comprehensive analysis by region and market sector of projected Loratadine sales for 2023 through 2029. With Loratadine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Loratadine industry.

This Insight Report provides a comprehensive analysis of the global Loratadine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Loratadine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Loratadine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Loratadine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Loratadine.

The global Loratadine market size is projected to grow from US$ 138.8 million in 2022 to US$ 175.7 million in 2029; it is expected to grow at a CAGR of 175.7 from 2023 to 2029.

Global Loratadine key players include Cadila Pharmaceuticals, Morepen, Merck Group, Ultratech India Limited, Vasudha Pharma Chem, etc. Global top five manufacturers hold a share about 50%. India is the largest market, with a share about 60%, followed by North America and Europe, total have a share over 25 percent. In terms of product, Pharmaceutical Standards Grade is the largest segment, with a share about 30%. And in terms of application, the largest application is Loratadine Tablet, followed by Loratadine Capsule, and Loratadine Syrup.

This report presents a comprehensive overview, market shares, and growth opportunities of Loratadine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    USP Standards Grade
    EP Standards Grade
    Pharmaceutical Standards Grade
    Others

Segmentation by application
    Loratadine Tablet
    Loratadine Capsules
    Loratadine Syrup
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Merck
    Cadila Pharmaceuticals
    Morepen
    Ultratech India
    Vasudha Pharma Chem
    Hetero Drugs
    Mylan
    Changzhou Yabang
    Shaanxi Hanjiang
    Inke, S.A.
    Argon Drugs

Key Questions Addressed in this Report
What is the 10-year outlook for the global Loratadine market?
What factors are driving Loratadine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Loratadine market opportunities vary by end market size?
How does Loratadine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?