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Loratadine Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Merck, Cadila Pharmaceuticals, Morepen, Ultratech India

08 Jan, 2020 | 117 Pages
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Registering a CAGR of 0.8% over the forecast period, the market value of Loratadine is expected to reach US$ 143 million in the year 2027.



Loratadine Market Overview



The loratadine market is primarily driven by changes in lifestyle, as well as an increasing burden of allergies that cause histamine hypersecretion. According to the American Academy of Allergy, Asthma, and Immunology (AAAI), sensitization (IgE antibodies) to foreign proteins in the environment affects up to 40% of the population worldwide. Ten to thirty percent of the population suffers from allergic rhinitis. Furthermore, the drug's broad applications, combined with the increasing use of loratadine in various types of allergies, are expected to drive market growth over the forecast period. Furthermore, continuous development in loratadine drugs is expected to drive market growth. However, strict regulatory policies are expected to stifle market growth over the forecast period.



The report aspects discussed the profile of the top manufacturers of the global Loratadine market. These aspects include the financial status of major companies, trending advancements and the entire market scenario. Growth of the report has examined Loratadine Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.



Who are the Major Players in the Loratadine Market?



The global Loratadine includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Merck, Cadila Pharmaceuticals, Morepen, Ultratech India, Vasudha Pharma Chem, Hetero Drugs, Mylan, Changzhou Yabang, Shaanxi Hanjiang, Inke, S.A., Argon Drugs and others.



Industry News and Updates:



Merck Signs Memorandum of Understanding with ID Pharma to Accelerate Gene Therapy Development and Manufacturing



January 26, 2022 – Merck, a global leader in science and technology, today announced the signing of a non-binding Memorandum of Understanding (MoU) with ID Pharma, the advanced medical division of I'rom Group, outlining its plans to support the development and manufacturing of cutting-edge gene therapy.



What are the major Applications, Types, and Regions for the Loratadine Market?



The market is segmented based on the type, applications, companies, and regions.



By Type, it is segmented into




  • USP Standards Grade

  • EP Standards Grade

  • Pharmaceutical Standards Grade

  • Others



By Application, it is segmented into




  • Loratadine Tablet

  • Loratadine Capsules

  • Loratadine Syrup

  • Others



Loratadine Market Regional Analysis



North America is expected to have the highest growth rate among the regions due to its well-established healthcare infrastructure, the presence of key market players manufacturing and marketing loratadine, and the region's high prevalence of allergies. Furthermore, the increasing adaptation of loratadine and active pipelines are expected to boost regional growth over the forecast period. According to the AAAI (American Academy of Allergy, Asthma, and Immunology), hay fever affects 7.8 percent of people over the age of 18 in the United States. Asia Pacific, on the other hand, is expected to have lucrative market growth due to changing lifestyles, the presence of many generic manufacturers, and the developing healthcare industry.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Loratadine Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Loratadine Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Loratadine Market report scope?



Scope of the Report covers Loratadine Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Loratadine Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.



























































Report Attributes



Report Details



Report Title



Loratadine Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Merck, Cadila Pharmaceuticals, Morepen, Ultratech India



Forecast Period 2022 to 2027 CAGR



CAGR of 0.8% over the forecast period (2022-2027)



By Type




  • USP Standards Grade

  • EP Standards Grade

  • Pharmaceutical Standards Grade

  • Others



By Application




  • Loratadine Tablet

  • Loratadine Capsules

  • Loratadine Syrup

  • Others



By Companies



Merck, Cadila Pharmaceuticals, Morepen, Ultratech India, Vasudha Pharma Chem, Hetero Drugs, Mylan, Changzhou Yabang, Shaanxi Hanjiang, Inke, S.A., Argon Drugs



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



117



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Loratadine Report




  • Evaluate Loratadine market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.

  • Get a quick outlook on the Loratadine market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?





The Loratadine Market is studied from 2017 - 2027.



What is the growth rate of the Loratadine Market?





The Loratadine Market is growing at a CAGR of 0.8% over the next 5 years.



Who are the key players in Loratadine Market?



Merck, Cadila Pharmaceuticals, Morepen, Ultratech India, Vasudha Pharma Chem, Hetero Drugs, Mylan, Changzhou Yabang, Shaanxi Hanjiang, Inke, S.A., Argon Drugs



What regions does this Loratadine Market report cover?





North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Loratadine Market?



USP Standards Grade, EP Standards Grade, Pharmaceutical Standards Grade, Others



What are the major end-use applications of Loratadine Market?



Loratadine Tablet, Loratadine Capsules, Loratadine Syrup, Others

 



All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.



 


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL LORATADINE MARKET BY APPLICATION

    3. GLOBAL LORATADINE MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

    2. INCREASING DEMAND FOR LORATADINE RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGULATIONS

      2. HIGH COST OF RAW MATERIAL



    3. OPPORTUNITIES

      1. LORATADINE GROWTH

      2. APPLICATION OF LORATADINE



    4. IMPACT OF COVID 19



  5. GLOBAL LORATADINE MARKET, BY TYPES

    1. INTRODUCTION

    2. USP STANDARDS GRADE

    3. EP STANDARDS GRADE

    4. PHARMACEUTICAL STANDARDS GRADE

    5. OTHERS



  6. GLOBAL LORATADINE MARKET, BY APPLICATION

    1. INTRODUCTION

    2. LORATADINE TABLET

    3. LORATADINE CAPSULES

    4. LORATADINE SYRUP

    5. OTHERS



  7. GLOBAL LORATADINE MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASIAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. MERCK

      2. CADILA PHARMACEUTICALS

      3. MOREPEN

      4. ULTRATECH INDIA

      5. VASUDHA PHARMA CHEM

      6. HETERO DRUGS

      7. MYLAN

      8. CHANGZHOU YABANG

      9. SHAANXI HANJIANG

      10. INKE, S.A.

      11. ARGON DRUGS





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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