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Global Loratadine Market Growth 2019-2024
SKU ID : LPI-13847459 | Publishing Date : 08-Feb-2019 | No. of pages : 161
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.
Currently, there are many producing companies in the world Loratadine industry, especially in India, Europe and North America regions. The main market players are Merck Group, Cadila Pharmaceuticals, Morepen, Ultratech India Limited, Vasudha Pharma Chem, Hetero Drugs Ltd, Mylan, Changzhou Yabang, Shaanxi Hanjiang, Inke, S.A., and Argon Drugs.
India region is the largest supplier of Loratadine API, with a production market share nearly 60.92% and sales market share nearly 35.23% in 2016. That is to say, there will be exports in India a, and India also is the largest consumption region.
The second place is Europe, following North America region, with the production market share of 11.49% and the sales market share over 20.73%. North America region is another important market of Loratadine, enjoying 11.38% production market share and 17.33% sales market share.
Loratadine is used by Loratadine Tablet, Loratadine Capsule, Loratadine Syrup and Others. Report data showed that 58.29% of the Loratadine market demand in Loratadine Tablet, about 17.22% in Loratadine Capsule in 2016 and 14.80% of the Loratadine market demand in Loratadine Syrup and 9.68% of the Loratadine market demand in other product.
The three major reference standards of Loratadine are USP Standards Grade, EP Standards Grade and Pharmaceutical Standards Grade. Loratadine Tablet is wildly produced in the Pharmaceutical Standards Grade, with a production market share nearly 29.56% in 2016.
Briefly speaking, in the next few years, Loratadine industry will be increase slowly.
According to this study, over the next five years the Loratadine market will register a 0.9% CAGR in terms of revenue, the global market size will reach US$ 150 million by 2024, from US$ 140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Loratadine business, shared in Chapter 3.
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.
This study considers the Loratadine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
USP Standards Grade
EP Standards Grade
Pharmaceutical Standards Grade
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Loratadine Tablet
Loratadine Capsules
Loratadine Syrup
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Merck Group
Cadila Pharmaceuticals
Morepen
Ultratech India Limited
Vasudha Pharma Chem
Hetero Drugs Ltd
Mylan
Changzhou Yabang
Shaanxi Hanjiang
Inke, S.A.
Argon Drugs
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Loratadine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Loratadine market by identifying its various subsegments.
Focuses on the key global Loratadine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Loratadine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Loratadine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Currently, there are many producing companies in the world Loratadine industry, especially in India, Europe and North America regions. The main market players are Merck Group, Cadila Pharmaceuticals, Morepen, Ultratech India Limited, Vasudha Pharma Chem, Hetero Drugs Ltd, Mylan, Changzhou Yabang, Shaanxi Hanjiang, Inke, S.A., and Argon Drugs.
India region is the largest supplier of Loratadine API, with a production market share nearly 60.92% and sales market share nearly 35.23% in 2016. That is to say, there will be exports in India a, and India also is the largest consumption region.
The second place is Europe, following North America region, with the production market share of 11.49% and the sales market share over 20.73%. North America region is another important market of Loratadine, enjoying 11.38% production market share and 17.33% sales market share.
Loratadine is used by Loratadine Tablet, Loratadine Capsule, Loratadine Syrup and Others. Report data showed that 58.29% of the Loratadine market demand in Loratadine Tablet, about 17.22% in Loratadine Capsule in 2016 and 14.80% of the Loratadine market demand in Loratadine Syrup and 9.68% of the Loratadine market demand in other product.
The three major reference standards of Loratadine are USP Standards Grade, EP Standards Grade and Pharmaceutical Standards Grade. Loratadine Tablet is wildly produced in the Pharmaceutical Standards Grade, with a production market share nearly 29.56% in 2016.
Briefly speaking, in the next few years, Loratadine industry will be increase slowly.
According to this study, over the next five years the Loratadine market will register a 0.9% CAGR in terms of revenue, the global market size will reach US$ 150 million by 2024, from US$ 140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Loratadine business, shared in Chapter 3.
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.
This study considers the Loratadine value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
USP Standards Grade
EP Standards Grade
Pharmaceutical Standards Grade
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Loratadine Tablet
Loratadine Capsules
Loratadine Syrup
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Merck Group
Cadila Pharmaceuticals
Morepen
Ultratech India Limited
Vasudha Pharma Chem
Hetero Drugs Ltd
Mylan
Changzhou Yabang
Shaanxi Hanjiang
Inke, S.A.
Argon Drugs
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Loratadine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Loratadine market by identifying its various subsegments.
Focuses on the key global Loratadine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Loratadine with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Loratadine submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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