According to a market report by Lucintel, the future of the global allergy treatment loratadine market looks promising with opportunities in the loratadine tablet, loratadine capsule, and loratadine syrup markets. The global allergy treatment loratadine market is expected to grow with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are increasing prevalence of allergies worldwide, growing awareness and accessibility of over-the-counter medications, and rising demand for non-drowsy allergy relief options.A more than 150-page report to understand trends, opportunity and forecast in allergy treatment loratadine market to 2030 by type (USP standards grade, EP standards grade, pharmaceutical standards grade, and others), application (loratadine tablet, loratadine capsules, loratadine syrup, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, USP standards grade is expected to witness the higher growth over the forecast period.
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Within the application category, loratadine tablet will remain the largest segment.
In terms of region, APAC is expected to witness the highest growth over the forecast period due to rising prevalence of allergies.
Merck, Cadila Pharmaceuticals, Morepen, Ultratech India, VasudhaPharmaChem, Hetero Drugs, Mylan, Changzhou Yabang, Shaanxi Hanjiang, Inkeare the major suppliers in the allergy treatment loratadine market.
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Roy Almaguer
Lucintel
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Email: [email protected]
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