+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Loratadine - Global Stategic Business Report

  • PDF Icon

    Report

  • 373 Pages
  • April 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 6070089
The global market for Loratadine was estimated at US$306.3 Million in 2024 and is projected to reach US$347.5 Million by 2030, growing at a CAGR of 2.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Loratadine market.

Global Loratadine Market - Key Trends & Drivers Summarized

What Is Loratadine and Why Is It Widely Used in Allergy Management?

Loratadine is a second-generation antihistamine commonly used to treat symptoms of allergic rhinitis (hay fever), urticaria (hives), and other skin or respiratory allergies. It works by blocking the action of histamine, a substance in the body that causes allergic symptoms such as sneezing, runny nose, itchy eyes, and skin rashes. Unlike first-generation antihistamines, loratadine is non-sedating, making it highly favorable for daytime use, especially among working adults and children. It is available in various forms including tablets, syrups, and orally disintegrating tablets, and is marketed under numerous brand names globally, with Claritin being among the most recognized.

Its over-the-counter (OTC) availability in many countries has further boosted its popularity, allowing consumers to self-manage mild to moderate allergy symptoms without needing a prescription. Loratadine is also included in numerous combination therapies with decongestants or corticosteroids for enhanced symptom relief. The increasing prevalence of seasonal allergies, environmental pollution, and sensitivity to indoor allergens has maintained consistent global demand for loratadine, making it a staple in the antihistamine drug class within both retail pharmacy and healthcare provider channels.

What Market Trends and Innovations Are Shaping the Loratadine Landscape?

The loratadine market is evolving with the rising demand for user-friendly formulations, combination therapies, and generic alternatives. There has been a growing shift toward fast-dissolving tablets and liquid gels to improve convenience and onset of action, particularly for pediatric and geriatric populations. Pharmaceutical companies are also developing dual-action products that combine loratadine with pseudoephedrine (a decongestant) to treat both allergy and sinus symptoms in a single dose - catering to the needs of consumers with multiple upper respiratory complaints.

Additionally, the expiration of original patents has led to a surge in the production and availability of cost-effective generic versions, increasing affordability and accessibility in emerging markets. Consumer preferences for non-drowsy, long-lasting allergy relief have kept loratadine competitive despite the availability of newer antihistamines like fexofenadine or levocetirizine. E-commerce channels and telehealth platforms have further expanded the market’s reach, enabling easy purchase and digital prescription fulfillment. Moreover, ongoing R&D in drug delivery systems is expected to bring extended-release and intranasal loratadine formulations to market, diversifying its therapeutic utility and improving patient adherence.

What Factors Are Driving Growth in the Global Loratadine Market?

The growth in the global loratadine market is driven by several factors, including increasing incidence of allergic conditions, the expanding OTC pharmaceutical segment, and the growing awareness of non-sedating antihistamines. As urbanization, air pollution, and climate variability intensify, the prevalence of seasonal and perennial allergies is on the rise, leading more consumers to seek reliable, fast-acting symptom relief. Loratadine’s safety profile and long-established efficacy make it a go-to option for both self-medication and physician-prescribed regimens.

Another key growth driver is the rising demand for generic drugs, particularly in cost-sensitive healthcare markets across Asia-Pacific, Latin America, and parts of Africa. This is encouraging pharmaceutical companies to expand loratadine production and distribution through regional partnerships and regulatory approvals. Increased healthcare spending, higher awareness of allergy symptoms, and broader insurance coverage in developing economies are also boosting sales volume. Additionally, the inclusion of loratadine in national essential medicines lists and public health programs reinforces its importance in basic allergy treatment protocols, contributing to sustained and widespread global market growth.

Report Scope

The report analyzes the Loratadine market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.

Segments: Form (Tablets, Capsules, Syrups, Other Forms); Grade (USP Standard Grade, EP Standard Grade, Medicine Standard Grade, Other Grades); End-Use (Retail Pharmacies, Hospital Pharmacies, Online Pharmacies)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Tablets segment, which is expected to reach US$156.0 Million by 2030 with a CAGR of a 2.0%. The Capsules segment is also set to grow at 2.7% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $83.4 Million in 2024, and China, forecasted to grow at an impressive 4.0% CAGR to reach $65.0 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Loratadine Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Loratadine Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Loratadine Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as Apotex Inc., Bayer AG, Cadila Pharmaceuticals, Dr. Reddy`s Laboratories, Glenmark Pharmaceuticals and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 34 Featured):

  • Apotex Inc.
  • Bayer AG
  • Cadila Pharmaceuticals
  • Dr. Reddy`s Laboratories
  • Glenmark Pharmaceuticals
  • Hetero Drugs Limited
  • Lupin Limited
  • Merck & Co., Inc.
  • Morepen Laboratories Ltd.
  • Mylan N.V.
  • Perrigo Company plc
  • Pfizer Inc.
  • Ranbaxy Laboratories Ltd.
  • Schering-Plough (now part of Merck)
  • Sun Pharmaceutical Industries Ltd.
  • Taro Pharmaceutical Industries Ltd.
  • Teva Pharmaceutical Industries Ltd.
  • Viatris Inc.
  • Wockhardt Ltd.
  • Zydus Cadila

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

  • Tariff-adjusted market forecasts by region and segment
  • Analysis of cost and supply chain implications by sourcing and trade exposure
  • Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

  • Finalized tariff impacts and new trade agreement effects
  • Updated projections reflecting global sourcing and cost shifts
  • Expanded country-specific coverage across the industry

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Apotex Inc.
  • Bayer AG
  • Cadila Pharmaceuticals
  • Dr. Reddy`s Laboratories
  • Glenmark Pharmaceuticals
  • Hetero Drugs Limited
  • Lupin Limited
  • Merck & Co., Inc.
  • Morepen Laboratories Ltd.
  • Mylan N.V.
  • Perrigo Company plc
  • Pfizer Inc.
  • Ranbaxy Laboratories Ltd.
  • Schering-Plough (now part of Merck)
  • Sun Pharmaceutical Industries Ltd.
  • Taro Pharmaceutical Industries Ltd.
  • Teva Pharmaceutical Industries Ltd.
  • Viatris Inc.
  • Wockhardt Ltd.
  • Zydus Cadila

Table Information