The global market for Montelukast Sodium was estimated at US$504.7 Million in 2024 and is projected to reach US$1.1 Billion by 2030, growing at a CAGR of 14.1% 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 Montelukast Sodium market.
Segments: Dosage Form (Tablets Form, Oral Solutions); Application (Asthma Application, Allergic Rhinitis Application, Urticaria Application, Other Applications)
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.
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.
Global Montelukast Sodium Market - Key Trends & Drivers Summarized
Why Is Montelukast Sodium Gaining Widespread Adoption in Respiratory Disease Treatment?
Montelukast sodium has become a widely prescribed pharmaceutical for managing respiratory conditions such as asthma, allergic rhinitis, and exercise-induced bronchoconstriction. As a leukotriene receptor antagonist (LTRA), montelukast works by blocking inflammatory pathways that contribute to airway constriction, making it an effective long-term therapy for asthma management. With the increasing prevalence of chronic respiratory diseases due to pollution, climate change, and lifestyle factors, the demand for montelukast sodium has surged globally. Unlike corticosteroids, montelukast is preferred by many patients due to its oral administration, fewer side effects, and suitability for pediatric use. Additionally, the rise in seasonal allergies and air pollution-related respiratory issues has expanded the use of montelukast in both prescription and over-the-counter formulations.What Advancements in Pharmaceutical Formulations Are Enhancing Montelukast Sodium`s Market Potential?
The pharmaceutical industry has witnessed significant advancements in the formulation and delivery of montelukast sodium, improving its bioavailability and therapeutic efficacy. The development of chewable tablets and oral granules has made it easier for pediatric and geriatric patients to adhere to treatment regimens. Additionally, combination therapies incorporating montelukast with antihistamines, such as levocetirizine, have gained popularity for their dual-action benefits in managing both allergic and respiratory symptoms. Novel drug delivery mechanisms, including controlled-release formulations, are also being explored to improve patient compliance and prolong therapeutic effects. The shift toward personalized medicine has further driven research into genetic factors influencing montelukast response, paving the way for more targeted and effective treatments. As pharmaceutical companies continue to invest in innovative drug formulations, the accessibility and usability of montelukast sodium are expected to improve.How Is the Rising Burden of Respiratory Diseases Shaping Market Demand?
The increasing global incidence of asthma, chronic obstructive pulmonary disease (COPD), and allergic conditions has created a substantial demand for effective respiratory therapies, boosting the montelukast sodium market. Urbanization and industrialization have led to rising levels of air pollution, a key trigger for respiratory conditions. Additionally, the growing geriatric population, which is more prone to respiratory diseases, has contributed to market expansion. Healthcare providers are increasingly recommending montelukast as an adjunct therapy alongside inhaled corticosteroids for better asthma management. The COVID-19 pandemic has also played a role in shifting attention toward respiratory health, increasing awareness and diagnosis rates for chronic respiratory conditions. Furthermore, patient preference for non-invasive, oral treatments over inhaled medications has bolstered the adoption of montelukast sodium as a first-line therapy in several regions.What Are the Key Factors Driving Growth in the Montelukast Sodium Market?
The growth in the montelukast sodium market is driven by several factors, including the rising prevalence of respiratory diseases, expanding pharmaceutical innovations, and increasing awareness about allergic conditions. The demand for cost-effective and easily accessible asthma treatments has propelled the adoption of montelukast across developed and emerging markets. The expansion of generic drug manufacturers has also increased market penetration, making montelukast more affordable and widely available. Additionally, the growing use of combination therapies, where montelukast is paired with antihistamines or corticosteroids, is creating new opportunities for pharmaceutical companies. Government initiatives promoting asthma management programs and increased healthcare spending in emerging economies are further contributing to market growth. The shift toward personalized medicine and research into biomarkers for better treatment outcomes is also expected to enhance the future potential of montelukast sodium. As the global burden of respiratory diseases continues to rise, the montelukast sodium market is set for sustained expansion in the coming years.Report Scope
The report analyzes the Montelukast Sodium market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments: Dosage Form (Tablets Form, Oral Solutions); Application (Asthma Application, Allergic Rhinitis Application, Urticaria Application, Other Applications)
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 Form segment, which is expected to reach US$615.5 Million by 2030 with a CAGR of a 12.5%. The Oral Solutions segment is also set to grow at 16.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $137.5 Million in 2024, and China, forecasted to grow at an impressive 18.6% CAGR to reach $235.8 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Montelukast Sodium Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Montelukast Sodium Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Montelukast Sodium Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ 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 Aarti Pharmalabs Ltd., Apotex Inc., Aurobindo Pharma Limited, Cipla Limited, Dr. Reddy`s Laboratories and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 41 Featured):
- Aarti Pharmalabs Ltd.
- Apotex Inc.
- Aurobindo Pharma Limited
- Cipla Limited
- Dr. Reddy`s Laboratories
- Hetero Drugs Limited
- Inke S.A.
- Intas Pharmaceuticals Ltd.
- Jai Radhe Sales
- Kimia Biosciences Ltd.
- LGM Pharma
- Merck & Co., Inc.
- Metrochem API Private Limited
- Minakem (formerly Delmar Chemicals)
- Morepen Laboratories Ltd.
- Neuland Laboratories Ltd.
- Sanofi S.A.
- Seqens
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.
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:
- Aarti Pharmalabs Ltd.
- Apotex Inc.
- Aurobindo Pharma Limited
- Cipla Limited
- Dr. Reddy`s Laboratories
- Hetero Drugs Limited
- Inke S.A.
- Intas Pharmaceuticals Ltd.
- Jai Radhe Sales
- Kimia Biosciences Ltd.
- LGM Pharma
- Merck & Co., Inc.
- Metrochem API Private Limited
- Minakem (formerly Delmar Chemicals)
- Morepen Laboratories Ltd.
- Neuland Laboratories Ltd.
- Sanofi S.A.
- Seqens
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 278 |
Published | April 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 504.7 Million |
Forecasted Market Value ( USD | $ 1100 Million |
Compound Annual Growth Rate | 14.1% |
Regions Covered | Global |