The global antihistamine drugs market is anticipated to grow at a CAGR of 8.7% during the forecast period. The rising prevalence of allergies across the globe is a major factor driving the growth of the antihistamine drug market. The rising healthcare expenditure due to increasing disposable income levels and initiatives by public and private organizations towards spreading awareness related to the treatment of various allergic reactions will further expand the antihistamine drugs market during the forecast period. Antihistamines drugs work well to relieve symptoms of different types of allergies, including seasonal (hay fever), perennial allergic rhinitis, and indoor and food allergies. The drug is also found its effective applications in the treatment of a variety of other conditions such as stomach problems, colds, anxiety, and more.
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The antihistamine drugs market growth is also backed by the increased approvals of the antihistamine drugs developed by the major pharma companies operating in the market. For instance, in January 2021, JB Chemicals and Pharmaceuticals Ltd., announced that the US FDA had approved an abbreviated new drug application (ANDA) for Loratadine tablets USP 10 mg. The medication is used to treat pollen-induced allergic rhinitis and upper respiratory tract allergies. Moreover, in June 2021, nasal antihistamine drugs for nonprescription use got approval from the US FDA to treat seasonal and perennial allergic rhinitis, also known as allergies.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Antihistamine Drugs Market by Type
- H-1 Receptor Antagonist
- Brompheniramine
- Diphenhydramine
- Cetirizine
- Desloratadine
- Loratadine
- Fexofenadine
- Others
- H-2 Receptor Antagonists
- Cimetidine
- Famotidine
- Nizatidine
- Ranitidine
- Other
Global Antihistamine Drugs Market by Application
- Flu and Cold
- Allergy
- Dermatitis
- Urticaria
- Others
Global Antihistamine Drugs Market by End-User
- Homecare
- Hospitals and Clinics
- Others (ACS)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Akorn, Inc.
- Almirall S.A.
- AstraZeneca PLC
- Bayer AG
- Boehringer Ingelheim International GmbH.
- Bristol-Myers Squibb Co.
- Cadila Pharmaceuticals, Ltd.
- Hoffmann-La Roche, Ltd.
- GlaxoSmithKline PLC
- Johnson & Johnson Services, Ltd.
- Meda Consumer Healthcare, Inc.
- Merck & Co.
- Mylan N.V.
- Novartis International AG
- Pfizer, Inc.
- Prestige Consumer Healthcare, Inc.
- Sanofi S.A.
- Sharp & Dohme Corp.
- Teva Pharmaceutical Industries, Ltd.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global antihistamine drugs market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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