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Title: Cetirizine Hydrochloride Market Analysis | CMI

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  • Cetirizine Hydrochloride Market, by Dosage Form
    (Tablet, Syrup, and Solution), by Age Group
    (Adult and Pediatric), by Application (Allergic
    Rhinitis, Allergic Conjunctivitis, Eczema, and
    Others), by Distribution Channel (Hospital
    Pharmacies, Retail Pharmacies, and Retail
    Pharmacies), and by Region (North America, Latin
    America, Europe, Asia Pacific, Middle East, and
    Africa) - Size, Share, Trends, and Forecast to
  • The global cetirizine hydrochloride market size
    was valued at US 1,100 million in 2017, and is
    expected to exhibit a robust CAGR of 3.2 over
    the forecast period (2018 2026).

Figure 1. Global Cetirizine Hydrochloride Market
Value (US Mn), by Region, 2017
Market Drivers
  • The global Cetirizine Hydrochloride Market is
    expected to be driven by increasing incidence of
    allergic conditions including allergic rhinitis,
    allergic conjunctivitis, and eczema.
  • Increasing incidence of allergic rhinitis to
    drive growth of the market
  • High prevalence of allergic conditions such as
    allergic rhinitis, also known as hay fever is
    expected to propel growth of the cetirizine
    hydrochloride market. According to the American
    Academy of Allergy Asthma and Immunology, 2015,
    allergic rhinitis affects around 10 to 30 of
    the population worldwide. Moreover, according to
    the International Study of Asthma and Allergies
    in Childhood (ISAAC), 2016, the prevalence of
    pollen allergy or hay fever in children between
    the age group is 12-14 was 22.1 worldwide,
    registering the highest rate of 33.3 in North

  • North America holds a dominant position in the
    global cetirizine hydrochloride market, owing to
    the high prevalence of hay fever and allergic
    conjunctivitis in the U.S. According to the
    American Academy of Allergy Asthma and
    Immunology, around 7.8 of population in the age
    group above 18 in the U.S. suffer from hay fever.
    The National Health Interview survey, 2016,
    further stated that around 6.5 or 16.0 million
    adults and 7.5 or 5.5 million children under age
    18 were diagnosed with hay fever in 2015.
  • Moreover, the cetirizine hydrochloride market in
    North America is expected to witness significant
    growth, owing to the increasing economic burden
    caused due to allergic diseases on the affected
    population. According to the American College of
    Allergy, Asthma and Immunology, 2018, allergies
    are the sixth leading cause of chronic illness in
    the U.S., with over 50 million people suffering
    from allergies annually, which account for an
    expenditure of US 18 billion.

Market Restraints
  • However, the drug can induce severe to moderate
    side effects, which include insomnia,
    hyperactivity, uneven heartbeat, nausea,
    constipation, and headache, thereby limiting the
    adoption of the drug and hindering the market

Figure 2. Global Cetirizine Hydrochloride Market
Share (), by Dosage Form, 2018 and 2026
Market Opportunities
  • Increasing incidence of allergic eye symptoms and
    eczema is expected to bolster the market growth
  • Increased risks of developing allergic eye
    conditions with the onset of allergic rhinitis or
    hay fever is also a major factor driving the
    market growth. For instance, according to the
    survey conducted by Virtual Medical Center,
    around 97 of children diagnosed with allergic
    rhinitis or hay fever also have allergic eye
    symptoms. Moreover, the survey stated that around
    56 children with asthma experience allergic eye
    symptoms, whereas 33 of children with eczema
    have allergic eye symptoms. The signs and
    symptoms include eye redness, excessive watering,
    itchy burning eyes, discharge, blurred vision and
    increased sensitivity to light. Furthermore,
    according to the study published in Clinical
    Review and Education Journal, 2013, around 40 of
    population worldwide suffered from allergic
  • According to the Nutrition and Health Department,
    2015, atopic dermatitis (AD), also known as
    atopic eczema, is a common chronic inflammatory
    skin disease affecting 15-20 of children and
    1-3 of adults worldwide. Thus, the increasing
    prevalence of allergic conjunctivitis and eczema
    is a major factor driving the market growth.

Key Development
  • Key players in the market are focused on new
    product launch to enhance the market share. For
    instance, in 2014, McNeil Consumer Healthcarea
    Johnson and Johnson Company launched a
    convenient oral, dissolvable tablet to the Zyrtec
    portfolio of allergy-relief products. The tablets
    will be available for adults and children across
    major retailers and pharmacies.

Key Players
  • Major players operating in the global cetirizine
    hydrochloride market include, Johnson and
    Johnson, Mylan, Inc., Nicox S.A., Strides Shasun,
    Apotex, Inc., Teva UK Limited, Aurobindo Pharma
    Limited, Jubilant Life Sciences, Tris Pharma,
    Inc., and Cipla Ltd.

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