Montelukast API Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The Montelukast API market has shown significant growth from 2018 to 2022, driven by the increasing demand for medications in the treatment of asthma and allergic rhinitis. Montelukast, a leukotriene receptor antagonist, is widely used for its ability to reduce inflammation in the airways, making it an essential drug in the respiratory care segment. The market's performance during this period was marked by steady demand from pharmaceutical companies, with Montelukast APIs being sourced globally to meet therapeutic needs. During this phase, the market experienced a surge in the adoption of Montelukast-based drugs, particularly due to the increasing prevalence of asthma, allergic rhinitis, and other respiratory disorders. Pharmaceutical manufacturers invested in the development of Montelukast formulations and scaled up production, contributing to market expansion.
However, as the market outlook transitions to the 2023-2033 period, new dynamics are expected to influence the demand for Montelukast APIs. The increasing competition from generic versions, along with regulatory challenges, might pose hurdles to the market’s growth trajectory. Newer treatments for asthma and allergies, such as biologics, are emerging and could potentially reduce Montelukast's market share, shifting the demand curve. Despite these challenges, the overall demand for Montelukast is expected to remain robust due to its established efficacy, affordability, and ease of use compared to newer alternatives. Additionally, with growing awareness of respiratory diseases and advancements in healthcare infrastructure, Montelukast’s demand is expected to sustain, especially in emerging markets where affordable treatments are essential.
Get an In-Depth Research Analysis of the Global Montelukast API Market Size And Forecast [2025-2032]
Merck
Cipla
Morepen Laboratories
Sun Pharma
Teva Pharmaceutical Industries
Intas Pharmaceuticals
Apotex
Sanyo Chemical Industries
Mylan
Delmar Chemicals
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Montelukast API Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Montelukast API Market
Asthma
Allergic Rhinitis
Urticaria
Bronchospasm
Others
Based on Types the Market is categorized into Below types that held the largest Montelukast API market share In 2023.
Tablet
Chewable Tablet
Oral Solution
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Montelukast API Market Research Analysis
1. Introduction of the Global Montelukast API Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Montelukast API Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Montelukast API Market, By Type
6. Global Montelukast API Market, By Application
7. Global Montelukast API Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Montelukast API Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/