Global Ranitidine Market Growth 2024-2030

Global Ranitidine Market Growth 2024-2030

Ranitidine is a histamine H2 antagonists and available as both over-the-counter (OTC) and prescription drug, indicated in the treatment of gastroesophageal reflux disease (GERD). Ranitidine decreases the acid production from stomach for up to 12 hours. Also, ranitidine is commonly used in erosive esophagitis, peptide ulcer disease, and Zollinger–Ellison syndrome. It could be taken orally or intravenously.

The global Ranitidine market size is projected to grow from US$ 340.3 million in 2023 to US$ 380.5 million in 2030; it is expected to grow at a CAGR of 1.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Ranitidine Industry Forecast” looks at past sales and reviews total world Ranitidine sales in 2023, providing a comprehensive analysis by region and market sector of projected Ranitidine sales for 2024 through 2030. With Ranitidine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ranitidine industry.

This Insight Report provides a comprehensive analysis of the global Ranitidine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ranitidine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Ranitidine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ranitidine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ranitidine.

United States market for Ranitidine is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Ranitidine is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Ranitidine is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Ranitidine players cover GSK, Merck, Boehringer Ingelheim, Strides Pharma Science Limited (Strides Shasun) and Sun Pharma and etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Ranitidine market by product type, application, key manufacturers and key regions and countries.

Segmentation by type
Tablet
Syrup
Injection

Segmentation by application
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GSK
Merck
Boehringer Ingelheim
Strides Pharma Science Limited (Strides Shasun)
Sun Pharma
Tocris Bioscience (R & D Systems)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Ranitidine market?

What factors are driving Ranitidine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Ranitidine market opportunities vary by end market size?

How does Ranitidine break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.