Trazodone HCL Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Trazodone HCL Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data

Report Format: PDF+Excel | Report ID: SR112024A23051
Buy Now

Trazodone HCL Prices June 2023

Product
Category Region Price
Trazodone HCL Pharma API USA 124540 USD/MT
Trazodone HCL Pharma API China 121984 USD/MT
Trazodone HCL Pharma API Germany 125668 USD/MT


In the second quarter of 2023, the price of the trazodone HCL in the United States reached 124540 USD/MT by June. Similarly, in China, the trazodone HCL prices hit 121984 USD/MT in the same month. Germany also saw trazodone HCL prices reaching 125668 USD/MT during Q2 2023.

Trazodone HCL Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Trazodone HCL Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of trazodone HCL pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing trazodone HCL price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Trazodone HCL Price Trend

Trazodone HCL Market Analysis

The global trazodone HCL market size reached US$ 460.5 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 882.9 Million, at a projected CAGR of 7.50% during 2023-2032.

  • The trazodone HCL market is experiencing a significant growth due to the rising prevalence of mental health disorders like depression and anxiety across the world. According to a report published by World Health Organization (WHO), in 2019, around 970 million people worldwide were affected by mental disorders, with anxiety and depressive disorders being at the forefront. The COVID-19 pandemic also led to a significant rise in these numbers in year 2020 with a 26% increase in anxiety disorders and 28% increase in depressive disorders. This rise can be attributed to various factors, including greater awareness and reduced stigma around mental health, economic uncertainties, and the impact of social media on psychological well-being. Nowadays as more individuals seek help for their mental health issues, there is a rising demand for effective and accessible treatment options.
  • Trazodone HCL is a more affordable option for treating depression and insomnia compared to newer antidepressants. This affordability is important in making medication accessible to a wide range of patients, including those in resource limited settings where financial burden of healthcare can be significant. The lower cost of trazodone HCL does not compromise its efficacy, offering substantial therapeutic benefits for conditions like depression and insomnia. This cost advantage enables healthcare systems to allocate resources more efficiently ensuring that more patients receive the necessary treatment without incurring high expenses, thereby enhancing the overall affordability and accessibility of mental healthcare.
  • Trazodone HCL is also prescribed off-label mainly for managing insomnia, a condition that affects a large portion of population. According to an article published by Cleveland Clinic, insomnia both in its acute and chronic forms is highly prevalent. Approximately 1 in 3 adults in the world experience insomnia symptoms and about 10% of adults meet the criteria for insomnia disorder. Unlikely traditional sleep medications like benzodiazepines, trazodone HCL does not have a high risk of dependency, which makes it a safer alternative for a long-term use. Trazodone HCL mechanism of action involves moderating serotonin levels which helps to stabilize sleep patterns and improve overall sleep quality.

Trazodone HCL News

The report covers the latest developments, updates, and trends impacting the global trazodone HCL market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in trazodone HCL production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that shape the industry landscape.

Latest developments in the trazodone HCL industry:

  • In 2024, Alvotech and Teva Pharmaceuticals announced a strategic partnership to manufacture and distribute a high-concentration interchangeable biosimilar to Humira® (adalimumab) for Quallent Pharmaceuticals. The FDA has approved the product for various conditions, and it is the first high-concentration, citrate-free biosimilar to be granted an interchangeability status. The collaboration aims to increase healthcare access and provide affordable options for patients in need.
  • In 2023, Angelini Pharma and JCR Pharmaceuticals joined forces in a global collaboration to develop and commercialize innovative biologic therapies for epilepsy. The agreement grants Angelini Pharma the option for an exclusive license to develop and commercialize brain-penetrant biologic therapeutics for epilepsy while JCR retains commercialization rights in Japan. This partnership aims to address the significant unmet need for long-lasting relief from epilepsy, a condition affecting over 50 million people worldwide.

Product Description

Trazodone HCL (hydrochloride) is a medication primarily used as an antidepressant. It belongs to the class of drugs known as serotonin antagonist and reuptake inhibitors (SARIs). Unlike typical selective serotonin reuptake inhibitors (SSRIs), Trazodone works by modulating serotonin levels in the brain while also blocking certain serotonin receptors, which helps to balance the mood and alleviate symptoms of depression. Although it was developed in the 1960s to treat major depressive disorder, Trazodone is widely recognized for its off-label use in treating insomnia due to its sedative properties. The medication helps to improve sleep quality by reducing the time it takes to fall asleep and decreasing the number of awakenings during the night. Its effectiveness, coupled with a relatively mild side-effect profile compared to other antidepressants, makes it a valuable treatment option in both psychiatric and primary care settings.

Regional Coverage

The report provides a detailed analysis of the trazodone HCL market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the price trends. 

Global Trazodone HCL Price

The report offers a holistic view of the global trazodone HCL pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Trazodone HCL Price

European trazodone HCL prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed trazodone HCL price information for a comprehensive list of countries.

Region Countries Covered
Europe Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries.


North America Trazodone HCL Price

The analysis of trazodone HCL prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific data on trazodone HCL prices within the United States and Canada can also be provided.

Region Countries Covered
North America United States and Canada


Middle East and Africa Trazodone HCL Price

The report explores the trazodone HCL pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on trazodone HCL prices for countries can also be provided.

Region Countries Covered
Middle East & Africa Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries.


Asia Pacific Trazodone HCL Price

The trazodone HCL pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This analysis can be further extended to include detailed trazodone HCL prices for a comprehensive list of countries within the region.

Region Countries Covered
Asia Pacific China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.


Latin America Trazodone HCL Price

The analysis of trazodone HCL prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Region Countries Covered
Latin America Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries.


Report Coverage

Key Attributes Details
Product Name Trazodone HCL
Report Features Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Price Analysis, and Segment-Wise Assessment.
Currency/Units US$ (Data can also be provided in local currency) or Metric Tons
Region/Countries Covered The current coverage includes analysis at the global and regional levels only. 
 
Based on your requirements, we can also customize the report and provide specific information for the following countries: 
 
Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand*
 
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* 
 
North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru*

Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco*

*The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client.
Information Covered for Key Suppliers
  • Company Overview
  • Business Description
  • Product Portfolio
  • Recent Trends and Developments
Customization Scope The report can be customized as per the requirements of the customer
Report Price and Purchase Option

Plan A: Monthly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Month
    • Forecast for Next Month
  • Total Deliverables Per Year: 12 (One Per Month)
  • Includes: One PDF and Excel datasheet per month, Post Purchase Analyst Support throughout the year

Plan B: Quarterly Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Quarter
    • Forecast for Next Quarter
  • Total Deliverables Per Year: 4 (One Per Quarter)
  • Includes: One PDF and Excel datasheet per Quarter, Post Purchase Analyst Support throughout the year

Plan C: Biannually Updates - Annual Subscription

  • Scope
    • Historical Data for the Current Half
    • Forecast for the Next Half
  • Total Deliverables Per Year: 2 (One Per 6 Months)
  • Includes: One PDF and Excel datasheet per Half, Post Purchase Analyst Support throughout the year  
Post-Sale Analyst Support  360-degree analyst support after report delivery
Delivery Format PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) 


Key Benefits for Stakeholders:

  • IMARC’s report presents a detailed analysis of trazodone HCL pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
  • The study examines factors affecting trazodone HCL price volatility, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
  • The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
  • IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights, ensuring they remain at the forefront of the trazodone HCL industry.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Trazodone HCL Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Purchase options
For 2 Deliverables, Billed Annually

For 4 Deliverables, Billed Annually

For 12 Deliverables, Billed Annually


Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More