Global Food Allergy Market (2024 Edition): Market Size, Trends, Opportunities and Forecast by Allergen Source (Nuts, Gluten, Milk, Egg & Fish and Other Allergen Sources), Treatment Type, Channel, Region, By Country: 2020-2030

Global Food Allergy Market (2024 Edition): Market Size, Trends, Opportunities and Forecast by Allergen Source (Nuts, Gluten, Milk, Egg & Fish and Other Allergen Sources), Treatment Type, Channel, Region, By Country: 2020-2030

Background

A report published by Azoth Analytics highlights different factors and opportunities prevailing in the “Global Food Allergy Market (2024 Edition)”. According to the report, Global Food Allergy Market was valued at USD 40910.66 Million and is expected to grow at a CAGR of 6.7% during 2025-2030.

The report explores a multi-faceted opportunity landscape in terms of market segmentation by Allergen Source (Nuts, Gluten, Milk, Egg & Fish and Other Allergen Sources), By Treatment Type (Oral Immunotherapy, Antihistamines, Adrenaline and Other Treatment Types) and By Channel (Hospitals & Clinics and Ambulatory Surgical Centers)

Market Overview

The Food Allergy market has experienced significant growth due to the rising prevalence of food allergies, increasing awareness among consumers and healthcare professionals, and advancements in diagnostic and therapeutic technologies. Food allergies are adverse immune reactions to certain foods, which can range from mild to severe and potentially life-threatening. The market is driven by the need for effective diagnosis, management, and treatment of food allergies to improve patient outcomes and quality of life.

One of the primary drivers of the Food Allergy market is the increasing prevalence of food allergies worldwide. Factors such as changes in dietary habits, environmental influences, and genetic predisposition contribute to the growing incidence of food allergies. Common allergens include peanuts, tree nuts, milk, eggs, wheat, soy, fish, and shellfish. The rising number of food allergy cases has led to increased demand for diagnostic tests and allergy management solutions.

The growing awareness of food allergies and their potential health impacts has also played a crucial role in the market's growth. Public health campaigns, educational initiatives, and advocacy efforts have raised awareness about food allergies and the importance of accurate diagnosis and management. This increased awareness has led to greater demand for allergy testing, allergen-free foods, and medical treatments.

Advancements in diagnostic and therapeutic technologies have influenced the Food Allergy market. New diagnostic tools, such as component-resolved diagnostics and molecular allergology, offer more precise identification of allergens and better risk assessment. Additionally, ongoing research and development in immunotherapy, such as oral immunotherapy (OIT) and epicutaneous immunotherapy (EPIT), are exploring new treatment options to desensitize patients to allergens.

Geographical Insights

Americas represent the largest market for Food Allergy, driven by a high prevalence of food allergies, advanced healthcare infrastructure, and strong public awareness. The United States is a key market, with significant investments in research and development, as well as the availability of specialized allergy care.

In the Americas, the market benefits from a well-established healthcare system and the presence of leading pharmaceutical and biotechnology companies. The demand for allergy diagnostics and treatments is further fueled by the increasing prevalence of food allergies among children and adults.

The Asia Pacific region is expected to witness the highest growth rate, driven by increasing urbanization, changing dietary patterns, and rising awareness of food allergies. Countries like China, Japan, and Australia are key markets, with growing healthcare sectors and a focus on improving allergy diagnosis and management.

In Europe, the market for Food Allergy is driven by strong regulatory frameworks, a well-established healthcare system, and increasing public awareness. Countries like Germany, France, and the UK are significant contributors, with a focus on advancing allergy research and improving patient care.

Market Segmentation

By Allergen Source:

• Nuts
• Gluten
• Milk
• Egg & Fish
• Other Allergen Sources

By Treatment Type:

• Oral Immunotherapy
• Antihistamines
• Adrenaline
• Other Treatment Types

By Channel:

• Hospitals & Clinics
• Ambulatory Surgical Centers

By Geography

• Americas (The United States, Canada, Brazil, Mexico, Rest of Americas)
• Europe (United Kingdom, Germany, France, Italy, Spain, Turkey, Russia, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Singapore, Indonesia, Rest of Asia Pacific)
• Middle East and Africa (GCC, Israel, South Africa, Rest of Middle East and Africa)

Key Companies

The report assesses the competitive developments, strategies, mergers and acquisitions and new product development and market share portfolio of top 15 companies. Key companies in the Global Food Allergy Market include:

• Aimmune Therapeutics
• Prota Therapeutics
• Allergy Therapeutics
• Aravax
• Danaher Corporation
• Immunomic Therapeutics Inc.
• ALS Limited
• Charm Sciences
• Astellas Pharma Inc.
• Cambridge Allergy Ltd.

Reasons to buy this report:

• In-Depth Comparative Assessment of Top 20 Markets in the Food Allergy Market: Comparative assessment of 20 leading countries highlighting the total addressable market, opportunities, lucrative segments and competitive positioning of leading companies.
• Comprehensive Historical, Present, and Future Analytics of the Food Allergy Market: A deep dive in the historical (2020-2023), current (2024) and forecast (2025-2030) market analytics of Food Allergy Market.
• Detailed Analysis of Food Allergy Market By Allergen Source, Treatment Type, and Channel Across 20 Countries
• Beyond the Purchase: 90 Days of Support
• Direct Access to Analysts: Have questions after reading the report? Our expert analysts are just a call or email away.
• Customized Assistance: Whether you're integrating insights into your strategy or have questions about market dynamics, our team provides tailored support to meet your specific business needs.
• Data Customization Requests: During the support period, you have the flexibility to request additional data cuts or deeper dives into specific areas of interest.
• Gain insights specific to new entrants or new market areas to tap: The study provides detailed market entry strategies, including analysis of barriers to entry, pricing strategies, opportunities, trends, drivers, and challenges and product positioning using the Opportunity Portfolio Matrix (OPM)
• Strategic Company Movements: Tracking Competitive Developments and Key Players in the Market: The report covers competitive strategies, mergers & acquisitions, new developments, future plans and market share analysis of ~15 top companies.

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