Food Allergy Market Report Update: 2030 Forecast and Trends

The Food Allergy Market size is expected to grow from USD 38 Billion in 2022 to USD 56.14 Billion by 2030, at a CAGR of 5.00% during the forecast period.

An explanation for food allergies is an immune system response to a particular food type. Any amount of the allergy-causing food consumed by the person may cause signs and symptoms. Digestive issues, rashes, vomiting, whizzing, or enlarged airways are examples of these symptoms. A severe allergic reaction known as anaphylaxis, a potentially fatal whole-body allergic reaction that can impair breathing, cause a major drop in blood pressure, and alter heart rate, can occasionally result from a food allergy. Research indicates that 4% of adults and 8% of children under the age of five suffer from food allergies. Symptoms of food allergies are more common in young children and newborns.

Top Key Players Covered Global Food Allergy Market

Boehringer Ingelheim International GmbH (Germany), Aimmune Therapeutics, Inc(USA), Johnson & Johnson Private Limited (USA), Merck & Co., Inc (USA), Prestige Consumer Healthcare Inc (USA), Bayer AG (Germany), AstraZeneca (UK), DBV Technologies (France), Novartis Pharmaceuticals (Switzerland), F. Hoffmann-La Roche Ltd (Switzerland), Alladapt Immunotherapeutics (USA), Vedanta Biosciences, Inc (USA), Alladapt Immunotherapeutics (USA), Almirall, S.A (Spain), Sanofi (France), Pfizer Inc (USA) and Other Key Players.

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The global Food Allergy market research investigates the market in-depth and offers a comprehensive analysis of the major growth determinants, Food Allergy market share, current trends, key players, and their future predictions. In addition, market demand and supply, each geographical region's growth rate, and market potential are all included in the Food Allergy Market study. Raw materials, marketing channels, client surveys, industry trends and proposals, CAGR status, product scope, Food Allergy market trends, major leading countries/regions, market risk, and market driving force are all included in the market research. The market prediction was based on a thorough market investigation completed by several industry experts.

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Segmentation Analysis of the Food Allergy Market

By Food Source  

• Crustacean shellfish
• Dairy Products
• Poultry Products
• Others

By Symptom

• Anaphylaxis
• Hives
• Atopic Dermatitis
• Others

By Treatment     

• Epinephrine injection
• Oral Immunotherapy (OIT)
• Epicutaneous Immunotherapy (EPIT)
• Others

By End User        

• Hospitals
• Specialty Clinics
• Individuals
• Others

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Regional Analysis Of Food Allergy Market

North America is the market leader for food allergies since it provides a sizable basis for food allergy cases worldwide, and the number of these instances is rising rapidly. The need for treatment technologies and pharmaceuticals is increasing due to the rise in food allergies in the region. For example, phone surveys conducted by FAAN estimated that around 12 million people in the US, or 4% of the population, are allergic to fish, shellfish, peanuts, or tree nuts. However, this figure is far more and increasing quickly. In addition to all of this, the expansion of the food allergy market throughout the area is being helped by the growing healthcare costs in the North American countries.

By Region

• North America (US, Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Reasons to Purchase this Market Report:

• Market forecast analysis through recent trends and SWOT analysis
• Food Allergy Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
• Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
• Food Allergy Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
• Competitive environment related to the Food Allergy market share for key players, along with new projects and strategies that players have adopted over the past five years

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