Global Food Allergy Diagnostics & Therapeutics Market

Global Food Allergy Diagnostics & Therapeutics Market Size, Trends, and Analysis - Forecasts To 2026 By Product Type (Diagnostic Products, Therapeutic Treatment Type), By Allergen Source (Eggs, Milk, Peanuts, Fish, Shellfish, Tree Nuts, Wheat, Soy, Others), By End-Use (Academic Research Institutes, Hospitals & Clinics, Diagnostics Laboratories), By Region (North America, Asia Pacific, CSA, Europe, Middle East and Africa); End-User Landscape, Company Market Share Analysis & Competitor Analysis

Category Healthcare

Format

This report was recently updated on April 18 2024 with the latest and most recent market numbers

Food Allergy Diagnostics & Therapeutics Market: Insights

Food allergy is an allergic reaction to food that can vary in severity from moderate to extreme. Non-IgE-mediated food allergy, IgE-mediated food allergy, and mixed IgE & non-IgE-mediated food allergy are the three main forms of food allergies. The right treatment of a food allergy is critical not just for proper care but also for avoiding unneeded diets. The assessment of food-specific IgE antibodies via serologic assays, the skin prick test, exclusion diets, and oral provocation testing are also part of the medical work-up for potential food allergies. Furthermore, some techniques are either undergoing further research (the atopy patch test) or are already in common use, especially among complementary and alternative medicines physicians, but are still considered unproven.

The global food allergen testing market is being driven by rising customer perception of food items safety, as well as a high demand for new and healthy products, both of which have led to increased acceptance of food safety standards. Furthermore, the increasing rate of food allergies on a global scale is another driver adding to the market's increasing demands. The most vulnerable age group to food allergies is children. The growing majority of instances of food allergies have prompted public health officials to take drastic steps to reduce severe allergies and their consequences. Furthermore, the food allergen testing market will benefit from the continuous development of the food and beverage industry, and also the growing foreign exchange of food and food ingredients.

Several major multi-retailers are launching gluten-free food brands on their titles. To reach a new customer base, supermarkets have begun to sell intolerance food items online. Multiple restaurants are including allergen-free food offerings on their menu due to increased awareness and appeal of allergy foods. Both of these trends would have a positive impact on the market's growing demands.

The global demand is also fueled by technological advances and growth in the number of R&D projects undertaken by numerous pharmaceutical firms. Such allergies may be safely handled with the aid of an epinephrine auto-injector, which is a form of auto-injector used to treat peanut allergies or bee bite allergies.

global food allergy diagnostics & therapeutics market

Food Allergy Diagnostics & Therapeutics Market: By Product Type

Based on the product type, the food allergy diagnostics & therapeutics market can be divided into diagnostic products and therapeutic treatment types. During the projected period, the therapeutic treatment type segment of the food allergy diagnostics & therapeutics growth is likely to be the highest since people are becoming more aware of the different medication options for food allergies. Antihistamines and epinephrine auto-injectors are two types of antihistamines. Antihistamines accounted for a large portion of the market in 2018, due to their widespread use. Antihistamines act by binding to the H1 receptors found on glandular tissue, smooth muscles, and nerve cells to inhibit the release of histamine.

Food Allergy Diagnostics & Therapeutics Market: By Allergen Source

Based on the allergen source, the food allergy diagnostics & therapeutics market can be divided into Eggs, Milk, Peanuts, Fish, Shellfish, Tree Nuts, Wheat, Soy, Others. During the predicted period, the Peanuts segment is predicted to account for the majority of the demand. This is due to a growth in the proportion of patients who are allergic to peanuts. Peanut allergy is among the world's most serious food allergies. The doctor uses a skin prick procedure to detect peanut allergy, which may lead to over-diagnosis or untrue.

Food Allergy Diagnostics & Therapeutics Market: By End Use

Based on the end-user, the food allergy diagnostics & therapeutics market can be divided into Academic Research Institutes, Hospitals & Clinics, Diagnostics Laboratories. During the predicted period, the hospitals & clinics segments are projected to account for the majority of the demand due to a spike in the number of patients seeking allergy treatment. This section is being driven by a growth in the number of allergic occurrences needing hospitalization. Furthermore, as the risk of serious allergic reactions has grown, the number of early clinical treatments in clinics and hospitals has grown.

asia pacific food allergy diagnostics & therapeutics market

Food Allergy Diagnostics & Therapeutics Market: By Region

As per the geographical analysis, the market can be classified into North America (the United States, Canada, and Mexico), Asia Pacific (India, China, Japan, Malaysia, Singapore, and Rest of Asia Pacific), Europe (Germany, United Kingdom, Italy, France, Spain, Netherlands, and Rest of Europe), Middle East & Africa (Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa) and Central South America (Brazil, Argentina, and Rest of Central and South America). The Asia Pacific is estimated to have a significant market share in the global food allergy diagnostics & therapeutics market. Due to a growth in the proportion of food allergy cases, primarily peanut allergy, the Asia Pacific region is expected to rise strongly over the forecast timeframe. This is owing to attributes like modernization and behavioral changes. Furthermore, the regional demand is being driven by the increasing geriatric population and various companies' investments to broaden their reach and product offerings.

Moreover, due to a rise in the occurrence of food allergies, Europe dominated the market in 2019. Food allergies were registered by approximately 17 million people in Europe. In this area, fourteen allergens were discovered to be the most common causes of food allergies and intolerance. The growing awareness of the numerous available treatments for food allergies is also propelling the demand throughout this region.

Food Allergy Diagnostics & Therapeutics Market: Share & Competitor Analysis

Cambridge Allergy Ltd; Allergy Therapeutics; Astellas Pharma, Inc.; Prota Therapeutics Pty Ltd; Immunomic Therapeutics, Inc.; Aimmune Therapeutics; ALK-Abelló Ltd; Meridian Medical Technologies; bioMérieux SA; Medica Pharma AB; HYCOR Biomedical; HOB Biotech Group Corp., Ltd, and Omega Diagnostics Group PLC; are some of the top players in the Food Allergy Diagnostics & Therapeutics market.

Please note: This is not an exhaustive list of companies profiled in the report.

Aimmune Therapeutics, Inc. reported in September 2019 that the FDA's Allergenic Products Advisory Committee (APAC) has agreed to approve the use of AR101 (proposed trade name: PALFORZIA) in children and adolescents with peanut allergies.

Chapter 1 Methodology

1.1 Market Scope & Definitions

1.2 Estimates & Forecast Calculation

1.3 Historical Data Overview and Validation

1.4 Data Sources

1.4.1 Secondary

1.4.2 Primary

Chapter 2 Report Outlook

2.1 Global Food Allergy Diagnostics & Therapeutics Industry Overview, 2019-2026

2.1.1 Industry Overview

2.1.2 Product Overview

2.1.3 Type Overview

2.1.4 Regional Overview

Chapter 3 Food Allergy Diagnostics & Therapeutics Market Trends

3.1 Market Segmentation

3.2 Industry Background, 2019-2026

3.3 Market Key Trends

3.3.1 Positive Trends

3.3.1.1 Rising prevalence of food allergy across the globe

3.3.1.2 Growing in the number of R&D initiatives taken by various pharmaceutical companies

3.3.2 Industry Challenges

3.3.2.1 High costs of a few drugs

3.4 Prospective Growth Scenario

3.4.1 Drug Growth Scenario

3.4.2 Application Growth Scenario

3.4.3 Distribution Channel Growth Scenario

3.5 COVID-19 Influence over Industry Growth

3.6 Porter’s Analysis

3.7 PESTEL Analysis

3.8 Value Chain & Supply Chain Analysis

3.9 Regulatory Framework

3.9.1 North America

3.9.2 Europe

3.9.3 APAC

3.9.4 LATAM

3.9.5 MEA

3.10 Technology Overview

3.11 Market Share Analysis, 2020

3.11.1 Company Positioning Overview, 2020

Chapter 4 Global Food Allergy Diagnostics & Therapeutics Market, By Product Type

4.1 Product Type Outlook

4.2 Diagnostic products

4.2.1 Market Size, By Region, 2019-2026 (USD Billion)

4.3 Therapeutic treatment type

4.3.1 Market Size, By Region, 2019-2026 (USD Billion)

Chapter 5 Global Food Allergy Diagnostics & Therapeutics Market, By Allergen Source

5.1 Distribution Channel Outlook

5.2 Eggs

5.2.1 Market Size, By Region, 2019-2026 (USD Billion)

5.3 Milk

5.3.1 Market Size, By Region, 2019-2026 (USD Billion)

5.4 Peanuts

5.4.1 Market Size, By Region, 2019-2026 (USD Billion)

5.5 Fish

5.5.1 Market Size, By Region, 2019-2026 (USD Billion)

5.6 Shellfish

5.6.1 Market Size, By Region, 2019-2026 (USD Billion)

5.7 Wheat

5.7.1 Market Size, By Region, 2019-2026 (USD Billion)

5.8 Soy

5.8.1 Market Size, By Region, 2019-2026 (USD Billion)

5.9 Others

5.9.1 Market Size, By Region, 2019-2026 (USD Billion)

Chapter 6 Global Food Allergy Diagnostics & Therapeutics Market, By Distribution Channel

6.1 Distribution Channel Outlook

6.2 Hospital Pharmacy

6.2.1 Market Size, By Region, 2019-2026 (USD Billion)

6.3 Retail Pharmacy

6.3.1 Market Size, By Region, 2019-2026 (USD Billion)

6.3 Online Pharmacy

6.3.1 Market Size, By Region, 2019-2026 (USD Billion)

Chapter 7 Global Food Allergy Diagnostics & Therapeutics Market, By Region

7.1 Regional outlook

7.2 North America

7.2.1 Market Size, By Country 2019-2026 (USD Billion)

7.2.2 Market Size, By Product Type, 2019-2026 (USD Billion)

7.2.3 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.2.4 Market Size, By End-Use, 2019-2026 (USD Billion)

7.2.5 U.S.

7.2.5.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.2.5.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.2.5.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.2.6 Canada

7.2.6.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.2.6.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.2.6.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.3 Europe

7.3.1 Market Size, By Country 2019-2026 (USD Billion)

7.3.2 Market Size, By Product Type, 2019-2026 (USD Billion)

7.2.3 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.3.4 Market Size, By End-Use, 2019-2026 (USD Billion)

7.3.5 Germany

7.3.5.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.3.5.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.3.5.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.3.6 UK

7.3.6.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.3.6.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.3.6.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.3.7 France

7.3.7.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.3.7.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.3.7.2 Market Size, By End-Use, 2019-2026 (USD Billion)

7.3.8 Italy

7.3.8.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.3.8.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.3.8.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.3.9 Spain

7.3.9.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.3.9.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.3.9.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.4 Asia Pacific

7.4.1 Market Size, By Country 2019-2026 (USD Billion)

7.4.2 Market Size, By Product Type, 2019-2026 (USD Billion)

7.4.3 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.4.4 Market Size, By End-Use, 2019-2026 (USD Billion)

7.4.4.1 China

7.4.4.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.4.4.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.4.4.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.4.5 India

7.4.5.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.4.5.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.4.5.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.4.6 Japan

7.4.6.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.4.6.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.4.6.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.4.7 Australia

7.4.7.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.4.7.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.4.7.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.4.8 South Korea

7.4.8.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.4.8.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.4.8.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.5 Latin America

7.5.1 Market Size, By Country 2019-2026 (USD Billion)

7.5.2 Market Size, By Product Type, 2019-2026 (USD Billion)

7.5.3 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.5.4 Market Size, By End-Use, 2019-2026 (USD Billion)

7.5.4.1 Brazil

7.5.4.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.5.4.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.5.4.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.5.5 Mexico

7.5.5.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.5.5.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.5.5.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.5.6 Argentina

7.5.6.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.5.6.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.5.6.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.6 MEA

7.6.1 Market Size, By Country 2019-2026 (USD Billion)

7.6.2 Market Size, By Product Type, 2019-2026 (USD Billion)

7.6.3 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.6.4 Market Size, By End-Use, 2019-2026 (USD Billion)

7.6.5 Saudi Arabia

7.6.5.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.6.5.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.6.5.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.6.6 UAE

7.6.6.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.6.6.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.6.6.3 Market Size, By End-Use, 2019-2026 (USD Billion)

7.6.7 South Africa

7.6.7.1 Market Size, By Product Type, 2019-2026 (USD Billion)

7.6.7.2 Market Size, By Allergen Source, 2019-2026 (USD Billion)

7.6.7.3 Market Size, By End-Use, 2019-2026 (USD Billion)

Chapter 8 Company Landscape

8.1 Competitive Analysis, 2020

8.2 Cambridge Allergy Ltd

8.2.1 Company Overview

8.2.2 Financial Analysis

8.2.3 Strategic Positioning

8.2.4 Info Graphic Analysis

8.3 Allergy Therapeutics

8.3.1 Company Overview

8.3.2 Financial Analysis

8.3.3 Strategic Positioning

8.3.4 Info Graphic Analysis

8.4 Astellas Pharma, Inc.

8.4.1 Company Overview

8.4.2 Financial Analysis

8.4.3 Strategic Positioning

8.4.4 Info Graphic Analysis

8.5 Prota Therapeutics Pty Ltd

8.5.1 Company Overview

8.5.2 Financial Analysis

8.5.3 Strategic Positioning

8.5.4 Info Graphic Analysis

8.6 Immunomic Therapeutics, Inc.

8.6.1 Company Overview

8.6.2 Financial Analysis

8.6.3 Strategic Positioning

8.6.4 Info Graphic Analysis

8.7 Aimmune Therapeutics

8.7.1 Company Overview

8.7.2 Financial Analysis

8.7.3 Strategic Positioning

8.7.4 Info Graphic Analysis

8.8 ALK-Abelló Ltd

8.8.1 Company Overview

8.8.2 Financial Analysis

8.8.3 Strategic Positioning

8.8.4 Info Graphic Analysis

8.9 bioMérieux SA

8.9.1 Company Overview

8.9.2 Financial Analysis

8.9.3 Strategic Positioning

8.9.4 Info Graphic Analysis

8.10 Medica Pharma AB

8.10.1 Company Overview

8.10.2 Financial Analysis

8.10.3 Strategic Positioning

8.10.4 Info Graphic Analysis

8.11 Other Companies

8.11.1 Company Overview

8.11.2 Financial Analysis

8.11.3 Strategic Positioning

8.11.4 Info Graphic Analysis

The Global Food Allergy Diagnostics & Therapeutics Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Food Allergy Diagnostics & Therapeutics Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.