Food Allergy Diagnosis and Treatment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: SGS SA, Intertek Group, TUV SUD AG, ALS Limited

The market for Food Allergy Diagnosis and Treatment was estimated to be worth $ 3800.9 million in 2021, and it is anticipated to increase to $ 5830.05 million by 2027, with a CAGR of 7.9% during 2022 and 2027.

Food Allergy Diagnosis and Treatment Market Overview

The market is expected to be driven by the increased prevalence of food allergies. The symptoms of an allergic reaction can include itchiness, tongue swelling, hives, low blood pressure, diarrhea, and vomiting. Food allergies are becoming more common around the world, according to the World Allergy Organization. Eggs, milk, wheat, seafood, and tree nuts are a few of the most typical allergies. Additionally, compared to western nations, Asia has a higher prevalence of fish allergy. Additional factors anticipated to support growth in the near future include growing awareness of food allergies, significant unmet medical needs, and the introduction of novel products to the market. Growing levels of environmental pollution that can cause major chronic respiratory ailments, as well as strategic partnerships among leading market competitors, are some of the primary factors expected to fuel the growth of the worldwide allergy diagnostic market during the analyzed timeframe. The market growth is also anticipated to be boosted by the substantial association between air pollution and asthma, allergic rhinitis, and other illnesses by 2027. Increasing R&D activities by researchers and scientists, as well as expanding technical innovations for improved allergy diagnostics employing smartphones, are some of the reasons expected to drive the worldwide allergy diagnostic market over the forecast period. Additionally, the adoption of mHealth in allergy diagnostics to improve patient and allergist communication through video calls, messaging, motion sensors, etc. is anticipated to accelerate market growth by 2027.

Industry News and Updates

AUG 22, 2022: Thermo Fisher (TMO) to Offer Wheat & Sesame Allergy Testing--

Thermo Fisher Scientific Inc. TMO recently gained FDA clearance for the in vitro diagnostic use of ImmunoCAP Specific IgE (sIgE) Allergen Components for wheat and sesame allergies. These advanced blood tests can serve as a diagnostic aid, enabling specialists and other healthcare providers to detect wheat and sesame allergies for patients at risk of a severe allergic reaction. The ImmunoCAP Specific IgE Allergen Components will soon be available across the nation.

What are the major Applications, Types and Regions for Food Allergy Diagnosis and Treatment Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Skin Prick Test


• Blood Test


• Food Elimination Test


• Polymerase Chain Reaction (PCR)


• Enzyme-linked Immunosorbent Assay (ELISA)


• Others

By Application, it is segmented into

• Academic Research Institutes


• Hospitals & Clinics


• Diagnostics Laboratories

Food Allergy Diagnosis and Treatment Market Regional Analysis

North America is likely to be the most profitable region. There are several things to take into account, including the increased frequency of allergies, attractive reimbursement scenarios for allergy diagnosis, and the existence of association-led support programs. As a result of a rise in food allergies, Europe dominated the market in 2018. In Europe, almost 17 million people reported having food allergies. The most frequent causes of food allergies and intolerance in this area were discovered to be fourteen allergens. The market in this area is also being driven by rising awareness of the numerous food allergy therapies that are already accessible. Due to an increase in the number of food allergy cases, particularly peanut allergy, Asia Pacific is likely to have profitable growth throughout the projection period. Modernization and lifestyle changes are the main causes of this. The regional market is also being driven by the expanding population in the area.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Food Allergy Diagnosis and Treatment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Food Allergy Diagnosis and Treatment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Food Allergy Diagnosis and Treatment Market report scope?

Key Takeaways from this Food Allergy Diagnosis and Treatment Market Report

• Evaluate Food Allergy Diagnosis and Treatment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Food Allergy Diagnosis and Treatment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Food Allergy Diagnosis and Treatment Market?

The Food Allergy Diagnosis and Treatment Market is growing at a CAGR of 7.9% over the next 5 years.

Who are the key players in Food Allergy Diagnosis and Treatment Market?

SGS SA, Intertek Group, TÜV SÜD AG, ALS Limited, Mérieux NutriSciences Corporation, Microbac Laboratories, Aimmune Therapeutics, Johnson and Johnson, Teva Pharmaceutical Industries, Omega Diagnostics Group PLC, Danaher, Eurofins Scientific, Siemens, Thermo Fisher, Stallergenes Greer, NEOGEN Corporation, Hitachi Chemicals, Perkin Elmer

What are the significant types of Food Allergy Diagnosis and Treatment Market?

Skin Prick Test, Blood Test, Food Elimination Test, Polymerase Chain Reaction (PCR), Enzyme-linked Immunosorbent Assay (ELISA), Others

What are the major end-use applications of Food Allergy Diagnosis and Treatment Market?

Academic Research Institutes, Hospitals & Clinics, Diagnostics Laboratories

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