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Food Allergy Diagnosis Treatment Market Research Report Information by food source (Eggs, Milk, Peanuts, Seafood, and Tree Nuts), Diagnosis (Primary and Secondary), Treatment (Antihistamines and Adrenalin), End-User (Hospital & Clinics, and Diagnostic Centers), And by Region (North America, Europe, Asia-Pacific, And Rest of The World) –Market Forecast Till 2032
The food allergy diagnosis and treatment market is anticipated to reach USD 3.09 billion by 2032 at 7.60% CAGR during the forecast period 2023-2032. The market has witnessed remarkable growth in recent years, driven by an increasing awareness of food allergies and advancements in diagnostic technologies and treatment modalities. As the prevalence of food allergies continues to rise globally, the market is evolving to meet the growing demand for accurate diagnosis and effective treatment options.
Accurate diagnosis is the cornerstone of managing food allergies effectively. Recent developments in diagnostic tools have significantly improved the precision of identifying allergens and assessing the severity of allergic reactions. Traditional methods, such as skin prick tests and blood tests, remain essential, but cutting-edge technologies like component-resolved diagnostics and molecular testing have taken center stage.
The food allergy diagnosis and treatment market are poised for continued growth as innovations in diagnostic technologies and treatment modalities progress. The increasing prevalence of food allergies, coupled with a rising awareness of the impact of these conditions on individuals’ quality of life, is driving investments in research and development. Pharmaceutical companies and healthcare providers are collaborating to bring novel diagnostic tools and therapeutic interventions to the market, promising improved outcomes for those living with food allergies.
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Competitive Analysis
Some of the key players in the food allergy diagnosis treatment market are SGS S.A. (Switzerland), Microbac Laboratories, Inc. (US), Intertek Group PLC (UK), AsureQuality Limited (New Zealand), TÜV SÜD AG (Singapore), Mérieux NutriSciences Corporation (US), Eurofins Scientific SE (Luxembourg), ALS Limited (Australia)
Segmentation of Food Allergy Diagnosis Treatment Market
The global food allergy diagnosis & treatment market has been segmented on the basis of food source, diagnosis, treatment, end-use, and region.
On the basis of food source, the market has been divided into eggs, milk, peanuts, seafood, tree nuts, wheat, soy, and others. The adverse effects of egg allergy can vary from hives or rashes to a severe allergic reaction known as anaphylaxis. Milk allergy is most common in infants and children; however, it can develop at any age. Peanuts are the most common cause of food allergy. Tree nuts include almonds, walnuts, hazelnuts, pine nuts, pecans, and lychee nuts, among others. Wheat allergy is an allergic reaction caused by the consumption of wheat and food containing wheat. Soy allergy mainly starts in infancy with reaction to soy-based infant formula. Milk segment is projected to grow at the highest CAGR of 3.87% during the forecast period.
Based on diagnosis, the global food allergy diagnosis & treatment market is segmented into primary and secondary. The primary segment includes—skin prick test, blood test, food elimination diet test, and others. This segment is expected to grow at a CAGR of 3.40% over the forecast period.
The secondary methods of food allergy diagnosis are included such as Polymerase Chain Reaction (PCR) methods, Enzyme-Linked Immunosorbent Assay (ELISA) method, and others. If food allergy detection fails through ELISA, PCR method is used to detect the allergen. PCR segment is projected to grow at a CAGR of 3.68% over the forecast period. ELISA is a sensitive method to test the presence of the antigen. This segment is estimated to grow at a CAGR of 2.57% over the forecast period.
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On the basis of treatment, the global food allergy diagnosis & treatment market is segmented into antihistamines and adrenalin & corticosteroids. Antihistamines & corticoids segment is projected to grow at the highest CAGR of 3.42% over the forecast period while adrenalin segment is expected to grow at a CAGR of 3.39% over the forecast period.
By end-use, global food allergy diagnosis & treatment market has been segmented into hospitals & clinics, diagnostic centers, and research institutes. The hospital & clinics segment accounted for the larger market share of 71.5% in 2018. However, the diagnostic centers segment is projected to exhibit a higher CAGR of 3.47%.
Regional Overview
North America leads with advanced healthcare and significant R&D investments, emphasizing personalized medicine and cutting-edge diagnostics.
Europe showcases a growing focus on accurate diagnosis, expansive treatment options, and a supportive regulatory environment.
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Asia-Pacific exhibits rising awareness, particularly in Japan and South Korea, with increasing interest in advanced diagnostics and therapies, albeit facing challenges in accessibility and affordability.
Latin America experiences a gradual increase in awareness, with Brazil and Mexico as key markets, but limited healthcare resources pose challenges to widespread adoption of advanced treatments.
The Middle East and Africa face lower awareness levels, diverse healthcare infrastructures, limited access to specialized tools, and a need for increased awareness and research investment.
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