Food Allergy Diagnostics and Therapeutics Market
Global Food Allergy Diagnostics and Therapeutics Market Size, Share & Trends Analysis Report by Diagnostic Products (Instruments and Test Kits), by Therapeutics (Antihistamines, Decongestant, Epinephrine Auto-Injector, and Others), and by End-User (Academic and Research Institutes, Diagnostic Centers, and Hospitals and Clinics) and Forecast 2019-2025 Update Available - Forecast 2024-2030
The global food allergy diagnostics and therapeutics market is growing significantly, at a CAGR of around 8.2% during the forecast period (2019-2025). Food allergy appears to be unpleasant for immune system, after a certain food is consumed. As per the American College of Allergy, Asthma & Immunology (ACAAI), around 90% of food allergies occur from eggs, milk, peanuts, tree nuts, fish, shellfish, wheat, and soy. These allergies tend to run in families; however, not all cases of food allergies are inherited. The most violent food allergic reaction is anaphylaxis, in which the patient loses its breath, drop of blood pressure, which ultimately affects the heart rate.
There are various pivotal factors that are driving the global food allergy diagnostics and therapeutics market, which includes the rising prevalence of food allergies, sedentary lifestyle and unhealthy dietary habits, and rising level of stress. However, the prevalence of food allergies is more in western countries as compared to the Asian countries. According to the European Academy of Allergy and Clinical Immunology, around 17 million people are affected with food allergy in Europe, among which, over 3.5 million sufferers belongs to the age group of 25 years and less. This possesses a major concern regarding the health of the society; owing to which, several countries have strict laws and regulations requiring food outlets to mention food allergens in food products and beverages. In addition, the technological advancements in food allergy diagnostics and therapeutics is expected to propel the market growth during the forecast period.
Segmental Outlook
The food allergy diagnostics and therapeutics market is classified on the basis of diagnostic products, therapeutics, and end-user. Based on diagnostic products, the market is bifurcated into instruments and test kits. Based on the therapeutics, the market is segmented into antihistamines, decongestant, epinephrine auto-injector, and others. Based on end-user, the market is segmented into academic and research institutes, diagnostic centers, and hospitals and clinics.
Global Food allergy diagnostics and therapeutics Market Share by End-Users, 2018 (%)
Global food allergy diagnostics and therapeutics market to be driven by diagnostic laboratories
Hospitals and clinics are the major end-users of food allergy diagnostics and therapeutics; however, the diagnostic laboratories are expected to project a considerable CAGR in the market during the forecast period. The hospitals and clinics often recommend for blood tests and skin test to the patient, which are performed in diagnostic laboratories. Therefore, there is an increasing demand for these tests due to the rising number of diagnostic labs at a global level and physicians are becoming more aware of the prevalence of these diseases. This, in turn, is expected to offer growth opportunity to the diagnostic labs in the global food allergy diagnostics and therapeutics market during the forecast period.
Regional Outlook
The global food allergy diagnostics and therapeutics market is classified on the basis of geography, which includes North America, Europe, Asia-Pacific, and Rest of the World. Euorpe is estimated to have considerable market share in the global food allergy diagnostics and therapeutics market. The major countries which contribute in the European market growth include UK, Germany, Spain, Italy, and France. Among which, the restaurants in UK are more vigilant to food allergies as compared to the restaurants in the US. This is due to the greater awareness in UK regarding the range of potential allergies; owing to which, there are strict guidelines for food businesses to mention the use of any of the 14 key allergen ingredients in the food products or drinks.
Global Food allergy diagnostics and therapeutics Market Growth, by Region 2019-2025
Asia-Pacific is expected to propel with a considerable growth rate in the global market
Asia-Pacific is expected to project a considerable growth in the global food allergy diagnostics and therapeutics market. Rapid urbanization and changing eating habits are also supposed to grow the market substantially in the region. The market growth in China and India is attributed to the growing healthcare infrastructure due to substantial government spending in the healthcare sector. With the substantial healthcare expenditure, government services are improving rapidly in the region, thus, it ensures better availability of treatment for various diseases including malfunctioning of the digestive tract.
Market Players Outlook
The key players in the food allergy diagnostics and therapeutics market are contributing significantly by providing advanced technology-based products and through expanding their geographical presence across the globe. The key players operating in the global food allergy diagnostics and therapeutics market include Aimmune Therapeutics Inc., Astellas Pharma Inc., bioMérieux SA, Romer Labs Division Holding GmbH, and Immunomic Therapeutics, Inc. These market players adopt various strategies such as product launch, partnerships, collaborations, merger, and acquisitions to sustain a strong position in the market. For instance, in January 2020, Aimmune Therapeutics Inc. received an FDA-approval for its peanut allergy treatment powder, PALFORZIA. It is a first approved treatment for patients dealing with peanut allergy.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global food allergy diagnostics and therapeutics market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Aimmune Therapeutics Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Astellas Pharma Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. bioMérieux SA
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Romer Labs Division Holding GmbH
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Immunomic Therapeutics, Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Food Allergy Diagnostics and Therapeutics Market by Diagnostic Products
5.1.1. Instruments
5.1.2. Test Kits
5.2. Global Food Allergy Diagnostics and Therapeutics Market by Therapeutics
5.2.1. Antihistamines
5.2.2. Decongestant
5.2.3. Epinephrine Auto-injector
5.2.4. Others (Corticosteroids)
5.3. Global Food Allergy Diagnostics and Therapeutics Market by End-User
5.3.1. Academic and Clinical Research Centers
5.3.2. Diagnostic Centers
5.3.3. Hospitals and Clinics
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Aimmune Therapeutics Inc.
7.2. ALK-Abelló A/S
7.3. Allergy Therapeutics PLC
7.4. Astellas Pharma Inc.
7.5. bioMérieux SA
7.6. Cambridge Nutritional Sciences Ltd. (Omega Diagnostics Group PLC)
7.7. Crystal Chem Inc.
7.8. DBV Technologies
7.9. Eurofins Scientific Services Ltd.
7.10. Everlywell, Inc.
7.11. Hycor Biomedical, Inc.
7.12. Immunomic Therapeutics, Inc.
7.13. Meridian Valley Laboratory, Inc.
7.14. Prota Therapeutics Pty Ltd.
7.15. Romer Labs Division Holding GmbH
7.16. Sementis
7.17. Symbio Laboratories
7.18. TÜV SÜD AG
1. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY DIAGNOSTICS PRODUCTS, 2018-2025 ($ MILLION)
2. GLOBAL INSTRUMENTS FOR FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL TEST KITS FOR FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY THERAPEUTICS, 2018-2025 ($ MILLION)
5. GLOBAL ANTIHISTAMINES FOR FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL DECONGESTANTS FOR FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL EPINEPHRINE AUTO-INJECTOR FOR FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL OTHER THERAPEUTICS FOR FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
10. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS IN ACADEMIC AND RESEARCH INSTITUTES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS IN DIAGNOSTIC CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS IN HOSPITALS AND CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
14. NORTH AMERICAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
15. NORTH AMERICAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY DIAGNOSTICS PRODUCTS, 2018-2025 ($ MILLION)
16. NORTH AMERICAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY THERAPEUTICS, 2018-2025 ($ MILLION)
17. NORTH AMERICAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
18. EUROPEAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
19. EUROPEAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY DIAGNOSTICS PRODUCTS, 2018-2025 ($ MILLION)
20. EUROPEAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY THERAPEUTICS, 2018-2025 ($ MILLION)
21. EUROPEAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
22. ASIA-PACIFIC FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
23. ASIA-PACIFIC FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY DIAGNOSTICS PRODUCTS, 2018-2025 ($ MILLION)
24. ASIA-PACIFIC FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY THERAPEUTICS, 2018-2025 ($ MILLION)
25. ASIA-PACIFIC FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
26. REST OF THE WORLD FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY DIAGNOSTICS PRODUCTS, 2018-2025 ($ MILLION)
27. REST OF THE WORLD FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY THERAPEUTICS, 2018-2025 ($ MILLION)
28. REST OF THE WORLD FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SHARE BY DIAGNOSTICS PRODUCTS, 2018 VS 2025 (%)
2. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SHARE BY THERAPEUTICS, 2018 VS 2025 (%)
3. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. USFOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
7. UKFOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD FOOD ALLERGY DIAGNOSTICS AND THERAPEUTICS MARKET SIZE, 2018-2025 ($ MILLION)
