The food allergy market is expected to expand from USD 39.99 billion in 2024 to USD 58.86 billion by 2031, registering a CAGR of 5.68%. The market's growth is fueled by rising food allergy prevalence, advancements in immunotherapy, increased awareness, and regulatory support for allergy treatments.

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Key Market Drivers

1. Increasing Prevalence of Food Allergies

   1. A rise in food intolerance cases, particularly among children and young adults, is driving demand for effective treatments.

   2. Common allergens such as tree nuts, dairy, wheat, soy, peanuts, and shellfish continue to impact millions worldwide.

2. Advancements in Oral Immunotherapy & Biologics

   1. Innovations in oral immunotherapy (OIT) and biologic drugs are transforming allergy management.

   2. Increasing research into monoclonal antibodies and desensitization treatments is boosting market potential.

3. Growing Demand for Antihistamines & Epinephrine Products

   1. Epinephrine auto-injectors (EpiPens) remain the primary emergency treatment for severe allergic reactions.

   2. Expanding availability of over-the-counter antihistamines for mild allergies is supporting market growth.

4. Rising Awareness & Government Support

   1. Initiatives promoting food allergy education, accurate labeling, and early diagnosis are enhancing consumer safety.

   2. Regulatory bodies are focusing on stringent allergen labeling laws and improved access to allergy treatments.

Market Segmentation & Regional Insights

1. By Treatment: Antihistamines, Oral Immunotherapy, Epinephrine, Others

2. By Food Source: Tree Nuts, Dairy Products, Wheat, Soy, Peanuts, Poultry, Shellfish, Others

3. By End-User: Homecare, Specialty Clinics, Hospitals, Others

North America leads the market due to high allergy prevalence, strong healthcare infrastructure, and advanced treatment adoption. Meanwhile, Europe and Asia-Pacific are experiencing growth driven by increasing food allergy awareness and expanding access to immunotherapy treatments.

Future Outlook

With continuous advancements in immunotherapy, increased research funding, and improved allergy management protocols, the food allergy market is set for steady growth. As consumer awareness rises and regulatory frameworks strengthen, early diagnosis, personalized treatments, and allergen-free product innovations will further enhance market expansion.

List of Key Companies in Food Allergy Market

1. Alletess Medical Laboratory

2. ALS Limited

3. Asurequality Ltd

4. Charm Sciences

5. Crystal Chem, Inc

6. Intertek Group PLC

7. Mérieux NutriSciences Corporation

8. Microbac Laboratories Inc.

The Global Food Allergy Market is Segmented as:

By Treatment

1. Antihistamines

2. Oral Immunotherapy

3. Epinephrine

4. Others

By Food source

1. Tree Nuts

2. Dairy Products

3. Wheat

4. Soy

5. Peanuts

6. Poultry

7. Shellfish

8. Others

By End-user

1. Homecare

2. Specialty Clinics

3. Hospitals

4. Others