Food Allergy Treatment Market Report to Understanding Patient Needs and Solutions

The global food allergy treatment market was valued at approximately USD 6,872.9 million in 2024 and is expected to grow to USD 11,332.1 million by 2030, with a compound annual growth rate (CAGR) of 8.3% from 2025 to 2030. This growth is driven by the increasing prevalence of food allergies globally, alongside heightened research and development efforts for new treatments. Additionally, the adoption of innovative biological agents for food allergy treatment and a rise in clinic visits from patients seeking therapy are likely to further propel market growth during the forecast period.

Food allergies, particularly to dairy and peanuts, are increasingly common among children in Western countries. Peanut allergies, which often persist into adulthood, typically begin in early childhood and are associated with more severe reactions compared to other food allergies. Unlike many allergies that may resolve as children grow older, peanut allergies tend to remain throughout life for most individuals.

Historically, managing food allergies has involved strict avoidance of allergens and emergency action plans, including the use of adrenaline auto-injectors. However, the 2018 guidelines from the European Academy of Allergy and Clinical Immunology (EAACI) have recommended Oral Immunotherapy (OIT) as a viable treatment for children as young as 4 to 5 years old. This shift reflects the increasing prevalence of food allergies and emphasizes the need for innovative treatments that can improve management strategies and potentially lessen the severity of allergic reactions.

Key Market Trends & Insights

• North America led the food allergy treatment market in 2024, capturing the largest revenue share of 39.14%. This dominance is attributed to a growing awareness of the significant potential of allergy medications, prompting U.S. companies to invest heavily in their development.

• In terms of allergen type, the peanut segment held the largest revenue share at 20.55% in 2024 and is anticipated to experience the fastest growth rate. This is driven by the increasing prevalence of peanut allergies globally and heightened research and development for new treatments.

• Among drug types, the epinephrine segment accounted for 41.0% of the market share in 2024, as it is the preferred medication for allergic reactions. Its growth is fueled by the rising incidence of food allergies, affecting over 32 million Americans and around 10% of the population in certain Asia-Pacific countries.

• By route of administration, the parenteral segment led with a revenue share of 54.90% in 2024 and is expected to grow at a CAGR of 10.12%. Epinephrine, primarily administered via intramuscular injection into the thigh, is the main treatment for anaphylaxis.

• In terms of end use, hospital pharmacies dominated the market with a revenue share of 55.48% in 2024. The increasing number of hospital pharmacies is a key growth driver, enhancing access to treatments like antihistamines, epinephrine auto-injectors, and newer immunotherapy options.

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Market Size & Forecast

• 2024 Market Size: USD 6,872.9 Million

• 2030 Projected Market Size: USD 11,332.1 Million

• CAGR (2025-2030): 8.3%

• North America: Largest market in 2024

Key Companies & Market Share Insights

Key players in the global food allergy treatment industry are actively pursuing strategic initiatives such as mergers and acquisitions, partnerships, and the development of innovative therapies to strengthen their market positions. Prominent companies like Roche, Novartis, and Teva Pharmaceutical are dedicated to advancing their product pipelines to meet unmet treatment needs. These strategic efforts underscore the industry's commitment to enhancing patient outcomes and improving access to treatments within the healthcare landscape.

Key Players

• Sanofi

• Stallergenes Greer

• DBV Technologies

• Vedanta Biosciences, Inc.

• Alladapt Immunotherapeutics, Inc.

• COUR Pharmaceuticals

• Aravax

• Prota Therapeutics Pty Ltd

• Teva Pharmaceutical Industries Ltd.

• F. Hoffman-La Roche Ltd.

• Novartis AG

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Conclusion

The global food allergy treatment market will expand due to rising food allergy prevalence and increased research for new treatments. Peanut allergies, especially common among children in Western nations, often persist into adulthood and are linked to severe reactions. Traditional management has focused on allergen avoidance, but recent guidelines now advocate for Oral Immunotherapy (OIT) as a proactive approach for young children. In the U.S., about 1% to 2% of the population, including 6.1 million with peanut allergies, faces this issue, a trend that is also significant in Europe, where approximately 17 million individuals are affected, highlighting the urgent need for effective therapies.