10:16 ETFood Allergy Market Forecast to Reach USD 73.2 Billion by 2035 as Diagnostics, Labeling Compliance, and Immunotherapy Expand Clinical Pathways

prnewswire
2026.02.04 15:17
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The global food allergy market is projected to grow from USD 44.1 billion in 2025 to USD 73.2 billion by 2035, with a CAGR of 5.2%. Key drivers include rising prevalence of allergies, regulatory compliance on allergen labeling, and advancements in diagnostics and treatment. Peanuts are expected to be the leading allergen source, while antihistamines will dominate treatment. Hospitals will remain the primary care setting, capturing 42% of market revenue. North America and Europe are key growth regions, although challenges like underdiagnosis and high testing costs may hinder progress.