Global Food Allergy Diagnostics & Therapeutics Market Size & Outlook

The food allergy diagnostics & therapeutics industry worldwide is expected to reach a projected revenue of US$ 5,108.9 million by 2027. A compound annual growth rate of 7.6% is expected of the worldwide food allergy diagnostics & therapeutics industry from 2021 to 2027.
Revenue, 2020 (US$M)
$3,051.7
Forecast, 2027 (US$M)
$5,108.9
CAGR, 2021 - 2027
7.6%
Report Coverage
Worldwide

Global food allergy diagnostics & therapeutics market, 2016-2027 (US$M)

Related Markets

Global food allergy diagnostics & therapeutics market highlights

  • The global food allergy diagnostics & therapeutics market generated a revenue of USD 3,051.7 million in 2020 and is expected to reach USD 5,108.9 million by 2027.
  • The market is expected to grow at a CAGR (2021 - 2027) of 7.6% by 2027.
  • In terms of segment, therapeutics accounted for a revenue of USD 2,391.6 million in 2020.
  • Diagnostics is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2020.
  • Country-wise, Russia is expected to register the highest CAGR from 2021 to 2027.

Global data book summary

Market revenue in 2020USD 3,051.7 million
Market revenue in 2027USD 5,108.9 million
Growth rate7.6% (CAGR from 2020 to 2027)
Largest segmentTherapeutics
Fastest growing segmentDiagnostics
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationDiagnostics, Therapeutics

Other key industry trends

  • In terms of revenue, the North America accounted for 41.0% of the global food allergy diagnostics & therapeutics market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Russia is the fastest growing regional market and is projected to reach USD 72.8 million by 2027.

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Food Allergy Diagnostics & Therapeutics Market Companies

Name Profile # Employees HQ Website

Global food allergy diagnostics & therapeutics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to food allergy diagnostics & therapeutics market will help companies and investors design strategic landscapes.


Therapeutics was the largest segment with a revenue share of 78.37% in 2020. Horizon Databook has segmented the Global food allergy diagnostics & therapeutics market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Food Allergy Diagnostics & Therapeutics Type Outlook (Revenue, USD Million, 2016-2027)
    • Diagnostics
      • In Vivo / Skin
        • Skin Prick Test
        • Patch Test
      • In Vitro
    • Therapeutics
      • Antihistamines
      • Epinephrine Auto-injector
  • Global Food Allergy Diagnostics & Therapeutics Allergen Source Outlook (Revenue, USD Million, 2016-2027)
    • Peanuts
    • Milk
    • Eggs
    • Fish
    • Shellfish
    • Tree Nuts
    • Wheat
    • Soy
    • Others
  • Global Food Allergy Diagnostics & Therapeutics End Use Outlook (Revenue, USD Million, 2016-2027)
    • Hospitals & Clinics
    • Academic Research Institutes
    • Diagnostics Laboratories

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Horizon Databook provides a detailed overview of global-level data and insights on the Global food allergy diagnostics & therapeutics market , including forecasts for subscribers. This global databook contains high-level insights into Global food allergy diagnostics & therapeutics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global food allergy diagnostics & therapeutics market size, by regions, 2016-2027 (US$M)

Top 10 countries: Food allergy diagnostics & therapeutics market size, 2020 (US$M)

Global food allergy diagnostics & therapeutics market share, by type, 2020 & 2027 (%, US$M)

Food allergy diagnostics & therapeutics market: Opportunity assessment by country

Global food allergy diagnostics & therapeutics market, by region, 2020 (US$M)

Global food allergy diagnostics & therapeutics market size, by regions, 2016-2027 (US$M)

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