Europe Food Allergy Diagnostics & Therapeutics Market Size & Outlook

The food allergy diagnostics & therapeutics market in Europe is expected to reach a projected revenue of US$ 1,478.7 million by 2027. A compound annual growth rate of 7.3% is expected of Europe food allergy diagnostics & therapeutics market from 2021 to 2027.
Revenue, 2020 (US$M)
$900.3
Forecast, 2027 (US$M)
$1,478.7
CAGR, 2021 - 2027
7.3%
Report Coverage
Europe

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

Europe

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Europe food allergy diagnostics & therapeutics market highlights

  • The Europe food allergy diagnostics & therapeutics market generated a revenue of USD 900.3 million in 2020.
  • The market is expected to grow at a CAGR of 7.3% from 2021 to 2027.
  • In terms of segment, therapeutics was the largest revenue generating type in 2020.
  • Diagnostics is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2021 to 2027.

Europe data book summary

Market revenue in 2020USD 900.3 million
Market revenue in 2027USD 1,478.7 million
Growth rate7.3% (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
Key market players worldwideAllergy Therapeutics PLC, Astellas Pharma Inc, Nestle SA, Pfizer Inc, Alk-Abello A/S Class B, BioMerieux SA

Other key industry trends

  • In terms of revenue, Europe region accounted for 29.5% of the global food allergy diagnostics & therapeutics market in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,053.0 million by 2027.

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Food Allergy Diagnostics & Therapeutics Market Companies

Name Profile # Employees HQ Website

Europe 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 78.51% in 2020. Horizon Databook has segmented the Europe food allergy diagnostics & therapeutics market based on diagnostics, therapeutics covering the revenue growth of each sub-segment from 2016 to 2027.


  • Europe 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
  • Europe Food Allergy Diagnostics & Therapeutics Allergen Source Outlook (Revenue, USD Million, 2016-2027)
    • Peanuts
    • Milk
    • Eggs
    • Fish
    • Shellfish
    • Tree Nuts
    • Wheat
    • Soy
    • Others
  • Europe Food Allergy Diagnostics & Therapeutics End Use Outlook (Revenue, USD Million, 2016-2027)
    • Hospitals & Clinics
    • Academic Research Institutes
    • Diagnostics Laboratories

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  • Our clientele includes a mix of food allergy diagnostics & therapeutics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe food allergy diagnostics & therapeutics market , including forecasts for subscribers. This continent databook contains high-level insights into Europe food allergy diagnostics & therapeutics market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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

Europe Food Allergy Diagnostics & Therapeutics Market Outlook Share, 2020 & 2027 (US$M)

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

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