Kuwait Peanut Allergy Treatment Market Size & Outlook
Kuwait peanut allergy treatment market, 2018-2030 (US$M)
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Kuwait peanut allergy treatment market highlights
- The Kuwait peanut allergy treatment market generated a revenue of USD 0.6 million in 2023 and is expected to reach USD 1.3 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 12.9% from 2024 to 2030.
- In terms of segment, epinephrine was the largest revenue generating drug class in 2023.
- Immunotherapies is the most lucrative drug class segment registering the fastest growth during the forecast period.
Peanut allergy treatment market data book summary
| Market revenue in 2023 | USD 0.6 million |
| Market revenue in 2030 | USD 1.3 million |
| Growth rate | 12.9% (CAGR from 2023 to 2030) |
| Largest segment | Epinephrine |
| Fastest growing segment | Immunotherapies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antihistamines, Epinephrine, Immunotherapies, Other Drug Class |
| Key market players worldwide | Nestle SA, Sanofi SA, DBV Technologies SA ADR, PureTech Health PLC, Regeneron Pharmaceuticals Inc, Teva Pharmaceutical Industries Ltd ADR, Protagonist Therapeutics Inc, Aravax, Alladapt Immunotherapeutics |
Other key industry trends
- In terms of revenue, Kuwait accounted for 0.1% of the global peanut allergy treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa peanut allergy treatment market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 2.5 million by 2030.
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Peanut Allergy Treatment Market Scope
Peanut Allergy Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Kuwait peanut allergy treatment 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 peanut allergy treatment market will help companies and investors design strategic landscapes.
Epinephrine was the largest segment with a revenue share of 50% in 2023. Horizon Databook has segmented the Kuwait peanut allergy treatment market based on antihistamines, epinephrine, immunotherapies, other drug class covering the revenue growth of each sub-segment from 2018 to 2030.
Food allergies, including peanut allergies, pose a common public health concern in Kuwait, impacting people of all ages. Although understanding of the extent of this issue in the country is somewhat limited, data from a 2020 NIH study revealed that the prevalence of peanut allergies among individuals in Kuwait is approximately 1.3%.
In the context of the Kuwait peanut allergy treatment market, it is important to recognize the significance of this prevalence rate. It suggests a notable portion of the population may require medical attention, support, and access to suitable treatments for peanut allergies.
Market players, including healthcare providers & pharmaceutical companies, should take this prevalence data into account when developing strategies for delivering effective and accessible treatments to those in need.
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Target buyers of Kuwait peanut allergy treatment market databook
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Our clientele includes a mix of peanut allergy treatment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Kuwait peanut allergy treatment market , including forecasts for subscribers. This country databook contains high-level insights into Kuwait peanut allergy treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Kuwait peanut allergy treatment market size, by drug class, 2018-2030 (US$M)
Kuwait Peanut Allergy Treatment Market Outlook Share, 2023 & 2030 (US$M)
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