South Korea Peanut Allergy Treatment Market Size & Outlook
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South Korea peanut allergy treatment market highlights
- The South Korea peanut allergy treatment market generated a revenue of USD 5.1 million in 2023 and is expected to reach USD 12.0 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13% 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 5.1 million |
| Market revenue in 2030 | USD 12.0 million |
| Growth rate | 13% (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, South Korea accounted for 1.1% 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 Asia Pacific, China peanut allergy treatment market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 56.7 million by 2030.
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Peanut Allergy Treatment Market Scope
Peanut Allergy Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Alladapt Immunotherapeutics | View profile | 11-50 | Menlo Park, California, United States, North America | https://www.alladapt.com/ |
| Aravax | View profile | 11-50 | Melbourne, Victoria, Australia, Oceania | http://www.aravax.com.au/ |
| Protagonist Therapeutics Inc | View profile | 124 | 7707 Gateway Boulevard, Suite 140, Newark, CA, United States, 94560 | https://www.protagonist-inc.com |
| PureTech Health PLC | View profile | 90 | 6 Tide Street, Suite 400, Boston, MA, United States, 02210 | https://www.puretechhealth.com |
| DBV Technologies SA ADR | View profile | 105 | 177-181 avenue Pierre Brossolette, Montrouge, France, 92120 | http://www.dbvtechnologies.com |
| Teva Pharmaceutical Industries Ltd ADR | View profile | 37851 | 124 Dvora HaNevi’a Street, Tel Aviv, Israel, 6944020 | https://www.tevapharm.com |
| Regeneron Pharmaceuticals Inc | View profile | 13450 | 777 Old Saw Mill River Road, Tarrytown, NY, United States, 10591-6707 | https://www.regeneron.com |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
| Sanofi SA | View profile | 87994 | 46, avenue de la Grande Armée, Paris, France, 75017 | https://www.sanofi.com |
South Korea 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 47.06% in 2023. Horizon Databook has segmented the South Korea peanut allergy treatment market based on antihistamines, epinephrine, immunotherapies, other drug class covering the revenue growth of each sub-segment from 2018 to 2030.
In South Korea, the peanut allergy treatment market exhibits a growing concern as the prevalence of peanut allergies is increasing, particularly among children. Exact statistics may vary, but it is clear that peanut allergies pose a significant health issue, causing discomfort and, in some cases, severe reactions in individuals, especially children.
The competitive landscape of the peanut allergy treatment market in South Korea is influenced by pharmaceutical companies, healthcare providers, and research institutions working to develop & provide effective treatments. As the prevalence of peanut allergies continues to rise, there is an increasing focus on research and innovation in this field.
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Target buyers of South Korea 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea peanut allergy treatment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea peanut allergy treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea peanut allergy treatment market size, by drug class, 2018-2030 (US$M)
South Korea Peanut Allergy Treatment Market Outlook Share, 2023 & 2030 (US$M)
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