The 7 major peanut allergy markets reached a value of USD 476.7 Million in 2024. Looking forward, IMARC Group expects the 7MM to reach USD 1,011.4 Million by 2035, exhibiting a growth rate (CAGR) of 7.08% during 2025-2035.
Report Attribute
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Key Statistics
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Base Year |
2024
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Forecast Years | 2025-2035 |
Historical Years |
2019-2024
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Market Size in 2024
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USD 476.7 Million |
Market Forecast in 2035
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USD 1,011.4 Million |
Market Growth Rate 2025-2035 | 7.08% |
The peanut allergy market has been comprehensively analyzed in IMARC's new report titled "Peanut Allergy Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2025-2035". Peanut allergy, also known as peanut hypersensitivity, is a food allergy in which the immune system mistakenly identifies peanut proteins as harmful and triggers an allergic reaction. This response occurs within minutes following direct or indirect contact with peanuts. Symptoms of the ailment can range from mild, such as itching and hives, to severe, including anaphylaxis, a life-threatening reaction that can cause difficulty breathing, swelling of the throat, and a drop in blood pressure. Individuals suffering from this illness may also experience digestive problems like stomach cramps, indigestion, diarrhea, nausea, vomiting, etc. The diagnosis of peanut allergy typically involves a combination of physical examination and underlying indications. Additionally, the doctor may investigate the patient's medical history, including a family history of allergies or any known allergies. A blood workup is utilized to monitor the antibodies in the bloodstream against allergies. The healthcare provider may perform certain assessment studies, such as skin prick tests and oral food challenges, to confirm a diagnosis in the patients.
The rising incidences of allergic reactions resulting from an overactive immune system against certain substances or foods are primarily driving the peanut allergy market. In addition to this, the increasing cases of impaired skin barriers due to atopic dermatitis, leading to exposure and penetration of food allergens, are also propelling the market growth. Moreover, the widespread adoption of effective medications, such as epinephrine and antihistamines, to help manage symptoms during an allergic reaction is creating a positive outlook for the market. Apart from this, the escalating utilization of the radioallergosorbent test (RAST) to diagnose the ailment since it aids in identifying the amount of allergen-specific IgE antibodies in the blood is also bolstering the market growth. Furthermore, several key players are making substantial investments in developing novel therapies that target particular pathways to provide more effective relief of indications. This, in turn, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of oral immunotherapy, which is designed to offer durable desensitization to peanuts and reduce the risk of severe reactions, is expected to drive the peanut allergy market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the peanut allergy market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for peanut allergy and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the peanut allergy market in any manner.
PALFORZIA is a therapy for peanut allergies. The drug can help minimize the severity of allergic responses, such as anaphylaxis, that might occur after being accidentally exposed to peanuts. PALFORZIA can be begun in patients aged 4 to 17 years old.
CNP-201 is a biodegradable nanoparticle that contains refined peanut protein extract and is delivered by intravenous infusion. Peanut allergen-containing nanoparticles are absorbed by immune-presenting cells. When particles and allergens are introduced within the immune processing cell, they cause reprogramming of the immune system's biological processes, lowering and eliminating the likelihood of severe allergic reactions.
Viaskin Peanut is a revolutionary type of allergy immunotherapy in development. Peanut allergens are delivered via a patch worn on intact skin. To desensitize allergy sufferers to peanuts and prevent future attacks, allergens are administered to stimulate the immune system. The patch is designed for children aged 4-11 who avoid peanuts and are at risk of severe responses if mistakenly exposed to them.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current peanut allergy marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Palforzia (Peanut Allergen Powder-dnfp) | Nestlé |
CNP-201 | Cour Pharmaceutical |
Viaskin Peanut | DBV Technologies |
VE416 | Vedanta Biosciences |
Omalizumab | Genentech/Novartis |
PVX-108 | Aravax |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Peanut Allergy: Current Treatment Scenario, Marketed Drugs and Emerging Therapies