Egg Allergy Market
The Egg Allergy Market is anticipated to reach USD 2016.43 Million by 2030 at 6.90% CAGR during the forecast period 2022-2030.
Egg allergy is caused by a protein in eggs which triggers an abnormal reaction to the immune system such as rash, vomiting, eczema, stomach pain, wheezing, runny nose, nausea, and in rare cases, anaphylaxis. Egg allergy is very common in children and tends to outgrow with age, even though in some cases, egg allergy may persist for a lifetime. Recent studies indicate that egg allergy has become more persistent than previously believed.
Egg Allergy Market Overview and Analysis by Age Group, Diagnosis Treatment and Treatment, End User - Forecast till 2030.
According to the report published by, McGill University in2016, egg allergy is common in infants and young children and affects 1 to 2% of the preschool children. Such a rise in incidences of egg allergies increase the demand for diagnostic tests and medications and spur the growth of the global egg allergy market. Egg allergy diagnosis procedures have shown noteworthy developments such as skin test and blood tests which have become easy and time-saving. For instance, in August 2018, Creative Diagnostics has developed a set of humanized monoclonal antibodies (IgM, IgG or IgA) that can be used as calibrators, positive, negative, or quality controls in assay development and manufacturing of diagnostic kits. Conversely, the growth of the global egg allergy market might be hampered by a lack of awareness regarding egg allergy. In developing countries, people are negligent towards egg allergies and tend to avoid treatment and diagnosis for the same which limits the market growth in such regions. Also, poor healthcare infrastructure and inaccessibility restrain market growth. Also, allergy detection tests such as blood tests and skin tests are expensive, and a small error in the procedure can cause huge loss. Skin tests cost around USD 60 to 300 while blood tests can go up to USD 200 to 1000 which cannot be afforded by everyone. Furthermore, allergy tests are not generally covered under health insurance policies. Thus, unfavorable reimbursement policies and high costs associated with allergy diagnostic tests constrain the growth of the market to a large extent. Technological advancements in screening procedures provide favorable backgrounds for the growth of the market while technical difficulties associated with them are likely to pose a challenge for the market growth.
Major Key Players:
Mylan N.V. (US), Genetech, Inc. (US), Sanofi (France), Creative Diagnostics (US), Alletess Medical Laboratory (US), HYCOR Biomedical (US), Kaleo, Inc. (US), Impax Laboratories, Inc (US), Kaleo, Inc. (US), Quest Diagnostics (US), Impax Laboratories (US), Imutest Ltd. (UK), and ImmuneTech (US) are the Egg Allergy Market Players.
Segment Analysis
The Global Egg Allergy Market Research Report has been segmented based on age group, diagnosis treatment, and end user.
By age group, the Global Egg Allergy Market has been segmented into children (0-18 years and adults (18+ years).
By diagnosis treatment, the global egg allergy market has been segmented into diagnosis and treatment. The diagnosis segment has been further segmented into skin test, blood test, food challenge, and others. The treatment segment has been further segmented into medication and oral immunotherapy. The medication sub-segment has been further segmented into antihistamine, epinephrine, and others.
By end user, the Global Egg Allergy Market has been segmented into hospitals clinics, diagnostic centers, research institutes, and others.
Regional Analysis
Regionally, the Global Egg Allergy Market is spanned across the Americas, Europe, Asia Pacific (APAC), and the Middle East Africa. The Global Egg Allergy Market is dominated by the Americas which has been further segmented into North America and South America. North America accounts for the maximum share of the North America market. Government support in the form of favorable legislation, coupled with the concentration of prominent market players in the region aid the growth of the market. Europe is the second largest market for egg allergy. Increasing prevalence of egg allergy in the region is a prime factor in boosting the market growth in Europe. The European Academy of Allergy and Clinical Immunology (EAACI) estimates that the number of people suffering from food allergy has increased to 17 Million in the last ten years which generates considerable demand for diagnosis and treatment. Besides, rigorous RD efforts and high expenditure on healthcare could drive the market in Europe.
APAC is poised to emerge as the fastest growing market for egg allergy at a CAGR of 8.71% over the forecast period. Growing innovation in the field of allergen-free food products, growing awareness, and faster adoption of new technologies spur the market in APAC. The MEA market is anticipated to register a CAGR of 5.70% over the forecast period due to limited access to healthcare in the developing countries. However, the Middle East market is likely to showcase moderate growth on account of improving healthcare infrastructure.
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