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Peanut Allergy Market Growth Opportunities and Forecast Analysis

12-12-2023 10:11 AM CET | Health & Medicine

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Peanut Allergy Market

Peanut Allergy Market

Hold onto your peanuts! The global Peanut Allergy Market is predicted to soar to an astounding USD 19.5 billion by 2029 from a modest USD 0.108 billion in 2022, showing a jaw-dropping Compound Annual Growth Rate (CAGR) of 110%. Let's dive into the peanut bowl to uncover the fascinating dynamics steering this market revolution.

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https://www.maximizemarketresearch.com/market-report/peanut-allergy-market/199509/

Peanut Allergy Unveiled: A Serious Health Concern 🤒🥜

Peanut allergy isn't just about steering clear of your favorite peanut butter cups; it's a global health concern affecting both children and adults. The rising incidence of peanut allergies, with a staggering 2 percent of the population impacted, has become a pivotal driver of the Peanut Allergy Market. But fear not, innovative solutions are brewing.

Driving Forces: From Research to Real-World Solutions 🌐⚙️

What's pushing the Peanut Allergy Market pedal to the metal? It's a combination of factors, including groundbreaking studies like Learning Early about Peanut Allergy (LEAP), which seeks to reduce peanut allergies in children by introducing peanuts early on. Action plans and treatments, from Benadryl to epinephrine, are also steering the market in the right direction.

Enter the heroes of the market-Peanut Allergy Key Players-who are investing heavily in research and development. Notable mentions include Aimmune Therapeutics, now tackling peanut allergies with an $80 million investment, showing the market's commitment to combatting this serious health concern.

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Trending Treatments: Innovations in Peanut Allergy Solutions 🔄💡

Epicutaneous Peanut Immunotherapy: Imagine a patch delivering peanut protein for up to 24 hours, promising treatment for children and young adults. The efficacy? A promising 51.8%, making it a beacon of hope in the Peanut Allergy Market.

Oral Peanut Immunotherapy: Ingesting small quantities of peanut protein daily leads to desensitization, showcasing high efficacy and propelling the Peanut Allergy Market forward.

Sublingual Peanut Immunotherapy: Repeated exposure to small doses makes patients less sensitive to allergens, offering a popular therapy choice expected to grow significantly.

Biologics: Anti-IgE, a biological agent, is in the game, offering approved allergy treatment and driving the Peanut Allergy Market's evolution.

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Challenges: Navigating the Rough Waters 🌊💔

While the Peanut Allergy Market rides high on innovation, challenges loom. High drug prices and a lack of awareness about treatments pose hurdles. The need for standardized methodologies in lengthy interventions may impede growth.

Global Impact: Peanuts Across Continents 🌏🌱

North America takes the lead, with peanut allergies affecting nearly 2% of the US population. Europe follows closely, growing at a significant rate, driven by recent approvals like PALFORZIA for peanut allergy treatment. Meanwhile, Asia Pacific, although less prone to peanut allergies, sees growth due to rising cases in specific regions.

Competition and Collaboration: Key Players in the Spotlight 🌟🤝

Major players like Aimmune Therapeutics, DBV Technologies, Sanofi, and others are making waves. Aimmune Therapeutics, for instance, delves into the psychosocial impact of peanut allergies, emphasizing the importance of holistic care.

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Segment Analysis: Liquid Dosages and Hospital Hubs 🏥🥤

In the battle of dosage types, liquid dosages take the crown, offering early relief and easy digestion. Hospitals emerge as the epicenter for peanut allergy treatments, with patients seeking refuge when symptoms strike.

by Product Type
Solid Dosage Form
Liquid Dosage Form

by Therapy
Epicutaneous peanut immunotherapy
Oral peanut immunotherapy
Sublingual peanut immunotherapy
Use of biologics

by Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

by End-Use
Hospitals
Home Care Settings
Clinics

Peanut Allergy Key Players include:

1. DBV Technologies
2. Sanofi
3. Vedanta Biosciences Inc
4. Alladapt Immunotherapeutics, Inc.
5. InnoUp
6. Cambridge Allergy Ltd.
7. COUR Pharmaceuticals
8. Regeneron Pharmaceuticals Inc.
9. Aimmune Therapeutics
10. Moonlight Therapeutics
11. Prota Therapeutics
12. Intrommune Therapeutics
13. Blue Willow Biologics
14. Aravax Pty Ltd.

Table of content for the Peanut Allergy Market includes:

Part 01: Executive Summary

Part 02: Scope of the Peanut Allergy Market Report

Part 03: Global Peanut Allergy Market Landscape

Part 04: Global Peanut Allergy Market Sizing

Part 05: Global Peanut Allergy Market Segmentation

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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