Market Overview:
The global allergen extract market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of allergies, rising awareness about allergen extracts, and technological advancements in the field of allergen extraction. The global allergen extract market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into tablets and injectable. The injectable segment is expected to grow at a higher CAGR than that of tablets during the forecast period owing to its advantages such as high efficacy and long shelf life. On the basis of application, hospital accounted for majority share in 2017; however, clinic is projected to grow at a higher CAGR during 2018-2030 owing to increase in demand for personalized medicine across developed countries such as U.S.
Product Definition:
An allergen extract is a solution containing an extract of an allergen. It is used to diagnose and treat allergies.
Tablets:
Tablets are small pieces of paper or thin films that are used to deliver drugs in a dosage form. They can be made from a variety of materials such as plastics, binders, and excipients. The most common type of tablet is the film-coated tablet which contains the active ingredient embedded in it. It is then compressed with the help of binder and excipient using methods such as extrusion and compression molding.
Injectable:
Injectable is a sub-class of Allergen Extract. It is a concentrated preparation of antibodies, proteins or peptides that are extracted from the patient's own immune cells using centrifugation and filtration processes. The main function of Injectable is to enable the delivery of drugs at sites in the body where they are not naturally located such as organs, tissues or cells.
The global injectable market size was valued at USD 29 billion in 2016.
Application Insights:
The market is segmented by application into hospital, clinic and others. The hospital segment dominated the global allergen extract market in 2017 due to factors such as increasing prevalence of atopic dermatitis and other allergic diseases. In addition, growing awareness about early diagnosis of these conditions is expected to boost product demand in this segment over the forecast period.
Clinic applications are anticipated to witness significant growth over the forecast period owing to rising incidence of allergic rhinitis among children across the globe. According with Allergy UK, one in five people have some form of allergy or asthma which affects approximately 50 million people in U.K., thus presenting a lucrative opportunity for industry players over the coming years.
Regional Analysis:
Europe was the largest regional market in 2017 owing to growing prevalence of food allergies and increasing awareness about available allergen extracts. In addition, availability of a wide range of products with improved stability and safety is expected to drive the demand for allergens over the forecast period. Asia Pacific is projected to be fastest-growing region during the forecast years due to rising healthcare expenditure, improving infrastructure facilities for treatment, increased disposable income levels in developing countries like China and India as well as other factors. Moreover, increasing number allergic disorders due to change in climate conditions will boost product demand further over next eight years.
Growth Factors:
- Increasing prevalence of allergic diseases: The global prevalence of allergic diseases is increasing at an alarming rate. This is primarily attributed to the changing lifestyle and environmental factors. Allergen extracts are used for the diagnosis and treatment of various allergies, which is expected to drive the market growth.
- Growing demand for allergen-free products: The growing awareness about the adverse effects of allergens has led to a surge in demand for allergen-free products across the globe. This is expected to create lucrative opportunities for market players in the coming years.
- Technological advancements: The development of novel technologies has enabled manufacturers to develop advanced allergen extracts that are more effective and safer than traditional extracts. This is likely to boost market growth in the near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Allergen Extract Market Research Report
By Type
Tablets, Injectable
By Application
Hospital, Clinic
By Companies
Merck, Stallergenes S.A, Merck
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Allergen Extract Market Report Segments:
The global Allergen Extract market is segmented on the basis of:
Types
Tablets, Injectable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Merck
- Stallergenes S.A
- Merck
Highlights of The Allergen Extract Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tablets
- Injectable
- By Application:
- Hospital
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Allergen Extract Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Allergen extract is a product that contains all of the allergens found in a particular food. It can be used as an alternative to traditional allergy-containing foods, such as peanuts or wheat.
Some of the major players in the allergen extract market are Merck, Stallergenes S.A, Merck.
The allergen extract market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Allergen Extract Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Allergen Extract Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Allergen Extract Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Allergen Extract Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Allergen Extract Market Size & Forecast, 2018-2028
4.5.1 Allergen Extract Market Size and Y-o-Y Growth
4.5.2 Allergen Extract Market Absolute $ Opportunity
Chapter 5 Global Allergen Extract Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Allergen Extract Market Size Forecast by Type
5.2.1 Tablets
5.2.2 Injectable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Allergen Extract Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Allergen Extract Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Allergen Extract Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Allergen Extract Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Allergen Extract Analysis and Forecast
9.1 Introduction
9.2 North America Allergen Extract Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Allergen Extract Market Size Forecast by Type
9.6.1 Tablets
9.6.2 Injectable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Allergen Extract Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Allergen Extract Analysis and Forecast
10.1 Introduction
10.2 Europe Allergen Extract Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Allergen Extract Market Size Forecast by Type
10.6.1 Tablets
10.6.2 Injectable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Allergen Extract Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Allergen Extract Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Allergen Extract Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Allergen Extract Market Size Forecast by Type
11.6.1 Tablets
11.6.2 Injectable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Allergen Extract Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Allergen Extract Analysis and Forecast
12.1 Introduction
12.2 Latin America Allergen Extract Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Allergen Extract Market Size Forecast by Type
12.6.1 Tablets
12.6.2 Injectable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Allergen Extract Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Allergen Extract Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Allergen Extract Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Allergen Extract Market Size Forecast by Type
13.6.1 Tablets
13.6.2 Injectable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Allergen Extract Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Allergen Extract Market: Competitive Dashboard
14.2 Global Allergen Extract Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Merck
14.3.2 Stallergenes S.A
14.3.3 Merck
