Global Peanut Allergy Treatment Market
Pharmaceuticals

Peanut Allergy Treatment Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034

2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Are the Primary Drivers Supporting the Market Growth of thePeanut Allergy Treatment Market?

Investment in research and development of allergy treatments is expected to propel the growth of the peanut allergy treatment market. Increased R&D funding is crucial for developing innovative therapies to treat peanut allergies, including immunotherapies and desensitization techniques. In January 2024, the Victorian Government announced a $12 million investment in Aravax, an Australian biotech company, to advance global peanut allergy treatment. This funding supports the development of Aravax’s immunotherapy PVX108, which has received Phase 2 trial approvals from the FDA and TGA. Therefore, increased R&D investment is driving the growth of the peanut allergy treatment market.

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#What Are the Key Projections for the CAGR of the Peanut Allergy Treatment Market From 2025 to 2034?

The peanut allergy treatment market has grown rapidly. It is expected to grow from $0.45 billion in 2024 to $0.51 billion in 2025, reflecting a CAGR of 11.4%. Historic growth was driven by rising prevalence, better diagnostic methods, increased public awareness, early intervention strategies, and regulatory product approvals.

The peanut allergy treatment market is projected to grow to $0.77 billion by 2029, at a CAGR of 11.1%. The growth is driven by rising prevalence, personalized medicine approaches, new immunotherapy treatments, and public and private investment. Key trends include immunotherapy adoption, biologic therapy advancements, probiotic-based treatments, and technological innovations.

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What Are the Latest Innovations Influencing thePeanut Allergy Treatment Market?

Companies in the peanut allergy treatment market are developing biologic therapies, such as anti-IgE monoclonal antibodies, to offer more targeted and effective treatments for peanut allergies. Novartis Pharmaceuticals Corporation, based in Switzerland, received FDA approval in February 2024 for Xolair, an anti-IgE monoclonal antibody aimed at reducing allergic reactions in patients with IgE-mediated food allergies.

Who Are the Major Industry Players Accelerating Growth in thePeanut Allergy Treatment Market?

Major companies operating in the peanut allergy treatment market are Pfizer Inc., F. Hoffmann-La Roche AG, Sanofi SA, Novartis AG, Takeda Pharmaceutical Company Limited, Viatris Inc., Regeneron Pharmaceuticals Inc., Hikma Pharmaceuticals plc, ALK-Abelló A/S, Amneal Pharmaceuticals Inc., Amphastar Pharmaceuticals Inc., Stallergenes Greer plc, kaleo Inc., Aquestive Therapeutics Inc., Vedanta Biosciences Inc., Aimmune Therapeutics Inc., AnaptysBio Inc., Alladapt Immunotherapeutics Inc., Aravax Pty Ltd., Intrommune Therapeutics Inc., IgGenix Inc., DBV Technologies SA, Camallergy Ltd., HAL Allergy Group, Prota Therapeutics Pty Ltd.

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Which Primary Segments of the Peanut Allergy Treatment Market Are Driving Growth and Industry Transformations?

The peanut allergy treatment market covered in this report is segmented –

1) By Drug Class: Antihistamines, Immunotherapies, Epinephrine, Other Drug Classes

2) By Route Of Administration: Injectable, Oral, Other Routes Of Administration

3) By Distribution Channel: Retail Pharmacy, Hospital Pharmacy, Other Distribution Channels

Subsegments:

1) By Antihistamines: Oral Antihistamines, Topical Antihistamines

2) By Immunotherapies: Oral Immunotherapy (OIT), Sublingual Immunotherapy (SLIT), Epicutaneous Immunotherapy (EPIT)

3) By Epinephrine: Epinephrine Auto-Injectors, Epinephrine Inhalers

4) By Other Drug Classes: Leukotriene Receptor Antagonists, Monoclonal Antibodies, Corticosteroids

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Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of thePeanut Allergy Treatment Market?# Market?

North America was the largest region in the peanut allergy treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peanut allergy treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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