Global Food Allergy Market Market Share
The food allergy market is expected to develop at one of the quickest rates in Europe because of the strict regulations that ensure the region's high food safety standards.
According to the Association of British Dietitians (BDA), food hypersensitivity affects 20% of the population. One to ten percent of adults and children are thought to be hypersensitive to certain foods. Furthermore, research from the National Library of Medicine published in 2015 indicated that the prevalence of peanut allergy in children in Western nations had doubled over the previous ten years. The prevalence of peanut allergy is rising in Asia and Africa as well.
Furthermore, the Centers for Disease Control and Prevention predict North America will account for a sizable portion of the food allergy market—8% of 2020 saw an increase in food allergies affecting children in the United States.