Global Peanut Allergy Market 2019-2023| Increasing Prevalence of Peanut Allergy| Technavio

LONDON–(BUSINESS WIRE)–#AravaxTechnavio
analysts forecast the global peanut allergy market to grow at a CAGR
close to 90% during the forecast period, according to their
latest market research report.


The spin-offs are done by companies to increase the focus on emerging
business or for technologies that have the potential to disrupt the
market is one of the major trends being witnessed in the global
peanut allergy market 2019-2023
. Spin-offs are done by companies
to increase the focus on emerging businesses or for technologies that
have the potential to disrupt the market. Universities and research
institutes are also following this strategy to develop novel therapies
to treat various indications.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global peanut allergy market is the increasing
prevalence of peanut allergy:

Global peanut allergy market: Increase in
collaborations for R&D

R&D involves most of the costs in the drug development process, thereby
requiring vendors to manage fund requirements and seek collaborations
for R&D. These collaborations allow companies to have a strong foothold
for funds and skill set. Currently, research is dominated by small
biotechnology companies, which do not have enough funds for research.
These companies out-license molecules or technology platforms to large
pharmaceutical companies and collaborate with them for various research
programs.

According to a senior analyst at Technavio, “The market witnessed
various research institutions, biotechnology companies, and
pharmaceutical vendors collaborating for research on treating peanut
allergies. These increasing collaborations for R&D are expected to
result in the development and commercialization of effective therapies
to treat peanut allergies, thereby driving the market.”

Global peanut allergy market: Segmentation
analysis

The global peanut allergy market research report provides market
segmentation by product (peanut protein, vaccine, and others), and by
region (the Americas, EMEA, and APAC). It provides an in-depth analysis
of the prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

Of the two major products, the peanut protein segment held the largest
market share in 2018, contributing to over 89% of the market. This
product segment will dominate the global market throughout the forecast
period.

The Americas held the largest share of the market in 2018, accounting
for over 47% share. It was followed by EMEA and APAC respectively.
Factors such as the increasing prevalence of the allergy and various
initiatives taken by the US government toward spreading awareness about
peanut allergies are expected to drive the market in the Americas during
the forecast period.

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

leverton

I have been involved with publishing and marketing for the past 32 years. My passion is helping people share their voice. I am able to do this through two important venues: One, with Area-Info.net where people can share everything from opinions to events to news. It is your choice! What do you want to share? Two, through a new program called America's Real Deal I am involved with to help business owners get their voice heard.I schedule speaking engagements with community groups and business groups to share my passion about the importance of "sharing your voice".Contact me directly at lee@leeeverton.com for scheduling information.