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An impulsive reaction of the human body to any food element consumed is called a food allergy, which can depict varying symptoms, depending on an individual's physical health. Digestive problems or swollen airways are some of the common symptoms that a patient's body reflects due to the consumption of even slightly allergic food. WILMINGTON, Del.

, July 15, 2024 /PRNewswire/ -- The projected size of the global food allergy market is likely to reach USD 69.4 billion by 2034. The last recorded valuation of the industry was USD 36.



9 billion in 2023. Owing to a moderate advancement at a CAGR of 5.9% , the ecosystem is set to create prospects for leading organizations in the industry.

The growing cases of food intolerance are likely to surge the demand for proper treatments to cure allergies and other disorders. This rising demand is likely to spur opportunities for key players in the industry, fueling the growth of the said sector. A spike in cases of people suffering from asthma is driving the demand for anti-allergy treatments.

Albeit the effect of food color, food particles, and chemicals are not found to create any favorable effect for asthma, food allergy is found to be an important side-effect of the same. Such an allergy can further lead to the disease. Due to the growing prevalence of asthma cases, the demand for treatments to cure allergy, and thereby asthma, is increasing, driving the competitive space.

Depending on the severity of food allergies, treatment and medicine.

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