As per our latest industry analysis, the valuation for the global at-home food sensitivity tests market demand is projected US$ 241.4 million in 2024. The overall market is projected to exhibit a CAGR of 8.5% between 2024 and 2034, with an estimated valuation of US$ 547 million by 2034.
Changing dietary patterns has increased the intake of the ingredients and foods in the diet, which produces reactions in people suffering from food sensitivity. The most common types of food causing food sensitivity are those containing lactose, histamine, and gluten. Hence, the possible cause needs to be determined to avoid future complications, requiring a test that could find the underlying reason for the condition, propelling the market for at-home food sensitivity tests.
To Get The Sample Copy Of Report Visit! https://www.futuremarketinsights.com/reports/sample/rep-gb-18312
The global allergy diagnostics business, mainly its food intolerance testing sub-segment, has grown impressively due to the high healthcare spending and rising demand for high-quality medical care and diagnostic services. According to the World Bank, the total healthcare expenditure in 2019 was 9.83% of the GDP.
Furthermore, increasing research and development in producing new and improved methods of at-home food sensitivity tests that would produce more accurate results are a few initiatives the market players took to increase the sales of at-home food sensitivity test kits.
“Increased awareness regarding allergy management, increased consumption of foods containing histamine, lactose, and gluten, as well as the cases of celiac disease and inflammatory bowel disease, is set to propel the sales of at-home food sensitivity tests across the globe,” says an analyst.
Key Takeaways from the Market Study Report:
- Blood sample tests are the leading segment as a product and hold around 33.4% market value share in 2023.
- Due to the rising demand for blood sample tests, the invasive type test segment is expected to take the lead with a 63.4% market share in 2023.
- Gastrointestinal diseases are dominating among indication segments and could continue with a 9.6% CAGR from 2024 to 2034.
- Hospital pharmacies make the leading distribution channel and are anticipated to expand during the forecast years with a CAGR of 7.3%.
- North America is the leading region, with almost one-third market share in 2023.
- Owing to the high prevalence of food insensitivity cases, India and China are the two remarkably growing markets with 7.3% and 6.2% CAGRs through 2034, respectively.
Experience The Impact Of Our Methodology Insights First hand: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-18312
Market Competition:
Market players are incorporating various strategies like new product launches, expansions, and collaborations. Key players have initiated promotional activities to introduce the design and engineering of novel at-home food sensitivity tests.
- In 2022, FoodMarble launched the first pocket-size personal digestive tracker, FoodMarble AIRE 2, with hydrogen and methane breath analysis technology to determine the dietary items that cause food intolerance in people.
- On April 20, 2022, LabCorp introduced a convenient home diagnostic test collection service in collaboration with Getlabs to bring together Getlabs’ phlebotomy service with LabCorp’s diagnostic testing to conveniently test customers in the comfort of their homes.
What Does the Report Cover?
Future Market Insights offers a unique perspective and actionable insights on the at-home food sensitivity tests market in its latest study, presenting a historical demand assessment of 2019 to 2023 and projections for 2024 to 2034. The global at-home food sensitivity tests market is segmented in detail to cover every market aspect and present a complete market intelligence approach to the reader.
The research study is based on the product– (blood sample test, tissue sample test, swap test, fecal test, and breath test), by test type (invasive and non-invasive), by indication (gastrointestinal diseases, joint pain, skin/allergic disease and others), by distribution channel (hospital pharmacies, retail pharmacies, and e-commerce), across seven key regions of the world.
Key Market Players:
- Vitagene
- myLAB Box
- FoodMarble Digestive Health Ltd.
- Laboratory Corporation of America Holdings
- cerascreen LLC.
- Everlywell, Inc.
- YorkTest
- TesMyAllergy (Global Science Technology Limited)
- 5Strands Affordable Testing
- UCARI
- Pinnertest Food Intolerance Test
Gain Immediate Access to Detailed Market Insights: Purchase Now to Access: https://www.futuremarketinsights.com/checkout/18312
Key Market Segments Covered in At-home Food Sensitivity Tests Industry Research:
By Product Type:
- Blood sample test
- Tissue sample test
- Swap test
- Fecal test
- Breath test
By Test Type:
- Invasive
- Non-invasive
By Indication:
- Gastrointestinal diseases
- Joint pain
- Skin/allergic disease
- Others
By Distribution channel:
- Hospital Pharmacies
- Retail Pharmacies
- E-commerce
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected]
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube