Food Allergen And Intolerance Testing Market - Forecast(2020 - 2025)
Food Allergens and Intolerance Testing Market Overview: According to the World Allergy Organization (WAO), anaphylaxis in emergency rooms ranged from 222, 300-350, and 3,000 episodes on an annual basis in Hungary, Japan, and China respectively. Furthermore, the organization estimates the prevalence rate of anaphylaxis to be 2%, 0.1%, and 0.6-1% of the population in the U.S., Korea, and Australia. [1] Evidently, anaphylaxis is caused majorly due to food allergy, and the growing rates have been offering opportunities in the food allergen and intolerance testing market , which had an impressive valuation of $467.74m in 2018. The market is poised to grow at a profitable compound annual growth rate (CAGR) of 11.20% from 2019 to 2025. Request Sample The Food Drugs Administration (FDA) has made food safety an imperative aspect of the food industry, which is making up for the thriving North America food intolerance testing market. Furthermore, there has been a discernible increase in the num