Histamine Toxicity Market Trends

  • Report ID: 5462
  • Published Date: Dec 18, 2023
  • Report Format: PDF, PPT

Histamine Toxicity Market Trends

Growth Drivers

  • Growing Prevalence of Food Allergies - The increasing prevalence of food allergies increases the risk of histamine intolerance, a condition where individuals experience adverse reactions to dietary histamine. This creates a larger target audience for histamine detection kits and treatment options boosting the histamine toxicity market expansion in the forthcoming period. Researchers anticipate that 33 million Americans have food allergies, consisting of 5.6 million children under the age of 18.
  • Lack of Safety Regulation on Fish Trade - Fish spoiling is caused by three main processes: oxidation, microbial growth, and enzymatic autolysis. The most widely used methods today for stopping oxidative, enzymatic, microbiological, and water activity deterioration are chemical methods and low-temperature preservation. Improper refrigeration during seafood shipment or seafood packaging may lead to histamine poisoning. As per a recent report, in 2022, the value of the world's seafood industry exceeded 257 billion US dollars. Therefore, for reasons related to the law, health, and environment, proper food labeling is crucial. Consumer interest in the precise ingredients of food that is sold has grown recently. Labels, along with other information that is frequently included, including energy values and nutritional information, are therefore crucial.

Challenges

  • Uncertainties in Histamine Levels - The varying histamine content in different foods and its dependence on various storage and processing factors pose challenges for accurate quantification and risk assessment. This uncertainty impedes the development of standardized regulatory measures. This is predicted to hamper the growth of the histamine toxicity market in the future.
  • High Cost of Diagnostic Tests are Predicted to Hamper the Market Growth in the Upcoming Period.
  • Limited Treatment Options Availability are Set to Pose Limitations on the Market Expansion in the Forecast Period.

Histamine Toxicity Market: Key Insights

Base Year

2023

Forecast Year

2024 – 2036

CAGR

~5%

Base Year Market Size (2023)

~USD 400 Million

Forecast Year Market Size (2036)

~USD 2 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Radhika Pawar


  • Report ID: 5462
  • Published Date: Dec 18, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing consumption of seafood, poor refrigeration & rotten fish are some of the major factors anticipated to drive the growth of the histamine toxicity market.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2024-2036.

The major players in the market are of Travere Therapeutics, Inc., Alembic pharmaceuticals, Intas Pharmaceuticals Ltd, Sanofi Aventis Ltd, Cipla Limited, Actavis Inc., and others.

The anti-histamine segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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