Is SA’s burgeoning ‘allergy epidemic’ boosting the Allergy Care market?

Spring is upon us, and while it brings warmer weather, it is also accompanied by numerous seasonal allergy triggers. Globally and locally, consumers are experiencing a significant rise in allergic conditions, with experts in South Africa stating that the country is experiencing a burgeoning ‘allergy epidemic’.

Insight Survey’s latest SA Allergy Care Industry Landscape Report 2019 discusses the global and local Allergy Care market based on the latest information and research. It examines global and local market trends as well as the market drivers and challenges, to present an objective insight into the current environment, market dynamics, and future of the South African Allergy Care industry.

Globally, the Allergy Diagnostics and Therapeutics market (which includes allergy care/treatments, diagnostics, and immunotherapy) was valued at approximately US$34.0 billion in 2018. As illustrated in the graph below, the market is forecast to grow at a compound annual growth rate (CAGR) of 4.7% to reach an estimated US$49.6 billion by 2026. In terms of global key markets, North America held the largest market share in 2018, followed by Europe and Asia-Pacific. Asia-Pacific is also the fastest-growing market globally and is estimated to grow at a compound annual growth rate of 7.5% up to 2025.

Source: Globe Newswire Allergy Diagnostics and Therapeutics Market Report Graphics by Insight Survey

In South Africa, the Allergy Care market increased by a compound annual growth rate of 7.4%, at constant prices, between 2014 and 2018 and is forecast to grow at a slightly slower rate of 6.1% between 2020 and 2024. Growth in this market has mainly been driven by the Antihistamine segment which achieved a CAGR of 8.9% between 2014 and 2019.

Consumers today are more prone than ever to suffer from some form of allergy, including seasonal allergies and food allergies. Furthermore, seasonal allergies are being heightened by global warming and climatic changes, while new causes and triggers for food allergies are continuously identified. As a result of this, the local Allergy Care Market is expected to benefit from the increasing prevalence of allergies in South Africa over the next couple of years.

According to Doctor Thulja Trikamjee, a specialist paediatrician and allergologist from Netcare Sunninghill Hospital in Johannesburg, South Africa has experienced a dramatic rise in allergic diseases, so much so that South Africa is experiencing an ‘allergy epidemic’.

Wilmi Hudsonberg, the spokesperson for Pharma Dynamics, stated that South Africa currently has one of the highest prevalence rates of allergic conditions in developing countries, catching up to developed countries such as Europe, Australia, New Zealand, and the United States. For example, allergic rhinitis (hayfever), which is the most commonly reported allergy, affects up to 16 million people in South Africa.

Furthermore, statistics has shown that allergies among disadvantaged communities in South Africa are also rapidly increasing. Hudsonberg explained that most South Africans are not fortunate enough to access Allergy Care at all and have to wait for months to see a specialist. The imbalance between the demand for specialist Allergy Care and growing supply of allergy sufferers is ensuring strong growth in over-the-counter Allergy Care product sales.

The South African Allergy Care Industry Landscape Report 2019 (100 pages) provides a dynamic synthesis of industry research, examining the Allergy Care industry from a uniquely holistic perspective, with detailed insights into the entire value chain – from production through to consumption.

Some key questions the report will help you to answer:

  • What are the latest global and South African Allergy Care industry trends, drivers and challenges?
  • What are the current market dynamics of the South African Allergy Care industry (market size, market value, market volumes: 2014-2019 Actual, 2020-2024 Forecasts, distribution channels)?
  • Who are the key manufacturing and retail players in the South African Allergy Care industry?
  • What are the prices of popular Allergy Care brands across South African retail outlets?

Please note that the 100-page report is available for purchase for R27,500 (excluding VAT). Alternatively, individual sections can be purchased for R10,000 (excluding VAT). For additional information simply contact us at info@insightsurvey.co.za or directly on (010) 140-5756 or (021) 045-0202.

For a full brochure please go to: South African Allergy Care Industry Landscape Report 2019

About Insight Survey:

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