Antifreeze Proteins Market:
Growth opportunities in the antifreeze proteins market look promising over the next six years. This is mainly due to the growing demand for frozen food products and increasing awareness about various advantages of the protein.
Antifreeze Proteins Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The surging inclination towards frozen food products throughout the nation is one of the prominent drivers stimulating the antifreeze proteins market growth. The ongoing variations in the range of temperature and the formation of crystals during refreezing faced by the ice cream manufacturers have a negative impact on the texture and properties of ice-creams. Thus, these proteins help to prevent the crystallization at the time of freezing and storage, which has promoted the market demand in this sector. Also, they ensure preserving proper food quality by the time product reaches its final location by permitting cold storage of fresh food. The augmenting consciousness towards the advantages offered by these proteins like controlling the growth of ice crystals is promoting the market growth. Moreover, the increase in the usage of these proteins for cryosurgeries, organ transplants, and vaccination has raised the market growth. However, the huge production cost and research and development expense will hamper the market growth. This is because the machine and technology required to extract the protein is costly.
Form Segment Drivers
Based on the form, solid is projected to expand at a higher over the forecast period. This is primarily owing to various benefits such as easy to control coupled with their applications in cosmetics, medical, and frozen food products. Moreover, they are employed in ice creams, frozen meat, and skin whitening creams.
Regional Drivers
On the basis of regional coverage, North America is anticipated to lead the market during the forecast period. The prevalence of institutions that promote biotechnology and life sciences research boosts the market growth. Leading organisations, like A/F Protein Inc. are largely emphasising on research, extraction, development, and exports of protein. In addition to this, the expansion of aquaculture in the Atlantic oceans near Canadian coats to extricate the protein source through marine fishes is paving the way for market growth.
Antifreeze Proteins Market’s leading Manufacturers:
- Rishon Biochem Co. Ltd.
- AquaBounty Technologies Inc.
- ProtoKinetix, Inc.
- Unilever
- A/F Protein Inc.
- Shanghai Yu Tao Industrial Co. Ltd.
- kodera herb garden co., ltd.
- Sirona Biochem.
- KANEKA CORPORATION
- NICHIREI CORPORATION
Antifreeze Proteins Market Segmentation:
Segmentation by Type
- Type I
- Type II
- Type III
- Others
Segmentation by Form
- Solid
- Liquid
Segmentation by End-Use
- Medical
- Cosmetics
- Food
- Others
Segmentation by Source
- Fish
- Plants
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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