According to
Reports and Data the antifreeze proteins market was USD 3.8 Million in 2020; it is
projected to grow at a CAGR of 27.4%, to reach USD 42.1 Million by 2028.
Antifreeze proteins have unique effects on ice in frozen solutions. The most
striking property antifreeze proteins is their ability to prevent growth of ice
crystals upon cooling and thus they produce a thermal hysteresis, i.e. a
separation of the equilibrium freezing point of a solution and the temperature
where an ice crystal can grow. Antifreeze proteins are extensively used in
different fields including the agriculture sector, wherein they extend the
harvest season in cooler climates by increasing the freeze tolerance of crops.
They are used to maintain the quality of F&B products post-thawing and
extend the shelf life of frozen food products. In addition, they are used as a
therapy for hypothermia and to improve cryosurgery. Consequently, the wide range
of commercial applications of antifreeze proteins is expected to drive market
growth during the forecast period.
In the healthcare
industry, antifreeze proteins are increasingly finding a broad range of
application in cryosurgeries and organ transplantation, which involve freezing
body tissues for preservation or later use. In recent years, the healthcare
space has been paying more attention to investments in novel processes and
technologies to ensure better lifestyle of patients. This, in turn, is expected
to influence the growth of the antifreeze proteins market.
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Competitive
Landscape:
The research
report offers details about leading companies in the global Antifreeze Proteins
market along with global position, financial standing, license agreement,
products and services portfolio and revenue contribution of each market player.
Key players in the market are focusing on adopting various strategies such as
mergers and acquisition, business expansion plans, new product launches,
partnerships, collaborations, joint ventures to enhance their product base and
gain robust footing in the market.
Some of the Leading Market Players Are Listed Below:
· Unilever
(UK),
· Kaneka
Corp. (Japan),
· Sirona
Biochem (Canada),
· A/F
Protein Inc. (US),
· MyBioSource,
Inc. (US),
· Rishon
Biochem Co.Ltd. (China),
· Nichirei
Corporation (Japan),
· ProtoKinetix
Inc. (US),
· Shanghai
Yu Tao Industrial Co., Ltd. (China),
· ProtoKinetix
(US)
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Market Segmentation: -
Antifreeze Proteins Market Segmentation based on the basis of type
- Type I
- Type II
- Antifreeze
Glycoprotein
- Others (Type
III and Type IV AFPs)
Antifreeze
Proteins Market Segmentation based on the basis of formulation:
- Solid
- Liquid
Antifreeze Proteins Market
Segmentation based on the
basis of mode of end-use:
- Medical
- Cosmetics
- Food
- Others (Agriculture,
material science, petroleum, climate control, and artificial snow
production)
Antifreeze
Proteins Market Segmentation based on the basis of source:
- Fish
- Plant
- Insects
- Others (Diatoms, fungi, and bacteria)
Antifreeze Proteins Market Segmentation based on Regions:
·
North
America (U.S., Canada, Mexico)
·
Europe
(Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
·
Asia
Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
·
Latin
America (Brazil, Rest of Latin America)
·
Middle
East & Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East &
Africa)
Key
Features of the global Antifreeze Proteins Market:
·
The
report offers detailed estimations at the regional level with manufacturers,
consumption, sales and import/export dynamics.
·
The
report provides accurate details related of the manufacturers/vendors in the
market, company overview, pricing analysis, financial standing, product
portfolio, and gross profit of leading companies.
·
Company
profiling with prevalent expansion strategies, revenue generation, and recent
developments.
·
Optimum
strategic initiatives for new players in the market.
·
Manufacturing
processes, suppliers, cost, rates of production and consumption, transport mode
and cost structuring, and value chain analysis.
·
The
study also includes supply chain trends, including elaborate descriptions of
the latest technological development
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Salient
Trends of the Antifreeze Proteins Market:
- Improved farm
fish production in cooler climates, advantages associated with antifreeze
proteins, and their practice in cryopreservation are predictable to impel
the progression of the antifreeze proteins market during the analysis
period.
- In cosmetics
and personal care products, antifreeze proteins are used as an additive
for averting quality degradation of products. For illustration, when
products comprising a fat component and an oil component are frozen, the
water confined in the cosmetic products may be crystallized to form ice.
Consequently, the components are physically pressed, and the structure is
demolished, so the superiority of the cosmetics become declined. Thus,
when antifreeze proteins are used in these cosmetics, the dilapidation of
quality can be avoided since the crystallization of water is prevented and
the structure of the fat and the oil components is maintained.
- Contact to
low temperatures arouses synthesis of antifreeze proteins in great
amounts. Henceforth, though present even in cold waters of temperate
climatic zones, the quantity of antifreeze proteins produced in fish is
inferior to fish in cooler climates.
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