Antifreeze Proteins Market

Antifreeze Proteins Market is projected to reach USD 37 Million by 2027, exhibiting a CAGR of 36.6% during forecast period.

Introduction of the Antifreeze Proteins Market Report

Antifreeze protein is the class of polypeptides, which are produced from plants, animals, bacteria, and fungi that allow their survival in temperatures below the freezing point of water. It has an ability to depress the freezing point of a solution while maintaining an equilibrium melting point. The global antifreeze proteins market has applications in food, medical, and others.

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Market Dynamic

Key Drivers and Emerging Trends

The increasing demand for frozen food products around the world is contributing to the growth of the global antifreeze proteins market share. In the ice cream sector, the continuous fluctuation in the temperature range during the freezing process is a major challenge faced by every manufacturer. The formation of large crystals in the refreezing process has an adverse impact on the texture and properties of the ice cream. Thus, this has surged the demand for antifreeze proteins to prevent crystallization during the freezing and storage. They allow the cold storage of fresh food for trade which ensures the maintenance of proper food quality till the product reaches the desired location. Moreover, the rising awareness related to the benefits provided by antifreeze proteins such as control ice crystal growth is further driving the market growth. There has been an increase in the application of antifreeze proteins in organ transplants, vaccinations, cryosurgeries, which are driving the market growth.

Restraints in the Global Antifreeze Proteins Market

On the other hand, the high cost of production and R&D expenditure are the two major factors that are hampering the market growth. The cost of the machines and technology used in the extraction of the antifreeze protein is quite high.

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Type – Segment Analysis

Based on the type, the type I is projected to grow at a higher CAGR during the forecast period. The increasing use of type I antifreeze protein, particularly in medical and cosmetics applications, is propelling the market growth. The Type I antifreeze protein is found in fishes that live in cold weather. Organizations such as A/F Protein Inc., and Nichirei Corporation, are some of the leading manufacturers and suppliers of this type of protein.

Form – Segment Analysis

Based on the form, the solid is expected to grow at a higher CAGR over the forecast period. Various benefits such as ease of handling, applications in frozen food products, medical, and cosmetics, is driving the growth of the market during the forecast period. The solid antifreeze proteins have applications, including in frozen meat, skin whitening creams, and ice creams.

End-Use – Segment Analysis

Based on the end-use, the medical end-use is expected to dominate the market during the forecast period. The antifreeze proteins are effective against viruses, fungi, bacteria, and protozoa in the body and on the skin. Cryopreservation is an important stage in biomedicine sectors, including gene therapy, tissue preservation screening of drugs, and tissue engineering. Thus, the growing use of antifreeze proteins in medical applications is propelling market growth.

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Regional – Segment Analysis:

On the basis of regional coverage, North America is expected to dominate the market during the forecast period. The presence of regional institutions that support biotechnology and life sciences research is contributing to the regional market growth. A/F Protein Inc. is a major organization that focuses on antifreeze protein research, extraction, development, and exports in the country. In addition to this, the growth of aquaculture in the Atlantic oceans near Canadian coats for extracting antifreeze protein source through marine fishes is further opening new doors for the market growth.

Top Market Players

Various notable players operating in the market, include NICHIREI CORPORATION, A/F Protein Inc., KANEKA CORPORATION, Unilever, Sirona Biochem., ProtoKinetix, Inc., kodera herb garden co., ltd., AquaBounty Technologies Inc., Shanghai Yu Tao Industrial Co. Ltd., and Rishon Biochem Co. Ltd., among others.

Segments covered in the Report:

The global Antifreeze Proteins market has been segmented on the basis of Type, Form, End-Use, Source and regions. Based on Type, the market is segmented into Type I, Type II, Type III, and Others. Based on Form, the market is segmented into Solid and Liquid. Based on End-Use, the market is segmented into Medical, Cosmetics, Food, and Others. Based on Source the market is segmented into Fish, Plants, and Others. 

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Key questions answered in this research report:

• • At what pace is global Antifreeze Proteins market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Antifreeze Proteins market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Antifreeze Proteins market?
  • Which Type generated maximum revenues in 2019 and identify the most promising Type during the forecast period?
  • What are the various Form areas of global Antifreeze Proteins market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global Antifreeze Proteins Market by Type

• • Type I
  • Type II
  • Type III
  • Others

Global Antifreeze Proteins Market by Form

• • Solid
  • Liquid

Global Antifreeze Proteins Market by End-Use

• • Medical

  • Cosmetics
  • Food
  • Others

Global Antifreeze Proteins Market by Source

• • Fish
  • Plants
  • Others

Global Antifreeze Proteins Market by Region

• • North America Antifreeze Proteins Market (Option 1: As a part of the free 25% customization)
    • North America Antifreeze Proteins Market by Type
    • North America Antifreeze Proteins Market by Form
    • North America Antifreeze Proteins Market by End-Use
    • North America Antifreeze Proteins Market by Source
    • US Antifreeze Proteins Market All-Up
    • Canada Antifreeze Proteins Market All-Up
  • Europe Antifreeze Proteins Market (Option 2: As a part of the free 25% customization)
    • Europe Antifreeze Proteins Market by Type
    • Europe Antifreeze Proteins Market by Form
    • Europe Antifreeze Proteins Market by End-Use
    • Europe Antifreeze Proteins Market by Source
    • UK Antifreeze Proteins Market All-Up
    • Germany Antifreeze Proteins Market All-Up
    • France Antifreeze Proteins Market All-Up
    • Spain Antifreeze Proteins Market All-Up
    • Rest of Europe Antifreeze Proteins Market All-Up
  • Asia-Pacific Antifreeze Proteins Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Antifreeze Proteins Market by Type
    • Asia-Pacific Antifreeze Proteins Market by Form
    • Asia-Pacific Antifreeze Proteins Market by End-Use
    • Asia-Pacific Antifreeze Proteins Market by Source
    • China Antifreeze Proteins Market All-Up
    • India Antifreeze Proteins Market All-Up
    • Japan Antifreeze Proteins Market All-Up
    • Rest of APAC Antifreeze Proteins Market All-Up
  • RoW Antifreeze Proteins Market (Option 4: As a part of the free 25% customization)
    • RoW Antifreeze Proteins Market by Type
    • RoW Antifreeze Proteins Market by Form
    • RoW Antifreeze Proteins Market by End-Use
    • RoW Antifreeze Proteins Market by Source
    • Brazil Antifreeze Proteins Market All-Up
    • South Africa Antifreeze Proteins Market All-Up
    • Saudi Arabia Antifreeze Proteins Market All-Up
    • UAE Antifreeze Proteins Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Antifreeze Proteins Market All-Up

Major Players Operating in the Antifreeze Proteins (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • NICHIREI CORPORATION
  • A/F Protein Inc.
  • KANEKA CORPORATION
  • Unilever
  • Sirona Biochem.
  • ProtoKinetix, Inc.
  • kodera herb garden co., ltd.
  • AquaBounty Technologies Inc.
  • Shanghai Yu Tao Industrial Co. Ltd.
  • Rishon Biochem Co. Ltd.