Global Antifreeze Proteins Market was valued at USD 4.21 million in 2021 and is expected to reach USD 24.36 million by the year 2028, at a CAGR of 28.50%.
Global Antifreeze Proteins Market to reach USD 24.36 million by 2025.
Global Antifreeze Proteins Market valued approximately USD 4.21 million in 2021 is forecasted to grow with a healthy growth rate of more than 28.50% over the forecast period 2022-2028. The major factors speculated to augment the markets are improvements in technology to augment fish farming in cooler climates, and benefits associated with antifreeze proteins. evolving markets, and growing investments in research & development and novelties to strengthen requirement are key areas for the global market that are likely to explored as opportunities. Antifreeze Proteins (AFPs) denote a class of polypeptides produced by certain vertebrates, fungi, plants, and bacteria which permit their survival in subzero environments. AFPs bind to small ice crystals to hinder growth and recrystallization of ice that might be terminal.
Players Covered in Antifreeze Proteins Market :
Nichirei Corporation. (Japan), Kaneka Corporation (Japan), A/F Protein Inc. (US), Sirona Biochem (Canada), Unilever (Netherlands), ProtoKinetix Inc. (US), Shanghai Yu Tao Industrial Co.Ltd. (China), Kodera Herb Garden Co.Ltd (Japan), Beijing Huacheng Jinke Technology Co.Ltd. (China) and Others major players.
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Market Segmentation:
By Type
· Type I
· Type III
· Antifreeze Glycoproteins
By Source
· Fish
· Plants
· Insects
By Application
· Medical
· Cosmetics
· Food
Antifreeze Proteins Market Regional Analysis/Insights:
• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western
Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)
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Furthermore, years considered for the study are as follows:
Historical year – 2016 to 2020
Base year – 2021
Forecast period – 2022 to 2028
The industry is seeming to be fairly competitive. Some of the leading market players Aqua Bounty Technologies, Inc., Shenzhen Nice Beauty Equipment Co., Unilever, Kaneka Corporation, Sirona Biochem, Global Fresh Biotech., Afprotein, Beijing Globalipl Development Co., Protokinetix Inc., Rishon Biochem, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
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