Antifreeze Proteins Market - Trends Forecast Till 2028

Market Overview

The Global Antifreeze Proteins market is anticipated to reach USD 4.3 billion in 2021 growing at a CAGR of 36.8% during the forecasting period, 2021-2028.

Antifreeze protein is a class of protein produced by certain bacteria, fungi, animals, and plants which help them to survive at a temperature lower than normal. The mechanism of action absorption-inhibition action. It binds to small ice crystals and inhibits the regrowth of ice. This mode of action helps these organisms to survive in unfavorable environmental conditions. Recent efforts have been put forward to use these proteins to increase tolerance of crop plants, advancements in cryosurgery, therapy for hypothermia, increasing the shelf life of frozen foods.

Increased awareness about antifreeze protein along with an enhanced use in fish farming in colder climatic conditions is one of the factors that have supported long-term expansion for the Antifreeze Proteins industry.

Key Findings

The global Antifreeze Proteins market is segmented into Type, Form, End-use, Source, and geography.

The type segment is segmented into Type I, Type III, and Antifreeze glycoproteins

Form segment is segmented into Solid, and Liquid

The end-User segment is segmented into Medical, Food, and Cosmetics

Source segment is segmented into Fish, Plants, and Insects

Geographically, the global Antifreeze Proteins market is sub-segmented into North America, Europe, Asia-Pacific, Middle East, and Africa, and South America and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in the global Antifreeze Proteins market are Nichirei Corporation. (Japan), Kaneka Corporation (Japan), A/F Protein Inc. (US), Sirona Biochem (Canada), Unilever (Netherlands), ProtoKinetix, Inc. (the US), Shanghai Yu Tao Industrial Co., Ltd. (China), Kodera Herb Garden Co., Ltd (Japan), and Beijing Huacheng Jinke Technology Co., Ltd. (China) among others.

Reasons to Acquire

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Report Scope