Antifreeze Proteins Market Worth $10.0 Million by 2023

India - English

News provided by

Aug 01, 2018, 05:30 ET

PUNE, India, August 1, 2018 /PRNewswire/ --

According to a new market research report "Antifreeze Proteins Market by Source (Fish, Plants, and Insects), End Use (Medical, Cosmetics, and Food), Type (Type I, Type III, and Antifreeze Glycoproteins), Form (Liquid and Solid), and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market is estimated at USD 2.7 million in 2018 projected to reach a value of USD 10.0 million by 2023, at a CAGR of 30.0% from 2018. The market is driven by the benefits associated with antifreeze protein in medical applications such as cryosurgery, organ transplant, and vaccinations, advancements in technology to enhance extraction of antifreeze proteins from fish in cooler climates and use of antifreeze proteins as ingredients in cosmetics and food products such as ice creams.

(Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 67 market data Tables and 30 Figures spread through 104 Pages and in-depth TOC on "Antifreeze Proteins Market"

https://www.marketsandmarkets.com/Market-Reports/antifreeze-protein-market-264931272.html

Early buyers will receive 10% customization on the report

The fish source segment is estimated to account for the largest share in the Antifreeze Proteins Market in 2018

Fish antifreeze proteins are widely preferred sources in applications such vaccinations, organ transplants, cosmetics such as antiaging creams, and food products such as ice creams and frozen desserts. These are used on a large scale in the North American region, where there is extensive production of antifreeze protein for use in medical applications.

Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=264931272

The solid form segment is estimated to account for the largest share in the antifreeze protein market in 2018

Solid antifreeze proteins, mostly in the powdered form, are use in frozen food products, cosmetics and medical applications, and offer ease of transportation and storability before use. In addition, the solid form antifreeze protein provides a longer shelf life over liquid form antifreeze protein solutions, which makes this product most preferred for frozen food applications.

The medical application segment is estimated to account for the largest share in the antifreeze protein market in 2018

The medical application segment is expected to dominate this market through the forecast period. The dominance of this segment can be attributed to increasing R&D investments from medical and biotechnology companies and ongoing research for vaccinations, organ transplant and cryosurgery. The use of antifreeze protein for medical industry helps manufacturers due to the natural source and quality of the product.

The type I segment is estimated to account for the largest share in the antifreeze protein market in 2018

The type I segment is expected to dominate the market for antifreeze protein by type. Type I AFP is most abundantly found in cold climate fish and is the most widely used type of AFPs in medical and cosmetics applications as it is easier to extract in notable quantities from fishes.

North America is estimated to dominate the antifreeze protein market in 2018

The North American region is estimated to form the largest market for antifreeze protein in 2018. North American consumers are considered to be more health-conscious and increasingly pay close attention to the products used in the food products and medicine they consume. This high level of awareness has resulted in the demand for natural products in the region. These are the major factors driving the market in the Europe region.

This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. It includes profiles of leading companies such as AF Protein (Aqua Bounty Technologies), Sirona Biochem, Unilever, Kaneka Corp. and ProtoKinetix.

Know more about the Antifreeze Proteins Market:

https://www.marketsandmarkets.com/Market-Reports/antifreeze-protein-market-264931272.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/antifreeze-protein-market.asp
Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets