Global Antifreeze Proteins Market to reach USD 16.27 million by 2025.
Global Antifreeze Proteins Market valued approximately USD 1.44 million in 2016 is forecasted to grow with a healthy growth rate of more than 30.92% over the forecast period 2018-2025. 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.
Global Antifreeze Proteins Market is segmented based on Type, Source, Formulation, and End-Use. The Medical subsegment of Mode of End-Use segment is forecasted to grow with highest CAGR as well as dominate in terms of market share.
The regional analysis of Global Antifreeze Proteins Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world due to the presence of numerous national research institutes. Moreover, owing to escalating amount invested in R&D, government funding for proteomics and life sciences research, and rising awareness, North America region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Type I
- Type III
- Antifreeze Glycoprotein
- North America
- Asia Pacific
- Latin America
- Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
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.
Target Audience of the Antifreeze Proteins Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers