About Antifreeze Proteins
Antifreeze proteins helps in the prevention of formation of ice crystals that damage cells which are obtained from specific plants, fish, insects, bacteria, and fungi. These proteins are also recognized as ice structuring proteins and are type of polypeptides. Antifreeze proteins allows survival of the required food items in extremely cold environments. Antifreeze proteins are used in the frozen food and beverages industry to prevent food damage. Demand for antifreeze proteins has been continuously increasing in healthcare sector owing to its multiple possible application for organ transplant, hypothermic platelet preservation, cryosurgery & the newfound applications in the cosmetic industry. Extraction of an antifreeze protein from fish is a complex process & involves huge R&D investments.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market players are adopting many strategies so as to attract the audience and to gain highest market share, these strategies can be listed as maintaining product uniqueness, offering attractive discounts, mergers with related organizations, alliances with different companies to increase sales area globally and others. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Antifreeze Proteins market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Unilever (Netherlands), Kaneka Corp. (Japan), Sirona Biochem (Canada), Aqua Bounty Technologies (United States), ProtoKinetix (United States), Fuzhou Hedao Trade Co., Ltd. (China), Shenzhen Nice Beauty Equipment Co., Ltd. (China) and INDO GULF COMPANY (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Beijing Huacheng Jinke Technology Co., Ltd. (China), Shanghai Yu Tao Industrial Co., Ltd. (China) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Antifreeze Proteins market by Type (Type I, Type II, Antifreeze Glycoprotein and Others (Type II and Type IV AFPs)), Application (Medical, Cosmetics, Food and Others) and Region.
On the basis of geography, the market of Antifreeze Proteins has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Source, the sub-segment i.e. Fish will boost the Antifreeze Proteins market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High investments by key players to Strengthen Demand, Tough competition for new entrant and Antifreeze proteins applications is less in food industry
Market Growth Drivers:
Increasing applicability in cosmetic industry, Growing applicability owing to associated benefits and Increment in fish farming in cooler regions
Challenges:
Adverse effects of vegan trends on antifreeze proteins from animal sources.
Restraints:
High Cost and Extra investment is required for Production and also in R&D sector
Opportunities:
Increasing use of antifreeze proteins as effective Chemical in medical surgery and Emerging Markets due to rising disposable income
In December 2021, Kaneka Corporation launched a series of type I antifreeze proteins for different food applications like noodles and rice.
Key Target Audience
Manufacturer, Raw material supplier, Distributors/Traders/Wholesalers, Industry Association, Downstream Vendors, Governments and investment communities and Research organizations and associations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.