Global Antifreeze Proteins Market Segmentation by Type (Type I, Type II, Antifreeze Glycoprotein and Others (Type II and Type IV AFPs)), by formulation (Solid and Liquid), by End Use (Medical, Cosmetics, Food and Others (Agriculture, material science, petroleum, climate control, and artificial snow production) by Source(Fish, Plant, Insects and Others (Diatoms, fungi, and bacteria), by Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
Anti-freezing Proteins or ice structuring proteins is a type of polypeptides. It is produced from bacteria, fungi, fish and insects. The anti-freezing technology allows its survival in extremely cold environments. Major applications are in beverages industry for preventing food damages and in frozen food applications. The antifreeze proteins improve the quality of the food products. Besides, it also adds texture, flavours and aroma to the food products or food items for various dishes driving the growth of the antifreeze protein market.
Factors such as urbanisation, changing lifestyle, customer preference for natural food ingredients and increased demand for convenience foods drive the antifreeze protein market in the European market. Key manufacturers are more focused on researching and designing activities to broaden their present product range.
Global Antifreeze Proteins Market is segmented by type, by formulation, by end-use, by source and by region. The regional analysis of worldwide antifreeze protein market is segregated across North America, Europe, Asia Pacific, Middle East and Africa, and South America. Currently, Europe followed by North America held the highest market share in 2019 and is expected to keep its dominance over the forecast period. Europe has market share of approx. 34% in the Antifreeze Proteins market as manufacturers are taking keen interest towards ready-to-eat products and consumer awareness for dietary supplements. The regulation laid down by the government and subsidiaries provided on fresh meat raw material products are the major drivers for antifreeze protein market in Europe. Besides, manufacturers of antifreeze proteins are continuously innovating and developing new products to fulfil the consumer demand. North America is expected to witness a promising growth with a market share of xx.30% over the forecast period thanks to the rising demand for various applications in cosmetic, medical and food & beverages industry. E-commerce platform provided by various manufacturers are also boosting the demand for bio based organic acid market in the Asia Pacific.
Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Some of the major market players covered in this report are Unilever (Netherlands), Kaneka Corp. (Japan), Sirona Biochem (Canada), Aqua Bounty Technologies (US), and ProtoKinetix (US) among others. These key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Antifreeze Proteins Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Antifreeze Proteins Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Antifreeze Proteins Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Antifreeze Proteins Market.”
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