The Antifreeze Proteins (AFP) Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2019-2025. The Antifreeze Proteins (AFP) market report is a valuable source of data for business strategists. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; cost, revenue, demands and supply data (as applicable). Report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries. This Antifreeze Proteins (AFP) Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Top Companies in the Global Antifreeze Proteins (AFP) Market
Unilever (Netherlands), Kaneka Corp. (Japan), Sirona Biochem (Canada), Aqua Bounty Technologies (US), and ProtoKinetix (US), among others.
According to this study, over the next five years the Antifreeze Proteins (AFP) market will register a 5.2% CAGR in terms of revenue, the global market size will reach $ 13 million by 2025, from $ 11 million in 2019.
Antifreeze proteins are found in a wide range of organisms, including bacteria, fungi, plants, invertebrates, and fish. Multiple forms of antifreeze proteins are synthesized within each organism. Therefore, it is possible to select a single protein with appropriate characteristics and a suitable level of activity for a specific food product. Antifreeze proteins improve the quality of frozen food products such as ice creams that are consumed in the frozen state by inhibiting recrystallization and maintaining a smooth texture.
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Market consolidation limits free entry for new players
The antifreeze proteins market is highly consolidated with few players acquiring a share of over 90%. This includes companies such as Aqua Bounty Technologies, Inc. (US) and Unilever (Netherlands) which have successfully commercialized these products with several other companies having a strong R&D setup. Due to the strong market presence of these players, start-ups face difficulties in expanding their operations in this market space. Hence, it limits market competitiveness; thus, restricting innovation in the market.
The rise in living standards and changes in lifestyles in developing countries contribute to the rise in demand for convenience foods, cosmetics, and vaccinations which indirectly impact the antifreeze proteins market. Emerging markets such as Brazil, Russia, India, and China are expected to offer significant opportunities for the growth of the market. This can majorly be attributed to the increasing R&D funding for pharma & biotech research in these countries. For instance, R&D investments in Asia increased by 7% from 2009 to 2014, in the same period, the R&D investments in China increased by 8%
The Antifreeze Proteins (AFP) market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Antifreeze Proteins (AFP) Market on the basis of Types are
Fish AFPs, Plant AFPs, Insect AFPs, Sea Ice Organisms AFPs, Other
On The basis Of Application, the Global Antifreeze Proteins (AFP) Market is Segmented into
Medicine, Food, Other
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Regions Are covered By Antifreeze Proteins (AFP) Market Report 2020 To 2025.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada and Mexico).
Europe (Germany, France, UK, Russia and Italy).
Asia-Pacific (China, Japan, Korea, India and Southeast Asia).
Significant Features that are under Offering and Key Highlights of the Reports
-Detailed overview of Antifreeze Proteins (AFP) Market
-Changing Antifreeze Proteins (AFP) market dynamics of the industry
-In-depth market segmentation by Type, Application etc.
-Historical, current and projected Antifreeze Proteins (AFP) market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Antifreeze Proteins (AFP) Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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