Report ID: SQMIG30H2093
Antifreeze Proteins Market Size, Share, Growth Analysis, By Form(Solid and Liquid), By Type(Type I, Type III, Antifreeze Glycoprotein), By End-use(Medical, Food, Cosmetics, and Others), By Source(Fish and Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG30H2093 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
114 |
Figures:
77
Antifreeze Proteins Market Regional Insights
Asia Pacific dominated the global antifreeze protein market in 2021, with a revenue share of over 35.0%. This is accountable to the prevalence of marine capture and aquaculture production in the region. Rising demand for antifreeze proteins from the pharmaceutical and cosmetic industries is driving the sector's expansion. Due to the widespread usage of antifreeze proteins in the manufacturing of vaccines, the presence of leading international vaccine companies in this region is further fostering market expansion. Consuming products that have been smoked with sashimi is a recent trend in China that is propelling market growth.
North America is expected to register the highest CAGR, at 28.5%, during the forecast period. This can be ascribed to the rising demand for goods produced in the region by the food and cosmetics sectors. Antifreeze protein development and production have greatly risen in this region as well. The American fishery agency also boosted the salmon fish catchers' ability to preserve their catch and invest on the same. It is predicted that this kind of activity will hasten market expansion during the forecast period.
Antifreeze Proteins Market Report Snapshots
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