Antifreeze Proteins Market Analysis
Antifreeze proteins are equipped for binding to ice by the peculiarity of adsorption and stopping the development of ice precious stones. This special property of antifreeze proteins finds its utilization in a variety of applications, for example, in the food and drink industry, medical industry, cosmetics industry, agricultural industry, and others. In the food and refreshment industry, antifreeze proteins are utilized to forestall freezing-thawing harm to food products, for example, cake, improve the surface of ice cream, and help in maintaining the period of usability of frozen fish, meat, and flour mixture. In the medical industry, antifreeze proteins are utilized in cryosurgery methodology, cell cryopreservation, and as anti-infective specialists used to cover medical devices like a catheter.
Impact of the Coronavirus (COVID-19) Pandemic
Coronavirus (COVID-19) flare-up was first reported on December 31, 2019, in Wuhan, China. The World Health Organization proclaimed COVID-19, a pandemic on March 11, 2020. For instance, according to the WHO, more than 172 million cases and 3.7 million deaths due to coronavirus (COVID-19) were accounted for till June 06, 2021, across the globe.
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The coronavirus pandemic and lockdown measures in various nations across the globe have adversely impacted the the global economy. The COVID-19 pandemic has negatively impacted the entire inventory network of the pharmaceutical industry, food and drink industry, cosmetics industry, and others mainly because of strict lockdown in a few regions. Nonetheless, the demand for antifreeze proteins is increasing in this COVID-19 pandemic because of a growing need for the advancement of new vaccine candidates for the treatment of coronavirus cases. For instance, Business Standard Report published in 2020 states that there is an increased strain on the state-run administrations from one side of the planet to the other to guarantee legitimate capacity and transport facilities for the distribution of recently endorsed COVID-19 vaccines. For instance, according to the Centers for Disease Control and Prevention (CDC), the Pfizer vaccine should be put away at an exceptionally low temperature of about – 70 degrees Celsius. Antifreeze proteins are utilized to maintain the underlying stability of vaccines put away under freezing temperature conditions.
Along these lines, the impact of the coronavirus (COVID-19) pandemic is supposed to help the development of the global antifreeze proteins market during the figure period, owing to the increased demand for antifreeze proteins for the capacity of COVID-19 vaccines.
The increasing product dispatches and endorsements are the central point that is supposed to drive the market development over the figure period
For instance, in May 2021, AquaBounty Technologies, a U.S. biotechnology organization sent off genetically engineered salmon, which is the first of its kind on the planet and likewise the main one to be right now available for commercial reap. This recently evolved genetic modification innovation will empower the organization to deliver 70% more salmon than the traditional strategies for spawning and breeding. A lift in product dispatches in the field of frozen fish is supposed to help the antifreeze protein market as these proteins are widely utilized as a preservative for the capacity of frozen fish.
Besides, increasing market strategies by central participants like partnerships, acquisitions, and collaborations, are supposed to augment the growth of the global antifreeze proteins market. For instance, Sirona in September 2020, signed a partnership concurrence with WuXi Apptec, a biopharmaceutical organization situated in Shanghai, for scaling up the production of TFC-1067, an original skincare product for dim spot expulsion. Skincare products require the utilization of antifreeze proteins to maintain the stability and surface of the cosmetic product, along these lines development in the cosmetics industry is supposed to fuel the market development of antifreeze proteins.
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Restraints
In any case, the development of the global antifreeze proteins market is supposed to be hampered because of the high extraction cost of these proteins and the risk of sensitivity associated with the utilization of antifreeze proteins. For instance, according to the Journal of the American Chemical Society in July 2017, a review led by the University of Warwick, U.K uncovered that antifreeze proteins might cause an inflammatory reaction in certain individuals.
Regional Analysis
Based on regions, the global antifreeze proteins market is divided into North America, Europe, Latin America, Middle East, Africa, and Asia Pacific,
Among regions, North America is supposed to stand firm on a dominant foothold in the global antifreeze proteins market over the gauge period, owing to enormous consumption and growing demand for frozen food. For instance, according to information provided by the American Frozen Food Institute, in 2018, the U.S. frozen food industry increased by 2.6% from 2017 to arrive at US$ 57 billion. Antifreeze proteins are utilized in the preservation of food in a frozen state, accordingly rising consumption of frozen food is supposed to fuel the market development of antifreeze proteins in the North American region over the figure period.
Competitive Landscape
Key players operating in the global antifreeze proteins market include MyBiosource, Inc., Shanghai Yu Tao Industrial Co., Ltd., ProtoKinetix, Inc., Kodera Herb Garden Co., A/F Protein Inc., Nichirei Corporation, Unilever Plc., Sirona Biochem Corp., Aqua Bounty Technologies, Inc., Rishon Biochem Co., Ltd, and Kaneka Corporation.
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Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Form
- Market Snippet, By Source
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Porterโs Analysis
- Industry Trends
- Pipeline Analysis
- Key Highlights
- Antifreeze Proteins Pricing List
- Regulatory Scenario
- Global Supply Chain Analysis
- Market Dynamics
- Global Antifreeze Proteins Market – Impact of Coronavirus (Covid-19) Pandemic
- COVID-19 Epidemiology
- Impact of COVID-19 on Demand and Supply of Antifreeze Proteins
- Impact of Covid-19 on the Antifreeze Proteins Market
- Global Antifreeze Proteins Market, By Product Type, 2017-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Type I
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Type III
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Antifreeze Glycoproteins
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Introduction
- Global Antifreeze Proteins Market, By Form, 2017-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Solid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Liquid
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Introduction
- Global Antifreeze Proteins Market, By Source, 2017-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Fish
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Recombinant
- Bacteria
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Fungi
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Plant
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Animals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Bacteria
- Introduction
- Global Antifreeze Proteins Market, By End User, 2017-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2018 – 2028
- Segment Trends
- Medical Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Food & Beverages Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Cosmetics Industry
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Million)
- Introduction
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