Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 24.16 Million | USD 96.88 Million | 14.9% | 2024 |
The global antifreeze proteins market size was worth around USD 24.16 Million in 2024 and is predicted to grow to around USD 96.88 Million by 2034 with a compound annual growth rate (CAGR) of roughly 14.9% between 2025 and 2034. The report analyzes the global antifreeze proteins market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the antifreeze proteins industry.
Antifreeze proteins also referred to as ice-structuring proteins are a class of polypeptides that are produced by certain animals, fungi, bacteria, and plants. These polypeptides help these organisms in surviving in temperatures below the freezing water point. Reportedly, the antifreeze proteins bind to small ice crystals and help in inhibiting the proliferation and recrystallization of ice. For the record, antifreeze proteins interact with the cell membranes of mammals for protecting them from damage due to cold.
Growing knowledge about advantages offered by the product to drive the global market trends
The rise in the use of antifreeze proteins in frozen foods for retaining fresh food quality during transport & storage will embellish the expansion of the antifreeze proteins market across the globe. A surge in awareness pertaining to the benefits offered by antifreeze proteins will enhance the global market demand. Furthermore, the rise in the utility of antifreeze proteins in organ transplants, vaccinations, and cryosurgery will propel product demand in the upcoming years. The rise in chronic disorders owing to changing lifestyles has translated into a huge need for therapeutic therapy, thereby driving the global market growth trends.
Moreover, new research & development activities in the molecular biology domain have increased the application of antifreeze proteins in a slew of medical procedures, thereby enlarging the scope of the growth of the antifreeze proteins market across the globe. Large-scale product penetration across the pharmaceutical sector will expedite the size of the global market. An increase in the requirement for healthy food & beverages comprising protein ingredients will scale up the global market expansion.
High manufacturing costs to impede the industry expansion across the globe over coming years
Huge production costs incurred by the firms during the production of antifreeze proteins will create hurdles in the growth of the antifreeze proteins industry across the globe. Furthermore, a rise in research & development costs will further put brakes on global industry expansion.
Rising product demand in the developing nations of Latin America and the Asia-Pacific to open new growth avenues for the global market
A surge in the standard of living and altering lifestyles in emerging economies will open new opportunities for growth for the global antifreeze proteins market. Furthermore, growing product penetration in emerging economies such as Brazil, China, and India will open new facets of growth for the global market.
Low usage of antifreeze proteins in various drinks & diet to pose a huge challenge to the global industry expansion
Restricted use of antifreeze proteins in various food & beverage applications can prove to be the highest challenge for the growth of the antifreeze industry across the globe.
The global antifreeze proteins market is segmented based on type, form, end use, source, and region.
On the basis of type, the antifreeze proteins industry across the globe is divided into type I, antifreeze glycoproteins, type III, and others. Furthermore, the type I segment is predicted to register the fastest CAGR over 2023-2030. The growth of the segment over the forecast timespan can be a result of its huge portion found in fish thriving in cold temperatures & yeasts along with its use in medical & cosmetic products.
In terms of form, the global antifreeze proteins market is divided into solid and liquid segments. Furthermore, the solid segment, which dominated the form segment in 2022, is slated to lead the segmental surge over the assessment period. The segmental growth during the anticipated timeline can be due to the easy handling of solid antifreeze proteins along with its prominent applications in cosmetics & healthcare products. Furthermore, a solid form of antifreeze proteins can be stored in frozen meat, skin-whitening creams, and ice creams.
Based on the end-use, the global antifreeze proteins industry is bifurcated into medical, food, cosmetics, and others. Furthermore, the medical segment, which contributed a major share of the global industry in 2022, is predicted to dominate the end-use segment during the projected timespan. Additionally, the growth of the segment over the forecasting timeline can be due to the high effectiveness of the product against fungi, protozoa, bacteria, and viruses found on the human body & skin. Furthermore, antifreeze proteins can also reduce infections occurring on the skin and the human body.
In terms of source, the global antifreeze proteins market is sectored into fish, insects, plants, and others. Moreover, the insects segment is predicted to register the highest CAGR during the assessment period subject to the large-scale proportion of antifreeze proteins found in insects in comparison to fish and plants.
Report Attributes | Report Details |
---|---|
Report Name | Antifreeze Proteins Market |
Market Size in 2024 | USD 24.16 Million |
Market Forecast in 2034 | USD 96.88 Million |
Growth Rate | CAGR of 14.9% |
Number of Pages | 210 |
Key Companies Covered | Nichirei Corporation. (Japan), Kaneka Corporation (Japan), A/F Protein Inc. (US), Sirona Biochem (Canada), Unilever (Netherlands), ProtoKinetix, Inc. (US), Shanghai Yu Tao Industrial Co., Ltd. (China), Kodera Herb Garden Co., Ltd (Japan), Beijing Huacheng Jinke Technology Co., Ltd. (China), Rishon Biochem Co., Ltd (China), MyBiosource, Inc. (US), and others. |
Segments Covered | By Type, By Form, By End use, By Source, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2023 |
Forecast Year | 2025 - 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America to make significant contributions toward the global antifreeze proteins market share during 2023-2030
The North American sub-continent, which accounted for a major share of the global antifreeze proteins market in 2022, will retain its regional market domination in the upcoming years. The growth of the antifreeze proteins market in the Asia-Pacific region during the projected period can be owing to the presence of giant industry players in the countries such as Canada and the U.S. Apart from this, thriving healthcare, food, and cosmetics sectors in the region will accelerate the antifreeze proteins market expansion in the North American region.
Furthermore, the Asia-Pacific antifreeze proteins industry is anticipated to register the fastest CAGR over the projected timeframe. The regional market surge during 2023-2030 can be subject to the large-scale presence of world-leading vaccine producers in countries such as China and India. A strong consumer base found in the region will further contribute to the regional industry surge.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the antifreeze proteins market on a global and regional basis.
The global antifreeze proteins market is dominated by players like:
By Type
By Form
By End-Use
By Source
FrequentlyAsked Questions
Antifreeze proteins also referred to as ice-structuring proteins are a class of polypeptides that are produced by certain animals, fungi, bacteria, and plants.
The global antifreeze proteins market is expected to grow due to increasing demand for enhanced cryopreservation in pharmaceuticals and biotechnology , rising consumer preference for natural and clean-label ingredients in frozen foods and cosmetics, and growing applications in agriculture to improve crop and aquacultur.
According to a study, the global antifreeze proteins market size was worth around USD 24.16 Million in 2024 and is expected to reach USD 96.88 Million by 2034.
The global antifreeze proteins market is expected to grow at a CAGR of 14.9% during the forecast period.
North America is expected to dominate the antifreeze proteins market over the forecast period.
Leading players in the global antifreeze proteins market include Nichirei Corporation. (Japan), Kaneka Corporation (Japan), A/F Protein Inc. (US), Sirona Biochem (Canada), Unilever (Netherlands), ProtoKinetix, Inc. (US), Shanghai Yu Tao Industrial Co., Ltd. (China), Kodera Herb Garden Co., Ltd (Japan), Beijing Huacheng Jinke Technology Co., Ltd. (China), Rishon Biochem Co., Ltd (China), MyBiosource, Inc. (US), among others.
The report explores crucial aspects of the antifreeze proteins market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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