The global antifreeze proteins market size is expected to reach USD 56.06 million by 2029 according to a new study by Polaris Market Research. The report “Antifreeze Proteins Market Share, Size, Trends, Industry Analysis Report, By Form (Solid, Liquid); Source (Plants, Fish, Insects, Others); By End-Use (Food & Beverage, Pharmaceutical & Medical, Cosmetics, Others); By Region; Segment Forecast, 2022 – 2029” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Antifreeze proteins are being widely used in several end-use industries, including healthcare, food, skincare, and others, to protect substances from freezing. Antifreeze protein is used in the food sector to enhance food products’ quality and maintain texture by preventing crystallization during freezing and storage.
The use of these products in cosmetic goods, particularly skincare with significant fat content, to prevent the material from deteriorating is driving up product demand. Additionally, busy schedules and sedentary lifestyles of professional individuals are driving up consumption of frozen products worldwide.
Growing need from the healthcare sector, strengthening the pharmaceutical industry during the pandemic, and technological advancements would offer growth opportunities for the market. These AFPs are increasingly being used in vaccinations, cryosurgery, and organ transplants which in turn is creating growth opportunities for the AFPs market.
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Antifreeze proteins are utilized to retain tissue or cells for skin transplantation operations as well as vaccine preservation. Furthermore, these are utilized to keep organs avoiding damages for a continuous amount of time. In addition, these proteins are employed in blood banks to keep blood platelets for an extended period in freezing conditions that have lowered the administration costs dramatically. Thus, these applications in the healthcare industry will boost the demand for AFPs during the forecast period.
Sirona Biochem, a cosmetic ingredient, and drug discovery company announced the first commercial product launch of the company’s proprietary ingredient, TFC-1067. TFC-1067 will come up as the active ingredient in New Rodan + Fields reverse targeted dark spot corrector to focus on minimizing the look of stubborn dark marks and the discoloration for a better, brighter, and even-looking skin tone.
Polaris Market Research has segmented the antifreeze protein market report on the basis of form, source, end-use, and region:
Antifreeze Protein, Form Outlook (Revenue, USD Million, 2017 – 2029)
Antifreeze Protein, Source Outlook (Revenue, USD Million, 2017 – 2029)
Antifreeze Protein, End-Use Outlook (Revenue, USD Million, 2017 – 2029)
- Food & Beverage
- Pharmaceutical & Medical
Antifreeze Protein, Regional Outlook (Revenue, USD Million, 2017 – 2029)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa