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Antifreeze Proteins Market Latest Trends, Demands, Overview

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MarketsandMarkets™
Antifreeze Proteins Market Latest Trends, Demands, Overview

The antifreeze proteins market is expected to grow from USD 4 million in 2020 to USD 27 million by 2026, at a CAGR of 36.3%. The increasing use of antifreeze proteins in frozen food products and the maintenance of food quality during trade are driving the market growth.


One of the drivers for the market is the rising awareness of the benefits of antifreeze proteins, which prevent the growth of ice crystals and improve texture quality. Antifreeze proteins can be introduced into various organisms through trans-genesis, which can result in high-quality food production.


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However, the high cost of production and R&D expenditure is a significant restraint for the market. Extracting antifreeze proteins from fish is a complex and costly process that involves significant R&D investments and requires expensive machines and technology. Most key players collaborate with prestigious universities and research organizations to access such tools, leading to higher extraction costs for industrial bulk productions.


The emerging markets in developing regions, such as Brazil, Russia, India, and China, provide significant growth opportunities for the market due to the rising living standards and changes in lifestyles. However, the limited commercial applications of antifreeze proteins in the food industry pose a challenge for the market, despite their use in cosmetics, healthcare, and frozen foods industries.


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The global market for antifreeze proteins is dominated by a few established players, such as Nichirei Corporation (Japan), Kaneka Corporation (Japan), A/F Protein Inc. (US), Sirona Biochem (Canada), Unilever (Netherlands), and ProtoKinetix, Inc. (US), who have adopted expansion and acquisition strategies to increase their market presence.

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