Antifreeze Proteins Market

Antifreeze Proteins Market – Overview

The global antifreeze proteins market is anticipated to expand at a favorable rate from 2021 to 2031 (forecast period). Since people nowadays lead hectic lives and work long and stressful hours, they have less time to enjoy the freshest foods; hence frozen foods have grown in popularity. Water is a crucial component of all food items. When the temperature dips below zero, the water freezes and forms ice crystals.

This is a serious issue with frozen food items since the ice crystals damage the texture of the food items. This is becoming a huge concern for both makers and sellers of frozen food items. Antifreeze proteins are a type of polypeptide generated by animals, plants, fungi, and bacteria to help them live in subzero temperatures.

The antifreeze proteins market is expected to grow due to their increasing use in frozen food products around the world. They also enable the cold storage of fresh food for trade, ensuring food quality until the food reaches the end customers, and as a result, their use is likely to grow. Moreover, the expanding demand for antifreeze proteins and the growing range of applications from multiple areas are expected to generate lucrative opportunities for market participants in the global antifreeze proteins market.

Antifreeze Proteins Market – Competitive Landscape

Key players in the global antifreeze proteins market include A/F Protein Inc. (US), Nichirei Corporation. (Japan), Sirona Biochem (Canada), Kaneka Corporation (Japan), Kodera Herb Garden Co., Ltd (Japan), ProtoKinetix, Inc. (US), Unilever (Netherlands), and Shanghai Yu Tao Industrial Co., Ltd. (China).

Market participants are focused on new launches, which is projected to boost their place in the worldwide antifreeze proteins market. Unilever, for example, introduced over 25 new products in January 2021, spanning from packaged ice cream to frozen treats.

Moreover, market participants are using various market tactics, such as forming partnerships, to accelerate their expansion. For example, Sirona Biochem struck a deal with a pharmaceutical company in October 2020 to perform clinical studies for TFC-1067, a revolutionary skincare product developed by Sirona Biochem. The purpose of this clinical trial was to determine the ability of TFC-1067 to diminish black patches on the skin. Antifreeze proteins are utilized in skin creams and oils to stabilize skincare products. Therefore, innovations in the cosmetic industry are projected to drive the global antifreeze proteins market.

Antifreeze Proteins Market – Trends and Opportunities

Antifreeze proteins are commonly used in the cosmetics, healthcare, and food industries. Antifreeze proteins create uniform texture in goods such as frozen fish and meat, ice cream, and frozen dough in the food industry. They are also utilized in the fruit & vegetable, dairy, and confectionery industries. As a result, the food industry's demand for antifreeze protein is expected to rise.

Moreover, antifreeze proteins hold great potential in the medical field. Antifreeze proteins are utilized in a variety of medical procedures, including organ transplantation and cryosurgery. Antifreeze proteins preserve organs for a longer duration without damaging them. Antifreeze proteins are used in blood banks to store blood platelets in a frozen state for a longer time, lowering maintenance costs dramatically. They are also utilized to store tissue and cells for skin transplant surgery and vaccine storage.

Due to the numerous applications and rising demand from various sectors, the antifreeze proteins market is projected to rise throughout the forecast period.

Antifreeze Proteins Market – Regional Landscape

North America is projected to witness growth in the antifreeze proteins market. North America has various national research institutes that assist biotechnology and life sciences research, which is expected to help the market flourish by identifying potential areas of application.

The antifreeze proteins market in the Asia Pacific is expected to expand due to growing awareness and government financing for proteomics and life sciences research and increased research and development investments in the region.