According to MarketsandMarkets, the antifreeze proteins market is projected to reach USD 50 million by 2028 from USD 10 million by 2023, at a CAGR of 37.2% during the forecast period in terms of value. Antifreeze proteins have shown a lot of potential in commercial applications and the food industry is a significant sector where antifreeze proteins can be applied. There are different types of antifreeze proteins available based on their application and usage. For instance, Type I, Type III, Antifreeze Glycoproteins, etc., are some of the types considered in the scope of the report. By using protocols of transgenesis, antifreeze proteins can be introduced in different microorganisms and plants to increase their resistance to cold. Antifreeze proteins help to prevent ice growth and recrystallization, which resolved the tissue damage problem. AFPs are required in a very small amount to perform their functional activity, which helps their use as additives for food end-use application.
Key players in this market include Nichirei Corporation (Japan), A/F Protein Inc. (US), Kaneka Corporation (Japan), Unilever (Netherlands), Sirona Biochem (Canada), 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), and MyBioSource, Inc. (US). These players have adopted various growth strategies such as partnerships, agreements, collaborations, and new product launches to increase their global market presence.
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Nichirei Corporation (Japan): Nichirei Corporation is a prominent food processing and logistics enterprise headquartered in Japan. The company’s marine segment provides antifreeze proteins. Nichirei Corporation prioritizes the development of high-quality products to ensure the extended preservation of food and preserve the original quality of the raw materials used. The company’s major segments include processed foods, marine, meat and poultry products, logistics, and biosciences. The company’s key subsidiaries include Nichirei Foods Inc. (Japan), Nichirei Fresh Inc. (Japan), Thermotraffic UK Ltd (UK), Surapon Foods Co., Ltd (Thailand), and Nichirei U.S.A, LLC. (US).
A/F Protein Inc. (US): A/F Protein Inc. is a top commercial producer of antifreeze proteins extracted from natural sources. It primarily supplies products to R&D companies and industries like food processing. The company has acquired exclusive patents for various important applications of AFPs (antifreeze proteins). Unlike other companies, it offers a wide range of industrial applications for antifreeze proteins. It is a global exporter of antifreeze proteins with regional offices in the US and a state-of-the-art research laboratory in Canada.
Unilever: Unilever is a global company that specializes in fast-moving consumer goods (FMCG). The company uses antifreeze protein for products under the food & refreshments segment, marketing it as ice-structuring proteins. Unilever's products are available in nearly 190 countries. It has six major R&D centers which focus on developing technologies that can improve the product development process. In recent times, the company has taken several measures to expand in segments such as hygiene, skincare, premium beauty, plant-based foods, and functional nutrition.
Antifreeze Proteins Market by Type (Type I, Type III, Antifreeze Glycoproteins), End-use (Medical, Cosmetics, Food), Source (Fish, Plants, Insects), Form, and Region(North America, Europe, Asia Pacific, South America, RoW) - Global Forecast to 2028
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