Antifreeze Proteins Market: Size, Share, Trends, Revenue, Research Report

Antifreeze Protein Market Size, Share & Analysis Report, 2028

[199 Pages Report] The global antifreeze proteins market is estimated to be valued at USD 10 million in 2023 and it is projected to reach USD 50 million in 2028, growing at a CAGR of 37.2%. The factors driving the growth are the increasing demand for skin products, frozen foods, medicinal products, and the shift in focus of health-conscious consumers, and rising awareness of food nutrition supports the adoption of antifreeze proteins. The antifreeze protein market is driven by their rising usage in frozen food products globally. They also facilitate the cold storage of fresh food for trade which ensures the maintenance of food quality till the food reaches the end users thus their usage is growing.

The expanding business has offered lucrative business opportunities to the players who are operating in the market segments. For instance, Unilever expanded its R&D capability by opening with a Foods Innovation Centre on the Wageningen University campus, with an investment of USD 96.92 million in the new center. It will lead its global foods innovation program for its brands. The overall antifreeze proteins market is classified as a consolidates market, with the top 5 key players namely Nichirei Corporation (Japan), A/F Protein Inc. (US), Kaneka Corporation (Japan), Unilever (Netherlands), Sirona Biochem (Canada), occupying >50% of the market share.