Antifreeze Protein Market Set to Attain $85.8 Million by 2030

Meticulous Research®, a leading global market research company, proudly announces the release of its extensive report, "Antifreeze Protein Market by Type (Type I, Type III, Antifreeze Glycoprotein, and Other), Form (Solid, Liquid), Source (Fish, Insects, Plants, Microorganisms), Application (Medical, Cosmetics, Food & Beverages, and Other) – Global Forecast to 2030."
Download the Free Sample Report:
According to the latest insights from Meticulous Research®, the antifreeze protein market is on track to reach $85.8 million by 2030, boasting a notable Compound Annual Growth Rate (CAGR) of 33.4% from 2023 to 2030. This robust growth is driven by increasing consumer demand for frozen food, expanding medical applications, and heightened awareness of antifreeze protein benefits. However, high research and development (R&D) costs and production expenses are expected to pose challenges to market growth.
Market Segmentation Insights
Type Insights:
• The Type I segment is forecasted to lead the market in 2023, supported by the increasing availability of fish protein, its versatility in various applications, and successful R&D initiatives.
Form Insights:
• Solid form is projected to dominate the market share in 2023 due to its ease of storage, extensive use in frozen food, and broad availability.
Source Insights:
• The insect-derived antifreeze protein segment is expected to experience the highest CAGR during the forecast period, driven by the demand for eco-friendly, protein-rich food options and increased investments in edible insect cultivation.