Antifreeze Proteins Market: Growth Opportunities and Recent Developments

The antifreeze proteins market is estimated at USD 2.7 million in 2018, and it is projected to grow at a CAGR of 30.0% from 2018 to 2023. The market is segmented on the basis of form, source, end-use, type, and region. The forms of antifreeze protein include solid and liquid. This market has also been segmented on the basis of end-use into medical, cosmetics, and food. The types studied are Type I, Type III, and antifreeze glycoprotein. It has also been segmented on the basis of source into fish, plants, and insects. On the basis of key regions, the market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW) which includes South America and the Middle East & Africa.

Strong growth potential in anti-aging skincare products, advancements in technology to enhance fish farming in cooler climates, and the use of antifreeze proteins as effective chemical adjuvants in cryosurgery are driving the market.

Based on the source, the insects segment is estimated to be the fastest-growing market from 2018 to 2023. Insects are important sources for the extraction of antifreeze proteins used in medical applications such as cryosurgery, organ transplant, and vaccinations. The significance of using antifreeze proteins in various food products is characterized by the type of antifreeze protein they produce, their functional properties, and the numerous benefits associated with their use in commercial applications.

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On the basis of form, the solid segment is projected to be the fastest-growing from 2018 to 2023, because ease of use and storage are characteristics offered by solid antifreeze proteins, which fuels the demand for this form.

Based on end-use, the cosmetics segment is expected to be the fastest-growing during the forecast period. This growth is mainly associated with the growing demand for the use of natural ingredients in products such as anti-aging creams in the cosmetics industry.

The North American region is expected to be the fastest-growing market for antifreeze protein between 2018 and 2023. Factors such as the demand for antifreeze proteins in medical, cosmetics, and food applications, coupled with advancements in the technology used for antifreeze protein extraction are changing rapidly in the North American region.

Demand for custom-made solutions to suit new applications drives manufacturers to invest more in R&D innovation, which serves as an opportunity for the antifreeze proteins market. Companies have increased their investment in research & development to modify the formulation of existing products and meet the changing customer requirements, particularly in the cosmetics and vaccination industries.

Market Drivers:

Benefits associated with antifreeze proteins

Antifreeze proteins are found in a wide range of organisms, including bacteria, fungi, plants, invertebrates, and fish. Multiple forms of antifreeze proteins are synthesized within each organism. Therefore, it is possible to select a single protein with appropriate characteristics and a suitable level of activity for a specific food product. Antifreeze proteins improve the quality of frozen food products such as ice creams that are consumed in the frozen state by inhibiting recrystallization and maintaining a smooth texture.

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Advancements in technology to enhance fish farming in cooler climates

Exposure to low temperatures stimulates synthesis of antifreeze proteins in large amounts. Hence, though present even in cool waters of moderate climatic zones, the amount of antifreeze proteins generated in fish here is lower than fish in cooler climates.

R&D in TU/e University (Netherlands) for extraction of antifreeze proteins from polar fish such as Antarctic fish, snow scorpionflies, and other cold climate fishes has revealed significant differences in the types of protein extracted. The study by TU/e indicates the difficulties in determining how “active” a protein is – an important consideration in its suitability for commercial applications.

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