Global ACF Supplements Market Size study, By Form (Dry, Liquid), By End User (Pharmaceutical, Dietary supplements), and Regional Forecasts 2022-2028

Global ACF Supplements Market Size study, By Form (Dry, Liquid), By End User (Pharmaceutical, Dietary supplements), and Regional Forecasts 2022-2028

Global ACF Supplements Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. ACF Supplements or Animal Component Free supplements cell are culture media formulations that offers key elements needed for cell growth and performance. ACF supplements are equivalent to serum-containing media in their functionality. The application of serum- and animal component-free media offers several advantages such as reduce batch-to-batch variability, also minimizes the risk of potential viral contaminants. The increasing consumption of dietary supplements and rising awareness towards animal rights and animal cruelty as well as innovative product launches from leading market players are factors that are accelerating the global market demand. For instance, according to Statista – in 2021, the global market for dietary supplements was estimated at USD 137 billion, and this amount is projected to grow to USD 185.1 billion by 2025. Furthermore, leading market players are coming with innovative ACF supplements products to expand product offerings. For instance, in March 2019, UK based SAL Scientific launched a new range of cell culture media supplements named InstiGRO CHO PLUS. The new media supplement is animal component-free and supplied as a convenient, ready-to use stock solution. Moreover, in September 2019, California, Untied States based FUJIFILM Irvine Scientific, Inc., specialist in the optimization, development and manufacture of cell culture media and industrial cell culture solutions, unveiled its new BalanCD Gal Supplement. This new supplement is intended to increase galactosylation in biotherapeutic development and is a chemically defined, animal component-free formula. Also, growing inclination towards veganism as well as surging prevalence of lifestyle diseases are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with ACF supplements impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global ACF Supplements Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing consumption of health supplements and increasing prevalence of lifestyle diseases in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing pharmaceuticals sector and increasing penetration of e-commerce channels in the region, would create lucrative growth prospects for the global ACF Supplements Market across the Asia Pacific region.

Major market players included in this report are:
STEMCELL Technologies Inc.
Kerry Inc.
StemCell Inc.
Xell AG
InVitria
ScienCell Research Laboratories, Inc.
HiMedia Laboratories
ZenBio
Biological Industries
PeproTech, Inc.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Form:
Dry
Liquid
By End User:
Pharmaceutical
Dietary supplements
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global ACF Supplements Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

STEMCELL Technologies Inc.
Kerry Inc.
StemCell Inc.
Xell AG
InVitria
ScienCell Research Laboratories, Inc.
HiMedia Laboratories
ZenBio
Biological Industries
PeproTech, Inc.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.