Latin America, Middle East & Africa Antifreeze Proteins Market Databank
The Antifreeze Proteins market was valued at $3,867.5 Million in 2020, and is projected to reach $64,268.2 Million by 2029 growing at a CAGR of 36.78% from 2021 to 2029. Type I segment is expected to be the highest contributor to this market, with $1,675.9 Million in 2020, and is anticipated to reach $26,889.0 Million by 2029, registering a CAGR of 36.25%. Type III segment is anticipated to reach $23,902.4 Million by 2029 with the highest CAGR of 37.58%. Type I and Type III segments collectively expected to account for about 78.6% share of the Antifreeze Proteins market in 2020, with the former constituting around 43.3% share. Type III and Type I segments are expected to witness significant growth rates at a CAGR of 37.58% and 36.25% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 78.6% in the overall Antifreeze Proteins market in 2020, and is anticipated to reach 79.0% by 2029.
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