Leading Antifreeze Proteins Country Markets 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. North America is expected to be the highest contributor to this market, with $1,496.7 Million in 2020, and is anticipated to reach $18,706.9 Million by 2029, registering a CAGR of 32.45%. Asia-Pacific is anticipated to reach $15,428.3 Million by 2029 with the highest CAGR of 41.59%. North America and Europe collectively expected to account for about 73.8% share of the Antifreeze Proteins market in 2020, with the former constituting around 38.7% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 41.59% and 37.18% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 52.7% in the overall Antifreeze Proteins market in 2020, and is anticipated to reach 60.1% by 2029.
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