Leading Antifreeze Proteins Source 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. Fish segment is expected to be the highest contributor to this market, with $1,510.4 Million in 2020, and is anticipated to reach $26,907.8 Million by 2029, registering a CAGR of 37.84%. Insects segment is anticipated to reach $11,341.2 Million by 2029 with the highest CAGR of 38.45%. Fish and Plants segments collectively expected to account for about 67.3% share of the Antifreeze Proteins market in 2020, with the former constituting around 39.1% share. Insects and Fish segments are expected to witness significant growth rates at a CAGR of 38.45% and 37.84% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 54.9% in the overall Antifreeze Proteins market in 2020, and is anticipated to reach 59.5% by 2029.
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