The bovine serum albumin market is estimated to grow at high rate as the demand for bovine serum albumin has been growing in accordance with the rise in demand from the pharmaceutical industry. The other factors responsible for driving the global market are the changing consumer preferences for a protein-rich diet and high demand from the life sciences industry. The stable nature of bovine serum albumin as a protein standard makes it a preferred product in the pharmaceutical and diagnostic industries because of its highly pure nature and high solubility in water.
The life sciences segment in the market is projected to be the fastest-growing segment, as extensive research is being conducted in the pharmaceutical and biotechnology industries. Also, bovine serum albumin is used in the production of vaccines, drug delivery, and preparation of mammalian cell culture media. Due to the advancements in nanotechnology, drug delivery, as an application, is growing rapidly in the life sciences segment.
The dry form segment is projected to hold the largest market share in the bovine serum market during the forecast period. The dry form of bovine serum albumin is mostly preferred over the liquid form by manufacturers because of its longer shelf life. This attribute of the dry form has also led to the rise in imports and exports of bovine serum albumin
The technical- & diagnostic-grade segment dominates the bovine serum albumin market due to the growing demand for vaccines and owing to the large application areas varying between cell culture, assay kit preparations, and serving as protein standards. The technical- & diagnostic-grade of BSA is most recommended for biotechnology applications such as immunodetections as a blocking and saturating agent. Most products that belong to this grade are used in cell culture applications.
The North American and Asia Pacific countries are witnessing increasing demand for bovine serum albumin for the pharmaceutical and diagnostic industry. The growth of bovine serum albumin market in the North American region spurs from the high demand for red meat & its products, alongside the dynamic changes in the meat processing industry in countries such as the US and Canada.
Key market players include Thermo Fisher Scientific (US), Merck KGAA (Germany), Proliant Biologicals (US), Itoham Yonekyu Holdings Inc (Japan), and Bio-Rad Laboratories, Inc (US).
Key Questions Addressed by the Report
· What are the new application areas that the companies are exploring in the bovine serum albumin market?
· Who are some of the key players operating in the market and how intense is the competition?
· What kind of competitors and stakeholders would be interested in this market? What will be their go-to-market strategy, and which emerging market will be of significant interest?
How are the current R&D activities and M&A’s in the market projected to create a disrupting environment in the coming years?
1.1. Market Definition
1.2. Study Scope
1.3. Study Period
1.4. Market Stakeholders
2. Research Methodology
2.1. Secondary Research
2.2. Primary Research
2.3. Research Design
2.4. Data Validation
2.5. Limitations and Assumptions
3. Market Dynamics
3.1.1. Inexpensive and Stable Nature of Bovine Serum Albumin as A Protein Standard
3.1.2. Growth of the Livestock Industry and Consequent Demand Generation for Blood-Based Products
3.1.3. Rise in Application in the Food & Pharmaceutical Industries
3.2.1. Rise in Demand for Animal-Free Albumin Products
3.2.2. Growth in Appeal to Replace Fetal Bovine Serum and Its Components in Cell Culture Applications
3.2.3. Existence of Alternatives in the Diagnostic and Pharmaceutical Industries
3.3.1. Scope for Use as A Dietary Protein for Fat Reduction
3.3.2. Usage in the Biodegradable and Edible Food Packaging Industry
4. Executive Summary
5. Bovine Serum Albumin Market, By Method of Preparation
5.1. Cold Ethanol Fractionation
5.2. Ion Exchange Chromatography
5.3. Heat Shock Fractionation
5.4. Membrane Filtration
6. Market for Bovine Serum Albumin, By Grade
6.1. Technical- & Diagnostic-Grade
6.2. Reagent- /Research-Grade
7. Market for Bovine Serum Albumin, By Form
7.1. Dry Form
7.2. Liquid Form
8. Market for Bovine Serum Albumin, By End User
8.1. Life Sciences Industry
8.1.1. Drug Delivery
8.1.2. Cell Culture
8.2. Research Institutes
8.3. Food Industry
8.4. Feed Industry
8.4.1. Poultry Feed
8.4.3. Porcine Feed
8.4.4. Pet Food
9. Bovine Serum Albumin Market, By Region
9.1. North America
9.2.6. Rest of Europe
9.3. Asia Pacific
9.3.4. Australia & New Zealand
9.3.5. Rest of Asia Pacific
9.4. Rest of the World
9.4.1. South America
9.4.2. Middle East & Africa
10. Company Profiles
10.1. Thermo Fisher Scientific Inc.
10.2. Bio-Rad Laboratories, Inc.
10.3. Merck KGaA
10.4. Itoham Yonekyu Holdings Inc.
10.5. Proliant Biologicals
10.6. Kraeber & Co GmbH
10.7. Rockland Immunochemicals Inc.
10.8. Rocky Mountain Biologicals
10.9. Belhealth Investment Partners, LLC
10.10. Bio-Techne Corporation
10.11. Prospec-Tany Technogene Ltd.
10.12. LGC Group
10.13. Promega Corporation
10.14. Biological Industries
10.15. Serion GmbH
11. Conclusion and Recommendations
12.2. Related Reports