Global Bovine Serum Albumin market (2021-2026) by Preparation Method, Form, Grade, End User, and Geography , IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
The Global Bovine Serum Albumin market is estimated to be USD 420.15 Mn in 2021 and is expected to reach USD 512.41 Mn by 2026, growing at a CAGR of 4.05%.
Bovine serum albumin is widely used in research and development from various international research institutes for medical device products, biopharmaceuticals, and vaccines. Bovine serum albumin (BSA) or Fraction V is a major plasma protein found in bovine blood, and it aids in maintaining the pH levels of blood. The factors such as changing consumer preferences for protein-rich diet food, the growing livestock industry and consequent demand generation for blood-based products, and increasing demand in the food & pharmaceutical industries help drive the market's growth.
However, the rising demand for animal-free albumin products and growing appeal to replace fetal bovine serum and its components in cell culture applications may restrain the market growth. Also, the global coronavirus lockdown has weakened production and supply chain, which may restrict its development for a few months.
The Global Bovine Serum Albumin market is segmented further by Preparation Method, Form, Grade, End User & Geography.
By Preparation Method, the Global Bovine Serum Albumin market is classified into Cold Ethanol Fractionation, Ion Exchange Chromatography, Heat Shock Fractionation, Membrane Filtrationdry, and liquid forms.
By Form, the Global Bovine Serum Albumin market is classified into Dry and Liquid forms.
By Grade, the Global Bovine Serum Albumin market is classified into Food grade, Research Grade, Technical and Diagnostic Grade.
By End User, the Global Bovine Serum Albumin market is classified into Research Institutes, Life Sciences Industry, Food, and Feed Industry.
By Geography, North America is expected to lead the market.
1. Researchers at the University at Buffalo (UB) have developed a novel 3D-printed scalable water-purifying graphene aerogel that could scaled for use at large wastewater treatment plants. To achieve this, the Buffalo team added the bio-inspired polydopamine (PDA) and bovine serum albumin (BSA) to a GO powder, yielding a novel viscoelasticity-optimized 3D printing material. – 5th May 2021.
2. Proliant Biologicals acquires Boval BioSolutions from Lifecycle Biotechnologies – 9th Sep 2019.
Some of the companies covered in this report are Thermo Fisher Scientific Inc., Merck KGaA, Proliant Biologicals, Kraeber & Co GmbH, Rockland Immunochemicals Inc., BelHealth investment partners, LLC, Bio-Techne Corporation, Promega Corporation, Life Sciences Group Ltd., Sisco Research Laboratories Pvt. Ltd., Biophyll GmbH, Bovogen Biologicals Pty Ltd., etc.
IGR Competitive Quadrant
The report includes the IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Bovine Serum Albumin Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence's Proprietary competitive positioning tool.
A complete analysis of the market, including parent industry
Important market dynamics and trends
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
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