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DUBLIN, December 21, 2021– (COMMERCIAL THREAD)–The “Global Bovine Serum Albumin Market (2021-2026) by Preparation Method, Form, Grade, End User and Geography, Competitive Analysis and Impact of Covid-19 with Ansoff Analysis” the report was added to ResearchAndMarkets.com offer.

The global bovine serum albumin market is estimated to be worth USD 420.15 million in 2021 and is projected to reach USD 512.41 million by 2026, with a CAGR of 4.05%.

Bovine serum albumin is widely used in the research and development of various international research institutes for medical devices, biopharmaceuticals and vaccines. Bovine serum albumin (BSA) or Fraction V is a major plasma protein found in bovine blood, and it helps maintain blood pH levels.

Factors such as changing consumer preferences for high protein diet foods, growth of the livestock industry and consequent generation of demand for blood products, and increasing demand in industries food and pharmaceuticals help drive market growth.

However, the growing demand for animal-free albumin products and the growing appeal for the replacement of fetal calf serum and its components in cell culture applications may dampen the growth of the market. In addition, the global coronavirus lockdown has weakened production and the supply chain, which may restrict its development for a few months.

Recent developments

Researchers at the University of Buffalo (UB) have developed a new 3D printed, scalable graphene airgel for water purification that could be adapted for use in large wastewater treatment plants. To achieve this, the Buffalo team added bio-inspired polydopamine (PDA) and bovine serum albumin (BSA) to a GO powder, producing a new 3D printing material with enhanced viscoelasticity. – May 5, 2021.

Market segmentation

  • By preparation method, the global bovine serum albumin market is categorized into cold ethanol fractionation, ion exchange chromatography, heat shock fractionation, membrane filtration, dry and liquid forms.

  • By form, the global bovine serum albumin market is categorized into dry and liquid forms.

  • By grade, the global bovine serum albumin market is categorized into food grade, research grade, technical grade, and diagnostic grade.

  • By end user, the global bovine serum albumin market is classified into research institutes, life science industry, food industry, and animal feed.

  • By geography, North America is expected to dominate the market.

Market influencers

Conductors

  • Changing consumer preferences for a high protein diet

  • Growth of the livestock industry and creation of a consequent demand for blood products

  • Growing demand in the food and pharmaceutical industries

Constraints

Opportunities

Challenges

Company Profiles

Some of the companies covered in this report are

  • Thermo Fisher Scientific Inc.

  • Merck KGaA

  • Organic proliating products

  • Itoham Yonekyu Holdings Inc.

  • Bio-Rad Laboratories, Inc.

  • Kraeber & Co GmbH

  • Rockland Immunochemicals Inc.

  • Rocky Mountain Biologicals Inc.

  • BelHealth Investment Partners, LLC

  • Bio-Techné Company

  • Prospect-Tany Technogene Ltd.

  • LGC Group

  • Promega Company

  • Institut Virion Serion GmbH

  • Life Sciences Group Ltd.

  • Sisco Research Laboratories Pvt. Ltd.

  • LAMPIRE Biological Laboratory

  • AusGeneX Pty Ltd

  • Biophylle GmbH

  • Bovogen Biologicals Pty Ltd.

For more information on this report, visit https://www.researchandmarkets.com/r/h2bvhw

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211221005348/en/

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