Reports and Data’s Global Bovine Serum Albumin Market research report is an in-depth investigation that provides an industry-wide overview of existing and emerging growth patterns, end-user analysis, and other key data that has been tested and validated by industry experts and professionals. The report examines the market in terms of importance, share, size, demand and supply, patterns, competitive landscape, industrial chain analysis, and other important factors. The report also provides a detailed outlook for the industry’s driving and restraining forces, as well as micro and macroeconomic factors that are expected to influence its development.
The bovine serum albumin market is accounted for a value of USD 256.7 Million in 2020 and is projected to grow at a CAGR of 3.2% from 2020, to reach a value of USD 324.9 Million by 2028. Bovine Serum Albumin (BSA) is the nutrient that repairs and helps tissues grow and develop, and it also guards bodies against infections & disease-causing viruses.
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Top Companies: Thermo Fisher Scientific (US), Bio-Rad Laboratories, Inc (US), Merck KGAA (Germany), Itoham Yonekyu Holdings Inc (Japan), Proliant Biologicals (US), Kraeber & Co Gmbh (Germany), Rockland Immunochemicals Inc (US), Rocky mountain biologicals (US), BelHealth investment partners, LLC (US), Bio-Techne Corporation (US), Prospec-Tany Technogene Ltd (Israel), LGC Group (UK), Promega Corporation (US), Biological Industries (Israel), Serion GmbH (Germany) are some of the major players in bovine serum albumin market.
Salient Trends of the Bovine Serum Albumin Market:
- Sub-micron bovine serum albumin particles are innovative method for spray drying proteins with high yields. Spray-drying was shown to be a rapid, continuous, cost-effective, reproducible and scalable process for the production of dry powders from a liquid. Moreover, in the recent years, spray drying was identified by the pharmaceutical industry as a suitable method to produce protein particles used in pulmonary, nasal and oral delivery.
- Bovine serum albumin (BSA) has many applications in life science disciplines, such as cell culture, in-vitro diagnostics, human and molecular biology, veterinary pharmaceuticals, serology and general research. It is also very well characterized and often used as a model protein in numerous biochemical applications.
- The costs to produce, and prices received for, these products depend on the level of purity, extent of further processing required and yields obtained. Indicative prices for the different grades range from USD 4,000 to USD 50,000 per kilogram.
- In response to the IVD industry\’s need for lot-to-lot consistency, improved assay sensitivity, and earlier analyte detection, Proliant Biologicals introduced its product range for Ultra-High Monomer BSA solution that is primarily designed to enhance the production of BSA in critical research in the year 2020
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On the basis of form, the market has been segmented as follows: (Revenue, USD Million; 2020-2028)
- Dry
- Liquid
On the basis of grade, the market for bovine serum albumin has been segmented as follows: (Revenue, USD Million; 2020-2028)
- Technical- & diagnostic-grade
- Reagent/Research-grade
- Food-grade
On the basis of end user, the market for bovine serum albumin has been segmented as follows: (Revenue, USD Million; 2020-2028)
- Life sciences industry
- Drug delivery
- Cell culture
- Diagnostics
- Research Institutes
- Food industry
- Feed industry
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Bovine Serum Albumin market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Bovine Serum Albumin market.
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Frequently Asked Questions Addressed in the Report:
- What is the estimated market revenue growth over the forecast period?
- What are the major factors driving the global Bovine Serum Albumin market revenue growth?
- Which regional market is expected to account for the largest revenue share in the global Bovine Serum Albumin market over the forecast years?
- Which are the leading players in the global Bovine Serum Albumin market?
- What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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