A recent market intelligence report that is published by Data Insights Partner on the global bovine serum albumin market makes an offering of in-depth analysis of segments and sub-segments in the regional and international market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global bovine serum albumin market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of the global market is offered. In accordance with the report, the bovine serum albumin market is projected to expand at a CAGR of 3.44% over the period of forecast.
Market Insight, Drivers, Restraints & Opportunity of the Market:
Bovine serum albumin (BSA), also called “Fraction V” is a standard of protein concentration in lab experiments, the compound being derived from cows. It is a globular protein with molecular weight 60,000 Da. It is a single polypeptide chain consisting of about 583 amino acid residues, and no carbohydrates, which is used in immunology, microbiology, biochemistry and biotechnology. BSA from fetal bovine sources is used as a nutrient in cell and microbial culture. It is preferred as it is a pure protein which is easily extractible.
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BSA, due to its wide applications is used in multiple diagnostic processes, as a blocking agent and in biotechnology applications. It is also preferred by many as it can be easily stored. Blocking agents prevent the nonspecific binding of antibodies in a body. So, there are certain proteins suitable for such blocking out of antibodies, which will keep the experiment in optimal conditions and won’t interfere with the substance being tested, especially the types of BSA that are free of immunoglobulins. It serves as a protein stabilizer as well. It is used in the Bradford Protein Assay which is a method to determine the protein concentration in a sample due to its stable nature. Scientists prefer BSA as it does not react chemically and is highly soluble in water. Also, it is in high demand as it can be extracted from bovine blood and the process is quite cheap.
Animal derived products may contain some contaminants as they are derived from blood. There can exist multiple harmful microorganisms such as viruses, mycoplasma which can be hard to remove, thus get transmitted to end-user industries. This risk of contamination has led to the growth of industries which have alternative protein sources, as they are safer. For the same reason, recombinant DNA technology industry is growing at the cost of this one, as albumin free products are preferred by some. Some specialists also prefer milk as a blocking agent to BSA due to the former being much cheaper and readily available.
Sigma Aldrich provides chromatographically purified, ethanol and heat shock processed, ethanol fractionated and heat shock fractionated versions of BSA for scientific experiments. The serum albumin can have many benefits. It works to curb obesity as albumin has been proven to be effective in controlling BMI in adults. It can thus be a cost effective way to control body weight. Given the rise of obesity in today’s world, such a method must be considered.
This market intelligence report on the global bovine serum albumin market is segmented based on form, grade, end user, and country/regions.
In terms of grade, the global bovine serum albumin market is segregated into
- Food grade
- Technical and diagnostic grade
- Reagent and research grade
By form, the global bovine serum albumin market is also classified into,
By end user, the global bovine serum albumin market is also classified into,
- Life sciences industry
- Food industry
- Feed industry
- Research institutes
By country/region, the global bovine serum albumin market has been divided into
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
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Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as
- LGC Group
- Bio-Rad Laboratories Inc.
- Marck KGAA
- Thermo Fisher Scientific
- Itoham Yonekyu Holdings Inc.
- Proliant Biologicals
- Serion GmbH
- Bio-Techne Corporation
- Rocky Mountain Biologicals
- Biological Industries
Other players have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as bovine serum albumin market related investment & spending and developments by major players of the market are tracked in this global report.
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Ø This study offers comprehensive yet detailed analysis of bovine serum albumin market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, launch of new products, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the market of bovine serum albumin is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø Leading market players covered this report comprise names such as Biological Industries, Thermo Fisher Scientific, Proliant Biologicals, Serion GmbH and many more.
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of products, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for bovine serum albumin caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for the market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies has been taken into consideration before coming to a conclusion.
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v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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