North America is to Dominate the Bovine Serum Albumin Market Through 2019-2025 - PowerPoint PPT Presentation

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North America is to Dominate the Bovine Serum Albumin Market Through 2019-2025


The demand for bovine serum albumin has been growing in accordance with the rise in demand from the pharmaceutical industry. – PowerPoint PPT presentation

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Title: North America is to Dominate the Bovine Serum Albumin Market Through 2019-2025

MarketsandMarkets Presents
  • North America is to Dominate the Bovine Serum
    Albumin Market through 2019- 2025

  • The bovine serum albumin market is estimated to
    account for a value of USD 255 million in 2019
    and is projected to grow at a CAGR of 3.0 from
    2019, to reach a value of USD 304 million by
    2025. 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 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. The Asia Pacific region has a growing
    opportunity for the use of BSA in the
    pharmaceutical and technical industries, as the
    pharmaceutical industry is blooming in this
    region. China is the second-largest
    pharmaceutical market across the globe. To treat
    chronic diseases, the research development
    sector is witnessing high investments that will
    significantly drive the demand for innovative
  • Read more _at_ https//

Key Players
  • 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)

(No Transcript)
 Market Dynamics
  •  Drivers
  • Inexpensive and Stable Nature of Bovine Serum
    Albumin as A Protein Standard
  • Growth of the Livestock Industry and Consequent
    Demand Generation for Blood-Based Products
  • Rise in Application in the Food Pharmaceutical
  • Restraints
  • Rise in Demand for Animal-Free Albumin Products
  • Growth in Appeal to Replace Fetal Bovine Serum
    and Its Components in Cell Culture Applications

  • Opportunities
  • Scope for Use as A Dietary Protein for Fat
  • Usage in the Biodegradable and Edible Food
    Packaging Industry
  • Challenges
  • Existence of Alternatives in the Diagnostic and
    Pharmaceutical Industries

Recent Developments in the Market
  • In November 2017, Proliant Biologicals New
    Zealand facility launched a new reagent grade
    fatty acid-free BSA, which is derived from
    animals with origin in New Zealand.
  • In February 2019, Proliant Biologicals launched
    its product line for Ultra-High Monomer BSA
    solution that is particularly designed to improve
    the performance of BSA in critical research.
  • In 2018, Serion GmbH (Germany) expanded its
    SERION Diagnostics product division to increase
    its focus into in-vitro diagnostics.
  • In February 2018, Merck KGAA invested USD 44.86
    million in a cell culture facility in South Korea
    to expand its life science segment in the Asia
    Pacific region this would help the company to
    cater to the markets in various geographies.
  • In January 2018, Itoham Yonekyu Holdings Inc.
    (Japan) acquired Anzco Foods (New Zealand). This
    helped the company to expand itself in the bovine
    serum albumin markets of Australia and New
    Zealand, as it gained the control of Bovogen
    Biologicals, a subsidiary of Anzco Foods
  • In September 2018, BelHealth Investment Partners,
    LLC (US) acquired and invested USD 350 million in
    Gemini Bioproducts. Due to this investment, a
    wide range of bio-product manufacturing platform
    was created.
  • In December 2018, LGC Group (UK) acquired
    SeraCare Life Sciences, Inc (US) to strengthen
    its presence in the molecular diagnostics market
    as well as reinforce its market position in
    clinical quality control tools.

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