The global bovine blood plasma derivative market is projected to grow at a CAGR of 5%-7% during 2020-2026. The growth of bovine blood plasma derivative market is driven by rising demand for albumin as an excipient in the pharmaceutical industry and increasing usage of animal by-products in cell culture technology.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the bovine blood plasma
derivative market by derivative type (immunoglobulin, fibrinogen, bovine serum
albumin, fetal bovine serum, thrombin, transferrin, new born calf serum, and
BGG), application (pharmaceutical industry, diagnostic industry, cell culture
or biotechnology, research & development, food industry, cosmetic industry,
and nutrition supplements), and region (North America, Europe, Asia Pacific,
and Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the bovine blood plasma derivative market?
Q.4 What are some
changing demands of customers in the bovine blood plasma derivative market?
Q.5 What are the new
developments in the bovine blood plasma derivative market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this bovine blood plasma derivative area
and how big of a threat do they pose for loss of market share via product
substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this bovine blood plasma
derivative market?
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Market Segmentation:
Based on derivative type,
the bovine blood plasma derivative market is segmented into immunoglobulin,
fibrinogen, bovine serum albumin, fetal bovine serum, thrombin, transferrin,
new born calf serum, and BGG. The thrombin segment accounted for the largest
share of the market in 2020 due to increasing research and development
activities, such as in-vitro study and protein structure analysis.
Asia Pacific is expected
to be the highest growth over the forecast period due to increasing government
initiatives and approvals to export products, such as cattle protein and serum,
from the region.
Key Players in the bovine
blood plasma derivative market are GE Healthcare, Sigma-Aldrich, Lampire
Biological Laboratories, Proliant, Rocky Mountain Biologicals, Bovogen
Biologicals, Thermo Fisher Scientific, Kraeber, Auckland BioSciences, and Lake
Immunogenics.
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The
report helps stakeholders understand the pulse of the market and provides them
with information on key drivers, restraints, challenges, and opportunities for
market growth. It would also help to understand the competitors better and gain
more insights to improve their position in the business.
To read more about this market please click on
https://www.lucintel.com/bovine-blood-plasma-derivative-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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