The North America Bovine Serum Albumin Market size was assessed at USD xx billion in 2022, and it is foreseen that it will reach USD xx billion by 2028 at a considerable CAGR throughout the calculated period. Demand is increasing in various laboratories as awareness of the benefits of bovine serum albumin as an excipient increase.
Albumin refers to a group of acidic proteins, the primary function of controlling colloidal osmotic pressure in the blood. It is found not only in body fluids, but also in the tissues and plants of mammals. Albumin is a type of protein found abundantly in plasma. It is an important by-product of the meat industry and is derived mainly from fetal serum. Bovine serum albumin(BSA) is purified from serum through a variety of purification methods, such as low-temperature organic solvent fractionation, thermal shock, and ion exchange chromatography. It is also found in various proportions in milk and whey protein. This generally occurs because proteins escape from whey into milk as part of the secretion from the mammary glands. Bovine serum albumin is isolated from cow's milk and is mainly used as a blocker in the Enzyme Immunosorbent Assay (ELISA) and Western blot, it is used as a standard to calibrate proteins and dissolve lipids. Bovine serum albumin or fraction V is the main plasma protein found in bovine blood. Helps maintain the pH level of the blood. BSA is widely used in a variety of immunological, biochemical, and biotechnological applications. It is also used as a protein supplement and a small molecule carrier for other cell culture applications.
Factors responsible for the growth of North America market include the increased non-therapeutic application of bovine serum albumin, increased immunoglobulin production, increased plasma collection, and increased demand for albumin in R&D activities.
The North America bovine serum albumin market is primarily boosted by the augmented use of plasma products in the food sector. Advances in the collection and processing of bovine blood, along with the increasing demand for animal meat and protein among the population are also supporting this business growth. The North America market for bovine serum albumin has enormous potential and is determined to grow rapidly. Bovine serum albumin acts as a pharmaceutical stabilizer during the formulation and reconstitution of the formulated pharmaceutical composition. In addition, North America bovine serum albumin has the advantage that immunogenicity is not important when injected into patients, making it a suitable choice for vaccine formulations. Improvements in protein purification and molecular separation technologies are expected to provide a significant boost to the market. Additionally, emerging markets offer tremendous opportunities as excipients for North America bovine serum albumin due to advances in contract research manufacturing. The low cost and stable properties of BSA, along with the requirement for blood-based products that support livestock are accelerating the expansion in this market. In addition, industry scientists prefer bovine serum albumin as it does not affect many biochemical reactions. It is relatively cheaper than other protein standards due to a large amount of blood. It can be easily purified from bovine blood. In contrast, the large-scale production of North America bovine serum albumin and the development of cost-effective treatments with high potential in emerging markets in emerging countries are expected to provide a favorable growth opportunity for the local market.
Other boosters in the North America bovine serum albumin market include expanding the range of animal by-products in cell culture technology, increasing demand forbovine serum albumin as an excipient for the pharmaceutical industry, and improving the global supply chain and the distribution network. Increased prevalence of life-threatening disorders and conditions, especially heart disease, liver disease, infection, and hypoalbuminemia are surging the call for BSA. Some of the other properties that favor the products are the increasing applications in the pharmaceutical and diagnostic industries, including very pure properties and high water solubility. The continuous research and development has promoted market growth through the launch of new versions of existing products with different grades of bovine serum albumin derivatives, such as enzyme grade and food grade to increase market share. BSA is a protein that can be easily supplied as a by-product of cheese making, and the cost of using it as a powerful dietary solution is higher. Other factors driving growth include increased adoption of bovine serum albumin products for non-therapeutic applications and increased awareness of recombinant albumin. Obesity is a global problem with a high associated cost, and the need for cost-effective solutions to address the obesity problem is increasing. It turns out that this serum albumin is a dietary whey protein that has an anti-obesity effect.
Factors such as irrational use and side effects associated with bovine serum albumin, migration to serum-free solutions are limiting the market growth. The main limitations of the market are the reduced production and the greater preference for alternative products due to the increase in bovine disease. Factors such as strict government regulations and the postoperative risks associated with bovine albumin-based therapies hinder market growth in North America.
Geographically the North America Bovine Serum Albumin Market is segmented into US, Canada, Mexico and Rest of North America. North America is the second most profitable market after Asia Pacific. The surge in the call for BSA in end-user applications like the pharmaceutical and diagnostic industries is the principal factor boosting the North American market. The availability of developed medical facilities and biotechnology industries that employ the usage of this albumin in non-therapeutic applications are also supporting the development of the BSA market in North America. The hike in demand for red meat and its products, including dynamic changes in the meat processing industry in countries like the United States and Canada is further driving the business growth in this area.
Key Players in the Market:
Major Key Players in the North America Bovine Serum Albumin Market are
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1400
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region