The Bovine Serum Albumin Market is estimated to grow at CAGR 2% during the forecast period 2021-2026.
The bovine serum albumin market is estimated to grow at high rate as 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 stable nature of bovine serum albumin as a protein standard makes it a preferred product in the pharmaceutical and diagnostic industries because of its highly pure nature and high solubility in water.
The life sciences segment in the market is projected to be the fastest-growing segment, as extensive research is being conducted in the pharmaceutical and biotechnology industries. Also, bovine serum albumin is used in the production of vaccines, drug delivery, and preparation of mammalian cell culture media. Due to the advancements in nanotechnology, drug delivery, as an application, is growing rapidly in the life sciences segment.
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1. Bovine Serum Albumin Market, By Method of Preparation
1.1. Cold Ethanol Fractionation
1.2. Ion Exchange Chromatography
1.3. Heat Shock Fractionation
1.4. Membrane Filtration
2. Market for Bovine Serum Albumin, By Grade
2.1. Technical- & Diagnostic-Grade
2.2. Reagent- /Research-Grade
2.3. Food-Grade
3. Market for Bovine Serum Albumin, By Form
3.1. Dry Form
3.2. Liquid Form
4. Market for Bovine Serum Albumin, By End User
4.1. Life Sciences Industry
4.1.1. Drug Delivery
4.1.2. Cell Culture
4.1.3. Diagnostics
4.2. Research Institutes
4.3. Food Industry
4.4. Feed Industry
4.4.1. Poultry Feed
4.4.2. Aquafeed
4.4.3. Porcine Feed
4.4.4. Pet Food
5. Bovine Serum Albumin Market, By Region
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Rest of World
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