#BovineSerumMarket

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Bovine Serum Market and its key opportunities and challenges 2022

Bovine serum, also known as bovine serum albumin (BSA) or Fraction V, is a globular protein derived from cows. It is produced by manipulating the pH, concentrations, salt levels, and temperature of plasma proteins by the Cohn fractionation method.

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Bovine serum is a multifunctional protein with exceptional ligand binding capacity and gelling properties. It acts as a carrier for a diverse range of drugs, nutrients, metabolites, metals, and other molecules in the body. BSA’s exceptional properties and stability in biological reactions drive its applications in the clinical, pharmaceutical, and biochemical sectors. Thus, the bovine serum market is expected to grow in tandem with these end-use industries during the forecast period, 2020–2027.

Use of Bovine Serum in Life Sciences

BSA is produced in various formats for use in immunology, biochemistry, and biotechnology. In immunology, BSA is used for conducting various biological tests, including ELISA (Enzyme-Linked Immunosorbent Assay), immunocytochemistry (immunohistochemistry and immunofluorescence microscopy), and immunoblots (western blot and dot blot). In molecular biology, BSA is used for the stabilization of enzymes and considered a blocking reagent. This is because it doesn’t affect the function of the proteins that do not need stabilization. For instance, it is frequently used in stabilizing solubilized proteins such as labile enzymes, and it is also effective in removing toxic substances, including pyrogens, from the blood.

The ability of BSA to increase the stability of proteins in biological testing procedures and the lack of effect in many biochemical reactions have increased the use of the product in the healthcare sector. Moreover, BSA can be easily extracted in large quantities after the purification of bovine blood, owing to which the product is available easily and at a low cost in the market, which is further expected to boost the demand for BSA in the market.

Use of Bovine Serum in Supplements

Increasing health and hygiene concerns propel the nutrition and supplement industry. Rising issues related to the ill-health effects associated with the consumption of synthetic proteins have shifted consumer preference to natural protein sources in the last few years. This change in consumer preference has spurred a shift in the nutrition industry from protein powders to a wide range of natural nutritional supplements.

In human anatomy, Insulin-Like Growth Factors (IGFs) are primarily growth-promoting peptides. In the bloodstream, these peptides are bounded to IGF-binding protein (IGFBP), of which six different types exist. These IGFBPs can be obtained from bovine serums; highly purified bovine serum has the IGFBP-3, which is one of the six binding proteins that help in providing the necessary proteins to the body and cell culture applications. Currently, a number of research institutes and life science companies are focusing on developing a product from BSA to meet the rising demand for these products among various end-uses.

North America & Asia-Pacific — The Leading Bovine Serum Markets Globally

North America and Asia-Pacific are expected to dominate the global bovine serum market. Applications in the healthcare sector drive the most significant growth in North America. Additionally, the increasing number of cases of bovine spongiform encephalopathy (BSE) in the region has surged the demand for the product in animal feed. The Asia-Pacific market is fueled by the expanding healthcare sector, supported by favorable initiatives taken by government organizations. China and India are the most significant growth drivers in the region in this regard. A few of the initiatives that promote the growth of the healthcare sector in the region are listed below.

The Healthy China (HC 2030) program, 2016: It emphasizes prioritizing healthcare in the country and providing equal opportunities to every individual while reforming key areas

Pradhan Mantri Jan Arogya Yojana (PMJAY): It aims to provide health insurance worth USD 7,124.54 to over 100 million families every year

The region’s rapidly rising population and well-established husbandry sector are also expected to contribute to the region’s growth momentum during the forecast period.

Germany, the U.K., and France to Lead Market Growth in Europe

The European market holds a prominent share in the global bovine serum market, backed by global players’ investments, shifting preference towards nutrition supplements, increasing health and hygiene awareness, and strong demand for dairy products. The demand for dairy products, in particular, is expected to be a significant contributor to growth. As per the FAO, in 2018, the milk output increased to 226.4 million tons, 0.8% higher than that in 2017. Germany, the U.K., and France are expected to lead market growth in Europe.

Utilization of BSA as Fodder in Desert Areas to Drive Market Growth in MEA

Livestock is a cornerstone and a key pillar supporting the national income of several countries in the Middle East and Africa. The utilization of BSA as an alternative source of fodder in desert areas to provide sufficient growth nutrients to cattle in cases where the farmer is unable to cultivate fodder for the cattle is the application that drives the market growth in the region.

Latin America’s Large Livestock Industry Drives Market Growth in Latin America

Latin America has one of the largest livestock industries across the globe. In 2018, Brazil and Argentina had second and sixth largest cattle inventory, further making the region one of the major exporters of dairy and meat products. The growing demand for dairy and meat has compelled farmers to provide the required nutrition to cattle in order to gain good meat, coat, and dairy products.

Bovine Serum Market: Key Players

Thermo Fisher Scientific Inc.

Bio-Rad Laboratories, Inc.

Merck KGaA,

Proliant Biologicals, LLC.

Rockland

Rocky Mountain Biologicals

Prospec-Tany Technogene Ltd

Biological Industries

BIOWEST SAS

BioVision Inc.