The worldwide ACF supplements market is expected to arrive at US$ 384.5 Billion by 2032. The market is developing quickly and is supposed to be esteemed at US$ 163.9 Billion in 2022 and will enlist at a huge CAGR of 8.9 % during the gauge time frame from 2022 to 2032.
ACF Supplements stands for animal component-free supplement, also termed as an animal-derived component-free supplement. ACF supplements that are chemically defined are added to the protein-free cell culture media to accelerate cell growth. With the advancements in processing technology and the production of novel biopharmaceuticals for therapeutic use, the utilization of animal-derived components is under constant scrutiny.
The use of animal-derived components in cell culture has a high risk of contamination such as BSE, HIV, BVD, and Hepatitis. Therefore, supplements that are non-animal in origin are getting widely popular and important among manufacturers of bio-molecules and bio-therapeutics such as ACF supplements. ACF supplements are being researched for their use in pharmaceutical products and dietary supplements.
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Innovation and Expansion in the Dietary Supplements and Pharmaceutical Products is Increasing the Sales of ACF Supplements and Creating Positive Scenario in the Global ACF Supplements Market
Awareness about animal cruelty and animal rights have been rising in the world due to the increasing use of social media and other platforms. This has led to the growing worldwide shortages and price hikes of the supplements derived from animals such as foetal bovine serum (FBS). Ultimately it has led to the increasing popularity of the serum-free and animal component-free supplements, which are additionally cost-effective and economic. The global ACF supplements market is driven majorly by the increasing awareness among the consumers of pharmaceutical and dietary supplement products and also among the manufacturers of these products.
Increasing expenditure on the research and development activities in the cell culture industry is enabling the introduction of new products in ACF supplements market with enhanced functionality such as significantly increased single-cell cloning efficiency of CHO cells media, compatibility with wide variety commercially available culture media. ACF supplements contain recombinant proteins and phenol red, without any animal components, serum, hydrolysates, L-glutamine, etc.
Some of the market participants in the ACF Supplements market are:
- STEMCELL Technologies Inc.
- Kerry Inc.
- StemCell Inc.
- Xell AG
- InVitria
- ScienCell Research Laboratories, Inc.
- HiMedia Laboratories
- ZenBio
- Biological Industries
- PeproTech, Inc.
The research report presents a comprehensive assessment of the ACF Supplements market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as form and end use.
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Key Segments Profiled in the ACF Supplements Market
By Form:
- Dry
- Liquid
By End User:
- Pharmaceutical
- Dietary supplements
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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