In 2032, it is predicted that the market for ACF supplements will be worth US$384.5 billion. The market is predicted to grow quickly, reaching a value of US$ 163.9 billion in 2022 and registering a noteworthy CAGR of 8.9 percent from 2022 to 2032.
The development and expansion of pharmaceutical and dietary supplement industries are driving growing demand for ACF supplements. ACF, or an animal-derived component-free supplement, stands for the animal-free component. The protein-free cell culture medium is supplemented with chemically determined ACF supplements to start cell growth.
The name ACF Supplements, often known as an animal-derived component-free supplement, stands for the animal component-free supplement. The protein-free cell culture medium is supplemented with chemically determined ACF additives to hasten cell development. The usage of animal-derived components is always under investigation due to improvements in processing technology and the creation of innovative biopharmaceuticals for therapeutic applications.
There is a significant risk of contamination from diseases including BSE, HIV, BVD, and hepatitis when using components originating from animals in cell culture. As a result, non-animal origin supplements, like ACF supplements, are becoming increasingly important and well-liked among producers of biomolecules and biotherapeutics. The use of ACF supplements in medicinal and nutritional supplements is being studied.
Sales of ACF supplements are rising thanks to innovation and growth in pharmaceutical and dietary supplements, which is creating promising conditions for the global market for ACF supplements.
The increased use of social media and other platforms has led to a rise in global awareness of animal rights and cruelty. This has caused animal-derived supplements like fetal bovine serum to become increasingly scarce and more expensive globally (FBS). The serum-free and animal component-free supplements, which are also reasonably priced and popular, have ultimately benefited from this. The growing awareness of both consumers and product producers of pharmaceutical and dietary supplement products is a major factor driving the global market for ACF supplements.
The growing consumption of dietary supplements in Western nations like the U.S., Canada, the U.K., Germany, etc. is what is driving the global market for ACF supplements. Due to the adoption of the Western lifestyle in Eastern nations like India, China, Indonesia, Brazil, etc., this market is also expected to grow. Consumers are increasingly choosing nutritional supplements as a way to maintain their fitness due to the rising prevalence of ailments like diabetes, heart issues, cognitive impairment, etc. Given the move toward plant-based goods and products, this is pushing up sales of dietary supplements and the global ACF supplements industry.