South Korea Bovine Serum Albumin Market is Segmented By Form (Dry and Liquid), By Grade (Technical &...
The South Korea bovine serum Albumin market size is expected to reach US$ 7.9 Mn by 2032, from US$ 6.2 Mn in 2025, growing at a CAGR of 3.6% during the forecast period 2025-2032. The South Korea bovine serum albumin market has been witnessing steady growth over the past few years supported by the increasing demand from the biopharmaceutical and life science industries. Bovine serum albumin or BSA finds wide application as a blocking agent and stabilizing protein in techniques like ELISA (enzyme-linked immunoassay), western blotting, and immunohistochemistry. The growing biopharmaceutical industry in South Korea focusing on the development of biosimilars and biologics has boosted the consumption of BSA substantially.
South Korea Bovine Serum Albumin Market Drivers
South Korea Bovine Serum Albumin Market Restraints
South Korea Bovine Serum Albumin Market Opportunity
Market Size in USD Mn
CAGR3.6%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 3.6% |
Market Concentration | High |
Major Players | Proliant, Kraeber & Co., GmbH, Lake Immunogenics, Gemini and Among Others |
Proliant, Kraeber & Co. GmbH, Lake Immunogenics, Gemini, Auckland BioSciences, LAMPIRE Biological Laboratories, RMBIO, Merck, Rocky Mountain Biologicals, Bovogen, Biowest, Moregate BioTech, ANZCO Foods Internegocios, and Thermo Fisher Scientific
South Korea Bovine Serum Albumin Market
*Definition: Bovine serum albumin (BSA or "Fraction V") is a serum albumin protein, which is extracted from blood plasma of cows. BSA is available in various forms, such as powder or liquid, for use in immunology, biochemistry, and immunology related researchers. BSA’s immunoassay applications include enzyme-linked immunosorbent assay (ELISA), western blot & dot blot, and immunocytochemistry, which include immunofluorescence microscopy and immunohistochemistry.
Would you like to explore the option of buying individual sections of this report?
Nikhilesh Ravindra Patel is a Senior Consultant with over 8 years of consulting experience. He excels in market estimations, market insights, and identifying trends and opportunities. His deep understanding of the market dynamics and ability to pinpoint growth areas make him an invaluable asset in guiding clients toward informed business decisions. He plays a instrumental role in providing market intelligence, business intelligence, and competitive intelligence services through the reports.
How big is the South Korea Bovine Serum Albumin Market?
The South Korea Bovine Serum Albumin Market is estimated to be valued at USD 6.2 in 2025 and is expected to reach USD 7.9 Million by 2032.
What are the major factors driving the South Korea South Korea bovine serum albumin market growth?
The major factors driving the South Korea bovine serum albumin market growth are rising research and development activities and increasing applications in cell culture media.
Which is the leading Grade segment in the South Korea South Korea bovine serum albumin market in 2024?
The leading Grade segment in the South Korea bovine serum albumin market is the Technical & Diagnostic Grade
Which are the major players operating in the South Korea South Korea bovine serum albumin market?
The major players operating in the South Korea bovine serum albumin market are Proliant, Kraeber & Co. GmbH, Lake Immunogenics, Gemini, Auckland BioSciences, LAMPIRE Biological Laboratories, RMBIO, Merck, Rocky Mountain Biologicals, Bovogen, Biowest, Moregate BioTech, ANZCO Foods Internegocios, and Thermo Fisher Scientific.
What will be the CAGR of the South Korea South Korea bovine serum albumin market in 2024-2031?
The CAGR of the South Korea bovine serum albumin market is expected to be 3.6% from 2025 to 2032.