Market revenue in 2023 | USD 49.4 million |
Market revenue in 2030 | USD 79.7 million |
Growth rate | 7.1% (CAGR from 2023 to 2030) |
Largest segment | Reagents |
Fastest growing segment | Kits |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Reagents, Kits, Services |
Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, PerkinElmer, Promega, Roche Holding AG, LGC Group, New England Biolabs, GE HealthCare Technologies Inc Common Stock, LI-COR, Jena Bioscience |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to protein labeling market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 64.17% in 2023. Horizon Databook has segmented the Brazil protein labeling market based on reagents, kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is projected to witness considerable growth over the forecast period. This can be attributed to the reorganization of the economy to overcome the economic crisis. Moreover, the need for skilled human resources, high precision, and specificity required for research experiments are among the factors responsible for steady growth in this country.
According to the news article published in June 2023 by Pharmaceutical Technology, the president of Brazil plans to establish the region as a pharmaceutical leader in Latin America. The government is investing in biopharmaceutical research and production.
Furthermore, the government aims to decrease the dependency of the region on foreign medical imports from Russia, China, and the U.S. Hence, these strategic initiatives are anticipated to boost market growth over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil protein labeling market , including forecasts for subscribers. This country databook contains high-level insights into Brazil protein labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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