Canada Protein Labeling Market Size & Outlook, 2023-2030
Canada protein labeling market, 2018-2030 (US$M)
Related Markets
Canada protein labeling market highlights
- The Canada protein labeling market generated a revenue of USD 82.0 million in 2023 and is expected to reach USD 159.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 10% from 2024 to 2030.
- In terms of segment, reagents was the largest revenue generating product in 2023.
- Kits is the most lucrative product segment registering the fastest growth during the forecast period.
Protein labeling market data book summary
| Market revenue in 2023 | USD 82.0 million |
| Market revenue in 2030 | USD 159.6 million |
| Growth rate | 10% (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 |
Other key industry trends
- In terms of revenue, Canada accounted for 3.4% of the global protein labeling market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. protein labeling market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 159.6 million by 2030.
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Protein Labeling Market Scope
Protein Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada protein labeling market outlook
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 63.54% in 2023. Horizon Databook has segmented the Canada protein labeling market based on reagents, kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
The protein labeling market in Canada experienced moderate growth in 2022. The rising focus on research & innovation, driven by a well-established academic & healthcare infrastructure, is expected to propel the demand for protein labeling products.
For instance, in March 2021, the Quantum Leap initiative by the Quebec Consortium for Drug Discovery (CQDM), a pharma-led funding program for drug discovery research, backed pioneering translational biopharmaceutical research endeavors. These projects are expected to enhance, streamline, & expedite the drug discovery process and the development of safer & efficacious drugs. Hence, strategic initiatives like these are expected to propel market growth in Canada over the forecast period.
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Target buyers of Canada protein labeling market databook
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Our clientele includes a mix of protein labeling market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada protein labeling market , including forecasts for subscribers. This country databook contains high-level insights into Canada protein labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada protein labeling market size, by product, 2018-2030 (US$M)
Canada Protein Labeling Market Outlook Share, 2023 & 2030 (US$M)
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