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 |
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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 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.
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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