Canada Protein Labeling Market Size & Outlook, 2023-2030

The protein labeling market in Canada is expected to reach a projected revenue of US$ 159.6 million by 2030. A compound annual growth rate of 10% is expected of Canada protein labeling market from 2024 to 2030.
Revenue, 2023 (US$M)
$82.0
Forecast, 2030 (US$M)
$159.6
CAGR, 2024 - 2030
10%
Report Coverage
Canada

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 2023USD 82.0 million
Market revenue in 2030USD 159.6 million
Growth rate10% (CAGR from 2023 to 2030)
Largest segmentReagents
Fastest growing segmentKits
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationReagents, Kits, Services
Key market players worldwideThermo 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 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

  • Our clientele includes a mix of protein labeling market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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)

Canada protein labeling market size, by product, 2018-2030 (US$M)

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