China Protein Labeling Market Size & Outlook, 2023-2030
China protein labeling market, 2018-2030 (US$M)
Related Markets
China protein labeling market highlights
- The China protein labeling market generated a revenue of USD 172.8 million in 2023 and is expected to reach USD 398.3 million by 2030.
- The China market is expected to grow at a CAGR of 12.7% 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 172.8 million |
| Market revenue in 2030 | USD 398.3 million |
| Growth rate | 12.7% (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, China accounted for 7.1% 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 Asia Pacific, China protein labeling market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 167.1 million by 2030.
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Protein Labeling Market Scope
Protein Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 63.48% in 2023. Horizon Databook has segmented the China protein labeling market based on reagents, kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
China is anticipated to witness lucrative growth over the forecast period. Growth can be attributed to the rising investments in cancer research from government & private organizations. These investments help develop infrastructure for academic and research institutes using the latest technologies.
In July 2023, the European Union and China collaborated to include China in the International Consortium for Personalized Medicine (IC2PerMed) project to promote personalized medicine. Moreover, IC2PerMed, a coordination & support action funded by Horizon 2020, provided policymakers with essential strategies for aligning the global approach to personalized medicine.
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Target buyers of China 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 China protein labeling market , including forecasts for subscribers. This country databook contains high-level insights into China protein labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China protein labeling market size, by product, 2018-2030 (US$M)
China Protein Labeling Market Outlook Share, 2023 & 2030 (US$M)
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