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. For instance, in May 2023, GE HealthCare, a medical equipment company, officially initiated the Precision Medicine Industrial Base project in Chengdu Tianfu International Bio-town.
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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