India Protein Labeling Market Size & Outlook, 2023-2030

The protein labeling market in India is expected to reach a projected revenue of US$ 167.1 million by 2030. A compound annual growth rate of 14.1% is expected of India protein labeling market from 2024 to 2030.
Revenue, 2023 (US$M)
$66.5
Forecast, 2030 (US$M)
$167.1
CAGR, 2024 - 2030
14.1%
Report Coverage
India

India protein labeling market highlights

  • The India protein labeling market generated a revenue of USD 66.5 million in 2023 and is expected to reach USD 167.1 million by 2030.
  • The India market is expected to grow at a CAGR of 14.1% 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 66.5 million
Market revenue in 2030USD 167.1 million
Growth rate14.1% (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, India accounted for 2.7% 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 Companies

Name Profile # Employees HQ Website

India 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 63.91% in 2023. Horizon Databook has segmented the India protein labeling market based on reagents, kits, services covering the revenue growth of each sub-segment from 2018 to 2030.


Companies & organizations are undertaking several initiatives to increase awareness of proteomics across India. For instance, in May 2023, researchers in the Department of Biological Sciences & Bioengineering at the Indian Institute of Technology Kanpur (IIT-K) revealed a regulatory mechanism for an essential category of drug targets called G Protein-coupled Receptors (GPCRs).

This discovery is important for understanding the fundamental mechanisms of cellular signaling within the body. Moreover, it can potentially streamline novel drug discovery processes for various disease conditions. Moreover, the government is undertaking initiatives to accelerate drug approvals, which is expected to boost the market in the coming decade.

The “Made in India” initiative has led to changes in regulations, and life science companies are being encouraged to develop the domestic industry rather than importing products from other countries. Furthermore, the Indian government focuses on expanding affordable healthcare facilities in the country. This has propelled the growth of the life sciences sector in India.

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Target buyers of India 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.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India protein labeling market , including forecasts for subscribers. This country databook contains high-level insights into India protein labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

India Protein Labeling Market Outlook Share, 2023 & 2030 (US$M)

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

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