Mexico Protein Labeling Market Size & Outlook, 2023-2030
Mexico protein labeling market, 2018-2030 (US$M)
Related Markets
Mexico protein labeling market highlights
- The Mexico protein labeling market generated a revenue of USD 32.3 million in 2023 and is expected to reach USD 48.6 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6% 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 32.3 million |
| Market revenue in 2030 | USD 48.6 million |
| Growth rate | 6% (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, Mexico accounted for 1.3% 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 Latin America, Brazil protein labeling market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 79.7 million by 2030.
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Protein Labeling Market Scope
Protein Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 63.16% in 2023. Horizon Databook has segmented the Mexico protein labeling market based on reagents, kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is witnessing significant growth, propelled by the advancements in biotechnology and the growing focus on personalized medicine. In December 2022, the Newton Fund, a UK initiative, supported Mexican scientists in developing vaccines targeting chikungunya, Zika, and dengue.
Moreover, in May 2023, the government announced that the Patria COVID-19 vaccine was prepared for use as a booster after the final testing. For 2 years, the development process of the Patria COVID-19 vaccine was under process, which was finally approved by the government.
Furthermore, according to Cohortias International, a CRO of LATAM, the personalized clinical trials in Mexico’s healthcare system have significant implications. By modifying treatments for the patients who are most likely to gain benefits, healthcare resources can be utilized more effectively, reducing costs and enhancing healthcare delivery.
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Target buyers of Mexico 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico protein labeling market , including forecasts for subscribers. This country databook contains high-level insights into Mexico protein labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico protein labeling market size, by product, 2018-2030 (US$M)
Mexico Protein Labeling Market Outlook Share, 2023 & 2030 (US$M)
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