Saudi Arabia Protein Labeling Market Size & Outlook
Saudi Arabia protein labeling market, 2018-2030 (US$M)
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Saudi Arabia protein labeling market highlights
- The Saudi Arabia protein labeling market generated a revenue of USD 10.1 million in 2023 and is expected to reach USD 16.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.6% 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 10.1 million |
| Market revenue in 2030 | USD 16.9 million |
| Growth rate | 7.6% (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, Saudi Arabia accounted for 0.4% 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 Middle East & Africa, South Africa protein labeling market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 16.9 million by 2030.
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Protein Labeling Market Scope
Protein Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 64.36% in 2023. Horizon Databook has segmented the Saudi Arabia protein labeling market based on reagents, kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
The protein labeling market growth in Saudi Arabia can be attributed to various initiatives undertaken by the government to expand the biotechnology sector in the country. Moreover, according to the May 2023 press release, the government of Saudi Arabia introduced regulatory changes aimed at promoting investment and facilitating the growth of the domestic pharmaceutical sector. Hence, rising initiatives are expected to propel market growth in the country.
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Target buyers of Saudi Arabia 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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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 Saudi Arabia protein labeling market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia protein labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia protein labeling market size, by product, 2018-2030 (US$M)
Saudi Arabia Protein Labeling Market Outlook Share, 2023 & 2030 (US$M)
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