Thailand Protein Labeling Market Size & Outlook, 2023-2030
Thailand protein labeling market, 2018-2030 (US$M)
Related Markets
Thailand protein labeling market highlights
- The Thailand protein labeling market generated a revenue of USD 21.0 million in 2023 and is expected to reach USD 30.1 million by 2030.
- The Thailand market is expected to grow at a CAGR of 5.3% 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 21.0 million |
| Market revenue in 2030 | USD 30.1 million |
| Growth rate | 5.3% (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, Thailand accounted for 0.9% 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 |
|---|
Thailand 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 63.33% in 2023. Horizon Databook has segmented the Thailand protein labeling market based on reagents, kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand is actively developing its biopharmaceutical industry, and biologics & cell therapy is one of the key focus areas. The country is investing in R&D, creating favorable policies, and building infrastructure to support the growth of the sector. Biotechnology is designated as a priority sector for promoting postCOVID-19 recovery.
The Board of Investment (BOI) authorized major projects in this field valued around THB 2.4 million (USD 0.071 million) during the first quarter of 2021. Moreover, in November 2022, the Government Pharmaceutical Organization (GPO) of Thailand initiated Phase 3 clinical trials for its COVID-19 vaccine in December, following the receipt of Phase 2 test results. Hence, the growing research activities in the region are anticipated to fuel the growth of the market.
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Target buyers of Thailand 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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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 Thailand protein labeling market , including forecasts for subscribers. This country databook contains high-level insights into Thailand protein labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand protein labeling market size, by product, 2018-2030 (US$M)
Thailand Protein Labeling Market Outlook Share, 2023 & 2030 (US$M)
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