UK Protein Labeling Market Size & Outlook, 2023-2030
UK protein labeling market, 2018-2030 (US$M)
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UK protein labeling market highlights
- The UK protein labeling market generated a revenue of USD 140.7 million in 2023 and is expected to reach USD 258.4 million by 2030.
- The UK market is expected to grow at a CAGR of 9.1% 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 2023 | USD 140.7 million |
| Market revenue in 2030 | USD 258.4 million |
| Growth rate | 9.1% (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, UK accounted for 5.8% 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 Europe, Germany protein labeling market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 282.9 million by 2030.
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Protein Labeling Market Scope
Protein Labeling Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 64.18% in 2023. Horizon Databook has segmented the UK protein labeling market based on reagents, kits, services covering the revenue growth of each sub-segment from 2018 to 2030.
The UK-based biotech firms are outperforming their European counterparts in securing early-stage funding. Between 2018 and 2020, biotech start-ups in the country raised USD 3.6 billion, marking a 20% increase compared to the funds raised from 2015 to 2017. Consequently, the country’s R&D services sector is poised for significant growth in the upcoming decade.
Moreover, in March 2023, the UK government announced plans to allocate USD 295.35 million (£277 million) to support manufacturing projects in medical diagnostics & human medicines of four life sciences companies in the UK. This funding is a combination of government support & private investment to enhance the manufacturing & innovation capabilities of the UK life sciences sector. Such developments are expected to drive market growth in the UK.
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Target buyers of UK 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 UK protein labeling market , including forecasts for subscribers. This country databook contains high-level insights into UK protein labeling market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK protein labeling market size, by product, 2018-2030 (US$M)
UK Protein Labeling Market Outlook Share, 2023 & 2030 (US$M)
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