Brazil Research-grade Proteins Market Size & Outlook
Brazil research-grade proteins market, 2018-2030 (US$M)
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Brazil research-grade proteins market highlights
- The Brazil research-grade proteins market generated a revenue of USD 10.6 million in 2023 and is expected to reach USD 29.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 15.5% from 2024 to 2030.
- In terms of segment, cytokines & growth factors was the largest revenue generating product in 2023.
- Cytokines & Growth Factors is the most lucrative product segment registering the fastest growth during the forecast period.
Research-grade proteins market data book summary
| Market revenue in 2023 | USD 10.6 million |
| Market revenue in 2030 | USD 29.2 million |
| Growth rate | 15.5% (CAGR from 2023 to 2030) |
| Largest segment | Cytokines & growth factors |
| Fastest growing segment | Cytokines & Growth Factors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cytokines & Growth Factors, Antibodies, Immune checkpoint proteins, Virus Antigens, Enzymes, Recombinant Regulatory Protein, Hormones |
| Key market players worldwide | Thermo Fisher Scientific Inc, Danaher Corp, Bio-Techne Corp, Sino Biological, Miltenyi Biotec, Proteintech Group, Prospec, New England Biolabs |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.1% of the global research-grade proteins market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil research-grade proteins market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 17.3 million by 2030.
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Research-grade Proteins Market Scope
Research-grade Proteins Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil research-grade proteins 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 research-grade proteins market will help companies and investors design strategic landscapes.
Cytokines & growth factors was the largest segment with a revenue share of 26.42% in 2023. Horizon Databook has segmented the Brazil research-grade proteins market based on cytokines & growth factors, antibodies, immune checkpoint proteins, virus antigens, enzymes, recombinant regulatory protein, hormones covering the revenue growth of each sub-segment from 2018 to 2030.
Thailand is actively developing its biopharmaceutical industry, and 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 post-COVID-19 recovery.
In November 2022, the Government Pharmaceutical Organisation (GPO) of Thailand announced to initiate Phase 3 clinical trials for its COVID-19 vaccine in December, following the receipt of Phase 2 test results, anticipated by the end of the month or early next year. Thus, the growing research activities in the region are anticipated to fuel the growth of the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil research-grade proteins market , including forecasts for subscribers. This country databook contains high-level insights into Brazil research-grade proteins market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil research-grade proteins market size, by product, 2018-2030 (US$M)
Brazil Research-grade Proteins Market Outlook Share, 2023 & 2030 (US$M)
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