South Africa Research-grade Proteins Market Size & Outlook
South Africa research-grade proteins market, 2018-2030 (US$M)
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South Africa research-grade proteins market highlights
- The South Africa research-grade proteins market generated a revenue of USD 5.4 million in 2023 and is expected to reach USD 14.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 14.7% 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 5.4 million |
| Market revenue in 2030 | USD 14.2 million |
| Growth rate | 14.7% (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, South Africa accounted for 0.6% 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 Middle East & Africa, Saudi Arabia research-grade proteins market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 10.3 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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South Africa 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 24.07% in 2023. Horizon Databook has segmented the South Africa 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.
South Africa has a very small share of the global research-grade proteins market. The two-tiered healthcare system of the country, divided along socioeconomic lines, allows citizens to buy private coverage.
Old facilities, poor quality compared to private care, poor disease prevention & control practices, and long waiting times are among the challenges faced by patients in this country. The government prioritizes primary healthcare approaches to provide healthcare facilities to the population.
Nevertheless, government initiatives to attract foreign investors & support from international organizations to enhance the quality of life in the country are expected to boost the South African market in the coming years.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa research-grade proteins market , including forecasts for subscribers. This country databook contains high-level insights into South Africa research-grade proteins market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa research-grade proteins market size, by product, 2018-2030 (US$M)
South Africa Research-grade Proteins Market Outlook Share, 2023 & 2030 (US$M)
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