Global Protein Analyzer Market Size 2024, Forecast To 2033
6 Mar, 2024
The protein analyzer market size has demonstrated robust growth, surging from $3.15 billion in 2023 to $3.41 billion in 2024, with a compound annual growth rate (CAGR) of 8.2%. This growth in the historic period is associated with increased demand for high-quality imaging, expansion in the healthcare industry, the boom in consumer electronics, applications in the automotive sector, and prevailing trends in photography and videography. Moving forward, the market is anticipated to experience strong growth, reaching $4.69 billion in 2028, with a slightly higher CAGR of 8.3%. The growth in the forecast period can be attributed to the rapid expansion of augmented reality (AR) and virtual reality (VR), ongoing innovation in imaging technologies, evolution in the automotive industry, the growing importance of lidar technology, and expanding applications in industrial and scientific instruments. Key trends in the forecast period encompass precision manufacturing techniques, the rise in 3D sensing technology, optical systems in aerospace and defense, the development of lightweight and compact optics, and the customization of specialty lens designs.
Global Protein Analyzer Market Key Driver
The escalating demand for protein-rich foods is set to drive the growth of the protein analyzers market. Protein-rich foods encompass a variety of products, including dairy, seeds and nuts, meat and beef, essential for the human body's nutritional needs. Protein analyzers, predominantly utilized in restaurants and beverage labs, play a vital role in determining the nutritional value and protein content of meat, milk, eggs, and other food items. In 2021, the Food and Agriculture Organization reported that world meat output was expected to remain constant at 328 metric tons in 2020, with poultry meat production anticipated to reach 134 metric tons, a 1.2% increase from the previous year. This steady demand for protein-rich foods underscores the significance of protein analyzers in assessing nutritional content. Hence, the rising demand for protein-rich foods is a key factor driving the growth of the protein analyzers market, with market sizes for 2023, 2024, and 2028 serving as essential benchmarks.
Get A Free Sample Of The Global Protein Analyzer Market ReportGlobal Protein Analyzer Market Segments
The protein analyzer market covered in this report is segmented –
1) By Type: Automatic Analyzers, Semi-Automatic Analyzers, Kits And Reagents, Other Types
2) By Technique: DUMAS, Near-infrared spectrometers (NIR), Kjeldahl Method, Chromatography
3) By Application: Biological Professional, Food Professional
4) By End User: Food And Feed, Agriculture, Pharma
By Geography:The regions covered in the protein analyzer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the protein analyzers market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global protein analyzers market report during the forecast period. The regions covered in the protein analyzer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Protein Analyzer Industry Players
VELP Scientifica Srl, Elementar Analysensysteme GmbH, C. Gerhardt GmbH & Co. KG, CEM Corporation, Goldsite Diagnostics Incorporation, Meril Life Sciences Pvt. Ltd., Perlong Medical Equipment Co. Ltd., Agappe Diagnostics Pvt. Ltd., Agilent Technologies Incorporation, GE HealthCare Technologies Inc., Hycel Handelsgeselschaft m.b.H., LECO Corporation, PerkinElmer Inc., Shenzhen Genius Electronics Co. Ltd., Shimadzu Corporation, Thermo Fisher Scientific Inc., Keurig Dr Pepper Inc., Panasonic Holdings Corporation, De'Longhi S.p.A., Koninklijke Philips N.V., Hamilton Beach, Archer Daniels Midland Company, Darling Ingredients Inc., Glanbia PLC, International Flavors & Fragrances Inc., Kerry Group PLC, The Agropur Dairy Cooperative, Ajinomoto Co. Inc., Südzucker Group, Arla Foods amba, Bunge Limited, CHS Inc.
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Protein Analyzer Market Overview
A protein analyzer is a type of laboratory equipment that is used to determine the concentration, purity, and molecular weight of proteins in a sample. These are essential tools for researchers in the fields of biochemistry and molecular biology, as they allow for accurate analysis and characterization of protein samples.
Protein Analyzer Global Market Report 2023 provides data on the global protein analyzer market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The protein analyzer market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.