Protein Analyzers Market 2022 : Key Players, SWOT Analysis, Key Indicators, Forecast and COVID 19 Impact Analysis 2031

Protein Analyzers Market Outlook 2031

The global protein analyzers market was valued at US$ 2.5 Bn in 2021

The global market is projected to advance at a CAGR of 8.5% from 2022 to 2031

The global protein analyzers market is anticipated to reach more than US$ 5.6 Bn by the end of 2031

Analysts' Viewpoint on Protein Analyzers Market Scenario

Increase in emphasis on drug discovery and development is driving the global protein analyzers market. Protein analysis is a vital stage of pharma and biologic product development to identify potential drug candidates. Hence, discovery of new and advanced drugs has received a significant boost with the rapid adoption of novel drug therapies. Therefore, rise in usage of protein analyzers in the pharmaceutical industry is expected to propel the global market during the forecast period. The global protein analyzers market has been witnessing extensive developments since the last few decades due to the rise in expenditure on drug discovery & development. Growth of the market can also be ascribed to the increase in application of protein analyzers in agriculture, rise in demand for protein-rich foods, and surge in usage of protein analyzers in the pharmaceutical industry. Protein analyzers are extensively used in food protein analysis in the food industry.

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Protein Analyzers Market Introduction

Protein analyzer is a laboratory tool used to detect the amount of protein in a sample. This tool is commonly found in food and beverage laboratories, where it is used to evaluate the nutritional value of meat, dairy products, and other foods. Automatic protein analyzers and semi-automatic protein analyzers are the two types of protein analyzers. The Dumas and the Kjeldahl methods used for food protein determination are based on analysis of the total nitrogen content in samples. Increase in popularity of protein supplements among the millennials coupled with their interest in maintaining health through a balanced diet is expected to drive the demand for protein supplements during the forecast period. Protein-rich foods are included in most diets. Hence, demand for food protein analysis is increasing. This, in turn, is expected to drive the global protein analyzers market during the forecast period.

Increase in Application of Protein Analyzers in Agriculture to Drive Global Market

Rise in technological developments in equipment and testing methodologies is likely to provide lucrative opportunities to the global protein analyzers market in the near future. In May 2020, Next Instruments Pty Ltd. and Trimble announced that Next Instruments had been chosen as a Trimble select business partner for agriculture. As a Trimble select business partner, Next Instruments' CropScan 3300H On Combine Analyzer and CropScanAg Solutions Mapping Service would be available to customers through the Trimble and Vantage distribution networks in the U.S. and Australia. The CropScan 3300H On Combine Analyzer is a leading near infrared (NIR) analyzer designed to measure protein, moisture, starch, and oil in grains and oilseeds, as they are stripped in a combine harvester. Germany-made Agricheck protein analyzer is a cost-effective solution for grain and seed analysis. Demand for grain protein analyzer is expected to rise in the next few years owing to the widespread adoption of analyzers in emerging economies. Additionally, the market is expected to be propelled by the adoption of new and highly efficient equipment; and promising government initiatives in the farming sector in Asia Pacific and South America.

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Rise in Demand for Protein-rich Foods to Propel Global Market

Increase in global population is driving the demand for protein as a food-nutritional component. The high protein trend is gaining traction and is expected to continue to evoke interest in the next few years. According to the UN Food and Agriculture Organization (FAO) forecast, demand for food across the globe in 2050, particularly for protein, would be twice the demand witnessed in 2013. Consumers have become more aware about the benefits of protein in supporting an active lifestyle. A protein-rich diet has also been proven to alleviate several health concerns. Consumers are aware that they need to include a certain amount of protein in their daily diet. According to the European Association for the Study of Diabetes (EASD), high protein diets improve blood sugar control in patients with type 2 diabetes without any adverse effects on kidney function.

Rise in need to meet the nutritional requirements of the growing population has prompted manufacturers of functional foods to increasingly incorporate proteins into their products. Protein analyzer is a device that helps food & beverage companies determine the nutritional content, especially the protein content, of food products. Thus, growth in demand for protein-rich foods is boosting the protein analyzers market size.

Surge in Demand for Protein-rich Grains Bolstering Protein Analyzers Segment

Rise in demand for protein-rich grains; growth in investment in R&D by market players; deep insights into the overall usage of grain protein analyzers in other applications; and launch of new facilities are driving the protein analyzers segment. Major players are focusing on various strategies such as launch of new products, partnerships, and collaborations. Thus, the protein analyzers market forecast appears positive.

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Easy Usage and Automation Driving Adoption for DUMAS Technique

The DUMAS method is automated and easy to use. It is also considerably faster than the Kjeldahl method, taking a few minutes per measurement, compared to an hour or more for Kjeldahl. Additionally, grain inspection services in the U.S., Canada, and Australia recognize the DUMAS method. Market players are focusing on development of DUMAS protein analyzers, such as Velp Scientifica's NDA 701 and NDA 702 DUMAS nitrogen protein analyzer, which are designed for continuous work with fully automated processes. Furthermore, Dumas high-temperature combustion method has been broadly accepted in laboratory operations for the determination of protein content of food and feedstuff.

Increase in Demand for Protein-rich Food and Stringent Safety & Quality Regulations Boosting Food & Feed Segment

Protein analyzer is a device that helps food & beverage companies carry out food protein analysis. Increase in demand for protein-rich food and stringent safety & quality regulations for food & feed are driving the food & feed segment. Additionally, growth of the food & beverage industry and increase in emphasis on product quality by governments have fueled the demand for grain protein analyzers, which allow authorities to check product quality at any stage of the manufacturing process.

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Regional Outlook of Global Protein Analyzers Market

North America is projected to witness strong growth in the global protein analyzers market during the forecast period. Technological advancements and increase in demand for protein supplements are driving the protein analyzers market in North America. According to Suzy and New Hope Survey, 31% consumers reported an increase in consumption of protein supplements in the U.S. in 2020.

Asia Pacific has emerged as one of the fastest growing markets for protein analyzers. Improvement in economic conditions and rise in disposable income are key drivers of the protein analyzers market share of the region. The market in Asia Pacific is projected to offer significant opportunities to players owing to the rise in focus on using protein analysis-based technologies for drug discovery, increase in R&D initiatives to develop innovative proteomic and genomic techniques, diversified healthcare markets, and improvement in research infrastructure. Economic growth in several countries in Latin America and Middle East & Africa has encouraged companies to adopt grain analysis methods. This is propelling the protein analyzers market in these regions.

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Analysis of Key Players in Global Protein Analyzers Market

Leading players in the global protein analyzers market are investing in research and development activities, and providing deep insights into the overall use of protein analyzers in other applications. Key players operating in the global protein analyzers market are PerkinElmer, Inc., Thermo Fisher Scientific, GE Healthcare, LECO Corporation, Shimadzu Corporation, Agilent Technologies, Inc., and VELP Scientifica.

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