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Protein Analyzer Market Growth Analysis, Trends, Share, Market Size And Forecast To 2033
Protein Analyzer Market
Protein Analyzer Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $4.69 billion In 2028 At A CAGR Of 8.3% :
The protein analyzer market size has grown strongly in recent years. It will grow from $3.15 billion in 2023 to $3.41 billion in 2024 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to risen demand for high-quality imaging, growth in healthcare industry, consumer electronics boom, automotive applications, photography and videography trends.
The protein analyzer market size is expected to see strong growth in the next few years. It will grow to $4.69 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to rapid expansion of augmented reality (ar) and virtual reality (vr), continued innovation in imaging technologies, automotive industry evolution, growing importance of lidar technology, expanding applications in industrial and scientific instruments. Major trends in the forecast period include precision manufacturing techniques, rise in 3d sensing technology, optical systems in aerospace and defense, development of lightweight and compact optics, customization and specialty lens designs.
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Protein Analyzer Market Major 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
Key Driver - Increasing Demand For Protein-Rich Foods Drives Expansion In The Protein Analyzers Market
The rise in demand for protein-rich foods is expected to propel the growth of the protein analyzers market going forward. Protein-rich foods include dairy products, seeds and nuts, meat and beef, and foods that include significant amounts of protein, which is a necessary ingredient for the human body. Protein analyzers are most commonly found in restaurants and beverage labs, where they are used to determine the nutritional value and protein content of meat, milk, eggs, and other foods. For instance, in 2021, according to the Food and Agriculture Organization, a US-based intergovernmental organization, world meat output is expected to stay constant in 2020 at 328 metric tons, with total poultry meat production anticipated at 134 metric tons, up 1.2% from previous year. Therefore, the rise in demand for protein-rich foods is driving the growth of the protein analyzer market.
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Prominent Trend - Product Innovations Take Center Stage In The Protein Analyzers Market
Product innovations are the key trend gaining popularity in the protein analyzers market. Major companies involved in the protein analyzers market are focused on innovating new products to improve their observation power and sustain their position in the market. For instance, in September 2021, PerkinElmer, a US-based company that provides testing laboratories, launched its IndiScope FTIR raw milk analyzer. The device, which has a touchscreen interface, requires less training and helps eliminate errors made by humans. The solution's workflow complies with ISO, IDF, and AOAC guidelines to ensure reliability, and data can be saved through built-in USB ports or transferred to a PC (personal computer). This analyzer is intended to assist milk collecting stations in performing quick and accurate analysis to assess fair market value and ensure customers' safe raw milk supply chain. It can test milk for protein and fat content in 30 seconds and detect impurities, including water, maltodextrin, and urea.
Protein Analyzer Market Players
Major companies operating in the protein analyzer market report are 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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Largest And Fastest Growing Region In The Market
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
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Protein Analyzer Market Report Structure
3. Protein Analyzer Market Trends And Strategies
4. Protein Analyzer Market - Macro Economic Scenario
5. Protein Analyzer Market Size And Growth
…..
27. Protein Analyzer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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