Protein Analyzer Global Market Analysis 2024: Key Growth Drivers and Forecast

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Overview and Scope
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.

Sizing and Forecast
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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Segmentation & Regional Insights
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

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

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Major Driver Impacting Market Growth
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.

Key Industry 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.

The protein analyzer  market report table of contents includes:

1. Executive Summary
2. Protein Analyzer Market Characteristics
3. Protein Analyzer Market Trends And Strategies
4. Protein Analyzer Market – Macro Economic Scenario
5. Global Protein Analyzer Market Size and Growth
31. Global Protein Analyzer Market Competitive Benchmarking
32. Global Protein Analyzer Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Protein Analyzer Market
34. Protein Analyzer Market Future Outlook and Potential Analysis
35. Appendix

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