Protein Analyzers Market Size

Protein Analyzers Market size was valued at USD 3.25 Billion in 2023 and is projected to exceed USD 9.05 Billion by the end of 2036, expanding at over 8.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of protein analyzers is evaluated at USD 3.52 Billion. The beverage industry is anticipated to provide a sizable portion of the demand for protein analyzers, as it experiences rapid growth on account of changes in lifestyle. For instance, in the U.S. in 2022, the beverage industry, as a whole, witnessed sales of over USD 220 billion in a year. The increasing number of people drinking alcoholic beverages and non-alcoholic beverages such as carbonated drinks, juices, nectars, and smoothies is increasing market’s growth, as all of these are tested for their protein content in them. Energy drinks used in sports, and physical fitness also come under the category of beverages. Moreover, the rising availability of these ready-made drinks, including coffee, tea, milkshakes, and many more which are convenient to buy on the way to the office, are further anticipated to boost the market’s growth.

Protein analyzer, an efficient laboratory tool figuring out how much protein is in a sample is a protein analyzer. Protein analyzers are the most frequently used tools in laboratories of food and beverages, to determine the nutritional value of various food items such as meats, dairy products, and other food items. The growing food and beverage industries and rising demand for protein supplements increase the need for protein analyzers. When compared to the same period in FY2021-2022, India’s exports of processed food and agricultural products increased by 14% to USD 5987 million in the first 3 months of the fiscal year 2022-2023. The protein in the food products is evaluated to match the labels on the packaging. The rising preference for protein food is growing among people, as they become more health conscious. The increasing issues with obesity or overweight, and other disease conditions demand to take more protein food than fatty or carbohydrate foods to reduce complications.