Protein Analyzers Market Trends

Growth Drivers

• Rising Production of Animal Feed with Increasing Livestock Population – There is an increase in animal feed consumption owing to population growth, changing lifestyles, and dietary habits. This leads to an increased demand for animal feed, and it is anticipated to boost the growth of the global protein analyzers market. More than 1 billion tons of compound feed are produced worldwide each year. More than USD 400 million in revenue is reportedly generated annually by the production of commercial feeds worldwide.

• Increasing Rate of Fertilizer Production Owing to Rising Agricultural Land – The global production of Nitrogen, Phosphorus, and Potash fertilizers was 318,700 thousand tons in 2022, which was up from 313,500 thousand tons in 2020.

• Increasing Production of Beer with Rising Beverage Industries – Global beer production rose from 1.78 billion hectoliters in 2020 to approximately 1.87 billion hectolitres in 2021.

• Expanding Worldwide Population Increases the Demand for More Food – The worldwide population rose to around 7,983,241,075 as of October 2022

Challenges

• Does not Give True Protein Measure – as the nitrogen in all foods is not in the protein form. Also, various amino acids require different corrections as they are made from different sequences of amino acids. Furthermore, it is difficult to extract protein quantitatively from processed food items as the proteins are covalently bound together. This inaccuracy in measurement is estimated to hinder market growth in the coming years.

• Strict Guidelines for Biologics Production
• Prolonged Licensing Process