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Grain Protein Analyzer Market Trends, Size, Share, Status, Analysis And Forecast To 2027
The global grain protein analyzer market is anticipated to expand at a robust CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rapid growth of the food & beverage industry, which in turn, has led to the use of various instrument tools to provide high-quality food products.
Protein analyzer is a device that helps the food & beverage companies to determine the nutritional content, especially the protein content, of the food product. Currently, consumers are checking the nutritional content before buying any food product, which has made it a vital product in the industry. Manufacturers are focusing on the development of product that minimizes the time and provides accurate values.
Market Trends, Drivers, Restraints, and Opportunities:
• Growing government spending on the development of agriculture infrastructure is anticipated to spur the market during the forecast period.
• Rising awareness about protein analyzer among the local manufacturers is expected to positively influence the market growth.
• The COVID-19 pandemic had led to the lockdown ...
... of the manufacturing facilities across the globe. This, in turn, had disrupted the supply chain activities across the globe. However, the manufacturing facilities are gradually opening and is expected to result in the recovering of the market soon.
• Increasing investment in the R&D activities is expected to stimulate the market growth.
• Rising population and food demand across the globe is speculated to act as a key driver for the market.
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Scope of the Report
The report on the global grain protein analyzer market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Grain Protein Analyzer Market Segment Insights
In terms of types, the grain protein analyzer market is divided into portable grain analyzers, benchtop grain analyzers, and others. The portable grain analyzer segment is expected to constituent a major share during the forecast period due to its cost-effectiveness and easy to carry nature. Most of the food & beverage companies are using portable devices to check the food quality during the production process while inspection communities are utilizing the same. However, the benchtop grain analyzer is estimated to hold a substantial share of the market during the analysis period. Increasing number of laboratories owing to the boost in the food & beverage industry is propelling the growth of the market segment.
Based on applications, the global grain protein analyzer market is segmented into farms, laboratories, seed companies, and others. The seed companies segment is anticipated to account for a significant share during the forecast period owing to advanced features of grain analyzer device. However, the laboratories segment is estimated to hold a substantial share of the market during the analysis period owing to the adoption of the latest technologies for the testing of the food products. On the other hand, the farm segment is expected to grow at a healthy rate owing to increasing food consumption and reduced arable land.
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific dominated the grain protein analyzer market owing to the increasing number of product manufacturers in the region, which has resulted in the development of innovative products. Moreover, the presence of major countries that rely on agriculture as an occupation such as India and China is propelling the growth of the market in this region. On the other hand, the number of African-based countries relying on agriculture for the major percentage of GDP is expected to spur the growth of the market in Middle East & Africa.
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