Press release
Protein Engineering Global Market Report 2025: Insurgence of Protein-Based Drugs, CAGR of 15.5% and Market Growth Expected to Reach $8.33 Billion by 2029
Protein Engineering Global Market
What Is The Projected Market Size Of The Protein Engineering Global Market And Its Growth Rate?
• The protein engineering market projected to grow from $4.11 billion in 2024 to $4.69 billion in 2025 at a CAGR of 13.9%.
• The forecast period sees a rapid growth of the market to $8.33 billion in 2029 at a CAGR of 15.5%.
• The growth is spurred by the rising prevalence of chronic diseases, demand for therapeutic proteins and focus on precision medicine.
What Is Driving The Growth In The Protein Engineering Global Market?
The increasing demand for protein-based drugs is driving the protein engineering market. Genetic engineering that modifies the protein sequences is being employed to develop protein-based drugs for specific applications. For instance, as the prevalence of type-2 diabetes increases by 20% by 2030, so will demand for insulin, a protein-based drug.
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Who Are the Key Players Driving Protein Engineering Global Market Growth?
• Bruker Corporation
• Codexis Inc.
• Danaher Corporation
• Thermo Fisher Scientific Inc.
• GenScript Biotech Corporation
• Agilent Technologies Inc.
• Bio-Rad Laboratories Inc.
• New England Biolabs Inc.
• PerkinElmer Inc.
• Amgen Inc.
• InvivoGen, Enantis s.r.o., and more
What Are The Key Trends In The Protein Engineering Global Market?
• Advanced protein design tools
• High-throughput screening techniques
• Integration of AI and machine learning
• Adoption of novel protein expression systems
• Use of CRISPR and gene editing technologies
What Are The Segments Of The Global Protein Engineering Market?
1) By Product and Services: Instruments, Reagents, Services and Software
2) By Protein Type: Insulin, Monoclonal Antibodies, Vaccines, Growth Factors, Other protein types
3) By Technology: Rational Protein Design, Irrational Protein Design
4) By End User: Pharmaceutical and Biotechnology Companies, Academic Research Institutes, Contract Research Organizations
Which Region Leads The Protein Engineering Global Market?
North America was the largest region in 2024, with Asia-Pacific expected to be the fastest-growing region in the forecast period. The regions covered are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Protein Engineering Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Protein Engineering Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Protein Engineering Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Protein Engineering Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Protein Engineering Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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