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Protein Engineering Market Report by Product & Services, Protein Type, Technology, End User, and Region 2024-2032

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    Report

  • 140 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5562550
Description Jump to:
The global protein engineering market size reached US$ 3.3 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 7.8 Billion by 2032, exhibiting a growth rate (CAGR) of 10.0% during 2023-2032.

Protein engineering refers to the process of developing or changing a protein sequence to achieve the desired result. It involves the synthesis of new proteins or amendments in the existing structure or sequence and employs recombinant deoxyribonucleic acid (DNA) technology to alter amino acid sequences for novel and enhanced functions. It is widely utilized for the production of enzymes or proteins in large quantities for use in industrial settings. In recent years, researchers have successfully engineered a wide range of proteins tailored to medicine, research, industry, health, and biotechnology applications, which is escalating their demand across the globe.

Protein Engineering Market Trends:

The rising investments in synthetic biology and the improving focus toward protein-based drug development represent the primary factors driving the market growth. Additionally, there has been a significant shift toward protein therapeutics from non-protein drugs due to their associated positive clinical outcomes. This, in confluence with the widespread prevalence of protein-deficient diseases, is increasing the demand for protein engineering. Furthermore, several favorable initiatives undertaken by the government of various countries, such as increased funding for research and development (R&D) activities in the field of protein engineering, are propelling the market growth. Besides this, the advent of recombinant monoclonal antibodies (mAbs) and the increasing usage of monoclonal antibodies to treat various diseases, such as cancer and autoimmune diseases, are accelerating product adoption rates. Moreover, the ongoing research for applications of protein engineering in the agrochemical industry to generate enzymes with enhanced function to increase the crop yield or facilitate biofuel production is catalyzing the market growth. Other factors, including the escalating demand for personalized medicines, growing need for biosimilars and biologics, improving healthcare infrastructure, technological advancements, and product innovations, are also creating a positive outlook for the market.

Key Market Segmentation:

The report provides an analysis of the key trends in each sub-segment of the global protein engineering market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product & services, protein type, technology and end user.

Breakup by Product & Services:

Instruments
Reagents
Services and Software

Breakup by Protein Type:

Insulin
Monoclonal Antibodies
Coagulation Factors
Vaccines
Growth Factors
Others

Breakup by Technology:

Irrational Protein Design
Rational Protein Design

Breakup by End User:

Pharmaceutical and Biotechnology Companies
Academic Research Institutes
Contract Research Organizations

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Abzena Ltd., Agilent Technologies Inc., Amgen Inc., Bio-Rad Laboratories Inc., Bruker Corporation, Codexis Inc., Danaher Corporation, Eli Lilly and Company, General Electric Company, Merck KGaA, Novo Nordisk A/S, PerkinElmer Inc., Thermo Fisher Scientific Inc. and Waters Corporation.

Key Questions Answered in This Report

1. What was the size of the global protein engineering market in 2023?
2. What is the expected growth rate of the global protein engineering market during 2024-2032?
3. What are the key factors driving the global protein engineering market?
4. What has been the impact of COVID-19 on the global protein engineering market?
5. What is the breakup of the global protein engineering market based on the product and services?
6. What is the breakup of the global protein engineering market based on the protein type?
7. What is the breakup of the global protein engineering market based on the technology?
8. What is the breakup of the global protein engineering market based on the end user?
9. What are the key regions in the global protein engineering market?
10. Who are the key players/companies in the global protein engineering market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Protein Engineering Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product & Services
6.1 Instruments
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Reagents
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Services and Software
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Protein Type
7.1 Insulin
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Monoclonal Antibodies
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Coagulation Factors
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Vaccines
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Growth Factors
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Technology
8.1 Irrational Protein Design
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Rational Protein Design
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Pharmaceutical and Biotechnology Companies
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Academic Research Institutes
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Contract Research Organizations
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Abzena Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Agilent Technologies Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 Amgen Inc.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Bio-Rad Laboratories Inc.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Bruker Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Codexis Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Danaher Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Eli Lilly and Company
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 General Electric Company
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Merck KGaA
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Novo Nordisk A/S
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 PerkinElmer Inc.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 Thermo Fisher Scientific Inc.
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
15.3.14 Waters Corporation
15.3.14.1 Company Overview
15.3.14.2 Product Portfolio
15.3.14.3 Financials
15.3.14.4 SWOT Analysis
List of Figures
Figure 1: Global: Protein Engineering Market: Major Drivers and Challenges
Figure 2: Global: Protein Engineering Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Protein Engineering Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Protein Engineering Market: Breakup by Product & Services (in %), 2023
Figure 5: Global: Protein Engineering Market: Breakup by Protein Type (in %), 2023
Figure 6: Global: Protein Engineering Market: Breakup by Technology (in %), 2023
Figure 7: Global: Protein Engineering Market: Breakup by End User (in %), 2023
Figure 8: Global: Protein Engineering Market: Breakup by Region (in %), 2023
Figure 9: Global: Protein Engineering (Instruments) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Protein Engineering (Instruments) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Protein Engineering (Reagents) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Protein Engineering (Reagents) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Protein Engineering (Services and Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Protein Engineering (Services and Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Protein Engineering (Insulin) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Protein Engineering (Insulin) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Protein Engineering (Monoclonal Antibodies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Protein Engineering (Monoclonal Antibodies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Protein Engineering (Coagulation Factors) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Protein Engineering (Coagulation Factors) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Protein Engineering (Vaccines) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Protein Engineering (Vaccines) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Protein Engineering (Growth Factors) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Protein Engineering (Growth Factors) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Protein Engineering (Other Protein Types) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Protein Engineering (Other Protein Types) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Protein Engineering (Irrational Protein Design) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Protein Engineering (Irrational Protein Design) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Protein Engineering (Rational Protein Design) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Protein Engineering (Rational Protein Design) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Protein Engineering (Pharmaceutical and Biotechnology Companies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Protein Engineering (Pharmaceutical and Biotechnology Companies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Protein Engineering (Academic Research Institutes) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Protein Engineering (Academic Research Institutes) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Protein Engineering (Contract Research Organizations) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Protein Engineering (Contract Research Organizations) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: North America: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: North America: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: United States: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: United States: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Canada: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Canada: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Asia-Pacific: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Asia-Pacific: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: China: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: China: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Japan: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Japan: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: India: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: India: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: South Korea: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: South Korea: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Australia: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Australia: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Indonesia: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Indonesia: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Others: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Others: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Europe: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Europe: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Germany: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Germany: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: France: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: France: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: United Kingdom: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: United Kingdom: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: Italy: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: Italy: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Spain: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Spain: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Russia: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Russia: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Others: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Others: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Latin America: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Latin America: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Brazil: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Brazil: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Mexico: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Mexico: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Others: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Others: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Middle East and Africa: Protein Engineering Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Middle East and Africa: Protein Engineering Market: Breakup by Country (in %), 2023
Figure 85: Middle East and Africa: Protein Engineering Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 86: Global: Protein Engineering Industry: SWOT Analysis
Figure 87: Global: Protein Engineering Industry: Value Chain Analysis
Figure 88: Global: Protein Engineering Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Protein Engineering Market: Key Industry Highlights, 2023 and 2032
Table 2: Global: Protein Engineering Market Forecast: Breakup by Product & Services (in Million US$), 2024-2032
Table 3: Global: Protein Engineering Market Forecast: Breakup by Protein Type (in Million US$), 2024-2032
Table 4: Global: Protein Engineering Market Forecast: Breakup by Technology (in Million US$), 2024-2032
Table 5: Global: Protein Engineering Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 6: Global: Protein Engineering Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Protein Engineering Market: Competitive Structure
Table 8: Global: Protein Engineering Market: Key Players

Companies Mentioned

  • Abzena Ltd.
  • Agilent Technologies Inc.
  • Amgen Inc.
  • Bio-Rad Laboratories Inc.
  • Bruker Corporation
  • Codexis Inc.
  • Danaher Corporation
  • Eli Lilly and Company
  • General Electric Company
  • Merck KGaA
  • Novo Nordisk A/S
  • PerkinElmer Inc.
  • Thermo Fisher Scientific Inc.
  • Waters Corporation

Methodology

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Table Information

Report AttributeDetails
No. of Pages140
PublishedJuly 2024
Forecast Period2023 - 2032
Estimated Market Value ( USD ) in 2023 $ 3.3 Billion
Forecasted Market Value ( USD ) by 2032 $ 7.8 Billion
Compound Annual Growth Rate10.0%
Regions CoveredGlobal
No. of Companies Mentioned14

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