The Latin America protein purification & isolation market size is estimated to reach USD 1.26 billion by 2030, expanding at a CAGR of 9.0% from 2025 to 2030. Rising R&D activities by pharmaceutical companies are expected to boost the demand for purification & isolation of proteins for preclinical drug development phase.
In addition, technology is advancing in line with the rising need for more accurate and rapid purification & isolation of proteins. For instance, ProteoSpin Inclusion Body Protein Isolation Micro and Maxi Kits rapidly isolates body proteins under 60 minutes. Thus, increasing use of rapid and robust kits is expected to fuel the market growth during the forecast period.
Furthermore, favorable government policies are anticipated to boost the market growth. The NAFTA renegotiation in Mexico is focusing on shaping regulatory frameworks and laws to facilitate international transfer of skills and capital. The NAFTA renegotiation and Trans-Pacific Partnership negotiations are expected to lead to the growth of the biotechnology market in this country.
Increase in academic institutes conducting research studies on protein purification is anticipated to boost the development of new ways to combat diseases, thereby fueling market growth. For instance, in November 2017, a study research was published in Protein Expression and Purification demonstrating purification of Andes virus glycoproteins Gn and Gcto. It was found that the protein can be useful in development of a vaccine against Andes virus.
Brazil dominated the market in 2019 owing to the presence of well-established computational approaches for analyzing various techniques, advancements in mass spectrometry-based purification methods combined with new researches in this field that strengthen research and emphasize the importance of science in the Brazilian society. However, Chile is anticipated to be the fastest-growing country during the forecast period.
This product will be delivered within 1-3 business days.
In addition, technology is advancing in line with the rising need for more accurate and rapid purification & isolation of proteins. For instance, ProteoSpin Inclusion Body Protein Isolation Micro and Maxi Kits rapidly isolates body proteins under 60 minutes. Thus, increasing use of rapid and robust kits is expected to fuel the market growth during the forecast period.
Furthermore, favorable government policies are anticipated to boost the market growth. The NAFTA renegotiation in Mexico is focusing on shaping regulatory frameworks and laws to facilitate international transfer of skills and capital. The NAFTA renegotiation and Trans-Pacific Partnership negotiations are expected to lead to the growth of the biotechnology market in this country.
Increase in academic institutes conducting research studies on protein purification is anticipated to boost the development of new ways to combat diseases, thereby fueling market growth. For instance, in November 2017, a study research was published in Protein Expression and Purification demonstrating purification of Andes virus glycoproteins Gn and Gcto. It was found that the protein can be useful in development of a vaccine against Andes virus.
Brazil dominated the market in 2019 owing to the presence of well-established computational approaches for analyzing various techniques, advancements in mass spectrometry-based purification methods combined with new researches in this field that strengthen research and emphasize the importance of science in the Brazilian society. However, Chile is anticipated to be the fastest-growing country during the forecast period.
Latin America Protein Purification & Isolation Market Report Highlights
- Consumables dominated the market in 2024 owing to the easy availability of advanced purification kits that enable rapid & accurate screening, purification, preparation, and concentration of protein samples
- In March 2024, Bio-Rad Laboratories, Inc. appointed Roop K. Lakkaraju as Executive Vice President and Chief Financial Officer, effective April 15, leveraging his extensive financial leadership experience from Benchmark Electronics and other firms.
- Protein-protein interaction studies was the dominant application segment in 2024 due to its high adoption for deriving highly purified proteins
- The drug screening segment is projected to witness the highest growth rate over the forecast period owing to the development of drugs with a higher efficacy & fewer side effects than existing drugs
- Academic and research institutes held the largest share of the market in 2024 due to the increased number of research initiatives in academic institutes for structural & functional proteomics
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments
- Competitive Landscape: Explore the market presence of key players worldwide
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
The leading players in the Latin America Protein Purification & Isolation market include:
- Thermo Fisher Scientific, Inc.
- Merck KGaA
- Bio-Rad Laboratories, Inc.
- Agilent Technologies, Inc.
- Promega Corporation
- General Electric Company
- Norgen Biotek Corp.
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Latin America Protein Purification & Isolation Market Variables, Trends, & Scope
Chapter 4. Latin America Protein Purification & Isolation Market: Product Business Analysis
Chapter 5. Latin America Protein Purification & Isolation Market: Technology Business Analysis
Chapter 6. Latin America Protein Purification & Isolation Market: Application Business Analysis
Chapter 7. Latin America Protein Purification & Isolation Market: End Use Business Analysis
Chapter 8. Latin America Protein Purification & Isolation Market: Country Estimates & Trend Analysis by Product, Technology, Application, and End Use
Chapter 9. Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- Thermo Fisher Scientific, Inc.
- Merck KGaA
- Bio-Rad Laboratories, Inc.
- Agilent Technologies, Inc.
- Promega Corporation
- General Electric Company
- Norgen Biotek Corp.
Methodology
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | October 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 742.6 Million |
| Forecasted Market Value ( USD | $ 1260 Million |
| Compound Annual Growth Rate | 9.0% |
| Regions Covered | Latin America |
| No. of Companies Mentioned | 7 |
