PUBLISHER: IMARC | PRODUCT CODE: 1298657
PUBLISHER: IMARC | PRODUCT CODE: 1298657
Protein Engineering Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global protein engineering market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.7 Billion by 2028, exhibiting a growth rate (CAGR) of 11.2% during 2023-2028.
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:
IMARC Group 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 2023-2028. 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 2022?
2. What is the expected growth rate of the global protein engineering market during 2023-2028?
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
- 10.1.1 United States
- 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
- 10.2.1 China
- 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
- 10.3.1 Germany
- 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
- 10.4.1 Brazil
- 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
- 15.3.1 Abzena Ltd.
List of Figures
- Figure 1: Global: Protein Engineering Market: Major Drivers and Challenges
- Figure 2: Global: Protein Engineering Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Protein Engineering Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Protein Engineering Market: Breakup by Product & Services (in %), 2022
- Figure 5: Global: Protein Engineering Market: Breakup by Protein Type (in %), 2022
- Figure 6: Global: Protein Engineering Market: Breakup by Technology (in %), 2022
- Figure 7: Global: Protein Engineering Market: Breakup by End User (in %), 2022
- Figure 8: Global: Protein Engineering Market: Breakup by Region (in %), 2022
- Figure 9: Global: Protein Engineering (Instruments) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Protein Engineering (Instruments) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Protein Engineering (Reagents) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Protein Engineering (Reagents) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Protein Engineering (Services and Software) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Protein Engineering (Services and Software) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Protein Engineering (Insulin) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Protein Engineering (Insulin) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Protein Engineering (Monoclonal Antibodies) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Protein Engineering (Monoclonal Antibodies) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Protein Engineering (Coagulation Factors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Protein Engineering (Coagulation Factors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Protein Engineering (Vaccines) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Protein Engineering (Vaccines) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: Global: Protein Engineering (Growth Factors) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: Global: Protein Engineering (Growth Factors) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: Global: Protein Engineering (Other Protein Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: Global: Protein Engineering (Other Protein Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Global: Protein Engineering (Irrational Protein Design) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Global: Protein Engineering (Irrational Protein Design) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Global: Protein Engineering (Rational Protein Design) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Global: Protein Engineering (Rational Protein Design) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: Global: Protein Engineering (Pharmaceutical and Biotechnology Companies) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: Global: Protein Engineering (Pharmaceutical and Biotechnology Companies) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Global: Protein Engineering (Academic Research Institutes) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Global: Protein Engineering (Academic Research Institutes) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: Global: Protein Engineering (Contract Research Organizations) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: Global: Protein Engineering (Contract Research Organizations) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: North America: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: North America: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: United States: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: United States: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Canada: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Canada: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Asia-Pacific: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Asia-Pacific: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: China: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: China: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Japan: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Japan: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: India: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: India: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: South Korea: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: South Korea: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Australia: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Australia: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Indonesia: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Indonesia: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Others: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Others: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Europe: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Europe: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Germany: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Germany: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: France: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: France: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: United Kingdom: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: United Kingdom: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Italy: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Italy: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Spain: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Spain: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 71: Russia: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 72: Russia: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Others: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 74: Others: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 75: Latin America: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 76: Latin America: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Brazil: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 78: Brazil: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 79: Mexico: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 80: Mexico: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Others: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 82: Others: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 83: Middle East and Africa: Protein Engineering Market: Sales Value (in Million US$), 2017 & 2022
- Figure 84: Middle East and Africa: Protein Engineering Market: Breakup by Country (in %), 2022
- Figure 85: Middle East and Africa: Protein Engineering Market Forecast: Sales Value (in Million US$), 2023-2028
- 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, 2022 and 2028
- Table 2: Global: Protein Engineering Market Forecast: Breakup by Product & Services (in Million US$), 2023-2028
- Table 3: Global: Protein Engineering Market Forecast: Breakup by Protein Type (in Million US$), 2023-2028
- Table 4: Global: Protein Engineering Market Forecast: Breakup by Technology (in Million US$), 2023-2028
- Table 5: Global: Protein Engineering Market Forecast: Breakup by End User (in Million US$), 2023-2028
- Table 6: Global: Protein Engineering Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 7: Global: Protein Engineering Market: Competitive Structure
- Table 8: Global: Protein Engineering Market: Key Players
