“Protein Engineering Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on protein engineering market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for protein engineering? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The protein engineering market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Product and Services: Instruments; Reagents; Services and Software
- 2) By Protein Type: Insulin; Monoclonal Antibodies; Coagulation Factors; Vaccines; Growth Factors; Other Protein Types
- 3) By Technology: Irrational Protein Design; Rational Protein Design
- 4) By End User: Pharmaceutical and Biotechnology Companies; Academic Research Institutes; Contract Research Organizations
- Companies Mentioned: Bruker Corporation; Codexis Inc; Danaher Corporation; Thermo Fisher Scientific; GenScript Biotech Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the protein engineering market are: Bruker Corporation, Codexis Inc., Danaher Corporation, Thermo Fisher Scientific , GenScript Biotech Corporation, Agilent Technologies Inc., Bio-Rad Laboratories Inc., New England Biolabs, PerkinElmer Inc., Amgen Inc., InvivoGen, Enantis s.r.o., Promega Corporation, Sigma-Aldrich and Aragen,.
The global protein engineering market is expected to grow from $3.17 billion in 2022 to $3.59 billion in 2023 at a compound annual growth rate (CAGR) of 13.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The protein engineering market is expected to reach $5.87 billion in 2027 at a CAGR of 13%.
The protein engineering market consists of revenues earned by entities by providing protein engineering services through use of enzymes, interleukins, and thrombolytics. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Protein engineering is the process by which researchers can modify protein sequences through the substitution, insertion, or deletion of nucleotides within the gene that encodes them. This is done with the aim of obtaining modified proteins that are better suited to particular applications or purposes than unmodified proteins.
North America was the largest region in the protein engineering market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the protein engineeringreport are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main product and services of protein engineering include instruments, reagents, services and software. Instruments refer to tools or devices used for performing a scientific task such as protein engineering that lead to changes in the protein backbone. The protein type included in the process are insulin, monoclonal antibodies, coagulation factors, vaccines, growth factors, others. The technology involved are irrational protein design, rational protein design and are used by pharmaceutical and biotechnology companies, academic research institutes, contract research organizations.
The increasing demand for protein-based drugs is driving the protein engineering market. Proteins that are used in drugs for therapeutic activity are protein-based drugs. The protein-based drugs or therapeutic proteins are medicines that are genetically engineered versions of naturally occurring human proteins. Protein engineering modifies protein sequences through the substitution, insertion, or deletion of nucleotides within the gene that encodes them in order to modify protein-based drugs that are better suited to particular applications. For instance, according to a study by Lancet Diabetes and Endocrinology journal, nearly 80 million people with type-2 diabetes will require insulin by 2030, a rise of 20%. Thus, increasing demand for protein-based drugs is driving the protein engineering market.
Technological advancements are a key trend gaining popularity in the protein engineering market. Major companies operating in the market are advancing toward the use of a protein engineering platform to optimize therapy. For instance, in July 2021, the US-based biotechnology company, Integral Molecular, providing innovative technologies, launched RV GeneCanvas, an protein engineering platform for optimizing transgenes and other gene therapy elements. Integral Molecular has developed GeneCanvas based on its 20 years of experience optimizing the most challenging and structurally complex proteins, including GCPRs, ion channels, transporters, and viral envelopes. In addition to the company's proprietary high-throughput mutagenesis and human cell screening platforms, GeneCanvas allows for the creation and screening of large libraries of variants, which have been used in internal projects.
In July 2021, Eli Lilly and Company, a US-based pharmaceutical company, acquired Protomer Technologies for over $1 billion. With this acquistion, Lilly has access to Protomer's engineering platform, which identifies and synthesizes molecules that can sense glucose or other endogenous modulators of protein activity. Protomer Technologie is a US-based company that specializes in advanced protein therapies to sense molecular activators in the body.
The countries covered in the protein engineering market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The protein engineering market research report is one of a series of new reports from The Business Research Company that provides protein engineering market statistics, including protein engineering industry global market size, regional shares, competitors with an protein engineering market share, detailed protein engineering market segments, market trends and opportunities, and any further data you may need to thrive in the protein engineering industry. This protein engineering market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Protein Engineering Market Characteristics
3. Protein Engineering Market Trends And Strategies
4. Protein Engineering Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Protein Engineering Market
- 4.2. Ukraine-Russia War Impact On Protein Engineering Market
- 4.3. Impact Of High Inflation On Protein Engineering Market
5. Protein Engineering Market Size And Growth
- 5.1. Global Protein Engineering Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Protein Engineering Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Protein Engineering Market Segmentation
- 6.1. Global Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Instruments
- Reagents
- Services and Software
- 6.2. Global Protein Engineering Market, Segmentation By Protein Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Insulin
- Monoclonal Antibodies
- Coagulation Factors
- Vaccines
- Growth Factors
- Other Protein Types
- 6.3. Global Protein Engineering Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Irrational Protein Design
- Rational Protein Design
- 6.4. Global Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Pharmaceutical and Biotechnology Companies
- Academic Research Institutes
- Contract Research Organizations
7. Protein Engineering Market Regional And Country Analysis
- 7.1. Global Protein Engineering Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Protein Engineering Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Protein Engineering Market
- 8.1. Asia-Pacific Protein Engineering Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Protein Engineering Market
- 9.1. China Protein Engineering Market Overview
- 9.2. China Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Protein Engineering Market
- 10.1. India Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Protein Engineering Market
- 11.1. Japan Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Protein Engineering Market
- 12.1. Australia Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Protein Engineering Market
- 13.1. Indonesia Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Protein Engineering Market
- 14.1. South Korea Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Protein Engineering Market
- 15.1. Western Europe Protein Engineering Market Overview
- 15.2. Western Europe Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Protein Engineering Market
- 16.1. UK Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Protein Engineering Market
- 17.1. Germany Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Protein Engineering Market
- 18.1. France Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Protein Engineering Market
- 19.1. Eastern Europe Protein Engineering Market Overview
- 19.2. Eastern Europe Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Protein Engineering Market
- 20.1. Russia Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Protein Engineering Market
- 21.1. North America Protein Engineering Market Overview
- 21.2. North America Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Protein Engineering Market
- 22.1. USA Protein Engineering Market Overview
- 22.2. USA Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Protein Engineering Market
- 23.1. South America Protein Engineering Market Overview
- 23.2. South America Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Protein Engineering Market
- 24.1. Brazil Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Protein Engineering Market
- 25.1. Middle East Protein Engineering Market Overview
- 25.2. Middle East Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Protein Engineering Market
- 26.1. Africa Protein Engineering Market Overview
- 26.2. Africa Protein Engineering Market, Segmentation By Product and Services , Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Protein Engineering Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Protein Engineering Market Competitive Landscape And Company Profiles
- 27.1. Protein Engineering Market Competitive Landscape
- 27.2. Protein Engineering Market Company Profiles
- 27.2.1. Bruker Corporation
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Codexis Inc
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Danaher Corporation
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Thermo Fisher Scientific
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. GenScript Biotech Corporation
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Protein Engineering Market
29. Protein Engineering Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer