Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Protein Engineering Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Protein Engineering Market Grow Between 2024 and 2025?
The historical trend in the Protein Engineering Global Market Report 2025 market reveals rapid growth, with the market size rising from $4.11 billion in 2024 to $4.62 billion in 2025. The compound annual growth rate (CAGR) during this period was 12.3%.
How Much Will the Protein Engineering Market Be Worth in 2029?
The Protein Engineering Global Market is predicted to reach a value of $8.06 billion in 2029, growing at a compound annual growth rate (CAGR) of 14.9%.
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Which Protein Engineering Market Drivers Are Linked to Revenue Growth?
The key drivers in the protein engineering market are:
• Increasing demand for therapeutic proteins
• Advancements in biotechnology, research and drug development
• Rising prevalence of chronic diseases
• Focus on precision medicine
Which Segments Are Expected to Grow in the Protein Engineering Market?
The protein engineeringmarket covered in this report is segmented –
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
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What Are The Key Trends Impacting Growth In The Global Protein Engineering Market?
The key trends in the protein engineering market are:
• Advanced protein design tools are gaining prominence to shape the market
• The use of high-throughput screening techniques is an emerging trend
• The market is being shaped by artificial intelligence and machine learning advancements
• The adoption of new protein expression systems, CRISPR, and gene editing technologies is a significant trend
Who Are the Key Competitors in the Global Protein Engineering Market?
Major players in the protein engineering market are:
• 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.
• Promega Corporation
• Merck KGaA
• Aragen Bioscience Inc.
• Creative BioMart
• Waters Corporation
• Genentech Inc.
• Novartis AG
• Pfizer Inc.
• Roche Holding AG
• Sanofi S.A.
• GlaxoSmithKline PLC
• Johnson & Johnson
• Eli Lilly and Company
• AbbVie Inc.
• Bristol-Myers Squibb Company
• AstraZeneca PLC
• Biogen Inc.
• Abzena plc.
Where Is the Protein Engineering Market Growing Fastest Between 2025 and 2029?
North America was the largest region in the protein engineering market share in 2024
