Global Protein Engineering Market Size & Outlook

The protein engineering industry worldwide is expected to reach a projected revenue of US$ 4,171.4 million by 2027. A compound annual growth rate of 16% is expected of the worldwide protein engineering industry from 2021 to 2027.
Revenue, 2020 (US$M)
$1,479.0
Forecast, 2027 (US$M)
$4,171.4
CAGR, 2021 - 2027
16%
Report Coverage
Worldwide

Global protein engineering market highlights

  • The global protein engineering market generated a revenue of USD 1,479.0 million in 2020 and is expected to reach USD 4,171.4 million by 2027.
  • The market is expected to grow at a CAGR (2021 - 2027) of 16% by 2027.
  • In terms of segment, rational protein design accounted for a revenue of USD 584.8 million in 2020.
  • Hybrid Approach is the most lucrative technology segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2020.
  • Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2027.

Global data book summary

Market revenue in 2020USD 1,479.0 million
Market revenue in 2027USD 4,171.4 million
Growth rate16% (CAGR from 2020 to 2027)
Largest segmentRational protein design
Fastest growing segmentHybrid Approach
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationRational Protein Design, Directed Evolution, Hybrid Approach

Other key industry trends

  • In terms of revenue, the North America accounted for 40.3% of the global protein engineering market in 2020.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 1,319.5 million by 2027.

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Protein Engineering Market Companies

Name Profile # Employees HQ Website

Global protein engineering market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to protein engineering market will help companies and investors design strategic landscapes.


Rational protein design was the largest segment with a revenue share of 39.54% in 2020. Horizon Databook has segmented the Global protein engineering market based on rational protein design, directed evolution, hybrid approach covering the revenue growth of each sub-segment from 2016 to 2027.


  • Global Protein Engineering Technology Outlook (Revenue, USD Million, 2016-2027)
    • Rational Protein Design
    • Directed Evolution
    • Hybrid Approach
  • Global Protein Engineering Product Outlook (Revenue, USD Million, 2016-2027)
    • Instruments
    • Reagents
    • Software & Services
  • Global Protein Engineering Protein type Outlook (Revenue, USD Million, 2016-2027)
    • Insulin
    • Monoclonal Antibodies
    • Vaccines
    • Growth Factors
    • Colony Stimulating Factors
    • Coagulation Factors
    • Interferon
    • Others
  • Global Protein Engineering End Use Outlook (Revenue, USD Million, 2016-2027)
    • Academic Research Institutes
    • CROs
    • Pharma & Biotech Companies

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Target buyers of Global protein engineering market databook

  • Our clientele includes a mix of protein engineering market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global protein engineering market , including forecasts for subscribers. This global databook contains high-level insights into Global protein engineering market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Global protein engineering market size, by regions, 2016-2027 (US$M)

Top 10 countries: Protein engineering market size, 2020 (US$M)

Global protein engineering market share, by technology, 2020 & 2027 (%, US$M)

Protein engineering market: Opportunity assessment by country

Global protein engineering market, by region, 2020 (US$M)

Global protein engineering market size, by regions, 2016-2027 (US$M)

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