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)
$4,171.4
CAGR, 2021 - 2027
16%
Report Coverage
Worldwide
Global protein engineering market, 2016-2027 (US$M)
Related Markets
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 2020 | USD 1,479.0 million |
| Market revenue in 2027 | USD 4,171.4 million |
| Growth rate | 16% (CAGR from 2020 to 2027) |
| Largest segment | Rational protein design |
| Fastest growing segment | Hybrid Approach |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rational 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 Scope
Protein engineering market segmentation & scope
Others
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
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Our clientele includes a mix of protein engineering market companies, investment firms, advisory firms & academic institutions.
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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 statistics, by regions, 2016-2027 (US$M)
Top 10 countries: Protein engineering market size, 2020 (USD Million)
Top 10 countries: Protein engineering market size, 2020 (USD Million)
Global protein engineering market, by region, 2020 (US$M)
Related regional statistics
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