Mexico Protein Engineering Market Size & Outlook
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Mexico protein engineering market highlights
- The Mexico protein engineering market generated a revenue of USD 40.5 million in 2023 and is expected to reach USD 104.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 14% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Protein engineering market data book summary
| Market revenue in 2023 | USD 40.5 million |
| Market revenue in 2030 | USD 104.0 million |
| Growth rate | 14% (CAGR from 2024 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Instruments |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagents, Software & Services |
| Key market players worldwide | Agilent Technologies, Bruker Corp, Thermo Fisher Scientific Inc, PerkinElmer, Waters Corp, Bio-Rad Laboratories Inc, Merck KGaA, Danaher Corp, Genscript Biotech Corp Class H, Amgen Inc |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.6% of the global protein engineering market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil protein engineering market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 215.6 million by 2030.
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Protein Engineering Market Scope
Protein Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Genscript Biotech Corp Class H | View profile | 6937 | No. 28, Yongxi Road, Jiangning Science Park, Jiangsu Province, Nanjing, China, People's Republic of, 211100 | https://www.genscript.com |
| Agilent Technologies | View profile | 10001+ | Santa Clara, California, United States, North America | http://www.agilent.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Waters Corp | View profile | 7900 | 34 Maple Street, Milford, MA, United States, 01757 | https://www.waters.com |
| Bruker Corp | View profile | 9707 | 40 Manning Road, Billerica, MA, United States, 01821 | https://www.bruker.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
| Amgen Inc | View profile | 26700 | One Amgen Center Drive, Thousand Oaks, CA, United States, 91320-1799 | https://www.amgen.com |
Mexico 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.
Instruments was the largest segment with a revenue share of 59.51% in 2023. Horizon Databook has segmented the Mexico protein engineering market based on instruments, reagents, software & services covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico protein engineering market was valued at USD 25.58 million and is estimated to grow at a CAGR of 17.4% during the forecast period owing to increasing healthcare expenditure, political & economic stability, and shifting demographics.
Furthermore, rise in funding of projects that are focused on advancing protein engineering is expected to boost the market growth. For instance, CONACyT-Mexico (Mexican research council Consejo Nacional de Ciencia y Tecnología) offers funds to researchers focusing in the area of protein engineering.
In October 2020, a study was granted funding by CONACyT-Mexico and published in journal to demonstrate Cysteine-Rich peptides (CRPs) as a scaffold for protein engineering process to provide high thermodynamic & metabolic stability to epitope for new biological functions.
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Our clientele includes a mix of protein engineering market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico protein engineering market , including forecasts for subscribers. This country databook contains high-level insights into Mexico protein engineering market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico protein engineering market size, by product, 2018-2030 (US$M)
Mexico Protein Engineering Market Outlook Share, 2023 & 2030 (US$M)
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