South Africa Protein Engineering Market Size & Outlook
South Africa protein engineering market, 2016-2027 (US$M)
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South Africa protein engineering market highlights
- The South Africa protein engineering market generated a revenue of USD 8.8 million in 2020 and is expected to reach USD 27.0 million by 2027.
- The South Africa market is expected to grow at a CAGR of 17.5% from 2021 to 2027.
- In terms of segment, rational protein design was the largest revenue generating technology in 2020.
- Hybrid Approach is the most lucrative technology segment registering the fastest growth during the forecast period.
Protein engineering market data book summary
| Market revenue in 2020 | USD 8.8 million |
| Market revenue in 2027 | USD 27.0 million |
| Growth rate | 17.5% (CAGR from 2020 to 2027) |
| Largest segment | Rational protein design |
| Fastest growing segment | Hybrid Approach |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rational Protein Design, Directed Evolution, Hybrid Approach |
| 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, South Africa accounted for 0.6% of the global protein engineering market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Middle East & Africa, South Africa protein engineering market is projected to lead the regional market in terms of revenue in 2027.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.0 million by 2027.
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Protein Engineering Market Scope
Protein Engineering Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 38.64% in 2020. Horizon Databook has segmented the South Africa protein engineering market based on rational protein design, directed evolution, hybrid approach covering the revenue growth of each sub-segment from 2016 to 2027.
The South Africa protein engineering market is expected to witness significant growth due to improved infrastructure and policies laid down by regulatory bodies. Growing disposable income and increasing geriatric population are among major factors driving the market growth.
Furthermore, increasing conferences, events, workshops, congresses, summit, and others on protein engineering are anticipated to boost the market growth. For instance, International Conference on Antibody and Protein Engineering (ICAPE) was organized in South Africa.
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Target buyers of South Africa 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa protein engineering market , including forecasts for subscribers. This country databook contains high-level insights into South Africa protein engineering market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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South Africa protein engineering market size, by technology, 2016-2027 (US$M)
South Africa Protein Engineering Market Outlook Share, 2020 & 2027 (US$M)
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