The future of the recombinant protein market looks promising with opportunities in pharma & biotechnology companies, academic & research institutes, and diagnostic laboratories. The global recombinant protein market size is expected to reach an estimated $3.8 billion by 2030 with a CAGR of 11.5% from 2023 to 2030. The major drivers for this market are increasing cases of chronic diseases and rise in research and development expenditure on biologics drugs.
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Recombinant Protein Market by Segment
The study includes trends and forecast for the global recombinant protein market by product type, expression system, application, end use industry, and region, as follows:
Recombinant Proteins Market
Recombinant Protein Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2030]:
- Antibodies
- Antigens
- Enzymes
- Hormones
- Others
Recombinant Protein Market by Expression System [Value ($B) Shipment Analysis from 2017 to 2030]:
- Microbes
- Plants
- Animals
Recombinant Protein Market by Application [Value ($B) Shipment Analysis from 2017 to 2030]:
- Drug Discovery and Development
- Research Application
- Therapeutic Use
- Diagnostics
- Others
Recombinant Protein Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2030]:
- Biotechnology and Pharmaceutical Companies
- Academic and Research Institutes
- Contract Research Organizations
- Others
Recombinant Protein Market by Region [Value ($B) Shipment Analysis from 2017 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Recombinant Protein Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies, recombinant protein companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the recombinant protein companies profiled in this report include-
- Abcam
- Sino Biological
- R&D Systems
- GenScript
- Bio-Rad Laboratories
Recombinant Protein Market Insights
The analyst forecasts that antibodies will remain the largest product type segment over the forecast period due to the growing cases of diabetes across the globe.
Pharma & biotechnology companies are expected to remain the largest end use industry segment due to the increasing the demand for recombinant proteins in drug research for prediction, prognosis, and diagnosis.
North America will remain the largest region due to increasing expenditure on research and development and growing number of clinical trials in the region.
Features of the Recombinant Protein Market
- Market Size Estimates: Recombinant protein market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2030) by various segments and regions.
- Segmentation Analysis: Recombinant protein market size by various segments, such as product type, expression system, application, end use industry, and region
- Regional Analysis: Recombinant protein market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different product types, expression systems, applications, end use industries, and regions for the recombinant protein market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the recombinant protein market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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