Protein design and engineering market worth $13.48 billion by 2030

JERSEY CITY, NJ, February 24, 2022 /PRNewswire/ — InsightAce Analytic Pvt. announces the publication of a market valuation report on the Global Protein Design and Engineering Market by Type of Protein Engineering Approach Used (Rational Design, Directed Evolution, Semi-Rational Design), Trends, Industry Competitive Analysis, Revenue and Forecast until 2030.”

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According to the latest research, the global protein design and engineering market is valued at US$4.50 billion in 2021, and it is expected to reach US$13.48 billion by 2030, growing at a CAGR of 13.2% over the forecast period 2022-2030.

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The field of protein engineering has grown rapidly in the industrial and healthcare sectors. It develops and manipulates protein structures to generate new and desired proteins with specific function. Protein engineering has several applications in the food, medical, nano-biotechnology and environmental industries.

The global protein design and engineering market is driven by multiple factors such as rising prevalence of chronic, infectious, and protein-deficient diseases, advancements in technology, and high demand for personalized medicines. The growth of the global market may also contribute to increased government R&D funding for protein engineering, availability of well-established healthcare infrastructure, development of bioinformatics tools and databases . Additionally, the growing use of protein design techniques by biopharmaceutical companies in drug development is expected to witness significant market growth over the forecast years. Due to the ever-increasing cases of chronic diseases, there is a high demand for medicines and therapies. Therefore, to increase the specificity and efficiency of the protein or drug, many biopharmaceutical companies are adopting advanced protein design and engineering methods. It is estimated that this development will create market growth opportunities over the next few years. For example, in June 2019Amgen (USA) and the University of WashingtonInstitute for Protein Design (IPD) has collaborated to test new technologies and create approaches to building proteins that can be broadly applied in the search for new drugs.

On the other hand, factors such as lack of skilled and trained expertise and high cost of tools and instruments required for protein engineering may hinder market adoption during the forecast period 2022-2030.

At the regional level, North America is expected to dominate the global protein design and engineering market in the coming years (2019-2030), followed by Europedue to the availability of modern technologies and equipment, the presence of CROs and the increase in R&D activities in therapeutic innovations.

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Major market players operating in the protein design and engineering market include ATUM (United States)Creative BioMart (US), Creative Biostructure (US), Creative Enzymes (US), Absolute Antibody (UK), EUCODIS Bioscience (Austria), conceptions of biomatter (Lithuania), Fusion Antibodies (UK), Innovagen (Sweden), ZYMVOL (Spain), Averring Biotech, EnzymeWorks (China), GeNext Genomics (India), Quantumzyme (India), among others.

Main market developments:

  • In August 2021, ATUM (USA), a pioneer in bioengineering solutions, announced that the United States Patent and Trademark Office (USPTO) granted patent numbers 11,060,098, 11,060,109, 11,060,086 , which expand the scope of the Leap-In Transposase platform, the company’s innovative transposon-based technology. genome engineering tool.

  • In January 2021, Conceptions of biomatter (Lithuania), pioneers in generative protein design technologies, have raised €500,000 in seed funding led by Practica Capital to develop the company’s protein design technology and product pipeline.

  • In January 2021, Zymvol Biomodeling (Spain) collaborated with Aminoverse, a biotechnology company specializing in enzyme discovery and design, to develop custom-made alcohol dehydrogenases, an enzyme most commonly used in flavors and fragrances and the fine chemical industry.

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Market segments

Global Protein Design and Engineering Market, By Type of protein engineering approach used2019-2030 (Value in billion US dollars)

  • Rational design

  • Directed evolution

  • Semi-rational design

Global Protein Design and Engineering Market, By Types of proteins2019-2030 (Value in billion US dollars)

  • Antibody

  • peptides

  • enzymes

  • Vaccines

  • Others

Global Protein Design and Engineering Market, By Application type2019-2030 (Value in US$ millions)

Global Protein Design and Engineering Market, By end users2019-2030 (Value in billion US dollars)

  • Pharmaceutical / biotechnology companies

  • CRO and research

  • University institutes

Global Protein Design and Engineering Market, By Region2019-2030 (Value in billion US dollars)

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa

North America Protein Design and Engineering Market, By The country2019-2030 (Value in billion US dollars)

European Protein Design and Engineering Market, By The country2019-2030 (Value in billion US dollars)

  • Germany

  • France

  • Italy

  • Spain

  • Russia

  • Rest of Europe

Asia-Pacific Protein Design and Engineering Market, By The country2019-2030 (Value in billion US dollars)

  • India

  • China

  • Japan

  • South Korea

  • Australia & New Zealand

Latin America Protein Design and Engineering Market, By The country2019-2030 (Value in billion US dollars)

  • Brazil

  • Mexico

  • Rest of Latin America

the Middle East & Africa Protein Design and Engineering Market, by The country2019-2030 (Value in billion US dollars)

Why buy this report:

  • Receive in-depth insights into the outlook for the global Protein Design and Engineering market

  • To receive an overview of the global market and future trends in the Protein Design and Engineering market

  • Analyze Protein Design and Engineering Market Drivers and Challenges

  • To get information on Protein Design and Engineering Market Size (Value in Billion US$) Forecasted to 2030

  • Major investments, mergers and acquisitions in the protein design and engineering market industry

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Other related reports published by InsightAce Analytics:

Global Oral Protein Therapeutics and Vaccines Market

CDMO Peptides Market (Pharmaceuticals)

Global mRNA Synthesis and Manufacturing Services Market

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