Recombinant Proteins Market Size, Share, By Product (Hormone, Growth Factors, Enzymes, Antibodies, and Others), By Application (Research, therapeutics, biotechnology, disease diagnostic, and others) and By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI549424 | Publish Date: July 2024 | No. of Pages: 186

Recombinant Proteins Market Overview

Recombinant Proteins Market Size was valued at USD 2.34 Billion in 2024 and is expected to reach USD 4.68 Billion by 2034 growing at a CAGR of 7.9%.

Recombinant proteins are one of the pillars of current biotechnology. They play a vital role in medicine, agriculture, and industrial processes. The term refers to artificially produced proteins. Genetic engineering techniques are used to develop these recombinant proteins. It basically refers to the isolation of the gene encoding for a desired protein, which is cloned and inserted into the DNA of some other host, such as bacteria or yeast. The host organism then acts like a mini-factory, churning out vast amounts of the protein of interest using the host cellular machinery. The ability to express specific proteins in such vast quantities gives value to recombinant proteins.

They have many uses, among them as therapeutics: "Recombinant proteins are central to many life-saving medications, for example, insulin against diabetes and growth hormone against dwarfism.". Diagnostics: Scientists make use of them in developing tests for various diseases, such as HIV and Hepatitis. Research tools: That is, recombinant proteins are key tools to researchers in trying to seek an understanding of protein function, mechanisms of disease, and strategies in drug discovery. Industrial enzymes: Such proteins can be engineered to perform some specific tasks in the industrial process, hence making it more efficient and less offending to the environment. Recombinant protein technology changed many fields. It has led to the development of new drugs, diagnostics, and possible advanced research. The technology is still evolving so even more exciting applications for recombinant proteins can be foreseen in the near future.

Recombinant Proteins Market Share

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Recombinant Proteins Market Dynamics

Key Drivers of Target Market:

Increasing Cases of Chronic Diseases

  • The cases of cancer, diabetes, and some autoimmune disorders are rising. New treatment methods are essential for the cure of these diseases, and most of these diseases can find effective treatments through recombinant proteins.

Growing Demand for Biologics and Biosimilars

  • Biologics are a class of drugs derived from living organisms; recombinant proteins are their huge component. Expirations of patents over many biologics increase the demand for biosimilars more affordable versions of the same which opens up further opportunities for the recombinant proteins market.

Advantages of Research and Development

  • Due to continuous improvement in R&D, new and optimized recombinant proteins with higher efficacy and reduced side effects are being discovered, making them more viable for therapeutic and diagnostic uses.

Increasing government initiatives

  • Indeed, the governments of different countries are, slowly but steadily, acknowledging the potential for life sciences research and hence investing heavily in R&D initiatives, which are being combined with recombinant protein technology. Increased funding is thus boosting this market.

Growing Demand for Personalized Medicine

  • Treatments in personalized medicine are tailored to individual patients according to their genetic makeup. In this respect, recombinant proteins have an extremely crucial role in being able to be designed for a certain need of a patient

Restrains:

High Costs of Production

  • The expression of recombinant proteins is very costly, especially in the case of complex molecules. This hence limits accessibility to them, mostly in developing countries. Research workers are continually developing new and more efficient methods for producing recombinant proteins. Such advancements coupled with economies of scale as production volumes increase should bring down the costs over time. The wider application of recombinant protein-based therapies is, therefore, for the time being, likely to be hindered significantly by their high production costs.

Some of the delivery systems are quite challenging

  • Among them, delivering this recombinant protein to the target site in the body is a massive challenge. An ideal delivery system should protect the protein from degradation in the human system, assure delivery to specific cells or tissues of action, and finally assure controlled release. However, most of the current delivery systems fail in one or more of these aspects.

Opportunities:

Demand for biologics is increasing.

  • Biologics are a class of drugs resulting from living organisms. Among the witching components of many biologics are recombinant proteins; hence, the increasing demand for these drugs is likely to turn into impetus for the recombinant proteins market. Biologics find application in treating a myriad of diseases, such as cancer, autoimmune diseases, and infectious diseases.

 Increasing incidence of chronic diseases.

  • These diseases, like cancer, diabetes, and heart diseases, are gaining ground globally. Since recombined proteins are now being used in the treatment or diagnosis of these diseases, the increasing prevalence of these diseases may open up new avenues for the recombinant proteins market.

Recombinant Proteins Market Segmentation

The market is segmented based on Product Type, Application Type and Region.

By Product:

  • Hormones: This includes some well-known proteins like insulin, which the therapist uses to regulate sugar blood levels in diabetes patients, and the growth hormone, used in children with growth deficiencies. Another significant recombinant hormone produced is EPO erythropoietin considered to stimulate red blood cell production.
  • Growth Factors: These proteins are involved in growth, propagating, and differentiation of cells. The Epidermal Growth Factor is used in wound healing, and the Granulocyte-Colony Stimulating Factor is used to increase white blood cell count against infection.
  • Enzymes: Such recombinant enzymes may be applied for a number of industrially necessarily carried-out processes and medical applications. As examples, streptokinase is the clot-busting enzyme in the treatment of heart attacks, while asparaginase is a therapeutic enzyme against some form leukemias.
  • Antibodies: This has, therefore, been a very fast-growing segment. Monoclonal antibodies are highly specific immune system proteins used for targeted cancer therapies or treatments against autoimmune diseases. Bispecific, a new generation of antibodies, would bind two different targets simultaneously and open up even more tailored ways of treating diseases.
  • Others: This is a very diversified group of proteins with different applications. Cytokines are signaling molecules involved in the immune system; interferons exert antiviral and immunomodulatory activities. Interleukins are another class of signaling molecules that are of importance for communication between immune cells. These "other" proteins have big roles in research, diagnostics, and in the development of therapies in the future.

By Application:

  • Research: Recombinant proteins are indispensable tools in research laboratories. This has made them useful in drug discovery where protein function is understood in order to develop new drugs which will target certain molecules. Also, Protein engineering, a section where scientists try to modify proteins to result in new functionalities, relies heavily on recombinant proteins. They are also used in cell biology to study cellular processes and interactions.
  • Therapeutics: This forms the key driving force towards the recombinant protein market. Many biologics, targeting different diseases, are based on recombinant proteins. Insulin in the case of diabetes, growth hormone in the case of growth deficiencies, and erythropoietin in the case of anemia are only some examples. In cancer therapy, some very important ones include monoclonal antibodies that specifically target the cancer cells, and immune checkpoint inhibitors that enhance the body's antitumor response. Treatments of autoimmune diseases and blood disorders also frequently include recombinant proteins.
  • Biotechnology: Apart from therapeutics, the applications of recombinant proteins in biotechnology are rather diverse. Biocatalysis utilizes enzymes to carry out specific chemical reactions in the industrial process. For example, either the production of biofuels or the degradation of pollutants in bioremediation can be carried out by recombinant enzymes.
  • Disease Diagnostics: Recombinant proteins play a key role in the development of diagnostic tools. Immunoassays that detect the presence of certain molecules in the body often use antibodies as the detection reagent. Protein profiling, whereby the expression levels of various proteins are analyzed, may lead to the identification of disease biomarkers. All these diagnostic applications enable doctors to make an early diagnosis of diseases and apply personalized medicine approaches.
  • Others: The application of recombinant proteins reaches beyond these cornerstone areas. Enzymes are already applied in food processing, like rennet for cheese production or lactase for lactose intolerant people. Growth factors could be added to cosmetics to foster skin regeneration. This list will probably become longer as further applications in many industries are being explored.

Regional Insights

  • North America: this region dominated the recombinant proteins market, wherein a number of factors contributed to this. This region is home to big pharmaceutical players who have strong research and development wings that are continually thrusting new inventions and fueling market growth. Moreover, advanced healthcare infrastructure along with premium investment in biotechnology also plays a significant role here. North America is likely to enjoy the same major share in the market during the forecast period.
  • Asia Pacific: This region is also projected to register the highest CAGR in the forecast period. Improving disposable income of the population, coupled with a rise in the population, manifests into increased demand for their advanced healthcare solutions. In addition, the government backing provided to the biotechnology industry boosts the research and development activities. Besides that, the huge patient population in this region provides significant market potential for recombinant protein-based therapies.
  • Europe: this region represents a mature market for recombinant proteins due to the well-rooted pharmaceutical and biotechnology industry in this region. The tight legal frameworks at different stages of product development ensure the quality and safety of the products. However, growth in this region will be slow, vis-à-vis the Asia Pacific region, because of various issues such as patent expirations and cost pressures.
  • Latin America: increasing awareness and adoption of advanced medical treatments; growing economies translate to higher disposable income and an expanding section of people getting access to healthcare; government initiatives to build up healthcare infrastructure and attract foreign investment in biotech.
  • Middle East & Africa: The increasing burden of chronic diseases, such as diabetes and cancer, warrants new treatment options. Certain countries are definitely expanding in terms of government investments in healthcare and biotechnology. International pharmaceutical companies are entering into collaboration with local institutions.

Recombinant Proteins Market Report Scope:

Attribute

Details

Market Size 2024

USD 2.34 Billion 

Projected Market Size 2034

USD 4.68 Billion

CAGR Growth Rate

7.9%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Product - hormone, growth factors, enzymes, antibodies, and others

By Application - Research, therapeutics, biotechnology, disease diagnostic, and others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Product, Application and Region.

By Product:

  • Hormone
  • Growth factors
  • Enzymes
  • Antibodies
  • Others

By Application:

  • Research
  • Therapeutics
  • Biotechnology
  • Disease diagnostic
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Recombinant Proteins Market Key Players

The key players operating the Recombinant Proteins Market include Merck KGaA, Thermo Fisher Scientific, GenScript, Sino Biological Inc, Miltenyi Biotec, Abcam plc, Bio-Rad Laboratories, Inc, Eurogentec, Lonza Group AG, ProSpec-Tany TechnoGene, Ltd., Proteintech Group, Enzo Life Sciences Inc., Laurus Bio Private Limited, PeproTech, RayBioTech, STEMCELL Technologies, Abnova Corporation, Amgen, Cellgenix Gmbh, Merck Millipore, Bps Bioscience, Inc., Acrobiosystems, Boehringer Ingelheim International GmbH, InVivo BioTech Services GmbH.

Recombinant Proteins Market Key Players

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Recombinant Proteins Market Key Issues Addressed

  • In June 2024, Syngene launches new protein production platform The platform supports a number of different biomolecules, including monoclonal antibodies, biosimilars, bispecifics, antibody-drug conjugates, and other recombinant proteins.
  • In June 2024, FUJIFILM Wako Pure Chemicals Launches New Pyrogen and Endotoxin Tests Pyrogens, including gram-negative bacterial endotoxins, are substances that generally produce fever, inflammatory reactions, and, in severe cases, even death when applied to the bloodstream. Guidelines require that parenteral biological products, drugs, and medical devices that come in contact with the blood stream are tested for pyrogens.

Recombinant Proteins Market Company Profile

  • Merck KGaA
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • Thermo Fisher Scientific
  •  GenScript
  •  Sino Biological Inc
  •  Miltenyi Biotec
  •  Abcam plc
  •  Bio-Rad Laboratories Inc,
  • Eurogentec
  •  Lonza Group AG
  •  ProSpec-Tany TechnoGene Ltd.
  •  Proteintech Group
  •  Enzo Life Sciences Inc.
  •  Laurus Bio Private Limited
  •  PeproTech
  •  RayBioTech
  •  STEMCELL Technologies
  •  Abnova Corporation
  •  Amgen
  •  Cellgenix Gmbh
  •  Merck Millipore
  •  Bps Bioscience Inc.
  •  Acrobiosystems
  •  Boehringer Ingelheim International GmbH
  •  InVivo BioTech Services GmbH

“*” marked represents similar segmentation in other categories in the respective section.

Recombinant Proteins Market Table of Contents

Research Objective and Assumption

  • Research Objectives
  • Assumptions
  • Abbreviations

Market Preview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Product
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • Market Opportunities
  • Market Trends
  • Product Launch
  • Merger and Acquisitions
  • Impact Analysis
  • PEST Analysis
  • Porter’s Analysis

Market Segmentation, Product, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hormone
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Growth Factors
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • Enzymes
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • Antibodies
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends

Market Segmentation, Application, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Research
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Therapeutics
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Biotechnology
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Disease Diagnostic
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends
  • Others
    • Overview
    • Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Segment Trends

Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)

  • Overview
    • Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • U.S
      • Canada
  • Asia Pacific
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Europe
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • UK
      • Germany
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Latin America
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East and Africa
    • Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East and Africa

Competitive Landscape

  • Heat Map Analysis
  • Company Profiles
  • Merck KGaA
  • Thermo Fisher Scientific
  •  GenScript
  •  Sino Biological Inc
  •  Miltenyi Biotec
  •  Abcam plc
  •  Bio-Rad Laboratories Inc,
  • Eurogentec
  •  Lonza Group AG
  •  ProSpec-Tany TechnoGene Ltd.
  •  Proteintech Group
  •  Enzo Life Sciences Inc.
  •  Laurus Bio Private Limited
  •  PeproTech
  •  RayBioTech
  •  STEMCELL Technologies
  •  Abnova Corporation
  •  Amgen
  •  Cellgenix Gmbh
  •  Merck Millipore
  •  Bps Bioscience Inc.
  •  Acrobiosystems
  •  Boehringer Ingelheim International GmbH
  •  InVivo BioTech Services GmbH

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Recombinant Proteins Market Size was valued at USD 2.34 Billion in 2024 and is expected to reach USD 4.68 Billion by 2034 growing at a CAGR of 7.9%.

The Recombinant Proteins Market is segmented into Product, Application and Region.

Factors driving the market include Increasing Cases of Chronic Diseases, Growing Demand for Biologics and Biosimilars, Advantages of Research and Development, Increasing government initiatives, Growing Demand for Personalized Medicine.

The Recombinant Proteins Market's restraints High Costs of Production, some of the delivery systems are quite challenging.

The Recombinant Proteins Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Recombinant Proteins Market include Merck KGaA, Thermo Fisher Scientific, GenScript, Sino Biological Inc, Miltenyi Biotec, Abcam plc, Bio-Rad Laboratories, Inc, Eurogentec, Lonza Group AG, ProSpec-Tany TechnoGene, Ltd., Proteintech Group, Enzo Life Sciences Inc., Laurus Bio Private Limited, PeproTech, RayBioTech, STEMCELL Technologies, Abnova Corporation, Amgen, Cellgenix Gmbh, Merck Millipore, Bps Bioscience, Inc., Acrobiosystems, Boehringer Ingelheim International GmbH, InVivo BioTech Services GmbH.