Global Protein Engineering Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Modified Proteins, Modified Enzymes, Insulin, Monoclonal Antibodies, Blood Factors, Tissue Plasminogen Activators, Fusion Proteins, and Others

By Technology;

Irrational Protein Design, and Rational Protein Design

By Protein Type;

Monoclonal Antibodies, Growth Hormones, Vaccines, Interferons, and Others

By End User;

Pharma & Biotech Companies, Academic Research Institutes, Contract Research Organizations (CRO), and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn129208318 Published Date: May, 2025 Updated Date: June, 2025

Protein Engineering Market Overview

Protein Engineering Market (USD Million)

Protein Engineering Market was valued at USD 4,085.84 million in the year 2024. The size of this market is expected to increase to USD 10,142.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.9%.


Global Protein Engineering Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 13.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)13.9 %
Market Size (2024)USD 4,085.84 Million
Market Size (2031)USD 10,142.55 Million
Market ConcentrationLow
Report Pages313
4,085.84
2024
10,142.55
2031

Major Players

  • Codexis, Inc
  • Thermo Fisher Scientific Inc
  • Genscript Biotech Corporation
  • Agilent Technologies, Inc
  • Bio-Rad Laboratories, Inc
  • Bruker Corporation
  • GE Healthcare
  • Merck KGaA
  • PerkinElmer, Inc
  • Waters Corporation

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Protein Engineering Market

Fragmented - Highly competitive market without dominant players


The Protein Engineering Market is rapidly advancing, fueled by growing interest in customized therapeutics and industrial enzymes. Breakthroughs in protein design and computational biology have streamlined the development of tailored proteins. As a result, the market has expanded by over 11%, driven by growing research needs and improved engineering techniques that support specific molecular functions.

Technological Advancements and Expanding Uses
Emerging tools such as site-directed mutagenesis and directed evolution are transforming how scientists design proteins. These innovations have driven a 13% rise in engineered protein applications across healthcare, agriculture, and manufacturing sectors. Their use in enzyme optimization, therapeutic delivery, and synthetic biology continues to broaden the market's appeal.

Biopharmaceutical Demand and Functional Benefits
The strong reliance on engineered proteins within biopharma has contributed more than 38% to total market activity. These proteins are widely applied in creating antibody-based drugs, vaccines, and hormone therapies. Their enhanced specificity and biological activity make them ideal candidates for advanced treatment modalities.

R&D Expansion and Collaborative Innovation
Research partnerships and strategic funding initiatives have significantly advanced protein innovation. Approximately 22% of total expenditure is directed toward R&D, driving progress in protein folding, design platforms, and variant screening. These investments are yielding faster development cycles and better therapeutic outcomes.

Digital Evolution and Market Reshaping
The integration of AI and machine learning has led to a 17% improvement in protein modeling and functionality testing. These tools support smarter engineering workflows, allowing precise alterations and predictions. With digital platforms enhancing scalability, the protein engineering space is shifting toward a more predictive, data-driven future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Protein Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Protein Engineering Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Biopharmaceutical demand surge, innovation
        2. Technological advancements in protein engineering
        3. Increasing research funding and grants
        4. Growing prevalence of chronic diseases
      2. Restraints
        1. High cost of protein engineering
        2. Regulatory complexities and approvals
        3. Ethical concerns and societal acceptance
        4. Limited understanding of protein structure
      3. Opportunities
        1. Expanding applications in personalized medicine
        2. Rise of protein-based therapeutics
        3. Collaborations and strategic partnerships
        4. Emerging markets and untapped potential
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Protein Engineering Market, By Product Type, 2021 - 2031 (USD Million)
      1. Modified Proteins
      2. Modified Enzymes
      3. Insulin
      4. Monoclonal Antibodies
      5. Blood Factors
      6. Tissue Plasminogen Activators
      7. Fusion Proteins
      8. Others
    2. Protein Engineering Market, By Technology, 2021 - 2031 (USD Million)
      1. Irrational Protein Design
      2. Rational Protein Design
    3. Protein Engineering Market, By Protein Type, 2021 - 2031 (USD Million)
      1. Monoclonal Antibodies
      2. Growth Hormones
      3. Vaccines
      4. Interferons
      5. Others
    4. Protein Engineering Market, By End User, 2021 - 2031 (USD Million)
      1. Pharma & Biotech Companies
      2. Academic Research Institutes
      3. Contract Research Organizations (CRO)
      4. Others
    5. Protein Engineering Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Codexis, Inc
      2. Thermo Fisher Scientific Inc
      3. Genscript Biotech Corporation
      4. Agilent Technologies, Inc
      5. Bio-Rad Laboratories, Inc
      6. Bruker Corporation
      7. GE Healthcare
      8. Merck KGaA
      9. PerkinElmer, Inc
      10. Waters Corporation
  7. Analyst Views
  8. Future Outlook of the Market