Towards Healthcare
Protein Engineering Market Size Drives by 16.27% CAGR till 2034

Protein Engineering Market Size, Trends and Key Applications by 2034

Projections indicate that, protein engineering industry is projected to rise from USD 3.08 billion in 2024 to USD 13.84 billion by 2034, reflecting a CAGR of 16.27% over the next decade. Drug discovery platforms use smart tech to deliver drugs more safely and effectively. With rising chronic diseases and a push for personalized treatments, the market is booming—led by North America, while Asia-Pacific is growing fastest. Antibodies and phage display lead the way.

The global protein engineering market size is calculated at US$ 3.08 in 2024, grew to US$ 3.58 billion in 2025, and is projected to reach around US$ 13.84 billion by 2034. The market is expanding at a CAGR of 16.27% between 2025 and 2034. Protein engineering is a process in which desirable proteins are developed that have properties like tissue regeneration, antiviral, etc. Thus, they are being used in various fields due to their wide range of applications.

Protein Engineering Market Size 2023 - 2034

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Key Takeaways

  • North America dominated the global protein engineering market in 2024.
  • Asia Pacific is expected to be the fastest-growing during the forecast period.
  • By product type, the instruments segment dominated the market in 2024 and is estimated to be the fastest-growing at a notable CAGR during the forecast period.
  • By application type, the rational protein design segment dominated the market in 2024.
  • By application type, the hybrid approach segment is anticipated to be the fastest-growing during the forecast period.
  • By protein type, the monoclonal antibodies segment dominated the market in 2024 and is expected to be the fastest-growing during the forecast period.
  • By end user, the pharmaceutical & biotechnology companies segment dominated the global protein engineering market in 2024.
  • By end user, the contract research organizations (CROs) segment is predicted to be the fastest-growing during the forecast period.

Market Overview

A transition from small-molecule chemical therapy to biological therapy, including protein therapeutics, cellular therapy, and gene therapy, is being experienced by medicine and pharmacology. Protein engineering is a common and crucial technology in biological therapies, as proteins play an important role in biological functions. The metabolic drugs can be transformed into smart, stimulus-responsive drug systems by using protein engineering. The stimulus-responsive protein therapeutics are the type of drugs that are metabolized under target conditions.

Furthermore, due to the advances in protein engineering capabilities, there is an improved control over both pharmacokinetics and pharmacodynamics. Smart therapeutics with biochemical logic can also be formulated with the help of protein engineering. Protein therapeutics is a segment of FDA-approved drugs that is rapidly expanding and improving clinical outcomes.

  • In March 2025, the preliminary results of improvements in the key enzymes for Bonumose's ingredient manufacturing process were announced by Allozymes, (a leader in protein engineering) and Bonumose, (a leader in innovative enzyme combinations) who collaborated to work on the production of healthy, high-volume, naturally occurring monosaccharides from feedstocks like starch and sugar.
  • In March 2025, a new method to study protein degradation in the immune cells by using engineered microparticles for tracking and analyzing the degradation process more effectively than traditional methods was developed by researchers from FAMU-FSU College of Engineering who collaborated with the FSU College of Medicine

Key Metrics and Overview

Metric Details
Market Size in 2024 USD 3.08 Billion
Projected Market Size in 2034 USD 13.84 Billion
CAGR (2025 - 2034) 16.27%
Leading Region North America
Market Segmentation By Product, By Application, By Protein Type, By End-use and By Region
Top Key Players Thermo Fisher Scientific, Inc., Agilent Technologies, PerkinElmer, Inc., Bruker Cor., Waters Corp., Amgen, Inc., Genscript Biotech Corp.

AI Integration in the Protein Engineering Market

The potential to revolutionize various areas like drug discovery, ecology, antibody design, food security, etc., is shown by protein engineering, an emerging field in biotechnology. Yet the mutational space required is vast, which is problematic to handle through experimental means alone. Thus, utilizing protein databases and machine learning (ML) models, such as natural language processing (NLP), is enhancing protein engineering technology. A more powerful strategy, such as structure-based ML-assisted protein engineering, can be developed with the help of artificial intelligence-based protein structure prediction like AlphaFold2 and advances in topological data analysis (TDA). Moreover, a new approach to protein engineering and directed evolution has emerged, which utilizes data-driven machine learning.

Market Dynamics

Driver

Rising Demand for New Therapeutics

The increasing incidences of chronic diseases have increased the demand for protein-based therapeutics. Thus, the use of biologics such as monoclonal antibodies (mAbs), recombinant proteins, and enzymes is increasing for the treatment of cancer, autoimmune diseases, and cardiovascular disorders. Similarly, the demand for biosimilars is also increasing as they are affordable. Furthermore, increasing technological advancements have increased the production of personalized medications utilizing protein engineering. Here, protein engineering is used to develop a protein that is target specific to disease markers within the patients. Moreover, for genetic disorders gene therapies or cell therapies are being developed with the help of protein engineering. Thus, all these factors contribute to market growth.

CDER's Approved Novel Drug in 2024

The graph indicates the total number of CDER-approved novel drugs in 2024. It indicates that new therapeutic options are rising for rare diseases which often do not consist of any treatment. Thus, this encourages the development of new protein-based treatment options, which in turn will promote market growth.

Restraint

Expensive Production

The development of protein-based therapeutics is expensive. It is a complex process that requires technological advancements as well as skilled personnel, which contributes to the expenses. Similarly, the production of biologics is also costly as it requires specialized reagents, facilities, and quality control measures. Furthermore, the protein therapeutics used to treat rare diseases are often associated with high costs. Thus, the affordability of protein-based therapeutics is an important issue that affects the protein engineering market growth.

Opportunity

New Protein-based Biologics

Targeted treatment can be provided for various diseases by utilizing protein-based biologics such as recombinant proteins, monoclonal antibodies, or therapeutic enzymes. This has increased the demand for protein-based biologics to treat complex and chronic diseases. Thus, the development of new biologics with improved safety, efficacy, and specificity has increased. At the same time development of personalized medications depending on patients' profiles and treatment options is also being developed. Furthermore, these protein-based biologics and therapeutics are being used in the treatment of rare diseases to replace the defective proteins in the patient.

For instance,

  • In March 2025, an innovative technique was developed that allows the precise modification of specific proteins in complex biological environments by the research team led by Professor Seung Soo Oh and Dr. Hyesung Jo from the Department of Materials Science and Engineering at POSTECH (Pohang University of Science and Technology). The applications of this technology are predicted to be beyond cancer diagnosis and treatment.

Segmental Insights

Instruments Segment: Dominant and Fastest

By product type, the instruments segment dominated the market in 2024 and is estimated to be the fastest-growing at a notable CAGR during the forecast period. The instruments provided faster and more efficient protein synthesis, screening, and analysis. It also helped in the large-scale production of protein-based therapeutics. Thus, these factors contributed to the protein engineering market growth.

Rational Protein Design Segment Dominated

By application type, the rational protein design segment dominated the market in 2024. Rational protein design provided optimized proteins. It also helped in the development of target-specific protein therapeutics. Furthermore, by using AI, it developed more reliable therapeutics, which helped in reducing the time required for production, which enhanced the market growth.

Hybrid Approach Segment: Fastest Growing

By application type, the hybrid approach segment is anticipated to be the fastest growing during the forecast period. The hybrid approach helps in the improvement of proteins at a faster rate which in turn helps in the optimization of protein therapeutics. Hence, it is being used in various industries for production processes as it also reduces the time and cost involved.

Monoclonal Antibodies Segment: Dominant and Fastest

By protein type, the monoclonal antibodies segment dominated the market in 2024 and is expected to be the fastest-growing during the forecast period. The monoclonal antibodies provided target-specific actions for various diseases. With the help of protein engineering, the stability as well as the specificity of the monoclonal antibodies was enhanced. Thus, these were further approved by the FDA in treating diseases like cancer. Thus, this contributed to the market growth.

Pharmaceutical & Biotechnology Companies Segment Dominated

By end user, the pharmaceutical & biotechnology companies segment dominated the global protein engineering market in 2024. Due to the increased demand for protein therapeutics, the pharmaceutical & biotechnology companies focused on their development process. At the same time, technological advances helped in providing optimized results by minimizing the time. This, in turn, increased the manufacturing and distribution of protein therapeutics, which promoted market growth.

Contract Research Organizations (CROs) Segment: Fastest Growing

By end user, the contract research organizations (CROs) segment is predicted to be the fastest growing during the forecast period. The CROs provide the technological advancements for protein engineering, which helps in a faster production process. It helps in large-scale manufacturing. This increases their demand for biologics and biosimilar production. Thus, this results in enhancing the market growth.

Regional Insights

Advanced Industries Drives North America

North America dominated the protein engineering market in 2024. North America consists of many well-developed biotechnological industries. Thus, this increased the utilization of protein engineering for the development of therapeutic proteins or any other protein-based products. Furthermore, technological advancements helped to optimize its various applications. This contributed to the market growth.

The U.S. Protein Engineering Market Trends

The research and innovations using protein engineering are increasing due to the presence of a large number of biotechnological industries. These industries are further provided with funding and investment by the government.

The Canada Protein Engineering Market Trends

The research and development sectors in industries and institutes are contributing to the development of new treatment options using protein engineering. Due to this increased interest, the funding is also provided by the government. Furthermore, collaborations are also being formed, which are increasing the demand for protein engineering and enhancing market growth.

Rising Demand for Treatments Boosts Asia Pacific

Asia Pacific is estimated to host the fastest-growing protein engineering market during the forecast period. The demand for treatment options is rising due to the increased occurrences of diseases. Thus, various healthcare systems are adopting protein-based therapeutics. Similarly, the industries are also using protein engineering for the development of new treatment options.

The China Protein Engineering Market Trends

The biotechnological industries in China are utilizing protein engineering for the development of new treatment options, such as biosimilars, against different diseases. Furthermore, using technological advancements, the development of biopharmaceuticals, recombinant proteins, etc., is becoming easier.

The India Protein Engineering Market Trends

The demand for protein engineering in India is continuously increasing due to increased incidences of diseases. The industries are utilizing protein engineering for the development of generic drugs which helps in providing cost-effective treatment options to the patients. The presence of skilled personnel also helps in developing quality drugs or any other treatment options.

Europe Driven by Increasing Industries

Europe is expected to be significantly growing in the protein engineering market during the forecast period. New industries, as well as startups, are being developed in Europe. This, in turn, is increasing the research in protein engineering. At the same time, as the demand for personalized medications increases, collaborations are also being formed. Thus, these factors are contributing to the market growth.

The Germany Protein Engineering Market Trends

The presence of biotechnological and pharmaceutical industries is providing various research opportunities which increases the interest within the population. Due to this, collaborations are formed with the institutes. Furthermore, these collaborations are also supported by the government. Thus, this rise in collaboration increases market growth.

The UK Protein Engineering Market Trends

The biotechnological startups that are focusing on protein engineering for therapeutic applications in the UK are increasing. This, in turn, attracts various investors to develop personalized medications or other treatment options. At the same time, the government is also supporting them by providing funding schemes.

Top Companies in the Protein Engineering Market

Protein Engineering Market Companies

Latest Announcements by Industry Leaders

  • In March 2025, Carl Ware, PhD, a professor in the Cancer Metabolism and Microenvironment Program at Sanford Burnham Prebys, stated that their study is the first to demonstrate the live cells' direct measurement using complex-specific monoclonal antibodies. Cancers and lupus such as lymphoma that tend to have HVEM mutations can be diagnosed and monitored using the findings of their study. He also stated that it can be used to study other protein complexes linked to diseases, which can be used to develop new treatments.
  • In April 2025, vaccines and uses of B. subtilis were explored by Gholamreza Ahmadian PhD, professor at the National Institute of Genetic Engineering and Biotechnology (NIGEB) in Tehran, Iran, and his graduate student Howra Bahrulolum. They stated that B. subtilis avoids risks of potential tumorigenesis, pathogenicity, and pre-existing immunity when compared to conventional platforms like viral vectors. They further stated that for therapeutic protein production, which utilizes the traditional mammalian cell culture methods, the production of bacterium is a cost-effective and scalable alternative it.

Recent Developments in the Protein Engineering Market

  • In April 2025, new AI models that can enhance the discovery and accuracy in protein science were developed by researchers of InstaNovo and InstaNovo+. To overcome the challenges in drug discovery, diagnostics, and personalized medicine in medical sciences these models can be used.
  • In March 2025, the world's largest protein sequence dataset and models that utilize targeted modification and selection of proteins with specific functions were designed by researchers from Shanghai Jiao Tong University with the help of artificial intelligence. As per the researchers, it will help to reduce the cost and time required for industrial protein modification.

Segments Covered in the Report

By Product

  • Instruments
  • Reagents
  • Software & Services

By Application

  • Rational Protein Design
  • Directed Evolution
  • Hybrid Approach
  • De Novo Protein Design
  • Others

By Protein Type

  • Insulin
  • Monoclonal Antibodies
  • Vaccines
  • Growth Factors
  • Colony Stimulating Factors
  • Coagulation Factors
  • Interferon
  • Others

By End-use

  • Academic Research Institutes
  • Contract Research Organizations (CROs)
  • Pharmaceutical & Biotechnology Companies

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Insight Code: 5540
  • No. of Pages: 400
  • Format: PDF/PPT/Excel
  • Last Updated: 10 April 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a healthcare market research expert with 2+ years of experience, specializing in analyzing market trends, regulatory impacts, and emerging opportunities to guide strategic decision-making in the healthcare sector.

Learn more about Deepa Pandey

Aditi Shivarkar, with 14+ years of healthcare market research experience, ensures the accuracy, clarity, and relevance of reports. Her expertise helps businesses make informed decisions and stay competitive in healthcare sectors.

Learn more about Aditi Shivarkar

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FAQ's

Protein engineering is used by industries such as biotechnology, pharmaceuticals, food, biofuel, and MedTech.

Increasing demand for new therapeutics is driving the protein engineering market.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.