Protein Expression Market Size | Share and Trends 2024 to 2034

The global protein expression market size was USD 4.24 billion in 2023, estimated at USD 4.68 billion in 2024 and is anticipated to reach around USD 12.27 billion by 2034, expanding at a CAGR of 10.12% from 2024 to 2034

  • Last Updated : August 2024
  • Report Code : 2882
  • Category : Healthcare

Protein Expression Market Size and Growth 2024 to 2034

The global protein expression market size accounted for USD 4.68 billion in 2024 and is predicted to reach around USD 12.27 billion by 2034, growing at a solid CAGR of 10.45% from 2024 to 2034. The North America protein expression market size reached USD 1.95 billion in 2023.

Protein Expression Market Size 2024 To 2034

Protein expression refers to the process by which a cell's genetic instructions are used to synthesize proteins. This process involves the transcription of DNA into messenger RNA (mRNA) and the subsequent translation of mRNA into a specific protein sequence.

Protein Expression Market Key Takeaways

  • North America has generated more than 41% of revenue share in 2023.
  • Asia Pacific is expected to expand the fastest CAGR between 2024 and 2034.
  • By Expression System, the prokaryotic segment has contributed more than 41% of revenue share in 2023.
  • By Expression System, the mammalian cell segment is expected to expand at the fastest CAGR between 2024 and 2034.
  • By Product, the reagents segment has captured more than 41% of revenue share in 2023.
  • By Product, the services segment is expected to grow at a remarkable CAGR of 12.5% between 2024 and 2034.
  • By Application, the therapeutic segment has recorded more than 51% of revenue share in 2023.
  • By End-use, the pharmaceutical and biotechnological businesses segment has generated more than 46% of revenue share in 2023.
  • By End-use, the contract research companies segment id expected to expand at the fastest CAGR between 2024 and 2034.

U.S Protein Expression Market Size and Growth 2024 to 2034

The U.S. protein expression market size was valued at USD 1.37 billion in 2023 and is expected to be worth around USD 3.99 billion by 2034, at a remarkable CAGR of 10.20% from 2024 to 2034.

U.S Protein Expression Market Size 2024 to 2034

North America has captured more than 41% of revenue share in 2023. North America was in charge. This Significant market share can be attributed to the presence of significant businesses in the region, increasing R&D spending, and strong biosimilar platforms. It has been noted that one of the most important tactics used in the North American area is collaboration between businesses and academic organizations.

Protein Expression Market Share, By Region, 2023 (%)

 

The market in Asia Pacific is expected to expand at the fastest growth rate over the projection period due to the rising use of protein expression in various applications. Additionally, the rising emphasis on proteomics and genomics research, as well as rising academic institution efforts to develop novel protein therapeutics, boosts the market in the region.

In addition, the protein expression market is witnessing significant growth across all regions due to increasing demand for biologics, growing R&D investments, and the rising prevalence of chronic diseases. As a result, key players in the market are expanding their presence in emerging economies to tap into the growing opportunities.

Market Overview

Protein expression refers to the process by which a cell's genetic instructions synthesize proteins. This process involves the transcription of DNA into messenger RNA (mRNA) and subsequent mRNA translation into a specific protein sequence. Protein expression has a wide range of applications. It is used to develop recombinant proteins, which are used in drug discovery and developing novel compounds.

Protein Expression Market Growth Factors

A significant development driver of the market is expected to be the rising significance of protein-based therapeutics in contemporary medicine and the growing expenditure by biopharmaceutical firms in R&D. For instance, Merck and Orna Therapeutics worked together to invent, create, and market a number of projects in August 2022, including creating RNA technology for protein therapeutics. The deal included a $150 million investment from Merck.

Due to the increasing demand for customized therapeutics and the quickly expanding R&D activities that support protein expression, the worldwide market is anticipated to develop. Protein engineering and the synthetic building of recombinant proteins are the driving forces behind the development of protein therapeutics. The development of personalized medical treatments is becoming more and more feasible thanks to technological progress. It is expected that strategic collaborations between businesses and academic institutions to create cutting-edge technologies will support the market's upward trend. For instance, scientists from the University of California, Berkeley and the Novartis Institutes for Biomedical Research worked together to create and market a platform for protein stabilization to spur innovation in treatments for cancer and hereditary diseases. Vicinitas Therapeutics was established by the academics in July 2022 with series A financing of USD 65 million.

It is anticipated that operating companies will use protein expression more frequently as a result of accelerated product releases and the construction of powerful networks. For instance, the introduction of Abevmy (bevacizumab) in Canada was revealed by Biocon Biologics Ltd. and Viatris Inc. in May 2022. Viatris is offering the medication as its fourth copycat for cancer in Canada. Viatris Canada unveiled the Hulio copycat for inflammatory chronic diseases in February 2021. As a result, a key driver of market expansion is the rising regularity of product creation that results from the expression of the target protein.

The market for protein translation systems is growing as instances of diseases like cancer, cardiovascular disease, and genetic abnormalities increase. Insulin is one protein-based medicine that has incredible effectiveness in treating a variety of diseases.

Businesses are also funding research into protein expression technologies like baculovirus expression systems (used in insect cells), transient expression (used in mammalian cells), and steady expression. Protein therapeutics have a low risk of side effects due to their high level of efficacy, which is considerably fueling the market's expansion.

The development of genetic engineering, which has created a plethora of new pathways and possibilities for large-scale protein expression and separation, is another factor that is propelling the global market for transient protein expression.

Market Scope

Report Coverage Details
Market Size in 2023 USD 4.24 Billion
Market Size in 2023 USD 4.68 Billion
Market Size by 2034 USD 12.27 Billion
Growth Rate from 2024 to 2034 CAGR of 10.12%
Largest Market North America
Base Year 2023
Forecast Period 2024 to 2034
Segments Covered Expression System, Product, Application, and Region
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

 

Market Dynamics

Key Market Drivers

Rising interest in protein biologics

Biologics are used to address the majority of chronic conditions, including cancer, autoimmune disorders, and other severe illnesses. Vaccines, blood and blood components, and modified medicinal proteins are examples of biologics. The FDA authorized 50 new medicines in 2021. One-of-a-kind antibodies, pegylated proteins, hormones, and enzymes made up the other 14 of these biologics, all of which needed protein translation. Additionally, evusheld (co-package of tagevimab with cilgavimab) was approved as a prophylactic or the prevention of the infection. Other mAbs, such as tocilizumab, sotrovimab, and the co-administration of bamlanivimab and etesevimab, had gotten EUA for COVID1 therapy (mild to moderate). By 2022, the FDA is expected to approve several of these medications. The industry is expanding as a result of the rising demand for goods and services related to protein translation.

  • In June 2024, Syngene International Ltd., a global contract research, development, and manufacturing organization (CRDMO), launched a protein production platform for rapid production. The platform utilizes a cell line and transposon-based technology licensed by ExcellGene, a Switzerland-based biotech service provider.

Challenges

Undesired post-translational modifications as well as purification

Crude proteins are created during the protein translation process. These are removed and refined once more. Expression and processing of proteins are frequently difficult processes because of the inherent intricacy of proteins in general. Proteins have pleats and are intricate structures. So a protein's structural or sequence characteristics may have an effect on the output and durability of the protein products. For instance, target proteins frequently associate with the plasma membrane when transmembrane regions or GPl-anchor sequences are present, which compromises protein output. The host cells may experience unanticipated physiological changes as a result of the overexpression and buildup of the target protein, which could lead to the creation of misfolded proteins and protein degradation by the host proteases. These present a development obstacle for the protein expression industry.

Opportunitie

Emergence of microfluidics

The protein expression market has seen tremendous growth in recent years, driven by increasing demand for biopharmaceuticals and advancements in technology. One of the emerging trends in the market is the use of microfluidics technology for protein expression. Microfluidics is the science and technology of manipulating fluids in microscale devices. It allows for precise control over small amounts of fluids, which is ideal for protein expression. Microfluidic devices can create small channels and chambers that provide an environment for protein expression, allowing for rapid and efficient screening of different conditions. The results showed that DBM screening is a powerful tool for enhancing cell factories for the production and release of foreign proteins.

The degree of protein translation and phosphorylation at the single-cell level is also evaluated using a cutting-edge tool known as the Microfluidic Antibody Capture (MAC) gadget. The emergence of microfluidics technology in protein expression presents a significant opportunity for biopharmaceutical manufacturers. It has the potential to revolutionize the way proteins are produced, enabling faster, more efficient, and more cost-effective protein expression. As the technology continues to develop and improve, it is expected to play an increasingly important role in the protein expression market.

  • In May 2024, Takara Bio USA, Inc. launched the Lenti-X Transduction Sponge, a first-to-market dissolvable microfluidic transduction enhancer that innovates in vitro lentivirus-mediated gene delivery techniques. The Lenti-X Transduction Sponge has the ability to achieve high transduction efficiency in any cell type, enabling downstream research applications in the gene and cell therapy space.

Expression System Insights

In 2022, the prokaryotic segment held the biggest portion of more than 41% because it is generally simpler to manage and serves important study purposes. Due to its advantageous traits, including its ability to produce large quantities of recombinant proteins quickly and inexpensively, the market segment is expected to keep its place during the forecast era.

During the forecast period, the mammalian cell sector is anticipated to expand at the fastest pace. Numerous pharmaceutical companies have employed temporary or permanent cell lines as mammalian expression platforms to produce proteins. When specific expression structures join with the genome host, this occurs. However, the use of systems relies on the objective and strategy. For instance, the prokaryotic is regarded as perfect for antigen synthesis, structural studies, and activity studies, where post-translational is not required. However, businesses favor using mammalian cells to make proteins, medicines, and immunizations.

Product Insights

With a market share of more than 41% in sales in 2022, reagents ruled the industry. Reagents are essential components in protein expression, as they play a crucial role in ensuring the correct folding and conformation of the protein of interest. The increasing demand for research in the field of proteomics and genomics, coupled with the growth of the biopharmaceutical and biotechnology industries, is driving the demand for reagents in the protein expression market. From 2022 to 2030, the services market is projected to grow at a CAGR of 12.5%. The expansion is ascribed to the growing outsourcing of protein production and expression by pharmaceutical and biotech firms to antibody production companies in order to support the development of customized assays and the finding of therapeutic antibodies.

Similarly, many companies are using strategic efforts to increase their market share. BioIVT revealed the purchase of Cypex in August 2022 because the bought company's protein product line enhances its offerings for drug research and development. Additionally, the products offered by Cypex are created using proprietary technology that enables the expression of human drug-metabolizing enzymes in microbes without significantly altering the proteins.

Application Insights

As protein therapeutics offer numerous benefits over other medications, the therapeutic category, which held a market share of over 51% in 2022, is expected to expand at the greatest rate during the projection period. Due to their adaptability, they provide a more effective course of therapy and have a low likelihood of adverse effects. Additionally, it can serve as a substitute therapy when a gene defect prevents the body from producing enough effective proteins. Furthermore, the therapeutic segment’s growth is driven by the increasing adoption of protein-based therapeutics, which offer several benefits over traditional medications, such as better specificity, fewer side effects, and improved efficacy. The demand for protein-based therapeutics is increasing owing to the rising incidence of chronic diseases, such as cancer, diabetes, and cardiovascular diseases, which require targeted and personalized therapies.

Moreover, the prominent factor driving this application sector is the rise in the number of businesses creating protein-based therapeutics because the licensing process is quicker and better regulated for patent protection. Both of these elements boost the revenue of pharmaceutical and biotechnology firms and promote additional R&D spending.

 End Use Insights

Due to the extensive use of cultured cells for the creation of therapeutics and customized medications, the pharmaceutical and biotechnological businesses sector had the highest revenue share of over 46% in 2022. 2019 saw the use of more than 170 transgenic proteins in health around the world. The sector is fueled by the pharmaceutical industry's expanding creative use of proteins. The businesses combine already-existing proteins with genetic variations and entirely new protein designs to produce better value in therapeutics and protein stability.

Protein Expression Market Share, By End-Use, 2023 (%)

Over the forecast period, contract research companies are anticipated to expand at the fastest pace. This is explained by the variety of specialty services offered by the organizations to the pharmaceutical and biopharmaceutical firms at cost-effective rates, giving them a competitive edge over their rivals. For instance, Charles River Laboratories provides services for automating protein processing and designing buildings.

Protein Expression Market Companies

Recent Developments

  • In July 2022, Beijing Luzhu Biotechnology and Maxvax Biotechnology raised funds for their vaccine R&D projects. Maxvax secured about USD 74 million from Series B funding to finance a number of clinical trials in its vaccine development program.
  • In February 2022, Thermo Fisher Scientific opened its bioprocessing manufacturing plant in Millersburg, Pennsylvania, to produce essential components for the creation of new and current biologics and vaccines, including COVID-19.

Segments Covered in the Report

By Expression System

  • Prokaryotic
  • Mammalian Cell
  • Insect Cell
  • Yeast
  • Others

By Product

  • Reagents
  • Competent Cells
  • Expression Vectors
  • Services
  • Instruments

By Application

  • Therapeutic
  • Industrial
  • Research

By End-use

  • Pharmaceutical & Biotechnological Companies
  • Academic Research
  • Contract Research Organizations
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

The global protein expression market size is expected to increase USD 12.27 billion by 2034 from USD 4.24 billion in 2023.

The global protein expression market will register growth rate of 10.12% between 2024 and 2034.

The major players operating in the protein expression market are Agilent Technologies Inc., Bio-Rad Technologies, Thermo Fisher Scientific Inc., Merck KGA, Takara Bio Inc., New England Biolabs Inc., Oxford Expression Technologies Ltd, Promega Corporation, Qiagen NV Sigma-Aldrich Corporation and others.

The driving factors of the protein expression market are the rising interest in protein biologics and increasing demand for biopharmaceuticals.

North America region will lead the global protein expression market during the forecast period 2024 to 2034.

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Sanket Gokhale is one of the key authors contributing to the high-quality, actionable insights that define our market research reports. Sanket holds an MBA with a specialization in Healthcare Management, coupled with a Bachelor’s degree in Pharmacy. With over 5 years of experience in market research, Sanket has cultivated a deep understanding of the healthcare sector, from pharmaceutical innovations to healthcare

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