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What Are the Projected Market Size and Growth Rates for the Protein Expression Market From 2025 To 2029?
In recent times, there has been a significant growth in the protein expression market size. The market which was worth $3.58 billion in 2024 is set to increase to $3.98 billion in 2025, offering a compound annual growth rate (CAGR) of 11.1%. The notable increase in the market during the historic period is due to the evolution in scientific research, advancements in biotechnology, the growth of biopharmaceutical development, as well as rise in drug discovery and development, along with the expansion of the healthcare industry.
What Is the Projected Market Size of the Protein Expression Market?
In the coming years, the protein expression market size is projected to experience substantial expansion, potentially reaching $6.57 billion in 2029 with a compound annual growth rate (CAGR) of 13.4%. Factors contributing to this growth during the forecast period include personalized medicine, the biosimilars market, drug repurposing, regulatory support, and precision agriculture. The forecast period is also expected to see significant trends such as cell-free expression systems, the application of crispr-cas9 for gene editing, sustainable bioprocessing, contract research and manufacturing, and the emergence of multi-modal expression platforms.
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Who are the Major Competitors in the Protein Expression Market Outlook?
Major companies operating in the protein expression market include Agilent Technologies Inc., Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., New England Biolabs Inc., Promega Corporation, Qiagen NV, Takara Bio Inc., Merck KGaA, Genscript Biotech Corporation, Life Technologies Corporation, Sigma-Aldrich Corporation, Lucigen Corporation, Synthetic Genomics Inc., Becton, Dickinson & Company, Lonza Group Ltd., Geneva Biotech LLC, Viva Biotech Holdings, Sengenics LLC, ARTES Biotechnology GmbH, Addgene Inc., Profacgen, ProteoGenix Inc., Peak Proteins Ltd., Domainex Ltd., Jena Bioscience GmbH, EMD Millipore Corporation, Oxford Expression Technologies Ltd., Creative Biolabs Inc., Abnova Taiwan Corp, Accelagen Inc.
What Is Fueling Growth in the Protein Expression Market?
The growing need for biologics to combat a variety of genetic disorders and chronic illnesses is a significant factor propelling the research and sales in the protein expression market. This type of medicine, made from or containing components of living organisms such as proteins, tissues, genes, allergens, cells, blood components, blood and vaccines, is increasing in usage. The escalating use of biologics, such as therapeutic proteins to treat chronic diseases including cancer, cardiovascular conditions, and genetic disorders, has fostered the need for protein expression devices and equipment. As per the World Health Organization’s data in September 2022, a specialized agency of the United Nations based in Switzerland, chronic diseases or non-communicable diseases (NCDs) accounted for 41 million or 74% of global annual deaths. Therefore, the mounting demand for biologics is propelling the growth of the protein expression market.
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Which Protein Expression Market Segments Are Growing the Fastest?
The protein expression market covered in this report is segmented –
1) By Protein Expression: Yeast Expression, Mammalian Expression, Algae Expression, Insect Expression, Bacterial Expression, Cell-free Expression
2) By Product: Reagents, Competent Cells, Expression vectors, Services, Instruments
3) By Application: Therapeutic, Industrial, Research
4) By End Use: Pharmaceutical And Biotechnological Companies, Academic Research, Contract Research Organizations
Subsegments:
1) By Yeast Expression: Saccharomyces Cerevisiae, Pichia Pastoris, Kluyveromyces Lactis
2) By Mammalian Expression: Chinese Hamster Ovary (CHO) Cells, Human Embryonic Kidney (HEK) Cells, Vero Cells
3) By Algae Expression: Green Algae, Blue-green Algae (Cyanobacteria)
4) By Insect Expression: Sf9 Cells, Hi5 Cells
5) By Bacterial Expression: Escherichia Coli (E. coli), Bacillus Subtilis
6) By Cell-free Expression: Wheat germ Extract, Rabbit Reticulocyte Lysate
Which Industry Trends Are Shaping the Future of the Protein Expression Market?
In an effort to increase revenue in the protein expression market, leading companies are shifting their focus to the development and introduction of next-generation offerings, such as the Visium CytAssist Gene and Protein Expression Assay. When we talk about next-generation solutions, we mean the application of cutting-edge technology and methods to enhance the speed, accuracy, and effectiveness of protein expression. A case in point is 10x Genomics Inc., an American biotechnology firm that in May 2023 unveiled the Visium CytAssist Gene and Protein Expression Assay. This assay facilitates the exploration of relative protein expression patterns within the human immune system. The unique morphology-first strategy of Visium allows H&E (Hematoxylin and Eosin) staining to be performed prior to applying any chemical treatments to the tissue section, thereby enabling three-dimensional spatial analysis on the same sample and facilitating the study of tissue morphology on the same slice used for in-depth spatial multiomic inquiries. Harnessing a sequencing-based readout, the Visium CytAssist Gene and Protein Expression Assay allows for the simultaneous capture of protein and entire transcriptome gene expressions and histological analysis in a single assessment using one tissue section.
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Which Countries Are Leading the Protein Expression Market?
North America was the largest region in the protein expression market in 2023. Western Europe was the second largest region in the protein expression market. The regions covered in the protein expression market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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This Report Delivers Insight On:
1. How big is the protein expression market, and how is it changing globally?
2. Who are the major companies in the protein expression market, and how are they performing?
3. What are the key opportunities and risks in the protein expression market right now?
4. Which products or customer segments are growing the most in the protein expression market?
5. What factors are helping or slowing down the growth of the protein expression market?
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