Protein Market Size, Share, Growth Analysis, By Type (Natural Protein A, Recombinant Protein A), By Product (Agarose-based Protein A, Organic Polymer-based Protein A), By End Users (Pharmaceuticals and Biopharmaceuticals Companies, Academic Research Institutes), By Region -Industry Forecast 2024-2031

North America is the dominating region and is expected to lead over the forecast period owing to its strong biopharmaceutical industry along with several established companies and a greater concentration of biomanufacturing services. Regional growth is also impacted by improved research and development, resulting in major improvements in technology and growing adoption rates. Moreover, growing investments in healthcare and biotechnology, comprising funding for production and development of drugs are aiding the market growth in the region. The leading players operating in the region include Thermo Fisher Scientific, GE Healthcare Life Sciences (now Cytiva), Bio-Rad Laboratories, MilliporeSigma, Pall Corporation, and more.

Asia Pacific is the fastest-growing region in the global protein market due to the improved manufacturing proficiencies. The region is growing due to its improved manufacturing facilities and specialization in chromatography technologies, which helps the production of quality protein A resins, this the regional growth. In addition, strict regulatory norms for biopharmaceuticals confirm that high-performing protein A resins adhere to the stringent safety and quality protocols. Also, the rising focus on personalized medicine and biologics is driving the regional market growth.