Global Protein Market

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

Report ID: SQMIG35H2290 | Region: Global | Published Date: November, 2024
Pages: 182 | Tables: 176 | Figures: 78

Protein Market News

  • February 2021: NZMP, Fonterra's dairy products business, launched a new protein product that delivers 10% more protein than other standard whey protein offerings.
  • February 2021: DuPont's Nutrition and Biosciences and ingredient company IFF announced their 2021 merger Combined company work as IFF Continued. The supplement division gives the company a leadership position in a variety of products including soy protein.
  • September 2021: ADM launched Acron T textured pea proteins, namely, Prolite MeatTEX textured wheat protein and Prolite MeatXT non-textured wheat proteins. These highly functional proteins provide the texture and stability of meat substitutes.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Protein Market size was valued at USD 1.4 Billion in 2022 and is poised to grow from USD 1.49 Billion in 2023 to USD 2.24 Billion by 2031, growing at a CAGR of 6.49% in the forecast period (2024-2031).

The global protein market is a highly competitive global market driven by a large number of international competitors. Key players in the industry focus on expanding their product range, increasing productivity, and adopting new technologies to meet the growing demand for protein products. Animal-based proteins are dominated by traditional companies such as Tyson Foods, Cargill and JBS. These players leverage their established global distribution networks and strong manufacturing capabilities to maintain leadership in the meat and dairy protein market. But they are increasingly facing sustainability challenges and ethical concerns, pushing them to invest in new protein solutions as part of their development strategy. 'DuPont de Nemours Inc.', 'Archer Daniels Midland Company', 'Kerry Group PLC', 'Fonterra Co-operative Group Limited', 'Royal FrieslandCampina NV', 'GE Healthcare', 'Merck Millipore', 'PerkinElmer, Inc.', 'GenScript Biotech Corp.', 'Agilent Technologies', 'Repligen Corp.', 'Thermo Fisher Scientific Inc.', 'Bio-Rad Laboratories, Inc.', 'Abcam PLC.', 'Novasep Holdings SAS', 'Pall Corporation', 'Sartorius AG', 'Tosoh Bioscience ', 'Celerion ', 'Jubilant Biosys'

Constant advances in protein A resin technologies like chemical stability, binding capacity, and easy use, make them attractive and highly effective for wide-ranging production. Moreover, developments and novel techniques in chromatography like automated systems and high throughput are enhancing efficiency, mainly in the biomanufacturing processes. These factors are propelling the growth of the Protein Market.

Enhanced Resin Design and Chemistry: Novel protein A resin is particularly designed to offer high binding abilities, enabling budget-friendly and efficient antibody purification. Modernizations in resin matrix and ligand chemistry are the key contributors to this advancement. The launch of highly stable ligands that tolerate regeneration conditions and rough cleaning improves the performance and durability of resins. Current research is also discovering non-conventional ligands that provide comparable binding features, for decreased reliance on conventional resins.

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.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Feedback From Our Clients

Global Protein Market

Report ID: SQMIG35H2290

$5,300
BUY NOW GET FREE SAMPLE