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Global Recombinant Proteins Market to reach USD 1750.89 million by 2028.

Global Recombinant Proteins Market to reach USD 1750.89 million by 2028.

Product Code: HLSB-23242670
Publish Date: 27-03-2022
Page: 200

Global Recombinant Proteins Market is valued approximately USD 910 million in 2021 and is anticipated to grow with a healthy growth rate of more than 9.8% over the forecast period 2022-2028.

Recombinant proteins are the new amalgamation of genes that are primarily used to generate DNA. Recombinant DNA technology helps in the production of wild-type and modified human, mammalian proteins in bulk quantities. Recombinant protein formation needs a special method known as recombinant DNA (rDNA) technology. This protein is used for the development of new therapies for severe chronic diseases like cancer and other rare diseases. The increasing government funding and rising investment for R&D activities in pharmaceutical & biotechnology companies, and increasing incidences of chronic & infectious diseases are the primary factors that may augment the market demand across the globe. In addition, rising inclination toward biologics and biosimilars, technological developments in recombinant products, coupled with the increasing collaborations of the industry-academia are further chief driving factors for the market growth in the approaching years. For instance, in 2019, Thermo Fisher Scientific, Inc. collaborated with the Biopharmaceutical Analysis Training Laboratory (BATL) of Northeastern University. The aim of this collaboration is to develop analytical capabilities and to introduce novel innovations in the biopharmaceutical industry especially in applications like monoclonal antibodies, personalized medicine, and gene & cell therapies. Similarly, in 2020, Bio-Techne Corporation partnered with Elpiscience BioPharma with the objective of advancing anticancer therapeutics. This allows Elpiscience to access over Bio-Techne’s antibodies portfolio for developing the company’s preclinical, clinical, and commercial biopharmaceuticals. However, expensive and time-consuming production processes and safety concerns associated with recombinant proteins impede the growth of the market over the forecast period of 2022-2028. Also, the growing focus on personalized medicine and protein therapeutics and increasing expenditure on research and development activities are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Recombinant Proteins Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the availability of favorable government funding and the increasing presence of major companies across the region. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as growing incidences of chronic & infectious diseases, as well as increasing spending on the R&D activities, would create lucrative growth prospects for the Recombinant Proteins Market across the Asia-Pacific region.

Major market players included in this report are:
Thermo Fisher Scientific, Inc.
Miltenyi Biotech
Sino Biological Inc.
Bio-Rad Laboratories, Inc.
Enzo Life Sciences, Inc.
BPS Bioscience, Inc.
Stemcell Technologies Inc
RayBiotech Inc
Richcore Lifesciences Pvt Ltd
United States Biological

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Growth Factors
By Application
Drug Discovery & Development
Biopharmaceutical Production
Biotechnology Research
Academic Research Studies
Other Applications
By End User
Pharmaceutical & Biopharmaceutical Companies
Biotechnology Companies
Academic Research Institutes
Contract Research Organizations
Other End Users
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Recombinant Proteins Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Recombinant Proteins Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Recombinant Proteins Market, by Product, 2020-2028 (USD Million)
1.2.3. Global Recombinant Proteins Market, by Application, 2020-2028 (USD Million)
1.2.4. Global Recombinant Proteins Market, by End User, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Recombinant Proteins Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Recombinant Proteins Market Dynamics
3.1. Recombinant Proteins Market Impact Analysis (2020-2028)
3.1.1. Market Drivers Rising inclination toward biologics and biosimilars Increasing prevalence of chronic & infectious diseases
3.1.2. Market Challenges Expensive and time-consuming production process Safety concern associated with recombinant proteins
3.1.3. Market Opportunities Growing focus on personalized medicine and protein therapeutics Increasing expenditure on research and development activities
Chapter 4. Global Recombinant Proteins Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Recombinant Proteins Market, by Product
6.1. Market Snapshot
6.2. Global Recombinant Proteins Market by Product, Performance – Potential Analysis
6.3. Global Recombinant Proteins Market Estimates & Forecasts by Product 2019-2028 (USD Million)
6.4. Recombinant Proteins Market, Sub Segment Analysis
6.4.1. Antibodies
6.4.2. Hormones
6.4.3. Growth Factors
6.4.4. Enzyme
6.4.5. Cytokines
6.4.6. Others
Chapter 7. Global Recombinant Proteins Market, by Application
7.1. Market Snapshot
7.2. Global Recombinant Proteins Market by Application, Performance – Potential Analysis
7.3. Global Recombinant Proteins Market Estimates & Forecasts by Application 2019-2028 (USD Million)
7.4. Recombinant Proteins Market, Sub Segment Analysis
7.4.1. Drug Discovery & Development
7.4.2. Biopharmaceutical Production
7.4.3. Biotechnology Research
7.4.4. Academic Research Studies
7.4.5. Other Applications
Chapter 8. Global Recombinant Proteins Market, by End User
8.1. Market Snapshot
8.2. Global Recombinant Proteins Market by End User, Performance – Potential Analysis
8.3. Global Recombinant Proteins Market Estimates & Forecasts by End User 2019-2028 (USD Million)
8.4. Recombinant Proteins Market, Sub Segment Analysis
8.4.1. Pharmaceutical & Biopharmaceutical Companies
8.4.2. Biotechnology Companies
8.4.3. Academic Research Institutes
8.4.4. Contract Research Organizations
8.4.5. Other End Users
Chapter 9. Global Recombinant Proteins Market, Regional Analysis
9.1. Recombinant Proteins Market, Regional Market Snapshot
9.2. North America Recombinant Proteins Market
9.2.1. U.S. Recombinant Proteins Market Product estimates & forecasts, 2019-2028 Application estimates & forecasts, 2019-2028 End User estimates & forecasts, 2019-2028
9.2.2. Canada Recombinant Proteins Market
9.3. Europe Recombinant Proteins Market Snapshot
9.3.1. U.K. Recombinant Proteins Market
9.3.2. Germany Recombinant Proteins Market
9.3.3. France Recombinant Proteins Market
9.3.4. Spain Recombinant Proteins Market
9.3.5. Italy Recombinant Proteins Market
9.3.6. Rest of Europe Recombinant Proteins Market
9.4. Asia-Pacific Recombinant Proteins Market Snapshot
9.4.1. China Recombinant Proteins Market
9.4.2. India Recombinant Proteins Market
9.4.3. Japan Recombinant Proteins Market
9.4.4. Australia Recombinant Proteins Market
9.4.5. South Korea Recombinant Proteins Market
9.4.6. Rest of Asia Pacific Recombinant Proteins Market
9.5. Latin America Recombinant Proteins Market Snapshot
9.5.1. Brazil Recombinant Proteins Market
9.5.2. Mexico Recombinant Proteins Market
9.6. Rest of The World Recombinant Proteins Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Thermo Fisher Scientific, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Miltenyi Biotech
10.2.3. Sino Biological Inc.
10.2.4. Bio-Rad Laboratories, Inc.
10.2.5. Enzo Life Sciences, Inc.
10.2.6. BPS Bioscience, Inc.
10.2.7. Stemcell Technologies Inc
10.2.8. RayBiotech Inc
10.2.9. Richcore Lifesciences Pvt Ltd
10.2.10. United States Biological
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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