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The protein engineering market size is forecast to increase by USD 3.60 billion at a CAGR of 19.03% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for advanced coagulation factors and colony-stimulating factors in various industries. These factors play crucial roles in medical applications, such as diabetes treatment and diagnostics, as well as enzyme R&D for food and industrial production. Contract research organizations (CROs) are also driving market expansion by providing specialized protein engineering services to pharmaceutical and biotech companies. A key trend in the market is the adoption of advanced technologies, including generative AI, to streamline protein engineering processes and improve product development. However, a lack of comprehensive understanding of protein structure remains a challenge, necessitating ongoing research and investment in structural biology.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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