Protein engineering is the process of developing useful proteins through rational or evolutionary design. It employs techniques, such as site-directed mutagenesis, chimeric construction, and random mutagenesis, to develop desired protein structures and functions. The global protein engineering market offers significant opportunities as it enables downstream applications in industries including biopharmaceuticals, industrial enzymes, food and beverages, and academics. Major proteins targeted in this field include antibodies, hormones, and vaccines. Advancements in gene synthesis, computational tools, and structural biology have accelerated research in this field.
Market Dynamics:
The global protein engineering market is primarily driven by factors such as the growth of the biopharmaceutical industry, increasing research activities in synthetic biology, and advent of innovative technologies like gene synthesis. Biopharmaceutical companies are actively utilizing techniques such as directed evolution and computational design to develop therapeutic antibodies, enzymes, and proteins. However, factors such as high costs associated with protein engineering techniques and ethical issues pertaining to synthetic biology pose challenges to the market. Growing protein therapeutics pipeline and collaborations between academic and industrial players present new opportunities for market expansion.
Key Features of the Study:
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