Latin America Protein Expression Market Report and Forecast 2024-2032

Latin America Protein Expression Market Report and Forecast 2024-2032

Latin America Protein Expression Market Report and Forecast 2024-2032

Latin America Protein Expression Market Size

The global protein expression market was valued at USD 3 billion in 2023, with Latin America holding a significant market share. It is expected to grow at a CAGR of 9.8% during the forecast period of 2024-2032. The market is poised to secure a market value of USD 4.9 billion by 2032, driven by the increased protein-based research and development activities across the region.

Latin America Protein Expression Market Outlook

• The market is anticipated to be driven by increasing technological advancements in biotechnology and product developments by researchers.
• In June 2023, researchers from the National University of Quilmes in Argentina and the Technical University of Dresden in Germany collaborated and achieved significant breakthroughs in understanding the development of insulin in the body, focusing specifically on proteins found in the pancreas. Such research driven initiatives are likely to boost the Latin America protein expression market value in the forecast period.
• In October 2023, São Paulo State University (UNESP) researchers developed an anti-inflammatory hydrogel based on a protein used in regulating inflammation. Such research initiatives are expected to boost the market growth.

Latin America Protein Expression Market Analysis

Protein expression is extensively used in healthcare research and development activities intended to develop modern therapeutics to combat chronic diseases such as cancer and diabetes among others. To meet the rising demand, the market is driven by high-profile collaborations contributing to the development of advanced technologies and potentially attracting investors for further partnerships. For instance, in June 2023, researchers from the National University of Quilmes in Argentina and the Technical University of Dresden in Germany collaborated and achieved significant breakthroughs in understanding how insulin is made in the body. This collaboration underscored the enhancement of Latin American expertise in biotechnology, positioning it as an emerging force in global medical research. Such research initiatives, aimed at developing a better understanding of proteins is projected to boost the Latin America protein expression market growth in the forecast period.

The protein expression market value is also impacted by increasing incidence of chronic diseases such as diabetes. In Brazil, nearly 10.25% of adults claimed to have been diagnosed with diabetes in 2023. It is estimated that diabetes will affect 11.6 million Brazilians by 2025 and Brazil is expected to become one of the top 10 diabetic countries in the world. Consequently, the market is witnessing increased development of effective therapeutics by researchers for diabetic patients. For instance, in October 2023, researchers at São Paulo State University (UNESP) developed an anti-inflammatory hydrogel based on annexin A1 (AnxA1), a protein involved in regulating inflammation in diabetic patients. The Latin America protein expression market demand is projected to be fuelled by the advent of such alternatives, which has the potential to become a groundbreaking treatment for nearly 17.7 million diabetic Brazilians. Successful application of this hydrogel in treating diabetic wounds may potentially contribute to the development of similar therapeutic products in the market. This can also be used in the development of more specialized and targeted therapies.

One of the significant Latin America protein expression market trends also include enhanced capabilities of the region in protein research and production, which can contribute to the establishment of new biotech companies and the expansion of existing ones. Thereby, increasing the availability of cutting-edge treatments in the market.

Latin America Protein Expression Market Segmentation  

The report offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

Expression Vectors

Competent Cells

Reagents

Instruments

Services

Market Breakup by Application

Industrial

Research

Therapeutic

Market Breakup by System Type

Mammalian Cell Expression System

Yeast Cell Expression System

Insect Cell Expression System

Market Breakup by End User

Academic Research

Contract Research Organizations

Pharmaceutical and Biotechnology Companies

Market Breakup by Country

Brazil

Argentina

Mexico

Others

Market Breakup Categories

Product Expression Vectors, Competent Cells, Reagents, Instruments, Services

Application Industrial, Research, Therapeutic

System Type Mammalian Cell Expression System, Yeast Cell Expression System, Insect Cell Expression System

End User Academic Research, Contract Research Organizations, Pharmaceutical & Biotechnology Companies

Country Brazil, Argentina, Mexico, Others

Leading Players in the Latin America Protein Expression Market

The key features of the market report include grants analysis, patent analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows: 

• Merck KGaA
• Thermo Fisher Scientific Inc.
• Lonza Group AG
• Agilent Technologies, Inc.
• New England Biolabs.
• Takara Bio Inc
• Danaher Corporation
• Promega Corporation
• QIAGEN
• Bio-Rad Laboratories, Inc.
• GenScript Biotech Corporation

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report. 

FAQs

• What was the Latin America protein expression market forecast outlook for 2024-2032?

The Latin America protein expression market is expected to be driven by the rising demand for the global market, which is anticipated to grow at a CAGR of 5.4% during the forecast period of 2024-2032 and is likely to reach a market value of USD 4.9 billion by 2032.

• What are the major factors aiding the Latin America protein expression market demand?  

The market demand is driven by the increasing prevalence of chronic diseases in the region, along with rising healthcare expenditure to improve the prevailing infrastructure.

• What are the major Latin America protein expression market trends?

The increasing efforts of researchers to develop new care solutions via protein expression utilisation is one of the market major market trends.

• What are the various products in the market?

Various products in the market include expression vectors, competent cells, reagents, instruments, and services.

• Where does protein expression find its applications?

Protein expression find its application in industrial, research, and therapeutic domains.

• What is the market segmentation based on system type?

Based on system type, the market is segmented into mammalian cell expression system, yeast cell expression system, and insect cell expression system.

• Who are the end users in the market?

End users in the market include academic research, contract research organizations, and pharmaceutical and biotechnology companies.

• What is the market segmentation by country? 

The market segmentation by countries includes Brazil, Argentina, Mexico, and others.

• Who are the key players in the Latin America protein expression market?

The key players in the market are Merck KGaA, Thermo Fisher Scientific Inc., Lonza Group AG, Agilent Technologies, Inc., New England Biolabs., Takara Bio Inc, Danaher Corporation, Promega Corporation, QIAGEN, Bio-Rad Laboratories, Inc., and GenScript Biotech Corporation.

Meta description

The Latin America protein expression market size is poised for growth, driven by the expansion of the global market, was valued at USD 3 billion in 2023 and is projected to grow at a CAGR of 5.4% during the forecast period of 2024-2032.

*Please Note:* The report will take 7 business days to complete, after order confirmation.