The global GMP protein (E. coli) contract manufacturing market is estimated to be valued at US$ 685.8 Mn in 2024 and is expected to exhibit a CAGR of 9.7% over the forecast period 2023 to 2030. GMP or "good manufacturing practices" protein derived from E. coli are being widely used for developing biologic drugs owing to its advantages such as high yield, stability and cost-effectiveness. The use of recombinant E. coli allows for efficient and scalable production of therapeutic proteins required for developing novel biologics which is driving significant demand in the biopharmaceutical industry.
The global GMP protein (E. coli) contract manufacturing market provides analytical grade proteins produced under strict GMP guidelines for R&D and clinical trial purposes. With the growing pipeline of biologics drugs and increasing outsourcing of bioproduction, the demand for cost-effective and reliable contract manufacturing services is increasing. Majority of drugmakers rely on contract manufacturing organizations for developing and manufacturing biologics to leverage their expertise and capabilities.
Key Takeaways
Key players operating in the GMP protein (E. coli) contract manufacturing market are Merck & Co., Inc., Thermo Fisher Scientific Inc., Abcam plc, GenScript, Biomay AG, SOL GROUP, Proteintech Group, Inc., Nordmark Pharma GmbH, Sino Biological, Inc., Abnova Corporation, Eurofins Scientific, Arcline Investment Management LP, Abgenex, Xpress Biologics, Avid Bioservices Inc, Bio-Techne, Northway Biotech, Aldevron, Institut Mérieux, PerkinElmer Inc., Creative BioMart, Profacgen, ProBioGen AG, 53Biologics, Leadgene Biomedical, Inc., Ajinomoto Bio-Pharma, FUJIFILM Diosynth Biotechnologies, Avioq, Inc, Biovian Oy, KBI Biopharma, GTP Bioways, QIAGEN, Suzhou Novoprotein Technology Co., Ltd., ACROBiosystems, Kactus, F. Hoffmann-La Roche Ltd., and Enzo Life Sciences, Inc.
The key opportunities in the market include increasing outsourcing of bioproduction activities by biopharma companies and growing need for cost-effective contract manufacturing solutions. Additionally, rising investments by CMOs in expanding their manufacturing capabilities is expected to present lucrative growth opportunities over the forecast period.
The global expansion of key players through mergers and acquisitions is further expected to strengthen their market presence across different geographies.
Market Drivers
Increasing R&D investments and clinical trial activities for developing novel biologics is a major factor fueling the demand for GMP-grade recombinant proteins. Additionally, growing prevalence of chronic diseases and rising geriatric population relying on biologic drugs for treatment is further propelling the market growth.
PEST Analysis for GMP Protein (E. coli) Contract Manufacturing Market
Political: Government policies related to providing financial assistance and increasing investments to support contract manufacturing companies and encourages adoption of novel biologics will drive the market growth.
Economic: Growing biopharmaceutical industry, rising demand for cost-effective and large-scale production of therapeutic proteins continues to boost the market.
Social: Increasing prevalence of chronic diseases and focus on development of biologics for treatment; growing healthcare expenditure propels the market.
Technological: Advancements in gene synthesis, protein expression and purification technologies enable rapid, precise, and large-scale production; continuous development of novel E. coli strains improves yields.
The GMP Protein (E. coli) Contract Manufacturing Market in terms of value is primarily concentrated in North America and Europe. North America currently dominates the market due to presence of large biopharmaceutical companies and strong focus on R&D by these players. Europe is the second largest regional market led by countries including Germany, UK, France, and Italy owing to government support for research.
The Asia Pacific region is projected to be the fastest growing market during the forecast period. Rapidly developing biopharmaceutical industry, rising investments by global players to establish manufacturing facilities, availability of low-cost skilled workforce drives the market growth in the region. Countries such as China, India, and South Korea offer lucrative opportunities for contract manufacturing organizations.