Q. What is protein engineering market size in 2021?
What is protein engineering market size in 2021?
The protein engineering market size was valued at USD 2.6 billion in 2021 and is likely to grow at a CAGR of 12.49% during 2022-2028 to reach USD 5.96 billion in 2028.
Market Drivers
The major factors that are driving the market, are-
Increasing investments in synthetic biology,
mounting focus on protein-based drug development by biotechnology and pharmaceutical companies.
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