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    South Korea Protein Engineering Market

    ID: MRFR/LS/51531-HCR
    200 Pages
    Rahul Gotadki
    September 2025

    South Korea Protein Engineering Market Research Report By Type (Instrument, Reagent, Services & Software), By Application (Food & Detergent Industries, Environment, Medical, Biopolymer Production, Nano Biotechnology), By Method (Rational Protein Design, Directed, Evolution), and By End-user (Pharmaceutical & Biotechnology Companies, Contract Engineering Organizations, Academic Research Institutes)-Forecast to 2035

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    South Korea Protein Engineering Market Research Report-Forecast to 2035 Infographic
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    Table of Contents

    South Korea Protein Engineering Market Summary

    The South Korea Protein Engineering market is projected to grow significantly from 38 USD Million in 2024 to 147 USD Million by 2035.

    Key Market Trends & Highlights

    South Korea Protein Engineering Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 13.09 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 147 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 38 USD Million, reflecting the current investment landscape in protein engineering.
    • Growing adoption of innovative biotechnological solutions due to increasing demand for personalized medicine is a major market driver.

    Market Size & Forecast

    2024 Market Size 38 (USD Million)
    2035 Market Size 147 (USD Million)
    CAGR (2025-2035) 13.09%

    Major Players

    Medytox, Amgen, SK Bioscience, Samsung Biologics, Merck, Roche, Gilead Sciences, Celltrion, Pharming Group, Novo Nordisk, AstraZeneca, LG Chem, Hanmi Pharmaceutical, Green Cross Corporation, Janssen Biotech

    South Korea Protein Engineering Market Trends

    Growing technological investments and the growing need for therapeutic proteins are driving the South Korean protein engineering market's notable expansion. Through a number of programs, including sponsoring academic research and the establishment of innovation centres to advance protein engineering, the South Korean government has taken the initiative to help the biotechnology and life sciences industries. This has made it easier for industry and academia to work together, which has improved protein design and production techniques. Furthermore, South Korea is seeing a rise in the personalised medicine movement as medical professionals work to create customised treatment plans that address the needs of each patient.

    In order to increase productivity and effectiveness in research and production, recent developments indicate an emphasis on incorporating artificial intelligence and machine learning into protein design processes. All things considered, government initiatives, technical breakthroughs, and changing market needs are supporting the South Korean protein engineering industry's significant growth.

    South Korea Protein Engineering Market Drivers

    Market Segment Insights

    Get more detailed insights about South Korea Protein Engineering Market Research Report-Forecast to 2035

    Regional Insights

    Key Players and Competitive Insights

    The South Korea Protein Engineering Market presents a dynamic landscape characterized by a blend of robust research and development, regulatory frameworks, and innovative technologies. This market is driven by the increasing demand for biopharmaceuticals, which rely heavily on engineered proteins for therapeutic applications. Various players in this sector are leveraging advancements in recombinant DNA technology, protein modification, and expression systems to enhance their product offerings. The competitive dynamics are shaped by a combination of local biopharmaceutical companies and multinational corporations that are eager to capitalize on the growing health market. As such, businesses in this space are continually adapting to meet the demands of healthcare professionals and patients alike, making the insights into their strategies and market positioning vital for stakeholders.

    Medytox is a significant player in the South Korea Protein Engineering Market, leveraging its strong foundation in biopharmaceutical development and manufacturing. The company's strengths lie in its proprietary technologies that focus on producing high-quality therapeutic proteins and its commitment to rigorous scientific research. Medytox has established itself as a trusted name in the region through its expansive portfolio of products, particularly in the field of botulinum toxin and therapeutic proteins. The company has also garnered a reputation for effective collaborations with international research institutions, which enhances its innovation capacity. Furthermore, Medytox’s investment in state-of-the-art production facilities and adherence to stringent regulatory standards further solidify its competitive edge, allowing it to respond efficiently to market demands and maintain a strong presence in South Korea’s protein engineering landscape.

    Amgen operates with a significant foothold in the South Korean Protein Engineering Market, known primarily for its groundbreaking biopharmaceuticals that extensively utilize protein engineering techniques. Amgen's key products include monoclonal antibodies and innovative therapies for conditions such as cancer and inflammatory diseases, positioning the company as a leader in providing advanced treatment options within the region. The strength of Amgen lies in its commitment to research and development, continually pushing the boundaries of protein science to deliver more effective and safer therapies. The company has made strategic alliances and acquisitions aimed at bolstering its capabilities and expanding its influence in South Korea. By leveraging local partnerships and employing a thorough understanding of the regulatory landscape, Amgen enhances its market presence, leading to substantial growth opportunities in the ever-evolving pharmaceutical industry.

    Key Companies in the South Korea Protein Engineering Market market include

    Industry Developments

    The South Korea Protein Engineering Market has been experiencing significant advancements recently. In September 2023, Medytox announced the expansion of its protein engineering capabilities, enhancing its focus on therapeutic proteins and antibodies, which is part of a broader trend among South Korean companies toward innovation in biopharmaceuticals. SK Bioscience has also made strides by collaborating with international researchers to develop more effective vaccines using protein engineering technologies. Furthermore, Samsung Biologics reported a significant increase in production capacity in July 2023 to support growing demand for protein-based therapeutics, signaling a robust growth trajectory for the market. In terms of mergers and acquisitions, Merck's acquisition of active pharmaceutical ingredient capabilities from a South Korean firm in August 2023 solidified its position in the protein engineering domain. Additionally, Gilead Sciences has been expanding partnerships with local laboratories for Research and Development initiatives in South Korea. The South Korean government is actively supportive of biopharma growth, providing funding opportunities aimed at enhancing the competitive edge of companies like Celltrion and LG Chem in the global protein engineering sector. The overall market valuation reflects a growing appetite for innovative solutions and has the potential to significantly impact healthcare outcomes domestically and internationally.

    Market Segmentation

    Protein Engineering Market Type Outlook

    • Instrument
    • Reagent
    • Services & Software

    Protein Engineering Market Method Outlook

    • Rational Protein Design
    • Directed
    • Evolution

    Protein Engineering Market End-user Outlook

    • Pharmaceutical & Biotechnology Companies
    • Contract Engineering Organizations
    • Academic Research Institutes

    Protein Engineering Market Application Outlook

    • Food & Detergent Industries
    • Environment
    • Medical
    • Biopolymer Production
    • Nano Biotechnology

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2023 33.99(USD Million)
    MARKET SIZE 2024 38.0(USD Million)
    MARKET SIZE 2035 147.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 13.087% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Million
    KEY COMPANIES PROFILED Medytox, Amgen, SK Bioscience, Samsung Biologics, Merck, Roche, Gilead Sciences, Celltrion, Pharming Group, Novo Nordisk, AstraZeneca, LG Chem, Hanmi Pharmaceutical, Green Cross Corporation, Janssen Biotech
    SEGMENTS COVERED Type, Application, Method, End User
    KEY MARKET OPPORTUNITIES Advancements in gene editing, Growing biopharmaceutical demand, Increasing investment in R&D, Emerging personalized medicine applications, Expanding industrial enzyme production
    KEY MARKET DYNAMICS increasing biotechnology investments, growing demand for therapeutics, advancements in computational biology, rise of personalized medicine, focus on sustainable food sources
    COUNTRIES COVERED South Korea

    Market Highlights

    Author
    Rahul Gotadki
    Assistant Manager

    He holds an experience of about 7+ years in Market Research and Business Consulting, working under the spectrum of Life Sciences and Healthcare domains. Rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. His expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. In addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives

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    FAQs

    What is the expected market size of the South Korea Protein Engineering Market in 2024?

    The South Korea Protein Engineering Market is expected to be valued at 38.0 million USD in 2024.

    What will the South Korea Protein Engineering Market be valued at by 2035?

    By 2035, the overall South Korea Protein Engineering Market is anticipated to reach a valuation of 147.0 million USD.

    What is the expected CAGR for the South Korea Protein Engineering Market from 2025 to 2035?

    The expected CAGR for the South Korea Protein Engineering Market is 13.087% during the period from 2025 to 2035.

    What are the major segments of the South Korea Protein Engineering Market?

    The market is segmented into Instrument, Reagent, and Services & Software.

    What is the market value for Instruments in the South Korea Protein Engineering Market in 2024?

    In 2024, the market value for Instruments in the South Korea Protein Engineering Market is estimated to be 12.0 million USD.

    What will the Reagent market segment reach by 2035?

    The Reagent segment is projected to reach 55.0 million USD by 2035 in the South Korea Protein Engineering Market.

    What is the market value of Services & Software in 2024?

    The Services & Software segment is valued at 11.0 million USD in 2024 within the South Korea Protein Engineering Market.

    Who are the key players in the South Korea Protein Engineering Market?

    Key players in the South Korea Protein Engineering Market include Medytox, Amgen, SK Bioscience, and Samsung Biologics, among others.

    What impact does the current global scenario have on the South Korea Protein Engineering Market?

    The current global scenario presents both challenges and opportunities for growth in the South Korea Protein Engineering Market.

    What are the growth opportunities within the South Korea Protein Engineering Market?

    Growth opportunities exist in expanding applications and innovations within the segments of Instruments and Reagents.

    1. EXECUTIVE
    2. SUMMARY
    3. Market Overview
    4. Key Findings
    5. Market Segmentation
    6. Competitive Landscape
    7. Challenges and Opportunities
    8. Future Outlook
    9. MARKET INTRODUCTION
    10. Definition
    11. Scope of the study
    12. Research Objective
    13. Assumption
    14. Limitations
    15. RESEARCH
    16. METHODOLOGY
    17. Overview
    18. Data
    19. Mining
    20. Secondary Research
    21. Primary
    22. Research
    23. Primary Interviews and Information Gathering
    24. Process
    25. Breakdown of Primary Respondents
    26. Forecasting
    27. Model
    28. Market Size Estimation
    29. Bottom-Up
    30. Approach
    31. Top-Down Approach
    32. Data
    33. Triangulation
    34. Validation
    35. MARKET
    36. DYNAMICS
    37. Overview
    38. Drivers
    39. Restraints
    40. Opportunities
    41. MARKET FACTOR ANALYSIS
    42. Value chain Analysis
    43. Porter's
    44. Five Forces Analysis
    45. Bargaining Power of Suppliers
    46. Bargaining
    47. Power of Buyers
    48. Threat of New Entrants
    49. Threat
    50. of Substitutes
    51. Intensity of Rivalry
    52. COVID-19
    53. Impact Analysis
    54. Market Impact Analysis
    55. Regional
    56. Impact
    57. Opportunity and Threat Analysis
    58. South
    59. Korea Protein Engineering Market, BY Type (USD Million)
    60. Instrument
    61. Reagent
    62. Services
    63. & Software
    64. South Korea
    65. Protein Engineering Market, BY Application (USD Million)
    66. Food
    67. & Detergent Industries
    68. Environment
    69. Medical
    70. Biopolymer
    71. Production
    72. Nano Biotechnology
    73. South
    74. Korea Protein Engineering Market, BY Method (USD Million)
    75. Rational
    76. Protein Design
    77. Directed
    78. Evolution
    79. South
    80. Korea Protein Engineering Market, BY End User (USD Million)
    81. Pharmaceutical
    82. & Biotechnology Companies
    83. Contract Engineering Organizations
    84. Academic
    85. Research Institutes
    86. Competitive Landscape
    87. Overview
    88. Competitive
    89. Analysis
    90. Market share Analysis
    91. Major
    92. Growth Strategy in the Protein Engineering Market
    93. Competitive
    94. Benchmarking
    95. Leading Players in Terms of Number of Developments
    96. in the Protein Engineering Market
    97. Key developments and
    98. growth strategies
    99. New Product Launch/Service Deployment
    100. Merger
    101. & Acquisitions
    102. Joint Ventures
    103. Major
    104. Players Financial Matrix
    105. Sales and Operating Income
    106. Major
    107. Players R&D Expenditure. 2023
    108. Company
    109. Profiles
    110. Medytox
    111. Financial
    112. Overview
    113. Products Offered
    114. Key
    115. Developments
    116. SWOT Analysis
    117. Key
    118. Strategies
    119. Amgen
    120. Financial
    121. Overview
    122. Products Offered
    123. Key
    124. Developments
    125. SWOT Analysis
    126. Key
    127. Strategies
    128. SK Bioscience
    129. Financial
    130. Overview
    131. Products Offered
    132. Key
    133. Developments
    134. SWOT Analysis
    135. Key
    136. Strategies
    137. Samsung Biologics
    138. Financial
    139. Overview
    140. Products Offered
    141. Key
    142. Developments
    143. SWOT Analysis
    144. Key
    145. Strategies
    146. Merck
    147. Financial
    148. Overview
    149. Products Offered
    150. Key
    151. Developments
    152. SWOT Analysis
    153. Key
    154. Strategies
    155. Roche
    156. Financial
    157. Overview
    158. Products Offered
    159. Key
    160. Developments
    161. SWOT Analysis
    162. Key
    163. Strategies
    164. Gilead Sciences
    165. Financial
    166. Overview
    167. Products Offered
    168. Key
    169. Developments
    170. SWOT Analysis
    171. Key
    172. Strategies
    173. Celltrion
    174. Financial
    175. Overview
    176. Products Offered
    177. Key
    178. Developments
    179. SWOT Analysis
    180. Key
    181. Strategies
    182. Pharming Group
    183. Financial
    184. Overview
    185. Products Offered
    186. Key
    187. Developments
    188. SWOT Analysis
    189. Key
    190. Strategies
    191. Novo Nordisk
    192. Financial
    193. Overview
    194. Products Offered
    195. Key
    196. Developments
    197. SWOT Analysis
    198. Key
    199. Strategies
    200. AstraZeneca
    201. Financial
    202. Overview
    203. Products Offered
    204. Key
    205. Developments
    206. SWOT Analysis
    207. Key
    208. Strategies
    209. LG Chem
    210. Financial
    211. Overview
    212. Products Offered
    213. Key
    214. Developments
    215. SWOT Analysis
    216. Key
    217. Strategies
    218. Hanmi Pharmaceutical
    219. Financial
    220. Overview
    221. Products Offered
    222. Key
    223. Developments
    224. SWOT Analysis
    225. Key
    226. Strategies
    227. Green Cross Corporation
    228. Financial
    229. Overview
    230. Products Offered
    231. Key
    232. Developments
    233. SWOT Analysis
    234. Key
    235. Strategies
    236. Janssen Biotech
    237. Financial
    238. Overview
    239. Products Offered
    240. Key
    241. Developments
    242. SWOT Analysis
    243. Key
    244. Strategies
    245. References
    246. Related
    247. Reports
    248. LIST
    249. OF ASSUMPTIONS
    250. South Korea Protein Engineering Market
    251. SIZE ESTIMATES & FORECAST, BY TYPE, 2019-2035 (USD Billions)
    252. South
    253. Korea Protein Engineering Market SIZE ESTIMATES & FORECAST, BY APPLICATION,
    254. 2035 (USD Billions)
    255. South Korea Protein Engineering
    256. Market SIZE ESTIMATES & FORECAST, BY METHOD, 2019-2035 (USD Billions)
    257. South
    258. Korea Protein Engineering Market SIZE ESTIMATES & FORECAST, BY END USER, 2019-2035
    259. (USD Billions)
    260. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    261. ACQUISITION/PARTNERSHIP
    262. LIST
    263. Of figures
    264. MARKET SYNOPSIS
    265. SOUTH
    266. KOREA PROTEIN ENGINEERING MARKET ANALYSIS BY TYPE
    267. SOUTH
    268. KOREA PROTEIN ENGINEERING MARKET ANALYSIS BY APPLICATION
    269. SOUTH
    270. KOREA PROTEIN ENGINEERING MARKET ANALYSIS BY METHOD
    271. SOUTH
    272. KOREA PROTEIN ENGINEERING MARKET ANALYSIS BY END USER
    273. KEY
    274. BUYING CRITERIA OF PROTEIN ENGINEERING MARKET
    275. RESEARCH
    276. PROCESS OF MRFR
    277. DRO ANALYSIS OF PROTEIN ENGINEERING MARKET
    278. DRIVERS
    279. IMPACT ANALYSIS: PROTEIN ENGINEERING MARKET
    280. RESTRAINTS
    281. IMPACT ANALYSIS: PROTEIN ENGINEERING MARKET
    282. SUPPLY /
    283. VALUE CHAIN: PROTEIN ENGINEERING MARKET
    284. PROTEIN ENGINEERING
    285. MARKET, BY TYPE, 2025 (% SHARE)
    286. PROTEIN ENGINEERING MARKET,
    287. BY TYPE, 2019 TO 2035 (USD Billions)
    288. PROTEIN ENGINEERING
    289. MARKET, BY APPLICATION, 2025 (% SHARE)
    290. PROTEIN ENGINEERING
    291. MARKET, BY APPLICATION, 2019 TO 2035 (USD Billions)
    292. PROTEIN
    293. ENGINEERING MARKET, BY METHOD, 2025 (% SHARE)
    294. PROTEIN
    295. ENGINEERING MARKET, BY METHOD, 2019 TO 2035 (USD Billions)
    296. PROTEIN
    297. ENGINEERING MARKET, BY END USER, 2025 (% SHARE)
    298. PROTEIN
    299. ENGINEERING MARKET, BY END USER, 2019 TO 2035 (USD Billions)
    300. BENCHMARKING
    301. OF MAJOR COMPETITORS

    South Korea Protein Engineering Market Segmentation

    • Protein Engineering Market By Type (USD Million, 2019-2035)

      • Instrument
      • Reagent
      • Services & Software

     

    • Protein Engineering Market By Application (USD Million, 2019-2035)

      • Food & Detergent Industries
      • Environment
      • Medical
      • Biopolymer Production
      • Nano Biotechnology

     

    • Protein Engineering Market By Method (USD Million, 2019-2035)

      • Rational Protein Design
      • Directed
      • Evolution

     

    • Protein Engineering Market By End User (USD Million, 2019-2035)

      • Pharmaceutical & Biotechnology Companies
      • Contract Engineering Organizations
      • Academic Research Institutes
    Report Infographic
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    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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