Market Scenario
Protein therapeutics market size was valued at US$ 229.8 billion in 2024 and is projected to hit the market valuation of US$ 426.8 billion by 2033 at a CAGR of 7.12% during the forecast period 2025–2033.
Key Findings Shaping the Market
Protein therapeutics market is gaining momentum with a spectacular force due to the active and growing clinical trial pipeline. In 2025, almost 19 new antibody-targeted therapies will undergo regulatory filing as there is an imminent wave of potential breakthrough treatments. This strong need reflects the increasing rate of innovations that take place to change the way patients receive care and contribute to the growth of this crucial area of biopharmaceuticals. The pipeline is especially robust during later stages with five bispecific antibodies and four advanced antibody-drug conjugates that are set to enter the market. This large number of assets in stage 4 is a direct indicator of high investment in the industry and high scientific confidence of future approval and drives demand in manufacturing, clinical trials, and professional staff.
Besides, regulatory authorities are going on the defensive with historic approval and that is an affirmation and maintains demand for protein therapeutics market. The EMA and the FDA approved 28 and 19 biosimilars respectively in 2024. Besides biosimilars, regulators across the world gave approval to 53 new drugs with 15 of them being protein therapeutics. This is high rate of successful laboratory to market translation that stimulates additional investment. It also widens the range of treatment and thus, opens new lines of patient group and enhances the overall demand of these sophisticated drugs.
A definitive confirmation of market demand is offered by financial commitment by investors. In 2024, biopharma licensing transactions amounted to a total of 171.2 billion with 30 transactions obtaining over-100-million upfront payment. There was also the inflow of venture capital with the biopharma corporations raising a sum of $27.0 billion worldwide. The confidence in the public markets was also demonstrated because 19 biopharma IPOs raised $3.8 billion by early December 2024. These huge financial flows support an excellent and clear-cut belief in the commercial viability and increase of the protein therapeutics market.
To Get more Insights, Request A Free Sample
Analysis of Top 3 New Horizons of Advanced Therapeutics Protein Markets:
The future of the plasma protein therapeutics market has been characterized by a tremendous growth in the supply chain of raw materials and high-end clinical demand. There is an increased rapid growth of the network of plasma collection centers to address the therapeutic needs. Other key collectors such as CSL Plasma and Octapharma are growing in the U.S. alone, with CSL exceeding 300 centers. This facility expansion is essential to facilitate the high demand of the plasma-derived medicines. Indicatively, one patient with hemophilia A could need a year of treatment in which 1,200 individual donations are needed to provide him with plasma. Moreover, the market can be supported with the constant inflow of product approvals and the extended indications as the companies are constantly moving forward with the therapies of immunology, neurology and coagulation disorders through the channel of regulation.
The market of recombinant plasma protein therapeutics is gaining pace of innovations that are propelled by the high pipeline and strategic investments in R&D. In March 2024, FDA granted IXINITY, a recombinant coagulation Factor IX, a broader label indication, as IXINITY can now be used on pediatric patients, enabling it to expand its market. Hemophilia A and B pipeline is a highly active one, and over 10 companies work on next-generation therapies. In July 2024, Pfizer announced positive results of its Phase 3 AFFINE trial of its hemophilia A gene therapy, which heralded a possible change in paradigms of treatment. Another first-in-class prophylaxis, Hympavzi, against hemophilia A and B, was also approved in October 2024 by the FDA. It is based on the basis of these developments that there is a distinct movement towards more beneficial and convenient non-plasma-derived treatment with the help of substantial R&D investments.
The oral vaccines and Protein therapeutics market is heading towards needle-free solutions where both clinical and financial milestones have been recorded. Vaxart has been a leading force and began the 10,000-part participant of its Phase 2b trial of an oral COVID-19 vaccine in May 2025. This is a massive trial which directly compares its oral candidate to a workable mRNA vaccine, the initial move to potential approval. Investments in such innovation are robust, and in June 2024, Plantform Corp. was given government funding to create a swine virus oral vaccine, which has shown a possible broader use of the technology. Also, companies are already patents on intellectual property, with many patents being registered on oral protein delivery platforms, which are needed to safeguard therapeutic proteins on their way through the digestive system.
Protein Therapeutics Market Future Growth Frontiers.
Cell and Gene Therapy Boom Generates Huge Ancillary Protein Demand.
The cell and gene therapies (CGT) are expanding tremendously and this is giving rise to a large second need of highly specialized proteins in the Protein therapeutics market. As an example, as of early 2024, there are over 420 protein-based vectors gene therapies undergoing clinical trials, all of which use protein-based vectors to deliver the gene therapy. These vectors, in particular the 15 adeno-associated virus (AAV) serotypes most widely used, cannot be produced without huge amounts of particular viral proteins. Also, many of the new therapies are novel engineered proteins, such as CRISPR-Cas9, which drive the revolution of gene-editing. Scientists have already designed more than 2,200 variants of Cas9 protein to enhance specificity and efficiency.
This is leading to the overall CGT manufacturing ecosystem scaling up, which is specifically driving the protein therapeutics market directly. To satisfy this demand, at least 12 new CGT manufacturing plants started being built around the world in 2024. By 2025, the FDA expects to receive over 200 additional new cell and gene therapy applications every year. The need of GMP-grade enzymes, viral capsid proteins and growth factors is huge with 7 approved CAR-T therapies in the U.S and more than 950 active clinical trials of regenerative medicines ongoing in 2024. Delivery systems also require the presence of proteins, and as of 2024, more than 300 patents were registered on lipid nanoparticle protein constituents.
New Market Competitive Demand Dynamics have been created by Biosimilar Wave
The growing biosimilar market is essentially altering the market forces of demand in the protein therapeutics market. There is growing competition, which is clearly manifested in the introduction of 11 Humira biosimilars into the American market up to 2024. This is not only a cost saving exercise but also an initiative that initiates innovation. In order to differentiate, firms are coming up with so-called biobetters, which are better to deliver or work. More than 60 biobetters are in Phase 3 clinical trials all over the world were found as of 2025. The new protein engineering and sophisticated formulation skills are the result of this trend.
Furthermore, the control channel is becoming even more specific, which is fueling the market more. In early 2024, the EMA granted 6 biosimilars to Stelara, which is yet another significant biologic with a growth of competition. The FDA has awarded 5 biosimilar products the designation of interchangeable in the U.S., which is a designation that enhances pharmacy-level substitution and penetration. This trend is both global, and according to the forecasts, by the end of 2025, more than 80 additional biosimilar approvals are expected in China. As a result of this competitive pressure, more than 45 patent settlement agreements have been made between originator and biosimilar companies in 2024 with this influencing the timing and manner of entry into the market and maintaining a dynamic demand cycle.
Segmental Analysis
Targeted Therapy Revolution Heralded by Monoclonal Antibodies.
The segment of mono-clonal antibodies, with its dominant market share of 51% is an example of a fundamental change towards precision medicine. Overall, Monoclonal antibodies take up 13 out of 16 new biologics granted approval by the FDA in 2024, which highlights how research and development in the field is rife; with the approval of donanemab in Alzheimer in July 2024, the field of challenging neurological diseases has received a substantial entry. The robust pipeline within the protein therapeutics market is further highlighted by the 30 investigational antibodies under regulatory review at the end of 2024. momentum is sustained by constant innovation in complex antibody formats.
The clinical activity and regulatory success, in themselves, are overwhelming enough to consolidate the dominance of the segment. The green light that FDA has given on an extra six biologics before mid 2025 indicates no deceleration of the trend. Moreover, the fact that 9 new biologics have received first-in-class therapy status in 2024 is an indication of revolutionary changes that will help meet medical needs that were not met. This commercial success is also palpable, as the US sales on the products of denosumab are almost 5 billion dollars in 2024. A combination of a packed pipeline, expanding applications, and strong market uptake ensures the monoclonal antibody segment will continue to lead the protein therapeutics market for the foreseeable future.
Access only the sections you need—region-specific, company-level, or by use-case.
Includes a free consultation with a domain expert to help guide your decision.
The Unprecedented Market Demand is fueled by Metabolic Disorders.
The impressive market share of the metabolic disorders segment standing at 33% is a direct consequence of the worldwide diabetes and obesity epidemic. Drugs that contain proteins have now become vital in control of chronic illnesses that afflict hundreds of millions of individuals. The 8,412,584 GLP-1 RA prescriptions written in 2018-2024 represent the demand that covers more than 1.8 million patients. The use of newer anti-obesity medications is especially notable, as the number of prescriptions of these medications is skyrocketing to 1.5 million every month in February 2024. Such figures reflect the immense patient population and the clinical success of treatments within the protein therapeutics market.
The high-volume chronic disease and the high value rare disease treatments are drivers of the growth of this segment. Already in 2023 in the first half year, almost 230,000 patients with obesity or overweight have begun taking a GLP-1 RA, as well as more than 180,000 new patients with type 2 diabetes. Their success as blockbuster drugs is secured by the potent impact of these treatments, including semaglutide and tirzepatide that sold 670,000 prescriptions in one month. The consistent and long-term nature of these treatments ensures a sustained revenue stream, reinforcing the metabolic disorders segment as the anchor of the protein therapeutics market.
To Understand More About this Research: Request A Free Sample
Regional Analysis
North America: The Unchallenged Leader of Biologic Innovation
North America, holding over 42% of the global market share, unequivocally leads the protein therapeutics market. Its leadership is anchored on the basis of an innovative research and well-structured administrative framework. As of 2024, Biologics License Applications (BLAs) could be submitted using the advanced format eCTD v4.0, which simplified the submissions. The number of early-stage innovations is overwhelming, and the Center of Biologics Evaluation and Research (CBER) of the FDA has thousands of ongoing Investigational New Drug (IND) programs on biologics. The dedication of the U.S. government is also reflected by large-scale national institutes of health (NIH) support of protein engineering and supporting biotechnologies.
The inflow of venture capital is not yet stopping in the region since the biotechs based in the United States always get investments worth multi-billion dollars every year. The result of this financial firepower is a well-developed ecosystem that has resulted in biotech patents being registered at the USPTO in large numbers per year. Canada is another country which is making significant contribution and it is delivering its own biotech venture capital scene, and there is a significant number of clinical trials. The FDA's final rule in February 2024, clarifying the use of Drug Master Files for biologics, further solidified regulatory predictability, reinforcing the region's position as the primary engine of the global protein therapeutics market.
Europe Champions Integrative Research and Development Regulatory Science.
Europe stands as a formidable force in the protein therapeutics market, driven by collaborative research initiatives and a sophisticated, harmonized regulatory system. The Horizon Europe program EUR95.5 billion is one of them and provides many funding opportunities in 2024 and 2025 in the area of alternative protein research and biomanufacturing. This investment creates a deep pipeline of new therapy. The high number of scientific advice requests by the European Medicines Agency (EMA) of biologics examples is a sign of regulatory leadership as it assists developers at early stages.
The Medicines and healthcare products regulatory agency (MHRA) in the UK is progressing its biosimilar licensing guidance at a national level, which could speed up the process of biosimilars gaining market access. This efficiency was evident with four ustekinumab biosimilars having already been approved by the UK as of September 2024. In Germany, a significant center of clinical research activities, there will be a significant number of ongoing monoclonal antibody clinical trials in 2024.
Asia Pacific: A Bio manufacturing and Biosimilar Superpower.
The Asia Pacific region is rapidly ascending as a critical hub in the protein therapeutics market, defined by its massive manufacturing scale and dynamic biosimilar development. One of its driving forces is China, through its National Medical Products Administration (NMPA) who approved 83 new drugs in 2024, many being biologics. In China, the Center for Drug Evaluation (CDE) received 2,447 biologic products registration applications in 2024, of which 1,188 were INDs and 254 New Drug Applications (NDAs) for biologic products.
To back this volume, the NMPA announced a pilot plan in October 2024 to soften end-to-end manufacturing regulations, increasing the importance of CDMOs in the Protein therapeutics market. India has firmly established itself as a country of choice in biosimilar clinical trials as it has a ready pool of skilled labor and economies of scale to back any submission to FDA and EMA. The regulatory authority of the country, the CDSCO is busy revising its biosimilar regulations to be in line with the international standards. South Korea, meanwhile, is steadily increasing its large biomanufacturing capacity, both in the domestic and international markets.
High-Value Deals and Investments Signal Intense Confidence in Protein Therapeutics Market
Top Companies in the Protein Therapeutics Market
Market Segmentation Overview
By Product
By Applications
By Region
LOOKING FOR COMPREHENSIVE MARKET KNOWLEDGE? ENGAGE OUR EXPERT SPECIALISTS.
SPEAK TO AN ANALYST