Saudi Arabia Research-grade Proteins Market Size & Outlook
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Saudi Arabia research-grade proteins market highlights
- The Saudi Arabia research-grade proteins market generated a revenue of USD 7.5 million in 2024 and is expected to reach USD 13.6 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 10.8% from 2025 to 2030.
- In terms of segment, cytokines & growth factors was the largest revenue generating product in 2024.
- Cytokines & Growth Factors is the most lucrative product segment registering the fastest growth during the forecast period.
Research-grade proteins market data book summary
| Market revenue in 2024 | USD 7.5 million |
| Market revenue in 2030 | USD 13.6 million |
| Growth rate | 10.8% (CAGR from 2025 to 2030) |
| Largest segment | Cytokines & growth factors |
| Fastest growing segment | Cytokines & Growth Factors |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cytokines & Growth Factors, Antibodies, Immune checkpoint proteins, Virus Antigens, Enzymes, Recombinant Regulatory Protein, Hormones |
| Key market players worldwide | Thermo Fisher Scientific Inc, Danaher Corp, Bio-Techne Corp, Sino Biological, Miltenyi Biotec, Proteintech Group, Prospec, New England Biolabs |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.8% of the global research-grade proteins market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia research-grade proteins market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.7 million by 2030.
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Research-grade Proteins Market Scope
Research-grade Proteins Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| New England Biolabs | View profile | 501-1000 | Ipswich, Massachusetts, United States, North America | http://neb.com |
| Prospec | View profile | 1-10 | Rehovot, HaMerkaz, Israel, Asia | http://www.prospecbio.com/ |
| Proteintech Group | View profile | 251-500 | Rosamond, Illinois, United States, North America | http://www.ptglab.com |
| Miltenyi Biotec | View profile | 1001-5000 | Bergisch Gladbach, Nordrhein-Westfalen, Germany, Europe | http://www.miltenyibiotec.com |
| Sino Biological | View profile | 251-500 | Beijing, Beijing, China, Asia | http://www.sinobiological.com |
| Bio-Techne Corp | View profile | 3050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | https://www.bio-techne.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Saudi Arabia research-grade proteins market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to research-grade proteins market will help companies and investors design strategic landscapes.
Cytokines & growth factors was the largest segment with a revenue share of 25.33% in 2024. Horizon Databook has segmented the Saudi Arabia research-grade proteins market based on cytokines & growth factors, antibodies, immune checkpoint proteins, virus antigens, enzymes, recombinant regulatory protein, hormones covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of Saudi Arabia's research-grade proteins market can primarily be attributed to various initiatives undertaken by the government to expand the biotechnology sector in the country.
According to the news article published by Al Arabiya Network in June 2022, the Saudi Arabian Minister of Industry and Mineral Resources, as chairman of the biopharmaceutical industry committee, announced several investment opportunities, with an overall worth of USD 3. 4 billion, in vital medicine and vaccines to accomplish the Kingdom's pharmaceutical and health security objectives.
Moreover, according to the May 2023 press release, the government of Saudi Arabia introduced regulatory changes aimed at promoting investment and facilitating the growth of the domestic pharmaceutical sector.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia research-grade proteins market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia research-grade proteins market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia research-grade proteins market size, by cytokines & growth factors, 2018-2030 (US$M)
Saudi Arabia Research-grade Proteins Market Outlook Share, 2024 & 2030 (US$M)
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