mRNA Therapeutics Market Forecasts to 2032 – Global Analysis By Type (Prophylactic Vaccines, Therapeutic Vaccines, Monoclonal Antibodies, Gene Editing Therapies, Protein Replacement Therapies, and Other Types), mRNA Type, Delivery System, Route of Adminis

According to Stratistics MRC, the Global mRNA Therapeutics Market is accounted for $16.65 billion in 2025 and is expected to reach $56.44 billion by 2032 growing at a CAGR of 19.05% during the forecast period. mRNA therapeutics are a novel class of medical treatments that utilize messenger RNA (mRNA) to instruct cells to produce proteins necessary for preventing or treating diseases. By delivering synthetic mRNA into the body, these therapies enable cells to generate therapeutic proteins directly, rather than administering the proteins externally. This approach offers high specificity, flexibility, and rapid development potential. mRNA therapeutics have gained significant attention for their role in COVID-19 vaccines and are being explored for cancer, genetic disorders, and infectious diseases.

According to the World Health Organization, over 10 million people died from cancer in 2022, and infectious diseases like tuberculosis and influenza continue to affect millions annually.

Market Dynamics:

Driver:

Growing prevalence of chronic and infectious diseases

Infectious diseases, including influenza, HIV, and emerging viral threats, have further underscored the need for rapid-response vaccine platforms. mRNA therapeutics offer a flexible and scalable solution, enabling faster development timelines compared to traditional biologics. The success of mRNA vaccines during the COVID-19 pandemic has validated the platform’s potential and accelerated its adoption. Governments and healthcare systems are investing in mRNA technologies to strengthen pandemic preparedness and address unmet medical needs. As a result, the growing disease prevalence is a major catalyst for the expansion of the mRNA therapeutics market.

Restraint:

High production and development costs

The manufacturing process requires specialized equipment, stringent quality controls, and cold chain logistics, all of which contribute to high operational expenses. Additionally, the need for advanced delivery systems like lipid nano-particles adds complexity and cost to formulation. These financial burdens are particularly challenging for smaller biotech firms and limit accessibility in low- and middle-income countries. The high cost of clinical trials and regulatory compliance further slows down commercialization. Consequently, the economic challenges associated with mRNA therapeutics remain a key restraint to market growth.

Opportunity:

Increased R&D investments and funding

Governments are allocating substantial funding to bolster pandemic preparedness and support innovation in RNA-based medicine. Pharmaceutical giants and biotech startups alike are expanding their pipelines to include mRNA-based vaccines and treatments for cancer, rare diseases, and autoimmune disorders. Strategic collaborations, licensing deals, and venture capital inflows are accelerating clinical development and commercialization. Technological advancements in delivery systems and manufacturing scalability are also attracting investor confidence. This influx of capital and innovation presents a significant opportunity for market expansion and diversification.

Threat:

Cold chain logistics and stability issues

Many mRNA-based products require temperatures as low as -70°C to maintain stability, posing logistical hurdles, especially in remote or resource-limited regions. These requirements increase distribution costs and complicate global access, particularly during large-scale immunization campaigns. Additionally, temperature excursions during transit can compromise product efficacy and safety. Efforts are underway to develop thermostable formulations, but widespread implementation remains limited. Until these stability issues are resolved, cold chain dependency will continue to threaten the scalability and equity of mRNA therapeutics.

Covid-19 Impact:

The COVID-19 pandemic served as a pivotal moment for the mRNA therapeutics industry, propelling it into the global spotlight. Emergency use authorizations for mRNA vaccines demonstrated the platform’s speed, efficacy, and adaptability in combating infectious diseases. This success catalyzed unprecedented investment, regulatory flexibility, and public trust in mRNA technologies. However, the post-pandemic period has seen a recalibration of demand, with declining vaccine sales and shifting R&D priorities. Despite this, the pandemic laid the groundwork for broader applications of mRNA in oncology, rare diseases, and personalized medicine.

The prophylactic vaccines segment is expected to be the largest during the forecast period

The prophylactic vaccines segment is expected to account for the largest market share during the forecast period, due to its proven success in preventing infectious diseases. The rapid development and deployment of COVID-19 mRNA vaccines showcased the platform’s ability to respond to global health emergencies. Prophylactic mRNA vaccines offer advantages such as high efficacy, rapid scalability, and adaptability to emerging variants. Regulatory support and public health initiatives are further driving adoption across both developed and developing regions.

The research institutes segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the research institutes segment is predicted to witness the highest growth rate, attributed to increased government and academic funding is enabling institutes to explore novel mRNA applications beyond infectious diseases. Collaborations between academia and industry are accelerating innovation and facilitating technology transfer. The growing emphasis on personalized medicine and rare disease research is also fueling demand for mRNA-based solutions in academic settings. As a result, research institutes are emerging as dynamic growth engines within the mRNA therapeutics ecosystem.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share. Countries like China, India, Japan, and South Korea are investing heavily in biotechnology infrastructure and vaccine manufacturing capabilities. Rising healthcare expenditure, a large patient population, and supportive government policies are driving regional demand. Local companies are forming strategic alliances with global players to accelerate mRNA development and distribution. Additionally, the region’s proactive response to COVID-19 has laid a strong foundation for future mRNA-based interventions.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR. The region benefits from a robust biotech ecosystem, advanced R&D infrastructure, and strong regulatory support. Leading companies such as Moderna and Pfizer-BioNTech are headquartered here, driving innovation and commercialization. Government initiatives and funding programs continue to support mRNA research across therapeutic areas. The growing focus on personalized medicine and oncology is further accelerating market growth.

Key players in the market

Some of the key players in mRNA Therapeutics Market include ModernaTX, Inc., Shape Therapeutics, BioNTech SE, Orbital Therapeutics, Pfizer Inc., Beam Therapeutics Inc., AstraZeneca plc, Sangamo Therapeutics, Sanofi, Ethris GmbH, GlaxoSmithKline plc (GSK), Gennova Biopharmaceuticals Limited, CureVac N.V., Daiichi Sankyo Company, Limited, Arcturus Therapeutics Holdings Inc., and Vertex Pharmaceuticals Incorporated.

Key Developments:

In June 2025, BioNTech SE and CureVac N.V. announced that they have entered into a definitive Purchase Agreement pursuant to which BioNTech intends to acquire all of the shares of CureVac, a clinical-stage biotech company developing a novel class of transformative medicines in oncology and infectious diseases based on messenger ribonucleic acid (“mRNA”). The all-stock transaction will bring together two highly complementary companies based in Germany.

In November 2023, ShapeTX announced the expansion of its partnership with Roche, with Roche adding a new target to their ongoing collaboration, which was initially established in August 2021. This expansion marks the beginning of a new program where ShapeTX will use its proprietary AI-powered RNA editing platform to develop a potential one-time therapy for patients with high unmet needs for an undisclosed disease affecting millions of people worldwide.

Types Covered:
• Prophylactic Vaccines
• Therapeutic Vaccines
• Monoclonal Antibodies
• Gene Editing Therapies
• Protein Replacement Therapies
• Other Types

mRNA Types Covered:
• Conventional Non-amplifying
• Self-amplifying

Delivery Systems Covered:
• Lipid Nanoparticles (LNPs)
• Cationic Nanoemulsions
• Polymer-Based Carriers
• Peptide-Based Carriers
• Other Delivery Systems

Route of Administrations Covered:
• Intramuscular
• Intravenous
• Subcutaneous
• Intradermal

Applications Covered:
• Infectious Diseases
• Cancer
• Genetic Disorders
• Cardiovascular Diseases
• Autoimmune Diseases
• Respiratory Diseases
• Other Applications

End Users Covered:
• Hospitals & Clinics
• Contract Research Organizations (CROs)
• Research Institutes
• Biopharmaceutical Companies
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Alternative Protein Market, By Source
5.1 Introduction
5.2 Plant-Based
5.2.1 Soy Protein
5.2.2 Pea Protein
5.2.3 Wheat Protein
5.2.4 Rice Protein
5.2.5 Chickpeas
5.3 Mycoprotein
5.4 Algal Protein
5.5 Insect Protein
5.6 Microbial/Fermentation-Based Proteins
5.6.1 Yeast
5.6.2 Bacteria
5.6.3 Fungi
5.6.4 Cell-Based Proteins
6 Global Alternative Protein Market, By Form
6.1 Introduction
6.2 Isolates
6.3 Concentrates
6.4 Textured Proteins
6.5 Powder
6.6 Liquid
6.7 Other Forms
7 Global Alternative Protein Market, By Nature
7.1 Introduction
7.2 Conventional
7.3 Organic
8 Global Alternative Protein Market, By Application
8.1 Introduction
8.2 Food and Beverages
8.2.1 Meat Alternatives
8.2.2 Dairy Alternatives
8.2.3 Baked Goods & Confectionery
8.2.4 Beverages
8.3 Dietary Supplements
8.4 Animal Feed and Pet Food
8.5 Personal Care and Cosmetics
8.6 Infant Formulations
8.7 Clinical Nutrition
8.8 Other Applications
9 Global Alternative Protein Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Archer Daniels Midland (ADM)
11.2 Axiom Foods Inc.
11.3 Cargill Inc.
11.4 SunOpta Inc.
11.5 International Flavors & Fragrances (IFF)
11.6 AGT Food and Ingredients
11.7 Ingredion Inc.
11.8 Beyond Meat
11.9 Kerry Group
11.10 Impossible Foods Inc.
11.11 Roquette Frères
11.12 Emsland Group
11.13 Tate & Lyle PLC
11.14 Bunge Limited
11.15 Glanbia plc
List of Tables
Table 1 Global Alternative Protein Market Outlook, By Region (2024-2032) ($MN)
Table 2 Global Alternative Protein Market Outlook, By Source (2024-2032) ($MN)
Table 3 Global Alternative Protein Market Outlook, By Plant-Based (2024-2032) ($MN)
Table 4 Global Alternative Protein Market Outlook, By Soy Protein (2024-2032) ($MN)
Table 5 Global Alternative Protein Market Outlook, By Pea Protein (2024-2032) ($MN)
Table 6 Global Alternative Protein Market Outlook, By Wheat Protein (2024-2032) ($MN)
Table 7 Global Alternative Protein Market Outlook, By Rice Protein (2024-2032) ($MN)
Table 8 Global Alternative Protein Market Outlook, By Chickpeas (2024-2032) ($MN)
Table 9 Global Alternative Protein Market Outlook, By Mycoprotein (2024-2032) ($MN)
Table 10 Global Alternative Protein Market Outlook, By Algal Protein (2024-2032) ($MN)
Table 11 Global Alternative Protein Market Outlook, By Insect Protein (2024-2032) ($MN)
Table 12 Global Alternative Protein Market Outlook, By Microbial/Fermentation-Based Proteins (2024-2032) ($MN)
Table 13 Global Alternative Protein Market Outlook, By Yeast (2024-2032) ($MN)
Table 14 Global Alternative Protein Market Outlook, By Bacteria (2024-2032) ($MN)
Table 15 Global Alternative Protein Market Outlook, By Fungi (2024-2032) ($MN)
Table 16 Global Alternative Protein Market Outlook, By Cell-Based Proteins (2024-2032) ($MN)
Table 17 Global Alternative Protein Market Outlook, By Form (2024-2032) ($MN)
Table 18 Global Alternative Protein Market Outlook, By Isolates (2024-2032) ($MN)
Table 19 Global Alternative Protein Market Outlook, By Concentrates (2024-2032) ($MN)
Table 20 Global Alternative Protein Market Outlook, By Textured Proteins (2024-2032) ($MN)
Table 21 Global Alternative Protein Market Outlook, By Powder (2024-2032) ($MN)
Table 22 Global Alternative Protein Market Outlook, By Liquid (2024-2032) ($MN)
Table 23 Global Alternative Protein Market Outlook, By Other Forms (2024-2032) ($MN)
Table 24 Global Alternative Protein Market Outlook, By Nature (2024-2032) ($MN)
Table 25 Global Alternative Protein Market Outlook, By Conventional (2024-2032) ($MN)
Table 26 Global Alternative Protein Market Outlook, By Organic (2024-2032) ($MN)
Table 27 Global Alternative Protein Market Outlook, By Application (2024-2032) ($MN)
Table 28 Global Alternative Protein Market Outlook, By Food and Beverages (2024-2032) ($MN)
Table 29 Global Alternative Protein Market Outlook, By Meat Alternatives (2024-2032) ($MN)
Table 30 Global Alternative Protein Market Outlook, By Dairy Alternatives (2024-2032) ($MN)
Table 31 Global Alternative Protein Market Outlook, By Baked Goods & Confectionery (2024-2032) ($MN)
Table 32 Global Alternative Protein Market Outlook, By Beverages (2024-2032) ($MN)
Table 33 Global Alternative Protein Market Outlook, By Dietary Supplements (2024-2032) ($MN)
Table 34 Global Alternative Protein Market Outlook, By Animal Feed and Pet Food (2024-2032) ($MN)
Table 35 Global Alternative Protein Market Outlook, By Personal Care and Cosmetics (2024-2032) ($MN)
Table 36 Global Alternative Protein Market Outlook, By Infant Formulations (2024-2032) ($MN)
Table 37 Global Alternative Protein Market Outlook, By Clinical Nutrition (2024-2032) ($MN)
Table 38 Global Alternative Protein Market Outlook, By Other Applications (2024-2032) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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