Peptide Synthesis Market Demand, Size, Share & Forecast 2032

Peptide Synthesis Market: Industry Perspective

The global peptide synthesis market size was worth around USD 603.6 million in 2023 and is predicted to grow to around USD 955.7 million by 2032 with a compound annual growth rate (CAGR) of roughly 5.36% between 2024 and 2032. The report covers forecasts and analyses for the peptide synthesis market on a global and regional level. The study provides historical data from 2018 along with a forecast from 2024 to 2032 based on revenue (USD Million). 

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The study includes drivers and restraints for the peptide synthesis market and their impact on the demand over the forecast period. Additionally, the report consists of the study of opportunities available in the peptide synthesis market on a global as well as regional level.

Peptide Synthesis Market: Overview

Peptide synthesis is the process of peptide production. A peptide is a long sequence of multiple amino acids linked together via peptide or amide bonds. These peptides can be chemically manufactured synthetically by the condensation reaction of the carboxyl group of one amino acid to the amino group of another. The chemical synthesis starts usually at the C-terminus (carboxyl end) of one amino acid and proceeds towards the N-terminus (amino terminus) opposite to what occurs in living organisms.

To give the users of this report a comprehensive view of the peptide synthesis market we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness.

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The report provides a company market share analysis to give a broader overview of the key players in the peptide synthesis market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the peptide synthesis market on a global and regional basis.

Peptide Synthesis Market: Growth Drivers

The demand for the peptide synthesis market is driven by the increasing use of peptides in the development of pharmaceutical drugs. Also, growth is fuelled by increasing research and development activities for new therapeutic peptide development, availability of government funds, development of technologically advanced peptide synthesizers, and increasing disease burden. However, the lack of an amalgamated set of regulations is expected to restrain the market growth over the forecast period. Emerging countries such as India and China are expected to open new avenues for the peptide synthesis market.

Peptide Synthesis Market: Segment Analysis

The study provides a crucial view of peptide synthesis by segmenting the market based on product, technology, end user and region. All the segments of the peptide synthesis market have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.

Based on the product, the global peptide synthesis market is bifurcated into reagents and equipment. The reagents product segment held the largest market share in 2023 owing to the large volume and continuous use of reagents for research and routine peptide development studies. The equipment segment will register the highest CAGR over the forecast period. This high growth is attributed to technological advancements and increasing demand for advanced equipment for production process optimization and large-volume production. The equipment segment is sub-segmented into lyophilizers, chromatography equipment and peptide synthesizers.

Hybrid and recombinant technology, liquid-phase peptide synthesis and solid-phase peptide synthesis constitute the technology segment of the global peptide synthesis market. Solid-phase peptide synthesis is a widely used technology owing to its advantages such as inexpensive and easy scale-up, high-quality and large-volume peptide production. The hybrid and recombinant technology segment is expected to grow at a rapid CAGR over the forecast period. Growth in the biopharmaceutical industry is expected to contribute to this high growth.

The end-user segment is divided into contract development and manufacturing organizations, academic & research institutes and pharmaceutical & biotechnological companies. The largest end users for the peptide synthesis market in 2023 were pharmaceutical & biotechnological companies. Increasing investments by biopharmaceutical and pharmaceutical companies in new therapeutic peptide development are expected to help retain a large market share of pharmaceutical & biotechnological companies over the forecast period.

Peptide Synthesis Market: Report Scope

Peptide Synthesis Market: Regional Analysis

North America dominated the global peptide synthesis market in 2023. The presence of developed R&D infrastructure, availability of funds, presence of major manufacturers, increasing disease burden of chronic disorders such as cancer, diabetes, obesity, etc., and technological advancements are factors driving the market in this region. Europe held the second leading market position. Increasing R&D spending for the development of new peptide therapeutics and the availability of advanced R&D infrastructure are major factors that boost market growth in this region.

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Latin America will register considerable growth over the forecast period. Asia Pacific is expected to be a highly growing regional market for peptide synthesis. Increasing chronic disease prevalence such as cancer, diabetes, infectious diseases, etc., growing biopharmaceutical and pharmaceutical industry in emerging nations like China and India, and government funding are factors that are expected to propel market growth in Asia Pacific. Middle East and Africa will register sluggish growth compared to other regions due to a lack of funds and poor R&D infrastructure.

Peptide Synthesis Market: Competitive Analysis

The global peptide synthesis market is dominated by players like:

• AAPPTec
• GenScript Biotech Corporation
• Bachem
• Biotage
• AnaSpec
• Gyros Protein Technologies
• CEM Corporation
• Advanced ChemTech
• New England Peptide
• Merck KGaA

The report segments of global peptide synthesis market as follows:

Global Peptide Synthesis Market: By Product

• Reagents
• Equipment
  • Peptide Synthesizers
  • Chromatography equipment
  • Lyophilizers

Global Peptide Synthesis Market: By Technology

• Solid-phase Peptide Synthesis
• Liquid-phase Peptide Synthesis
• Hybrid & Recombinant Technology

Global Peptide Synthesis Market: By End-User

• Pharmaceutical and Biotechnology Companies
• Contract Development and Manufacturing Organizations
• Academic and Research Institutes

Global Peptide Synthesis Market: By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa