DUBLIN–(BUSINESS WIRE)–The “Peptide Synthesis Market: Industry Trends and Global Forecasts, Till 2035: Distribution by Type of Peptide Synthesis Method, Type of Chemical Synthesis, Contract Manufacturing Organization Size, Key Geographical Regions” report has been added to ResearchAndMarkets.com’s offering.
The global peptide synthesis market size is estimated to grow from USD 2.8 billion in 2024 to USD 5.1 billion by 2035, representing a CAGR of 5.5% during the forecast period 2024-2035.
This research study consists of industry trends, detailed peptide synthesis market analysis, key market insights, total cost of ownership, market impact analysis, and peptide synthesis market forecast and opportunity analysis. The growth in the opportunity for the contract manufacturers over the next decade is likely to be the result of anticipated rise in the demand for peptide therapeutics.
One of the key objectives of this market report was to estimate the current market size, opportunity and the future growth potential of the contract manufacturing in the peptide synthesis market, over the forecast period. Based on multiple parameters, likely adoption trends and through primary validations, the analyst has provided an informed estimate on the market evolution during the forecast period 2024-2035.
The growing research activity in this domain and surge in demand for such treatment modalities has prompted the developers to expand their capabilities and upgrade the manufacturing equipment. However, the process of peptide synthesis is fraught with several challenges, including shortage of production capacity, which has prompted the developers to outsource key operations, specifically the complex manufacturing processes, to contract service providers, which helps to reduce cost as well as overall time to market. In fact, several pharmaceutical and biotechnology companies are actively collaborating with CMOs that offer improved technology platforms to increase the bioavailability of peptide drugs and enhance the efficacy of the peptide synthesis process.
Further, the demand for outsourcing witnessed a surge with the entry of generics of semaglutide into the peptide synthesis market. It is worth highlighting that the demand for GLP-1 peptide API contract manufacturing has increased significantly, growing at an annualized rate of 37% during 2017-2023, owing to its benefits in treating metabolic disorders, such as type II diabetes and obesity. The aforementioned factors are likely to provide lucrative opportunities to the contract manufacturers in peptide synthesis market in the near future.
Competitive Landscape of Contract Manufacturers in the Peptide Synthesis Market
The current market landscape features the presence of over 75 contract manufacturers offering a variety of services related to peptide synthesis; these include analytical / process development, large scale production, regulatory support, validation batches, formulation development, packaging and labeling, pre-formulation, custom peptide synthesis and registration batches, peptide modification, peptide purification technology used, regulatory certifications and accreditations.
Further, the peptide manufacturing market features the presence of very small, small, mid-sized, large, and very large companies having the required expertise to offer contract manufacturing services across the globe. In addition, they have undertaken several initiatives, such as entering into partnerships, and expanding their existing capabilities and capacities, in order to cater to the increasing demand for peptide therapeutics.
Key Attributes:
Report Attribute | Details |
No. of Pages | 390 |
Forecast Period | 2024 – 2035 |
Estimated Market Value (USD) in 2024 | $2.8 Billion |
Forecasted Market Value (USD) by 2035 | $5.1 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
Market Share by Type of Peptide Synthesis Method
Market Share by Type of Chemical Synthesis Method
Market Share by Contract Manufacturing Organization Size
Market Share by Geography
Key Market Insights
Peptide Synthesis Market Trends
Key Drivers of Contract Manufacturing
Peptide Synthesis Market Share Insights
For more information about this report visit https://www.researchandmarkets.com/r/xckawf
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