BMI Observes Sustainable Manufacturing Trends in Peptide Synthesis Market

The Peptide Synthesis market crossed the US$ 525 million mark in 2022 and is expected to hit US$ 775 million by 2030, recording a CAGR of 7.0% during the forecast period.

The "Peptide Synthesis Market forecast 2030 report analyses the present and future competitive scenario of the analytics industry. Peptide Synthesis Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, with focus on leading key player's areas that have witnessed the highest demand, leading regions and applications.

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The report covers an in-depth analysis of the key market players within the market
o Merck KGaA
o Aapptec
o CEM Corporation
o Pfizer Inc.
o Sanofi
o GenScript
o Biotage
o Eli Lilly and Company
o Teva Pharmaceutical
o AstraZeneca Plc

Due to their versatile nature, peptides are gaining traction in various pharmaceutical drugs for managing various diseases, such as cancer, diabetes, obesity, and others. Currently, more than 100 peptide drugs are available on the market and are showing huge adoption rates among patients. The market for peptide synthesis is growing with the growing commercial popularity. For example, Lupron manufactured by Abbvie is a peptide-based medication indicated to treat diseases including prostate cancer and others and had all sales of more than USD 755 million in 2020. In 2021, the reagents segment held the maximum share in the global market mainly due to expanding applications in various therapeutic areas.

In this report, the market has been segmented on the basis of:

• Product:
o Reagents
o Synthesizers
o Chromatography

• Therapeutic area:
o Cardiovascular disorder
o Cancer
o Respiratory disorder
o Metabolic disorder
o Dermatology
o Others

• End User:
o Pharmaceutical and Biotechnological companies
o Contract research organizations
o Academic and research institutes
o Others

• Region
o North America
o Europe
o Asia Pacific (APAC)
o South & Central America
o Middle East & Africa

Recent strategic developments in the peptide synthesis market
The cell culture market has undergone several significant developments, and a few of these have been mentioned below:
• In August 2021, Bachem Holding AG entered into collaboration with Novo Nordisk to design a greener technology for solid-phase peptide synthesis (SPPS), under which two studies were conducted to find solvent alternatives to replace the reprotoxic N, N-dimethylformamide (DMF), dichloromethane (DCM), and N-methyl-2-pyrrolidone (NMP).
• In February 2021, Thermo Fisher Scientific (US) introduced novel capillary chromatography columns for proteomics, clinical peptides, and biopharmaceutical research laboratories performing high throughput, high-performance liquid chromatography (HPLC), or liquid chromatography-mass spectrometry (LC-MS) analysis.

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Market Analysis and Insights: Peptide Synthesis Market
Peptide Synthesis Market report elaborates the market size, market characteristics, and market growth of the Peptide Synthesis industry, and breaks down according to the type, application, and consumption space of Peptide Synthesis. The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.

Some of the key queries answered in this report:
• -What can we estimate about the anticipated growth rates and also the Peptide Synthesis industry size by 2030?
• -What will happen in the coming existing and emerging markets?
• -Which are the five top players within the Peptide Synthesis market?
• -How can the Peptide Synthesis market change in the upcoming years?
• -Which product and application will take a share of the Peptide Synthesis market?
• -What will be the CAGR and size of the Peptide Synthesis market throughout the forecast period?
• -What are the market opportunities and challenges two-faced by the key vendors?
• -Who are the major competitors and what is their strategy?
• -What are the barriers to entry for new players in the market?
• -What would be the upcoming Peptide Synthesis market behaviour forecast with trends, challenges, and drivers for development?
• -What business opportunities and dangers are faced by vendors in the market?
• -Which would be Peptide Synthesis industry opportunities and challenges have faced by most vendors in the market?
• -What will be the outcomes of this market SWOT five forces analysis?

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This release was published on openPR.