Antimicrobial Peptides Market Advancements Highlighted by Revenue Share Study Analysis Report 2024

Antimicrobial Peptides Market is valued at US$ 223.90 Mn in 2023, and it is expected to reach US$ 532.02 Mn by 2031
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Antimicrobial Peptides Market - (By Product (Plant Antimicrobial Peptides, Bacterial Antimicrobial Peptides, Animal Antimicrobial Peptides, Insect Antimicrobial Peptides), By Ailments (Pneumonia, Hepatitis, Bacterial infections, HIV), By Route of Administration (Topical, Subcutaneous, Intravenous), By End User (Pharma and Healthcare, Agriculture Industry, Biological Engineering, Others), By Distribution Channel (Hospital, Research Institutes, Specialty Clinic, Pharmacies)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the Global Antimicrobial Peptides Market is valued at US$ 223.90 Mn in 2023, and it is expected to reach US$ 532.02 Mn by 2031, with a CAGR of 11.65% during the forecast period of 2024-2031.

Antimicrobial peptides are compounds inherent to the host defence mechanism found in both prokaryotic and eukaryotic cells. They safeguard cells against various infectious threats`. Their effectiveness relies heavily on their composition, as they target cytoplasmic membranes, cell walls, DNA, and proteins. The growing public recognition of the advantages associated with genetic testing, spanning ancestry tracing, assessment of disease risks, and personalized healthcare insights, has spurred an increased demand for DTC (Direct-to-Consumer) genetic testing. Consumers are becoming more proactive regarding their health and seek convenient and easily accessible avenues for acquiring genetic information. With a heightened emphasis on personalized healthcare and wellness, the demand for DTC genetic testing is on the rise.

Individuals are increasingly inclined to comprehend their genetic composition to make well-informed decisions pertaining to their lifestyle choices, disease prevention strategies, and treatment options. DTC genetic testing furnishes individuals with invaluable insights into their distinct genetic makeup, facilitating a personalized approach to healthcare. Moreover, advancements in gene sequencing technology and bioinformatics have significantly slashed the cost and duration associated with genetic testing. Additionally, technological progressions have led to a noteworthy reduction in the expenses linked to genetic testing. Operating within the DTC genetic testing market entails navigating a multifaceted regulatory landscape. Varying regulations and guidelines concerning genetic testing, data privacy, and the involvement relies of healthcare professionals exist across different countries.

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List of Prominent Players in the Antimicrobial Peptides:

* Novozymes A/S
* Polypeptide Group
* Beachem Holding AG
* Wuxi Optec
* Ana Spec Inc. (a Eurofins Company)
* Merial
* Ipsen S.A.
* AstraZeneca
* Pfizer Inc.
* GlaxoSmithKline plc
* Merck & Co. Inc.
* Sandoz International GmbH
* Polymedia
* Magennis Inc.
* Probiotic Limited
* Eli Lilly and Company
* Johnson & Johnson Private Limited
* Melinta Therapeutics, LLC
* Vertex Pharmaceuticals Incorporated
* AMP Biotech
* Phoenix Biotechnology Inc.
* Novabiotics
* Others

Market Dynamics:

Drivers-

The heightened awareness of medications and therapies incorporating antimicrobial peptides is expected to elevate the global market for such peptides significantly. Chronic ailments where antibiotic resistance proves ineffective present particularly appealing opportunities for manufacturers of antimicrobial peptides.

The ongoing advancements in biotechnology are streamlining the development and production processes of antimicrobial peptides, thereby fostering market expansion. There is a growing recognition of infection control measures, particularly within healthcare environments, which is driving the demand for antimicrobial peptides as effective solutions. Furthermore, sustained investments in research and development endeavours are fueling the discovery and innovation of novel antimicrobial peptides, thereby sustaining the momentum of the market.

Challenges:

Stringent regulatory standards governing the approval process of antimicrobial peptides could present challenges, causing delays in market entry and raising development expenses. Even with encouraging research findings, not all antimicrobial peptides smoothly progress from experimental stages to viable commercial products, which introduces uncertainties about their market viability. Established antibiotics and other alternative antimicrobial therapies may present competitive barriers, impeding the widespread acceptance of antimicrobial peptides and affecting their market penetration. Additionally, the risk of microbial resistance to antimicrobial peptides underscores the need for ongoing innovation to remain ahead of evolving pathogens and maintain their effectiveness.

Regional Trends:

The North America Antimicrobial Peptides Market is expected to register a major market share. North America is a mature market for antimicrobial peptides, with the United States being a key contributor to market growth. A high prevalence of infectious diseases, a well-established healthcare infrastructure, and robust research and development capabilities are all advantageous to the region. Besides, Asia Pacific had a substantial share in the market APAC Market: The APAC region is experiencing significant growth in the antimicrobial peptides market due to rising healthcare expenditures, increasing awareness about infectious diseases, and growing research and development activities in countries like China, Japan, and India. Moreover, the presence of a large population and the high prevalence of infectious diseases in some APAC countries drive the demand for antimicrobial peptides. The market in APAC is also fueled by government initiatives to improve healthcare infrastructure and combat antimicrobial resistance.

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Recent Developments:

* In Jul 2023, Bio Cote Limited and Eco Finish formed a strategic agreement to incorporate Bio Cote technology into antimicrobial surfaces for residential and commercial pools. This partnership delivers antimicrobial additives designed to inhibit the proliferation of bacteria, algae, viruses, and other microbes, enhancing safety and protection for swimmers in pool settings.

* In July 2022, Boehringer Ingelheim, Evotec SE, and biome Rieux collaborated to create a joint venture with the aim of promoting the discovery of innovative antimicrobials to address antimicrobial resistance. This alliance combines the knowledge of both entities to develop creative solutions.

Segmentation of Antimicrobial Peptides Market-

By Product

* Plant Antimicrobial Peptides
* Bacterial Antimicrobial Peptides
* Animal Antimicrobial Peptides
* Insect Antimicrobial Peptides

By Ailments

* Pneumonia
* Hepatitis
* Bacterial infections
* HIV

By Route of Administration

* Topical
* Subcutaneous
* Intravenous

By End User

* Pharma and Healthcare
* Agriculture Industry
* Biological Engineering
* Others

By Distribution Channel

* Hospital
* Research Institutes
* Specialty Clinic
* Pharmacies

By Region-

North America-

* The US
* Canada
* Mexico

Europe-

* Germany
* The UK
* France
* Italy
* Spain
* Rest of Europe

Asia-Pacific-

* China
* Japan
* India
* South Korea
* Southeast Asia
* Rest of Asia Pacific

Latin America-

* Brazil
* Argentina
* Rest of Latin America

Middle East & Africa-

* GCC Countries
* South Africa
* Rest of Middle East and Africa

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