InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the ” “Global Peptide CDMO (Pharmaceutical) Market Trends, Industry Competition Analysis, Company Profiles, Revenue Estimates and Forecast To 2031.”
According to the latest market research report, The Peptide CDMO (Pharmaceutical) Market Size is valued at 2173.44 Million in 2022 and is predicted to reach 4784.50 Million by the year 2031 at a 9.3 % CAGR during the forecast period for 2023-2031. By region, Asia Pacific dominated the market with a market share of 42.4% in 2021.
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Peptides are small protein molecules that contain fewer amino acids compared to proteins. Peptide therapeutics play an essential role in addressing unmet medical needs. Several peptide drugs have reached the market for treating different diseases, including cancer, diabetes, osteoporosis, chronic pain, multiple sclerosis, and HIV infection. Peptide CDMO is considered an emerging market due to its excellent peptide therapeutic properties and promising potential for the contract API manufacturing industry.
Factors such as the developing healthcare infrastructure, increasing medical applications of peptides, rising healthcare expenditures, emerging peptide design technologies, growing usage of peptides for drug development, rising R&D investments for peptide-based therapies, high prevalence of chronic diseases, and the use of bioinformatics and systematic biological approaches for peptide designing are predicted to drive the peptide CDMO (pharmaceutical) market during the forecast years. The high prevalence of chronic and infectious diseases leads to increased drug demands. Hence, pharmaceutical companies began to opt for peptides and CDMOs services to manage the product manufacturing burden. Peptides are used due to their high specificity, tolerability, and ease of manufacturing, and contract manufacturing services save time and enhance production efficiency. Likely to surge the business growth opportunities for the peptide CDMO (pharmaceutical) market over the projected period.
However, factors such as the expensive CDMOs services and the need for specialized expertise for peptide production are estimated to impede the market development over the estimated timeframe.
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Regionally, North America, followed by Europe, is projected to lead the peptide CDMO (pharmaceutical) market during the forecast period (2023-2031), owing to the well-developing CDMOs, availability of peptide synthesis technologies, and the surging demand for peptides and drugs to treat chronic conditions.
Key market players operating in the peptide CDMO (pharmaceutical) market include AmbioPharm, Auspep, Bachem, BCN Peptide, CPC Scientific, CBL- Chemical and Biopharmaceutical Laboratories, ScinoPharm, Olon, Belyntic, Ferring Pharma, Numaferm, Hybio Pharmaceutical, Provepharm life solutions, Enzene Biosciences, Ardena Holding, Stelis Biopharma, Piramal Pharma, Space Peptides PharmaceuticalCreative Peptides, CSBio, Corden Pharma, PolyPeptide, Hybio Pharmaceutical, Peptide Institute, Pepscan, Almac, Chinese Peptide, CreoSalus Inc, Vivitide, Senn Chemicals, Wuxi AppTec, among others.
Key developments in the market:
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Market Segments
Global Peptide CDMO (Pharmaceutical) Market, by Scale of Operation, 2023-2031 (Value US$ Mn)
Global Peptide CDMO (Pharmaceutical) Market, by Method Used, 2023-2031 (Value US$ Mn)
Global Peptide CDMO (Pharmaceutical) Market, by By Applications, 2023-2031 (Value US$ Mn)
Global Peptide CDMO (Pharmaceutical) Market, by Synthesis Types, 2023-2031 (Value US$ Mn)
Global Peptide CDMO (Pharmaceutical) Market, by Region, 2023-2031 (Value US$ Mn)
North America Peptide CDMO (Pharmaceutical) Market, by Country, 2023-2031 (Value US$ Mn)
Europe Peptide CDMO (Pharmaceutical) Market, by Country, 2023-2031 (Value US$ Mn)
Asia Pacific Peptide CDMO (Pharmaceutical) Market, by Country, 2023-2031 (Value US$ Mn)
Latin America Peptide CDMO (Pharmaceutical) Market, by Country, 2023-2031 (Value US$ Mn)
The Middle East & Africa Peptide CDMO (Pharmaceutical) Market, by Country, 2023-2031 (Value US$ Mn)
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