Peptide Synthesis Market Analysis by Top Manufacturers with Recent Trends 2032
The global peptide synthesis market size reached USD 506.2 Million in 2021 and is expected to register a revenue CAGR of 7.2% during the forecast period, according to the latest analysis by Emergen Research. Peptide synthesis market revenue growth is driven by factors such as increasing use of peptides in pharmaceutical drugs, development of personalized medicine, increase in research activities & availability of funding for Research and Development (R&D). Synthesis of peptides involves the production of a peptide bond that links two amino acids. Developments in protein synthesis chemistry and methodologies have led to the widespread use of synthesis methods in high-throughput biomedical research, product design and development, and drug discovery. In addition to being able to replicate peptides discovered in biological specimens, modern peptide synthesis techniques allow for generation of novel peptides to optimize a particular biochemical reaction or other outcomes. Peptide synthesis technology is produced by an optimal combination of both chemical synthesis & enzyme synthesis since the advantages of both these technologies have been proven to synergize suitably. Peptide synthesis has several uses, including in medicine, research, and diagnosis.
Some of the key factors driving the growth of the global Peptide Synthesis market include expanding R&D efforts to develop novel Peptide Synthesis products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market's dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.
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Effect of COVID-19 on the global market for Peptide Synthesis
The COVID-19 pandemic had a significant negative influence on the market for Peptide Synthesis in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Peptide Synthesis were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Peptide Synthesis in 2020. Additionally, demand for Peptide Synthesis decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Peptide Synthesis market : Competitive Landscape
The prominent players operating in the Peptide Synthesis market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Peptide Synthesis market .
Some of the prominent players operating in the market are:
GenScript, ThermoFisher Scientific, Merck KGaA, Bachem, Kaneka Corporation, Biotage, Syngene International Limited, Mesa Labs, Inc., CEM Corporation, ProteoGenix
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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Key questions answered in the report:
What will be the development pace of Peptide Synthesis market ?
What are the key factors driving the Global Peptide Synthesis market ?
Who are the key manufacturers in the market space?
What are the openings, hazards, and outline of the market?
What is sales, revenue, and price analysis of top manufacturers of Peptide Synthesis market ?
Who are the distributors, traders, and dealers of Peptide Synthesis market ?
What are the Peptide Synthesis market opportunities and threats faced by the vendors in the Global Peptide Synthesis industries?
What are deals, incomes, and value examinations by types and utilizations of the market?
What are deals, income, and value examinations by areas of enterprises?
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Segments Covered in this report are:
Product Type Outlook (Revenue, USD Million; 2019-2030)
- Reagents
- Equipment
Technology Outlook (Revenue, USD Million; 2019-2030)
- Solid-phase peptide synthesis
- Liquid-phase peptide synthesis
- Hybrid & recombinant technology
End-Use Outlook (Revenue, USD Million; 2019-2030)
- Pharmaceutical & Biotechnology Companies
- Contract Development & Manufacturing Organization and Contract Research Organization
- Academic & Research Institutes
- Others
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Regional Bifurcation of the Peptide Synthesis market Includes:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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