The peptide synthesis market has gained major traction in recent years due to the wide applications of peptides in pharmaceutical development and research. Peptides are short chains of amino acids that can regulate numerous biological processes in humans. The peptide synthesis process involves the step-by-step fabrication of custom peptides as per research needs through chemical or enzymatic reactions. Peptides find applications as therapeutic drugs, diagnostics, vaccine development, and other biomedical applications. Technological advancements in peptide synthesis equipment and growing outsourcing of peptide production work to specialized contract manufacturing organizations are supporting the growth of the peptide synthesis industry.

The Global peptide synthesis market is estimated to be valued at US$ 490.58 Mn in 2024 and is expected to exhibit a CAGR of 7.4% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the peptide synthesis market are GenScript Biotech Corporation, Merck KGaA, ThermoFisher Scientific Inc., Syngene, Lonza, Novo Nordisk A/S, Bachem Holding AG, Gyros Protein Technologies, Creative Diagnostics, CEM Corporation, PuroSynth. These players are focusing on capacity expansion and new product launches to strengthen their market presence.

There is a huge opportunity for developing novel peptide-based drugs for the treatment of chronic diseases like cancer, diabetes, and cardiovascular diseases. Many biopharma companies are actively investing Peptide Synthesis Market Trends  discovery and development. Growing outsourcing of custom peptide synthesis jobs to contract manufacturing organizations is opening new revenue streams for market players.

The global expansion of major peptide synthesis companies through partnerships, acquisitions, and direct investments in emerging markets will help penetrate untapped opportunities. Asia Pacific and Middle East regions are witnessing major investments by key players to manufacture peptides for clinical research and commercial applications.

Get More Insights On, Peptide Synthesis Market