Global Peptide Synthesis Market size is expected to reach around US$ 400 million by 2026 and growing at a CAGR of 6.6 % over the forecast period 2019 to 2026.
LOS ANGELES, Nov. 20, 2019 (GLOBE NEWSWIRE) -- Acumen Research and Consulting, a global provider of market research studies, in the latest published report titled “Peptide Synthesis Market: by Product (Reagents & Consumables, Equipment, Others), Technology (Solid Phase, Liquid Phase, and Hybrid Phase), End User (Therapeutics, Diagnosis, and Research), Geography (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”.
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The appropriate analytic methods are required for proper synthesis, characterization and application of peptides. There are a number of methods in which peptide types are isolated, purified, detected and quantified. However, several applications are more specific to the nature of peptides and downstream. In addition, some methods are multifunctional because they can be used for two or more analytical applications. Many of these methods have recently been combined with fluorescence capabilities to better collect and analyze data. One of the earliest and most common applications of peptides in biochemical research was to investigate in vitro secondary structures of native proteins.
Opportunity and Strength Analysis of Peptides
Various opportunities and strengths associated with naturally occurring peptides as therapeutics include:-
- Good efficacy, safety and tolerability
- Discovery of new peptides
- High selectivity and potency
- Focused libraries and optimized sequences
- Predictable metabolism
- Formulation development
- Shorter time to market
- Multifunctional peptides and conjugates
- Low attrition rates
- Alternative delivery routes
- Standard synthetic protocol
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Segment Analysis
Peptides are growing from infancy with the latest application in food and agriculture industries. This rise was primarily due to the increased population density, agricultural exposure to disease and increased awareness of the effect of chemical additives and pesticides on the health and the environment. Peptide-oriented food additives are used in the manufacturing process as preservatives, taste alternatives, biosurfactants or antimicrobials. New efforts to reduce the costs of production of peptides against traditional chemicals will lead to potential use of peptides in the food industry.
There are two primary chemistry approaches for the synthesization of peptides: liquid and solid phase synthesis. The chemical cycle of peptide synthesis both in LPS and in SPS was designed to ensure the right integration of AAs in the peptide chain as a stepwise and cyclic procedure. LPS and SPS share many overlaps with just a few variations. Through linking shorter peptide chains to chemical and enzyme-mediated technologies, it is possible to synthesize long peptides.
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North America, Asia Pacific, and Europe is projected to show fast growth rate in the future peptide industry. Use of new technologies and awareness is likely to uplift the demand of peptides over the coming years. Furthermore, Regions like Asia Pacific and North America is projected to show fast growth owing to presence of giant players in the chemical industry.
Key Highlights
- Asia Pacific is projected to witness fastest growth
- North America dominated the Peptide Synthesis market owing to huge presence of manufacturers and consumer awareness.
- Asia Pacific, however, is anticipated to give the Peptide Synthesis industry significant development possibilities in the coming years.
- The market in regions such as Europe and North America is significantly large however, the market is well developed and as such the manufacturers are focusing on capitalizing on the opportunities presented by the emerging nations in the Asia Pacific region.
Key Players
Key players in this market comprise of Bachem Holdings, Biotage, Thermo Fisher, Polypeptide Group, PuroSynth, Syngene, MP Biomedicals, Novo Nordisk A/S, Genscript Biotech, Merck KGaA, etc.
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