The latest market sizing data for the year 2023, extended up to 2032, has been integrated into The Business Research Company’s comprehensive global market reports.

In accordance with The Business Research Company’s Peptide Antibiotics Global Market Report 2023, the size of the global peptide antibiotics market expanded from $4.23 billion in 2022 to $4.58 billion in 2023, registering a compound annual growth rate (CAGR) of 8.3%. Anticipated growth is projected to carry the peptide antibiotics market size to $6.22 billion by 2027, with a CAGR of 7.9%.

What was the major driver in the peptide antibiotics market?
The rise in the prevalence of diverse infectious diseases is projected to impel the growth of the peptide antibiotics market. Infectious diseases stem from harmful microorganisms including bacteria, fungi, parasites, among others. Factors such as rapid urbanization, climate change, heightened risk of disease emergence, and more have amplified the demand for peptide antibiotics. These antibiotics rupture cell membranes, rendering them effective against bacteria. For instance, in July 2022, the Australian Institute of Health and Welfare reported that notifiable infectious disease cases in Australia increased from 2.89 million in 2020 to 7.02 million in 2021, indicating a significant rise. This elevation in infectious cases underlines the driving force behind the growth of the peptide antibiotics market.

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What was the key trend in the peptide antibiotics market?
The ascent of strategic partnerships emerges as a significant trend within the peptide antibiotics market. Major entities operating in this domain are forging partnerships to extend their market reach and leverage mutual resources. For instance, in January 2022, Berkeley Lights, a US-based digital cell biology company, collaborated with Aanika Biosciences. This alliance enabled Aanika to leverage Berkeley Lights’ high-throughput functional screening service to swiftly discover and refine functional antimicrobial peptides (AMPs) that eliminate dangerous bacteria, particularly those causing foodborne disease outbreaks. This partnership also employed the Beacon Optofluidic Platform to identify antibacterial peptides for developing a novel antibacterial tag, securing the food supply chain. Aanika Biosciences is a US-based biotechnology company.

Which was the largest region in the peptide antibiotics market?
In 2022, North America held the largest share of the peptide antibiotics market. The global peptide antibiotics market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Who are the peptide antibiotics market prominent players?
Key players in the peptide antibiotics market comprise Eli Lilly and Company, GlaxoSmithKline plc, Novartis AG, Pfizer, Inc., Theravance Biopharma, Pacgen Life Science Corporation, Kasten, Savara Pharmaceuticals, Merck KGaA, Madam Therapeutics, Allergan PLC., Dr. Reddy’s Laboratories Ltd., Sanofi, Fresenius Kabi AG, Novo Holdings A/S, and Teva Pharmaceutical Industries Ltd. The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

Key peptide antibiotics market segments
1) By Type: Ribosomal Synthesized Peptide Antibiotics, Non-rRibosomal Synthesized Peptide Antibiotics
2) By Drugs: Daptomycin, Dalbavancin, Telavancin, Other Drugs
3) By Disease Outlook: Skin Infection, HABP/VABP, Blood Stream Infection, Other Diseases
4) By Distribution Channel: Hospitals, Homecare, Specialty Clinics, Other Distribution Channels

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Comprehensive Insight from The Peptide Antibiotics Global Market Report 2023
The Peptide Antibiotics Global Market Report 2023  offers an in-depth overview of the market size, trends, drivers, opportunities, strategies, and company analysis. Through these reports, businesses can effectively analyze data and formulate informed strategies.

View More Related Reports –
Peptide Therapeutics Global Market Report 2023
Biosimilar Therapeutic Peptides Global Market Report 2023
Pharmaceutical Drug Delivery Global Market Report 2023

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