Peptide Therapeutics Market Forecast and Analysis: Key Insights into Growth, Trends, and Emerging Opportunities
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How Will the Growth Rate of the Peptide Therapeutics Market Shape Industry Trends by 2034?
The market size for peptide therapeutics has been expanding quickly in recent times. The increase will see it rise from $45.15 billion in 2024 to $49.67 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.0%. The upward trend in the historical phase is mainly due to the rising instances of chronic health conditions, enhanced comprehension of molecular biology, and broader utilization in the field of oncology.
In the forthcoming years, the peptide therapeutics market is anticipated to experience swift expansion, with its value estimated to ascend to $76.64 billion in 2029 and a compound annual growth rate (CAGR) of 11.5%. This upward trajectory during the forecast period can be linked to the swelling demand for personalized medication, the extended application in immunotherapy, the advancement of peptide delivery mechanisms, the emergence of peptide targets in infectious disorders, and an escalated focus on rare diseases. The forecast period will also witness notable trends such as the technological growth in peptide synthesis, rising investments and funding, focus on the safety of peptide drugs, expansion of the market in emerging economies, and the utilization of artificial intelligence (AI).
What Major Innovations Are Driving the Accelerated Growth of the peptide therapeutics Market?
The peptide therapeutics market is predicted to surge due to the growing prevalence of chronic illnesses. Chronic diseases are enduring ailments that, while can occasionally be cured and managed, frequently can’t be completely healed. A rising number of these ailments stems from factors such as usage of tobacco products, improper nutrition, lack of physical activity, excessive alcohol consumption, among others. Peptide therapeutics come into play here, as they help in preventing and treating certain chronic ailments. For example, a US report from the National Library of Medicine in January 2023 has predicted that, by 2050, the number of individuals aged 50 and above in the US suffering from at least one chronic condition will experience a 99.5% increase, amounting to 142.66 million. Consequently, the increasing instances of chronic diseases are expected to stimulate the peptide therapeutics market over the course of the projected period.
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Who Are the Key Market Players Influencing the Growth of the Peptide Therapeutics Industry?
Major companies operating in the peptide therapeutics market include:
• Pfizer Inc._x000D_
• Jhonson & Jhonson_x000D_
• Abbvie Inc._x000D_
• Novartis AG_x000D_
• Bristol-Myers Squibb Company_x000D_
What Key Market Trends Are Shaping the Future of the Peptide Therapeutics Industry?
In an effort to gain a competitive advantage in the peptide therapeutics market, leading companies are focusing on the development of advanced solutions like cell culture processes. This technique involves the cultivation of cells outside their typical environment, under specified, controlled conditions. It’s a process that includes extracting cells of interest from living tissue and subsequently sustaining them. For instance, a specialty chemicals company based in Germany, Evonik Industries AG, introduced a new product known as cQrex KC in June 2023. cQrex KC is a next-gen peptide specifically designed for biopharmaceutical applications and is used in the cell culture process for the production of biological drugs. It provides cell culture process developers with the ability to optimize the supply of cystine and improve the productivity of the cell culture. Additionally, cQrex KC supports the development of vaccines, viral vectors and cell therapies.
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Which Primary Segments of the Peptide Therapeutics Market Are Driving Growth and Industry Transformations?
The peptide therapeutics market covered in this report is segmented –
1) By Type: Generic, Branded
2) By Route of Administration: Parenteral, Mucosal, Oral, Transdermal
3) By Application: Cancer, Cardiovascular Diseases, Central Nervous Systems, Metabolic Disorders, Infections, Hematological Disorders, Gastrointestinal Disorders, Dermatology, Respiratory Disorders, Acromegaly, Other Applications
Subsegments:
1) By Generic: Generic Peptide Drugs, Biosimilars
2) By Branded: Innovative Peptide Drugs, Patent-Protected Peptides
Which Regions Are Emerging as Leaders in the Peptide Therapeutics Market?
North America was the largest region in the peptide therapeutics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peptide therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Peptide Therapeutics Market Defined Across Different Regions?
Peptide therapeutics refer to a therapeutic approach that uses peptides as medications. Peptides are a distinct family of pharmacological substances that are molecularly situated in between proteins and tiny molecules. Peptides that are found in nature serve a variety of purposes, including those of hormones, growth factors, neurotransmitters, ion channel ligands, and anti-infectives. Consequently, using peptides as treatments offers a way to target a variety of cells and control their response.
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