Segments - Liquid Phase Peptide Synthesis (LPPS) Market by Product Type (Equipment & Services Reagents), by Application (Therapeutic Peptide Synthesis, Diagnostic Peptide Synthesis, Research and Development), by End-use Industry (Biopharmaceutical Industry, Research Laboratories, Contract Research Organizations (CROs), and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2024 – 2032
The global liquid phase peptide synthesis market size was USD 212.9 Million in 2023 and is likely to reach USD 413.2 Million by 2032, expanding at a CAGR of 7.8% during 2024–2032. The market growth is attributed to the increasing demand for peptide-based drugs to treat a variety of diseases creates an intense need for efficient and scalable peptide synthesis methods.
Liquid Phase Peptide Synthesis (LPPS) is a technique used to create peptides, which are chains of amino acids that play crucial roles in biological processes. Solid Phase Peptide Synthesis (SPPS), the most common method, though LPPS carries out the entire synthesis process in a liquid solution. Solution phase peptide synthesis, also known as liquid phase peptide synthesis, or LPPS, produces high-quality peptides and is cost-effective for shorter sequences of 20 amino acids or less.
The research report finds that the COVID-19 Pandemic had a significant impact on the liquid phase peptide synthesis market. The rapid spread of COVID-19 spurred a global effort to develop vaccines and treatments. Peptides emerged as promising candidates due to their potential advantages like specificity and fewer side effects compared to traditional drugs.
This surge in research and development activities for COVID-19 therapeutics significantly increased the demand for LPPS, particularly for synthesizing short peptides suitable for vaccine development and drug discovery efforts.
Research & development (R&D) plays a significant role in determining the growth and future advancements of a country or region. R&D activities are an approach to scientific innovation that ultimately makes a meaningful difference in the lives of people. A majority of the key players in the market invest some part of their total sales in R&D activities aiming to discover and innovate new product portfolios. R&D investments, in terms of new products & services, improved processes, and new ways to interact with customers resulting in high profits and low costs. R&D plays an enormous role from drug discovery to final approval and marketing, where regulatory bodies act as checkpoints. R&D has a major impact on the overall market.
Demand for peptide-based therapeutics is increasing due to a variety of factors, including the rising prevalence of chronic diseases such as cancer, diabetes, and obesity. There is an increasing need for new, more effective treatments for these diseases. Advances in peptide synthesis technology. Increased government and industry funding for peptide therapeutics research.
LPPS is finding new applications outside of therapeutics, such as the development of peptide-based biomaterials and research tools, which is expanding the market. LPPS provides greater flexibility for synthesizing customized peptides for personalized medicine approaches.
The cost of LPPS equipment, particularly automated synthesizers, can be a major barrier to entry, especially for smaller research labs or startups. The elaborate purification procedures in LPPS result in higher labor and solvent usage, which raises overall production costs. Scaling up these processes exacerbates the costs. Furthermore, LPPS has potential for specific applications, but its scalability constraints require cautious consideration for large-scale peptide production. This reduces the potential user base and impedes overall market growth.
Continuous advancements in SPPS technology are leading to increased automation, improved resins and reagents, and focus on continuous flow synthesis. The development of novel purification methods such as Soluble Tag Technology and Group-Assisted Purification (GAP) Peptide Synthesis (GAPPS) simplifies isolation and lowers costs, making LPPS more appealing for large-scale production. The integration of automation and robotics into LPPS workflows streamlines the process, increasing efficiency and consistency, particularly for repetitive tasks.
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Liquid Phase Peptide Synthesis Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2023 |
Historic Data |
2017–2022 |
Forecast Period |
2024–2032 |
Segmentation |
Product Type, Application, and End-use Industry |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
Key Players Covered in the Report |
AmbioPharm Inc.; Aragen Life Sciences Ltd.; Bachem; Biotage; Enable Injections; GenScript; Nissan Chemical Corporation; ProteoGenix; Spectrum Chemical; and others. |
Based on Product Type, the global Liquid Phase Peptide Synthesis market is segmented into equipment & services and reagents. In 2023, reagents accounted for the highest proportion of the liquid Phase Peptide Synthesis market. This segment holds the largest market share due to biopharmaceutical companies and research labs need to constantly replenish reagents and consumables used in peptide synthesis, leading to higher overall sales. A wide range of specialized amino acids, catalysts, solvents, and other consumables are required for LPPS, contributing to the segment size.
On the basis of Application, the global liquid phase peptide synthesis market is divided into therapeutic peptide synthesis, diagnostic peptide synthesis, and research and development. The therapeutics segment is widely used in liquid phase peptide therapeutics for a variety of diseases.
The pharmaceutical industry continual efforts to harness peptides for targeted therapies and the development of biologics further bolster this segment’s dominance in the market. According to the study, the percentage of cancer patients in the US who qualify for and benefit from genome-targeted therapy has grown over time, rising from a projected 2.7 in 2006 to 7% in 2020.
Based on End-use Industry, the global Liquid Phase Peptide Synthesis market is bifurcated into Biopharmaceutical Industry, Research Laboratories, Contract Research Organizations (CROs), and Others.
Biopharmaceutical Industry segment is anticipated to holds 44.3%share of the market in the year 2023. This is owing to the extensive use of peptides in drug development and manufacturing. For instance, since 2000, 33 non-insulin peptide medications have received approvals across the globe. Furthermore, these peptide medications are no longer just natural amino acid compositions or hormone mimics.
Additionally, LPSS is useful for the rapid prototyping and development of new peptide drugs. In contrast to SPPS, which is batch-based, LPPS can be adapted to continuous flow processes, making it ideal for large-scale production. This is relevant if a biopharmaceutical company needs to produce large amounts of a specific peptide therapeutic.
In terms of region, the global Liquid Phase Peptide Synthesis market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America dominated the market in 2023, followed by Europe and Asia Pacific.
The North American liquid phase peptide synthesis market is primarily driven by strong research and development activities, as the region observes widespread use of peptides in drug discovery and manufacturing by pharmaceutical and biotechnology companies. By 2032 North America liquid-phase peptide synthesis market is estimated to account for 39% of the revenue share. The research and development expenditure in the US pharmaceutical industry will be around 110 billion by the year 2022.
Key players competing in the global Liquid Phase Peptide Synthesis market are AmbioPharm Inc.; Aragen Life Sciences Ltd.; Bachem; Biotage; Enable Injections; GenScript; Nissan Chemical Corporation; ProteoGenix; Spectrum Chemical; and others.
These companies adopted development strategies including mergers, partnerships, acquisitions, Product Type launches, Production expansion, and collaboration to expand their consumer base across the globe.
The base year considered for the global Liquid Phase Peptide Synthesis market report is 2023. The complete analysis period is 2017 to 2032, wherein, 2017 and 2022 are the historic years, and the forecast is provided from 2024 to 2032.
In addition to market size (in US$ Million), company market share (in % for the base year 2023) is available in the report. Moreover, additional data analysis can be provided on request.
The COVID-19 pandemic had a significant impact on the Liquid Phase Peptide Synthesis market. Global lockdowns and travel restrictions disrupted the supply chain of peptide synthesis. Lockdowns and restrictions on movement caused temporary closures of research laboratories and pharmaceuticals companies. However, The COVID-19 pandemic has prompted key pharmaceutical and biotechnology companies, as well as players in the peptide synthesis market, to invest in therapeutic and peptide-based vaccine research and development.
AmbioPharm Inc.; Aragen Life Sciences Ltd.; Bachem; Biotage; Enable Injections; GenScript; Nissan Chemical Corporation; ProteoGenix; Spectrum Chemical; and others.
Rising R&D Activities is expected to act as macroeconomic factors for the market.
According to this Growth Market Reports report, the Liquid Phase Peptide Synthesis market is likely to register a CAGR of 7.8% during the forecast period 2023-2032, with an anticipated valuation of USD 413.2 Million by the end of 2032.
Growing demand for peptide-based therapeutics and emerging applications & focus on personalized medicine are the factors driving the market.
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
Additional company profiles can be provided on request. For a discussion related to the above findings, click Speak to Analyst