Peptide Synthesis Market worth $1.41 billion in 2029
The global peptide synthesis market is estimated to expand to a value of USD 1.44 billion in 2029 from USD 0.91 billion in 2024, growing at a CAGR of 9.5%. The rise in biopharmaceutical research and the use of synthetic peptides in vaccine development, such as mRNA vaccines, is likely to fuel market growth. The outsourcing trend for peptide synthesis services by pharmaceutical companies to reduce costs and focus on core competencies is further likely to support market expansion. Download PDF Brochure The products segment accounted for the largest share of the offerings segment in the peptide synthesis market in 2023. Based on offerings, the market is segmented into products and services. By-products market is further divided into consumables and instruments. Among these consumables dominated the peptide synthesis market. The consumables segment is further bifurcated into reagents and other consumables. The reagents market is further divided into resins, amino acids, coupling reag...