(MENAFN Editorial) iCrowdNewswire - Nov 20, 2017
The is anticipated to rise at a significant rate in the coming years due to rising applications and scope across the globe. Peptides are short chains of amino acids that are connected with the help of peptide bonds. In other words, they are the building blocks of proteins. Once peptides construct a long chain of amino acids, they turn out to be proteins. One of the vital proteins present in our skin is collagen. Collagen offers thickness and elasticity to our skin. A wide range of benefits is associated with the use of these peptides. The peptides market is currently witnessing a significant trend of the emergence of peptide therapeutics as an enhanced potent drug. The scope of the product is inclined to oncology and hormonal therapy applications.
The factors that are playing a key role in raising the peptides market share may include technological improvements, rise in the prevalence of chronic disorders, augmented demand for effective drugs and technology, rise in the investments by leading players on research and development activities, product introductions, rising prevalence of metabolic disorders, rise in the number of cancer patients, and decrease in the production cost of peptide drugs.
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Global Peptides market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
And Other…
On the other hand, the factors that are acting as major hurdles in the peptides market growth may entail rise in the complexity of peptides in the production process, soaring cost of R & D activities and lack of awareness among the consumers regarding use of peptides. Global Peptides Market is segmented on the basis of type as Tripeptide, Dipeptide, Tetrapeptide, Monopeptide, Hexapeptide, Heptapeptide, Pentatetrapeptide, and others. Peptides Market is segregated by application as Medical, Pharmaceutical, Clinical, and others.
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Peptides for each application, including
Peptides Market is classified by geography as North America, Southeast Asia, China, Europe, Japan, and India. Among all the geographical regions, North America is currently leading the peptides market and it is estimated that the market will witness a robust growth rate in the near future, the reason being existence of a large number of players in the particular region, rise in the awareness level among the consumers regarding the usage of the product and robust developments in the healthcare infrastructure.
On the contrary, Asia Pacific and Europe are also displaying a huge growth in the peptides market as a huge number of market opportunities are emerging in these regions. The prominent players operating in the Peptides Market are recognized as Eli Lilly and Co., Sanofi, Novartis AG, GlaxoSmithKline Plc, F. Hoffmann-La Roche Ltd., Bachem Holding AG, Amgen Inc, Teva Pharmaceutical Industries Ltd., Takeda Pharmaceutical Co. Ltd., and Pfizer Inc.
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