The oral proteins and peptides global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Oral Proteins And Peptides Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The oral proteins and peptides market size has grown exponentially in recent years. It will grow from $1.04 billion in 2023 to $1.27 billion in 2024 at a compound annual growth rate (CAGR) of 22.1%. The growth in the historic period can be attributed to the rising prevalence of chronic diseases, increasing investments in biotechnology for the development of oral protein-based treatments, growing consumer preference for non-invasive treatments, increasing biopharmaceutical industry, and rising focus on personalized medicine.
The oral proteins and peptides market size is expected to see exponential growth in the next few years. It will grow to $2.86 billion in 2028 at a compound annual growth rate (CAGR) of 22.4%. The growth in the forecast period can be attributed to increasing focus on patient-centric drugs, increasing prevalence of the geriatric population, rising healthcare expenditure, growing need for diagnostics in cancer, and rising preference for oral drugs. Major trends in the forecast period include development of novel oral peptides with enhanced stability and efficacy, integration of artificial intelligence in drug discovery processes for oral formulations, advanced medical treatments, advancements in drug delivery technologies, and innovative oral insulin formulations.
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Scope Of Oral Proteins And Peptides Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Oral Proteins And Peptides Market Overview
Market Drivers –
The growing biopharmaceutical industry is expected to propel the growth of the oral proteins and peptides market going forward. The biopharmaceutical industry is a sector within the broader pharmaceutical industry that focuses on developing, producing, and commercializing drugs derived from biological sources. The growth of the biopharmaceutical industry is due to advancements in biotechnology, growing demand for personalized medicine, increasing prevalence of chronic diseases, and rising investment in research and development. Oral proteins and peptides in biopharmaceuticals offer potential for non-invasive delivery of therapeutics, enhancing patient compliance and reducing the need for injections. They can target specific diseases with improved stability and absorption in the digestive system. For instance, in June 2023, according to the European Federation of Pharmaceutical Industries and Associations (EFPIA), a Belgium-based European trade association representing the pharmaceutical industry, the total bio-pharmaceutical production in Europe accounted for $384,200 million (€340,000 million) in 2022, an increase of approximately 4.95% from $366,267 million (€323,950 million) in 2021. Therefore, the growing biopharmaceutical industry is driving the growth of the oral proteins and peptides market.
Market Trends –
Major companies operating in the oral proteins and peptides market are focusing on developing innovative products, such as Oral Semaglutide, to enhance patient adherence and comfort. Oral semaglutide is a groundbreaking medication that significantly advances oral proteins and peptides. Semaglutide is a glucagon-like peptide-1 (GLP-1) receptor agonist, traditionally administered via injection to treat type 2 diabetes and, more recently, obesity. For instance, in January 2022, Novo Nordisk India, an India-based healthcare company, launched the world’s first oral semaglutide, marking a revolutionary advance in diabetes treatment. Semaglutide is a GLP-1 receptor analogue (GLP-1 RA) previously available only in injectable form, now offers a more convenient oral option for managing type 2 diabetes. This breakthrough not only transforms diabetes care but also sets the stage for future innovations in oral insulin formulations, potentially leading to more effective and patient-friendly treatment options.
The oral proteins and peptides market covered in this report is segmented –
1) By Drug Type: Linaclotide, Calcitonin, Insulin, Plecanatide, Octreotide
2) By Biological Target: Guanylate Cyclase-C (GC-C), Insulin Receptor, Oxalate, Other Biological Targets
3) By Mechanism Of Action: Receptor Stimulation, Substrate Degradation, Other Mechanisms Of Action
4) By Application: Gastrointestinal Disorders, Bone Disease, Neurological Disorders, Diabetes, Metabolic Disorders, Hormonal Disorder, Cancer
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Regional Insights –
North America was the largest region in the oral proteins and peptides market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the oral proteins and peptides market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the oral proteins and peptides market are Pfizer Inc., Johnson & Johnson Services Inc., Roche Holding AG, Merck & Co. Inc., AbbVie Inc., Sanofi S.A., AstraZeneca PLC, Novartis AG, GlaxoSmithKline PLC, Eli Lilly and Company, Amgen Inc., Novo Nordisk A/S, Ipsen S.A., Biocon Limited, Xeris Pharmaceuticals Inc., Adocia S.A., Zealand Pharma A/S, Diabetology Ltd., Oramed Pharmaceuticals Inc., Palatin Technologies Inc., Entera Bio Ltd.
Table of Contents
1. Executive Summary
2. Oral Proteins And Peptides Market Report Structure
3. Oral Proteins And Peptides Market Trends And Strategies
4. Oral Proteins And Peptides Market – Macro Economic Scenario
5. Global Oral Proteins And Peptides Market Size and Growth
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32. Global Oral Proteins And Peptides Market Competitive Benchmarking
33. Global Oral Proteins And Peptides Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Oral Proteins And Peptides Market
35. Oral Proteins And Peptides Market Future Outlook and Potential Analysis
36. Appendix
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