Lysine Market Size Worth USD 12.38 Billion in 2030
The global lysine market size reached USD 6.96 Billion in 2021 and is expected to register a revenue CAGR of 6.5% during the forecast period, according to the latest analysis by Emergen Research. Increasing focus on sustainability and the desire for complete nutritional products from non-meat products are major factors driving market revenue growth. Sustainability plays a key role in utilizing a country’s economy judiciously and encompasses principles that permeate not just ingredients but also the supply chain. For instance, sourcing plant-based products is an efficient way to minimize and control the emission of carbon pollutants. Market companies are also contributing significantly to improving sustainability by leveraging technologies and increasing the supply chain in various economies. In addition, suppliers are incorporating clean-label principles like transparency and traceability into their operations. Consumers are also becoming more conscious of their environmental impact. The burgeoning consumer demand for nature-based health products also plays a key role in driving market revenue growth.
With the reader's comprehension in mind, the team of analysts at Emergen Research painstakingly put up the new study named "Global Lysine Market." A sizable database on industry distribution is also included. The study takes into account both historical and current market conditions in order to forecast the worldwide Lysine Market outlook during the forecast period (2022–2030). Researchers who thoroughly examined the global market were able to identify the factors affecting the industry's overall growth. Strong analytical techniques, such as SWOT analysis and Porter's Five Forces, are used in the research to assess the strengths, weaknesses, opportunities, and threats connected to the growth of different market segments.
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Competitive Terrain:
The global Lysine industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
Global Bio-Chem Technology Group Company Limited, Changmao Biochemical Engineering Company Limited, Fuso Chemical Co., Ltd., Thirumalai Chemicals Ltd., Prinova Group LLC., Wego Chemical Group, Mitsubishi Chemical Corporation, Huntsman International LLC., Ajinomoto Co., Inc., Daesang Corporation, Archer Daniels Midland Company
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Some Key Highlights From the Report
Food and Dietary segment accounted for a significant revenue share in 2021. Increasing consumer awareness of the benefits of organic food and health supplements, as well as the need for dietary nutrients because of changing consumer lifestyles and hectic work schedules, are some of the major factors driving the segment’s revenue growth. Lysine is an essential amino acid that serves as a protein-building block. In addition, lysine is essential for proper growth and is responsible for converting fatty acids into energy and lowering cholesterol.
Swine/Hog segment accounted for a significant revenue share in 2021. The rising demand for pork meat, which is a staple food across the globe, is a major factor driving this segment's revenue growth. In addition, it is high in protein, fats, and other nutrients such as vitamin B, thiamin, and others. Moreover, the expansion of the retail market and the easy availability of products through various sales channels are among the other factors contributing to this segment's revenue growth.
Market in Asia Pacific accounted for the largest revenue share in 2021. Increasing meat consumption in China, India, Japan, and other countries is a major factor driving market revenue growth in this region. In addition, the growing importance of food safety and favorable government regulations implemented in several countries have boosted market revenue growth. Lysine helps the body absorb calcium and is involved in the formation of collagen, which is necessary for the structure of bones and connecting tissues such as skin, tendons, and cartilage.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Lysine market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Lysine market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Lysine market.
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Market Overview:
The report bifurcates the Lysine market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Application Outlook (Revenue, USD Billion; 2019-2030)
Animal Feed
Food and Dietary
Pharmaceuticals
Others
Livestock Outlook (Revenue, USD Billion; 2019-2030)
Swine/Hog
Poultry
Others
Regional Outlook (Revenue, USD Billion; 2019–2030)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
Regional Outlook:
North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key reasons to buy the Global Lysine Market report:
The latest report comprehensively studies the global Lysine market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products & services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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