Press release
Lysine Market Projected to Reach US$ 14.01 Billion by 2029, Driven by Rising Demand in Animal Feed and Growing Focus on Meat Production
๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ญ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญThe global lysine market has witnessed substantial growth in recent years and is projected to continue its upward trajectory, driven by increasing demand in various sectors such as animal feed, food & dietary supplements, and pharmaceuticals. As of 2022, the market size was valued at US$ 8.44 billion, with expectations to achieve a compound annual growth rate (CAGR) of 7.5% from 2023 to 2029, reaching approximately US$ 14.01 billion by the end of the forecast period.
๐๐ฒ๐ฌ๐ข๐ง๐: ๐๐ฌ๐ฌ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ฆ๐ข๐ง๐จ ๐๐๐ข๐ ๐ฐ๐ข๐ญ๐ก ๐๐ข๐ฏ๐๐ซ๐ฌ๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ
Lysine, an essential amino acid crucial for protein synthesis in humans and animals, is not naturally produced by the body. It plays a vital role in collagen formation, calcium absorption, and overall growth. Foods rich in lysine include lean meats, poultry, fish, soy, and various nuts and seeds. The amino acid is also synthesized industrially through microbial fermentation of sugars, making it a critical component in several industries.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐๐ฎ๐ฅ ๐๐ซ๐๐ฉ๐ก๐ฌ: https://www.maximizemarketresearch.com/request-sample/27242/
๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
The demand for lysine is primarily bolstered by its extensive use in animal feed, particularly in the swine/hog and poultry sectors. The increasing global meat consumption, driven by rising affluence and population growth, fuels the need for efficient feed additives like lysine. Moreover, bans on traditional protein sources in animal feed and fluctuating feed prices have further augmented lysine's adoption as a cost-effective alternative.
๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
Geographically, China stands as the largest consumer of lysine, comprising 31.0% of global consumption, followed by Europe and North America. China's rapid industrialization in livestock farming and increasing meat consumption propel its dominance in the market. Latin America, particularly Brazil and Mexico, is poised to witness significant growth owing to expanding poultry and cattle industries.
๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
Looking ahead, the global lysine market is expected to thrive, driven by continued advancements in animal nutrition, increasing health consciousness among consumers, and the expansion of pharmaceutical applications. However, challenges such as supply chain disruptions and regulatory interventions could impact market dynamics.
๐๐๐๐ฎ๐ซ๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ข๐๐ก ๐๐ข๐ฌ๐ฎ๐๐ฅ ๐๐๐ญ๐: https://www.maximizemarketresearch.com/request-sample/27242/
๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โฆ ๐๐ฒ ๐๐ข๐ฏ๐๐ฌ๐ญ๐จ๐๐ค
Swine/hog
Poultry
Others
The market is divided into three segments based on livestock: swine/hog, poultry, and others. Of the entire volume, the swine/hog component constituted around 57.9%. The market is anticipated to grow at the quickest rate across livestock segments for lysine, with a compound annual growth rate (CAGR) of 6.5% throughout the projected period. Due to the growing demand for pork meat, especially in China, the segment is anticipated to expand. As the second-largest animal segment, poultry surpassed beef. In order to improve flock performance and offer a well-balanced diet, lysine is frequently added to chicken diets. In poultry, lysine supplementation enhances meat quality and weight gain. One of the main factors propelling the growth of this market is the rising global consumption of chicken meat. During the anticipated time frame.
โฆ ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Animal Feed
Food & Dietary Supplements
Pharmaceuticals
Others
The market is divided into four sub segments based on application: pharmaceuticals, food and dietary supplements, animal feed, and others. With 92.5% of the volume used, animal feed was the most common use for lysine. The segment is predicted to grow at the quickest rate among all application segments, with a compound annual growth rate of 6.2% over the forecast period. This is because lysine is an extremely effective and inexpensive replacement for more costly crude proteins like soybean and corn. Food and nutritional supplements are probably going to take a big chunk out of the market during the next few years. The demand for food and dietary supplements is expected to increase due to an aging population and rising health consciousness, which will benefit the lysine business.
โฆ ๐๐ฒ ๐๐ซ๐๐๐
Food Grade
Feed Grade
Pharma Grade
โฆ ๐๐ฒ ๐๐ฒ๐ฉ๐
Lysine Hydrochloride
Lysine Monohydrate
โฆ ๐๐ฒ ๐ ๐จ๐ซ๐ฆ
Powder
Liquid
Granules
๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The global lysine market boasts a competitive landscape with key players are focused on expanding their production capacities and investing in research and development to maintain market competitiveness and meet growing demand.
1. Archer Daniel Midland (ADM)
2. Evonik Industries
3. Shandong Shaouguang Juneng Golden Corn Co.
4. Cheiljedang
5. Changchun Dacheng
6. Eppen
7. Meihua Group
8. Chenfu Group
9. Easthope
10. COFCO Biochemical
11. Shandong Shaouguang Juneng Golden Corn Co
12. Global Bio-Chem Tech
13. Cheil Jedang Corp.
14. Sunrise Nutrachem Group
15. KYOWA HAKKO BIO CO., LTD.
16. Juneng Golden Corn Co., Ltd.
17. Penta Manufacturing Company
18. BANGYE Inc.
In conclusion, the lysine market presents lucrative opportunities for stakeholders, offering potential growth avenues across various regions and applications. As the market evolves, strategic investments in technology and sustainability will be crucial for maintaining competitive edge and meeting evolving consumer demands.
๐๐ง๐ฏ๐๐ข๐ฅ ๐๐๐ฒ ๐๐๐ญ๐ ๐๐จ๐ข๐ง๐ญ๐ฌ ๐ฐ๐ข๐ญ๐ก ๐๐ฎ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/market-report/global-lysine-market/27242/
๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:
โข ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง: A comprehensive introduction to the Lysine Market.
โข ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฃ๐๐๐ญ๐ข๐ฏ๐๐ฌ: The goals and limitations of the Lysine Market report.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: A thorough examination of the Lysine Market landscape.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ฅ๐ฎ๐๐ญ๐ข๐จ๐ง: A current analysis of the Lysine Market's scale.
โข ๐๐ฒ๐ฉ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง: Categorization of the Lysine Market by types.
โข ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: An exploration of the competitive dynamics within the market.
โข ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐๐ซ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: Data on the demographics and behaviours of customers.
โข ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Analysis of the market across different regions.
โข ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐๐จ๐จ๐ฅ๐ฌ: Tools and criteria for informed market decision-making.
โข ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ง๐ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ: Factors driving growth and presenting challenges.
โข ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ: Latest trends affecting the Lysine Market.
โข ๐๐๐ง๐๐จ๐ซ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: A summary of major vendors in the Lysine Market.
โข ๐๐๐ง๐๐จ๐ซ ๐๐ฑ๐๐ฆ๐ข๐ง๐๐ญ๐ข๐จ๐ง: In-depth analysis of key vendors.
๐๐๐ฒ ๐๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐๐๐ซ๐๐ฌ๐ฌ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โข What are the elements of Lysine Derivatives?
โข What is the current growth rate of the Lysine Market?
โข Who are the major players in the Lysine Market?
โข What factors are driving growth in the Lysine Market?
โข Which company holds the largest market share in the Lysine Market?
โข How is demand evolving in the Lysine Market?
โข What are the notable trends in the Lysine Market?
โข What strategies are competitors employing in the Lysine Market?
โข What are the growth opportunities in emerging regions for the Lysine Market?
โข Which segment is expected to grow the fastest, and why?
๐๐ฒ๐ฌ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
โข Historical Market Size and Competitive Landscape (2019-2022): Review of market size and competitive dynamics over the past few years.
โข Historical Pricing and Price Trends by Region (2019-2023): Analysis of past pricing trends across different regions.
โข Market Size, Share, and Forecast by Segment (2023-2030): Predictions of market size, share, and segmentation for the coming years.
โข Market Dynamics: Insights into growth drivers, restraints, opportunities, and key trends by region.
โข Market Segmentation: Detailed breakdown by product, end-user, distribution channel, and region.
โข Competitive Landscape: In-depth profiles of key regional players with strategic insights.
โข Competitive Landscape - Market Leaders, Market Followers, Regional Players: Summary of market leaders, followers, and regional players.
โข Competitive Benchmarking of Key Players by Region: Comparative evaluation of major players across different regions.
โข PESTLE Analysis: Examination of political, economic, social, technological, legal, and environmental factors impacting the market.
โข PORTER's Five Forces Analysis: Analysis of competitive forces shaping the market.
โข Value Chain and Supply Chain Analysis: Comprehensive examination of the market's value and supply chains.
โข Legal Aspects of Business by Region: Analysis of legal factors affecting business operations in different regions.
โข Lucrative Business Opportunities with SWOT Analysis: Identification of profitable business opportunities using SWOT analysis.
โข Recommendations: Strategic advice based on market analysis.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ฏ๐๐ง๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
1. Methanol Market: https://www.prnewswire.com/news-releases/methanol-market-to-hit-usd-58-13-billion-at-a-growth-rate-of-5-53-percent--says-maximize-market-research-302193287.html
2. Collimator Market: https://www.prnewswire.com/news-releases/collimator-market-to-reach-usd-415-67-mn-at-a-cagr-of-10-55-percent-by-2030--says-maximize-market-research-302193344.html
3. Road Marking Machine Market https://www.maximizemarketresearch.com/market-report/global-road-marking-machine-market/108186/
4. Industrial Ovens and Furnaces Market https://www.maximizemarketresearch.com/market-report/global-industrial-ovens-and-furnaces-market/87349/
5. Pigging Valves Market https://www.maximizemarketresearch.com/market-report/global-pigging-valves-market/147732/
6. Display Driver IC Market https://www.maximizemarketresearch.com/market-report/global-display-driver-ic-market/35954/
7. Superluminescent Diodes Market https://www.maximizemarketresearch.com/market-report/global-superluminescent-diodes-market/85767/
8. DC-DC Converter Market https://www.maximizemarketresearch.com/market-report/global-dc-dc-converter-market/33100/
9. Automotive Aluminum Extrusion Market https://www.maximizemarketresearch.com/market-report/global-automotive-aluminum-extrusion-market/74708/
10. Low Alcohol Beverage Market https://www.maximizemarketresearch.com/market-report/low-alcohol-beverage-market/112935/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
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