Global Lysine Market

Comments · 130 Views

MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 96071 95908/ 20 6630 3320

Global Lysine Market was worth US$ 7.32 Bn in 2020 and total revenue is expected to grow at a rate of 7.5 % CAGR from 2021 to 2027, reaching almost US$ 13.05 Bn in 2027.

Global Lysine Market Overview:

Humans and animals do not generate lysine hydrochloride, which is an important amino acid. It is commonly employed in the body's protein production. Lean beef, cheese, turkey, chicken, pig, soy, fish, shrimp, shellfish, nuts, seeds, eggs, beans, lentils, and legumes are some of the foods that contain it. The amino acid lysine hydrochloride is necessary for the body's collagen formation and calcium absorption. The daily recommended lysine consumption is 30 milligrams per kilogram of body weight, or 13.6 milligrams per pound. Calcium absorption in the intestine and renal retention are both aided by lysine. Lysine hydrochloride is manufactured on a large scale by microbial fermentation of sugar. Global Lysine Market To know about the Research Methodology :- Request Free Sample Report 2020 is considered as a base year to forecast the market from 2021 to 2027. 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years trends are considered while forecasting the market through 2027. 2020 is a year of exception and analyzed specially with the impact of lockdown by region.

Global Lysine Market Dynamics:

The demand for lysine in the animal feed industry will be driven by a growth in global meat consumption, particularly in emerging countries, as well as a growing population and rising affluence. Animal feed will be necessary to meet these needs in order for animals to grow quickly. This is backed up by lysine, which helps animals grow weight faster while still delivering high-quality meat by absorbing nutrients from limited feed. Bans on bone meal and blood meal in many places, combined with rising feed prices, have aided the global market's expansion. As a result, more lysine is being used as a replacement in animal feed. Furthermore, lysine is a cost-effective and efficient substitute for expensive feeds for both farmers and animals, and it has fewer environmental consequences in terms of nitrogen excretion. Due to rising lysine demand, it is unable to supply enough raw materials for production to keep up with demand, resulting in a sellers' market. Demand is expected to be affected by a lack of feedstock supply, which will lead to higher prices, and government intervention may be required, reducing market participants' profitability. This circumstance may lead to the evaluation of various amino acids feed options such as tryptophan, methionine, and threonine. To counter such obstacles, manufacturers have been focusing on expanding their RD investments in order to optimize capacity and reduce prices. Moreover, a drop in meat demand owing to outbreaks (avian flu and swine flu) may decrease lysine demand in a sluggish feed market.

Global Lysine Market Segment Analysis:

Global Lysine Market is segmented into Livestock and Application. Based on Livestock, the market is sub-segmented into Swine/hog, Poultry and Others. The swine/hog segment accounted for around 57.9% of total volume. With a CAGR of 6.5 % over the forecast period, the market is expected to be the fastest expanding livestock segment for lysine. The segment is expected to grow due to rising demand for pork meat, particularly in China. Poultry overtook beef as the second-largest livestock segment. Lysine is often utilised in chicken diets to boost flock performance and provide a well-balanced diet. Lysine supplementation improves meat quality and weight gain in poultry. Increased poultry meat consumption around the world is one of the primary causes driving this segment's rise. Over the forecast period, the sector is expected to develop due to rising demand for processed chicken meat and the need to improve meat quality. Based on Application, the market is sub segmented into Animal Feed, Food Dietary Supplements, Pharmaceuticals and Others. Animal feed was the most popular application for lysine, accounting for 92.5 % volume. With a CAGR of 6.2 % over the forecast period, the segment is also expected to be the fastest expanding application segment. This is due to lysine's low cost and high efficiency as a substitute for more expensive crude proteins like soybean and corn. Over the next few years, food and dietary supplements are likely to gain a significant share of the industry. Growing health awareness, combined with an ageing population, is predicted to boost demand for food and dietary supplements, boosting the lysine industry. Athletes' increasing demand for sports nutrition supplements is projected to continue to be a primary driving force for the application category. Population increase in emerging economies, combined with growing living standards, is expected to boost demand for food and dietary supplements, driving market growth. Global Lysine Market

Global Lysine Market Regional Insights:

China was the world's greatest lysine user, accounting for 31.0 % of global consumption. China was followed by Europe and North America in terms of consumption. Over the forecast period, China is expected to be one of the fastest expanding markets, with a CAGR of 7.0 %. The demand for lysine in Latin America is expected to rise as meat consumption rises in Brazil and Mexico. Brazil is Latin America's largest feed producer and the world's third largest. Currently, the country produces over 70 million tons of feed, largely for poultry and cattle. However, current feed production standstill may limit product demand in the short future, but long-term growth is expected due to increased chicken and beef exports. Global Lysine MarketObjective of the report is to present a comprehensive analysis of the Global Lysine market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global market dynamics, structure by analyzing the market segments and project the Global Lysine market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Lysine market make the report investor’s guide

Global Lysine Market Scope: Inquire before buying

Global Lysine Market

Global Lysine Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Lysine Market key player

• Archer Daniel Midland (ADM) • Evonik Industries • Shandong Shaouguang Juneng Golden Corn Co. • Cheiljedang • Changchun Dacheng • Eppen • Meihua Group • Chenfu Group • Easthope • COFCO Biochemical • Shandong Shaouguang Juneng Golden Corn Co • Global Bio-Chem Tech • Cheil Jedang Corp. • Sunrise Nutrachem Group • KYOWA HAKKO BIO CO., LTD. • Juneng Golden Corn Co., Ltd. • Penta Manufacturing Company • BANGYE Inc. • Bajaj Healthcare Ltd. Frequently Asked Questions: 1) What was the market size of Global Lysine Market markets in 2020? Ans - Global Lysine Market was worth US$ 7.32 Bn in 2020. 2) What is the market segment of Global Lysine Market markets? Ans -The market segments are based on Livestock and Application. 3) What is forecast period consider for Global Lysine Market? Ans -The forecast period for Global Lysine Market is 2021 to 2027. 4) Which are the worldwide major key players covered for Global Lysine Market report? Ans - Archer Daniel Midland (ADM), Evonik Industries, Shandong Shaouguang Juneng GoldenCorn Co., Evonik, Cheiljedang, Changchun Dacheng, Eppen, Meihua Group, Chenfu Group, Easthope, COFCO Biochemical, Shandong Shaouguang Juneng Golden Corn Co, Global Bio-Chem Tech, Cheil Jedang Corp., Sunrise Nutrachem Group. 5) Which region is dominated in Global Lysine Market? Ans -In 2020, North America region dominated the Global Lysine Market.