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Lysine Market Industry Size, Share and Stakeholder Analysis Forecast 2018-2025
Posted: Jan 05, 2019
Global lysine market size is probable at over X million tons and will grow to X million tons. Overall revenue is anticipated to grow to USD XXX billion over the forecast period. Lysine is a form of amino acid which is important for animals and humans and helps in growth of monogastric organism. But, human/animal bodies can’t produce lysine naturally hence the increased demand for product. Lysine is a part of metabolic process and is plays an important role in animal nutrition. Lysine is industrial produced by microbial fermentation process.
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Growth in lysine market share is due to increased meat consumption across all developed and developing countries. Lysine is used as a protein synthesizer in animal feed and has man use in overall demand. It is used for cattle breeding to increase the content of protein in beef, chicken and egg. It is a cost-effective and efficient substitute for farmers and animals from costly feeds and causes no harmful environmental effects due to nitrous excretion. Also, Lysine is used as an herbal supplement that is driving the market in past years. Owing to the hectic lifestyle and growing consumer knowledge, trend of protein supplements are gaining popularity among people. The supplements are proven to improve the muscle growth, healing of injuries and helps in calcium absorption. Consumption of lysine for improving body enzymes would grow in the recent years.
- The key players in lysine market size are Ajinomoto Ltd., Global Bio-Chem Tech, Cheil Jedang Corp., COFCO Biochemical (Anhui) Co. Ltd., and Archer Daniel Midland (ADM) and many others. Companies, with an aim to diversify the usage portfolio are working towards research and development to identify more applications for lysine.
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Lysine is also used for producing lysine monohydrochloride and is projected to provide better growth opportunities in future. It is used as a food ingredient in fictional snack products to reduce the content of acrylamide.
Strict government regulations and safety norms related to lysine compound is going to be a huge challenge for the global lysine market growth. The U.S food and drug administration have declared lysine as generally recognized as safe (GRAS). Furthermore, there are no regulatory standards for the usage of lysine as an herbal supplement or for medicinal uses. However, the growing demand has caused a shortage in the raw material leading to it becoming a sellers’ market. Availability of raw materials like methionine and threonine, possessing similar characteristics might hinder the overall market performance.
Lysine market size is segmented on the basis of Application, Livestock, and region. With respect to application it is segmented as Animal Feed, Food and Dietary Supplement, Pharmaceuticals. On the basis of livestock it is segmented as Swine/hog, Poultry and others like aquaculture and cattle. Based on region it is segmented as North America, Europe, China, Rest of Asia Pacific, Latin America and Middle East and Africa. China, contributed the most to lysine market share, with swine as the major user of the product. China is followed by Europe and North America.
Segmentation
The various segments of global lysine market size are,
By Application
- Animal Feed
- Food & Dietary Supplements
- Pharmaceuticals
By Livestock
- Swine/hog
- Poultry
- Others
By Region
- North America
- Europe
- China
- Rest of Asia Pacific
- Latin America
- Middle East & Africa
What to expect from the upcoming report on ‘global lysine market size’:
- Future prospects and current trends of the global lysine market size by the end of forecast period
- Information regarding technological progressions as well as innovations across the world
- Supportive initiatives by government likely to influence the market dynamics.
- In-depth analysis of different market segmentations including regional segmentations, applications and types.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
Who should buy this report?
Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers, researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
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