Market Research Report
Global Lysine Market Size study, by Application (Animal Feed, Food & Dietary Supplements, Pharmaceuticals) by Livestock (Swine, Poultry, Others), and Regional Forecasts 2021-2027
|Global Lysine Market Size study, by Application (Animal Feed, Food & Dietary Supplements, Pharmaceuticals) by Livestock (Swine, Poultry, Others), and Regional Forecasts 2021-2027|
Published: September 2, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
Global Lysine Market is valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy CAGR of XX% over the forecast period 2021-2027. Lysine is an essential amino acid which a human body cannot produce and needs to be introduced in the system externally. Lysine can cure cold sores, reduce anxiety, improve calcium absorption, and accelerate muscle growth.
High demand from animal feed segment is one of the leading drivers of the Lysine market. Lysine is an economic and efficient alternative to other costly animal feed, and swine and cattle react positively to lysine diets. Lysine is used globally by livestock raisers to amplify yield of milk, eggs, and meat. Swine segment dominates the lysine demand with 48.2% share. This is due to increasing demand for pork and good effects of lysine on pigs.
Food and dietary supplements will also drive the market further in the forecast period. With better health awareness and increasing disposable income, lysine demand is rapidly rising. Athletes are a major consumer of lysine as studies have shown that proper lysine levels prevents the body from going into catabolic state after workout. It instead induces an anabolic state where tissue growth and recovery happen.
However, the fluctuating supply of feedstock often leads to low supply and hiked prices of Lysine in animal feed sector , which impedes the growth of market over the forecast period of 2021-2027. Also, with population expansion, the demand for meat consumption will rise which will likely increase the Lysine market growth in the forecast period.
Regional analysis, of regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World, demonstrates that the Asia Pacific region is the most significant across the world in terms of market share owing to the increasing demand of pork, chicken and beef in China, Japan and RoAPAC. At the same time, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as rising health awareness and increased meat demand due to population boom would create lucrative growth prospects for the Lysine Market across Asia-Pacific region.
Major market player included in this report are:
Global Bio-Chem Tech
Cheil Jedang Corp.
Archer Daniel Midland (ADM)
Ningxia Eppen Biotech
Avantor Performance Materials LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Food & dietary supplements
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Lysine Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
List of figures