Lysine Market Analysis of Size, Share, and Growth, Business Insights, Value Chain, and Sales Channels in 2030
Market Size – USD 6.96 Billion in 2021, Market Growth – at a CAGR of 6.5%, Market Trends – Increasing application of lysine in cattle breeding activities
VANCOUVER, BRITISH COLUMBIA, CANADA, April 10, 2023 /EINPresswire.com/ -- Global Lysine Market Forecast to 2030
According to the most recent analysis by Emergen Research, the worldwide lysine market size reached USD 6.96 billion in 2021 and is anticipated to grow at a revenue CAGR of 6.5% during the projected period. A significant element driving the market revenue growth is the rising emphasis on sustainability and the demand for full nutritional goods made from non-meat items. Using a nation's economy wisely depends on sustainability, which is a concept that extends beyond ingredients to include the entire supply chain. For instance, choosing products made from plants is an effective approach to reduce and manage carbon pollution emissions. By utilising technologies and expanding the supply chain in many economies, market enterprises are also making a big contribution to promoting sustainability.
Increasing consumer consciousness regarding their health especially in reducing fat is a major factor driving revenue growth of the market. In addition, lysine is useful in reducing anxiety. Researchers have also found the applications of lysine may significantly aid in treating people with schizophrenia, which is a mental disorder that disrupts an individual’s perception of the outside world, often resulting in an inability to understand reality. Healthcare professionals also advise medications that incorporate lysine due to the significant benefits of increased calcium absorption and aids in improving the efficiency of kidney function. Moreover, lysine can promote wound healing by aiding in the creation of collagen, which is a protein that is essential and plays a critical role in the texture of skin, cartilage, bones, and others.
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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.
The leading market contenders listed in the report are:
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
Research Report on the Lysine Market Addresses the Following Key Questions:
Who are the dominant players of the Lysine market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Lysine market?
What are the key growth drivers and restraining factors of the Lysine market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Lysine market and its key segments?
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 Landscape section of the Lysine report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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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.
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Lysine market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Points of the Geographical Analysis:
Data and information related to the consumption rate in each region
Estimated increase in the consumption rate
Proposed growth of the market share of each region
Geographical contribution to market revenue
Expected growth rate of the regional markets
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