Lysine Market Overview:
With an emphasis on worldwide market trends and analysis, the "Lysine Market" is a comprehensive examination of the Lysine Market. This study seeks to provide an overview of the Lysine Market industry as well as detailed market segmentation by segment and geography. The Lysine Market is expected to expand rapidly over the forecast period. Important market positioning data for the top Lysine Market firms is included in the study, along with important market trends and business prospects.
Lysine Market was worth US$ 8.44 Bn in 2022 and total revenue is expected to grow at a rate of 7.5 % CAGR from 2023 to 2029, reaching almost US$ 14.01 Bn in 2029.
Lysine Market Scope:
The Global Lysine Market research report encompasses crucial statistics and analytical insights to facilitate a comprehensive understanding of market size, market share, growth, trends, demand, top players, industry profiles, opportunities, value cycle, end-users, types, and applications. The research also highlights potential opportunities in micro markets for stakeholders to invest in, along with a detailed analysis of the competitive landscape and product offerings of significant competitors.
The qualitative and quantitative data presented in the Lysine Market study enables decision-makers to discern the market segments and regions expected to exhibit higher growth rates, identify factors influencing the market, and identify key areas of opportunity. The report also encompasses the competitive landscape of key players in the industry, along with emerging trends in the Lysine Market .
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Segmentation:
The market is divided into three subsectors based on livestock: Swine/hog, Poultry, and Others. About 57.9% of the entire volume was accounted for by the swine/hog category. The market is anticipated to grow at the quickest rate among the livestock segments for lysine, with a CAGR of 6.5% over the projected period. Because of the increasing demand for pork meat, especially in China, the market is predicted to expand. The second-largest livestock category now includes more poultry than beef. In order to improve flock performance and offer a well-balanced diet, lysine is frequently used in chicken diets. Supplementing with lysine helps birds grow weight and produce better-quality meat. One of the main factors fueling the growth of this market is the increased consumption of chicken meat worldwide.
The market is further divided based on Application into Animal Feed, Food & Dietary Supplements, Pharmaceuticals, and Others. Lysine was most frequently used in animal feed, which accounted for 92.5% of its volume. The segment is also anticipated to experience the fastest rate of application segment growth, with a CAGR of 6.2% during the projection period. This is because lysine is a highly effective and affordable replacement for more expensive crude proteins like soybean and maize. Food and dietary supplements are projected to increase their market share significantly over the coming years. Growing health consciousness and an ageing population are expected to increase demand for food and nutritional supplements, which will benefit the lysine business.
1 Global Lysine Market, by Livestock (2022-2029)
• Swine/hog
• Poultry
• Others
2 Global Lysine Market, by Application (2022-2029)
• Animal Feed
• Food & Dietary Supplements
• Pharmaceuticals
• Others
3 Global Lysine Market, by Grade (2022-2029)
• Food Grade
• Feeed Grade
• Pharma Grade
4 Global Lysine Market, by Type (2022-2029)
• Lysine Hydrochloride
• Lysine Monohydrate
5 Global Lysine Market, by Form (2022-2029)
• Powder
• Liquid
• Granules
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Key Players:
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.
19. Bajaj Healthcare Ltd.
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Regional Analysis:
The Lysine Market comprises Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America as its key regions. The Lysine Market Research analyzes the market's primary geographies, as well as its segments and sub-segments. The market report includes information on the geographic landscape of each region and provides insights into the total market revenue. Additionally, the report features an in-depth analysis of the business chain structure, opportunities, and company profiles to provide a comprehensive understanding of the Lysine Market .
Key Questions answered in the Lysine Market Report are:
- What is Lysine Market ?
- What is the forecast period of the Lysine Market ?
- What is the competitive scenario of the Lysine Market ?
- Which region held the largest market share in the Lysine Market ?
- What are the opportunities for the Lysine Market ?
- What are the restraining factors in the Lysine Market ?
- Who are the key players of the Lysine Market ?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Lysine MarketÂ
- Landscape- Leading key players and other prominent key players.
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