Lysine Market to reach US$ 12.5 Bn by 2030 growing at CAGR of 6.7% – according to ChemView Consulting’s Analyst

According to a research survey conducted by ChemView Consulting, in 2022, the Global Lysine Market was worth US$ 7.5 Bn and is expected to grow at a CAGR of 6.7% over the forecast period. The market is expected to hit US$ 12.5 Bn by 2030 end.

Lysine is an amino acid that both humans and animals require. Human/animal bodies, on the other hand, are unable to produce lysine naturally, which is projected to boost product demand. It is necessary for monogastric organisms to grow and develop properly.

Feed premixing is critical for optimizing feed additives and feed characteristics. Feed Premix also helps animals by improving their immunological and reproductive systems and enhancing their metabolism. A “premix” is a compound that contains vitamins, trace minerals, antibiotics, feed supplements, and diluents.

Lysine Market 2017-2030: Report Key Highlights:

  • Detailed information on factors that will assist Global Lysine growth during the next eight years
  • Assessment of the historical and current Global Lysine Market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
  • The growth of the market across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa
  • Segment-wise, country-wise, and region-wise market analysis
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies

For More Details Visit Our Report Page:

Key Takeaways

By Livestock: In 2021, the swine/hog category accounted for approximately 59.0% of the total volume. Furthermore, the market is predicted to be the fastest-growing livestock segment for lysine throughout the projection period, with a CAGR of 6.5%. Growing demand for pork meat, particularly in China, is likely to drive category expansion.

By Application: Animal feed became lysine’s most important use sector, accounting for 90.0% of total volume in 2021. Animal feed has emerged as the most important use area for lysine. Over the projected period, the category is also predicted to be the fastest-growing application segment. It is due to the cheap cost and efficient replacement of lysine for more expensive crude proteins such as soybean and maize.

By Region: Asia is the most important consumer and producer market for pork, accounting for roughly half of global output. Due to the high consumption of pork meat, the Global region is the largest market for lysine products.

The Asia Pacific is the world’s largest producer and exporter of pork. Pork meat has been consumed in the area since ancient times and is the most popular meat due to its high-fat content and flavor. China is the most important market for pork producers, followed by Vietnam, Thailand, South Korea, Japan, and the Philippines.

Competition Summary

Companies in the field service a wide range of end-use sectors, including animal feed, food and dairy, and medicines. Few of these businesses have a tightly knit supply chain that allows them to access a larger client base. They ensure an established network of suppliers and distributors with a good reputation and high regional presence to cater to the niche markets.

Key companies covered in the market study are Cargill, Incorporated, Dow, BASF SE, Chr. Hansen Holding A/S, DSM, DuPont, Evonik Industries AG, Novus International, Alltech, Associated British Foods plc, Charoen Pokphand Foods PCL, Nutreco, ForFarmers, De Heus Animal Nutrition, Land O’Lakes, Kent Nutrition Group, J. D. Heiskell & CO and Perdue Farms

Segments Covered in Report

By Application:

  • Animal Feed
  • Food & Dietary Supplements
  • Pharmaceuticals

By Livestock:

  • Swine/hog
  • Poultry
  • Others (aquaculture, cattle)

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

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