Lysine Market To See Worldwide Massive Growth, COVID-19 Impact Analysis, Industry Trends, Forecast 2030

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Global Lysine Market was worth US$ 8.44 Bn in 2022.

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 Overview

The report provides a comprehensive overview of the Lysine Industry including its most recent revenue and trends, as well as its definition, overview, and structure. The primary and secondary data has been compiled to ensure that the Lysine market report is authentic and error-free.

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Lysine Market Report Scope and Research Methodology

The report provides an in-depth analysis of the Lysine market, including meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics. A bottom-up approach was used to estimate the Lysine market size. Key players in the Lysine industry were identified through secondary research, and their market revenues were determined through primary and secondary research. Secondary research included a review of annual and financial reports of Lysine leading players, while primary research included interviews with important opinion leaders and industry experts such as skilled front-line personnel, entrepreneurs, and marketing professionals. The Lysine market structure by country, with market share by market leaders, market followers, and local players, makes this report a comprehensive and insightful industry outlook. The report also covers mergers and acquisitions, strategic alliances, joint ventures, and partnerships happening in the Lysine market by region, by investment, and their strategic intent.

Lysine Market Regional Insights

The report is segmented into several key countries, with market size, growth rate, import and export of Lysine market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

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Lysine Market Segmentation

by Livestock

Swine/hog
Poultry
Others

The market is divided into three segments based on livestock: swine/hog, poultry, and others. Of the entire volume, the swine/hog component constituted around 57.9%. The market is anticipated to grow at the quickest rate across livestock segments for lysine, with a compound annual growth rate (CAGR) of 6.5% throughout the projected period. Due to the growing demand for pork meat, especially in China, the segment is anticipated to expand. As the second-largest animal segment, poultry surpassed beef. In order to improve flock performance and offer a well-balanced diet, lysine is frequently added to chicken diets. In poultry, lysine supplementation enhances meat quality and weight gain. One of the main factors propelling the growth of this market is the rising global consumption of chicken meat.

by Application

Animal Feed
Food & Dietary Supplements
Pharmaceuticals
Others

The market is divided into four subsegments based on application: pharmaceuticals, food and dietary supplements, animal feed, and others. With 92.5% of the volume used, animal feed was the most common use for lysine. The segment is predicted to grow at the quickest rate among all application segments, with a compound annual growth rate of 6.2% over the forecast period. This is because lysine is an extremely effective and inexpensive replacement for more costly crude proteins like soybean and corn. Food and nutritional supplements are probably going to take a big chunk out of the market during the next few years. 

by Grade

Food Grade
Feeed Grade
Pharma Grade

by Type

Lysine Hydrochloride
Lysine Monohydrate

by Form

Powder
Liquid
Granules

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Lysine Market 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

Key Questions answered in the Lysine Market Report are:

  • What is Lysine?
  • What is the expected CAGR of the Lysine market during the forecast period?
  • What is the expected Lysine market size by the end of the forecast period?
  • What are Lysine market segments?
  • Which segment of the Lysine market is expected to grow rapidly during the forecast period?
  • Who are the key players in the Lysine market?
  • What key trends are expected to emerge in the Lysine market in the coming years?
  • What are the factors restraining the Lysine market growth?
  • Which regional Lysine market is expected to grow at a high rate during the forecast period?
  • Which region held the largest Lysine market share in 2022?

Related Report Link: 

Global Penetrating Oil Market https://www.maximizemarketresearch.com/market-report/global-penetrating-oil-market/71196/ 
Global Calcium Hexaboride Market https://www.maximizemarketresearch.com/market-report/global-calcium-hexaboride-market/71781/ 

 Key Offerings:

  • A detailed Market Overview
  • Market Share, Size & Forecast by Revenue | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by segments and sub-segments
  • Regional Insights
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors
  • Industry Recommendations

About Maximize Market Research:

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