Industry Analysis
Lysine is a amino acid (protein building block) that is also known as Lisina, Lysine, Lysine Hydrochloride, Lysine Monohydrochloride, and others. Both humans and animals require lysine. Lysine is essential in animal nutrition because it is involved in a number of metabolic processes. Lysine is produced industrially through microbial fermentation of the sugar substrate. Data Bridge Market Research analyses that the lysine market which was growing at a value of 6.96 billion in 2021 and is expected to reach the value of USD 11.56 billion by 2029, at a CAGR of 6.55% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.
Lysine Market research report has put forth a bench-marking example for a vibrant market that explores several recommendations and practical growth strategies in relation to the market. The market report covers a wide spectrum of regions and also focuses on key regions that include North America, Europe, Asia Pacific, Middle East, South America, and the Middle East & Africa (MEA). The chapter of the competitive landscape is presented well in the market research report and is analysed based on the tools such as Porter’s five forces analysis. The study throws light upon market attractiveness where all the segments are arranged based on the compound growth rate, size, and general attractiveness.
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Lysine Market Dynamics
Drivers
- Growing focus on the animal health
Increased focus on animal health will also drive market expansion. Increased cattle farming will almost certainly increase demand for lysine. The growing demand for animal-based products by humans will drive up market demand. Natural growth supporters are expected to be active in the market as their momentum grows. Consumer awareness of the advantages of using feed additives to reduce disease has increased market demand.
- Increase in the demand for organic meat
Concerns about food safety have increased the demand for high-quality lysine to ensure the safety of meat. Another factor driving the growth of the lysine market is the growing awareness among farm owners of the importance of maintaining a healthy animal-based diet. As a result, they are transforming from standard lysine to functional and premium variants that help improve enzootic disease immunity while also lowering the risk of metabolic disorders, acidosis, injuries, and infections.
Furthermore, an rise in demand for organic meat from developed-country consumers, as well as the adoption of new animal rearing practices and the upholding of high farming standards, have created a positive outlook for the industry.
Opportunity
Rising meat consumption in developing economies such as China, India, and Brazil is expected to drive global demand. Australia is a major pork exporting country that is expected to drive product demand during the forecast period of 2022 to 2029.
Restraints
High raw material prices and an increasing number of restrictions and regulatory bans will act as market restraints for lysine growth. During the forecast period, less product awareness will act as a restraint, further challenging the growth of the lysine market.
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Industry Segmentation and Size
The lysine market is segmented on the basis of livestock and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Livestock
- Swine/hog
- Poultry
- Others
Application
- Animal Feed
- Food & Dietary Supplements
- Pharmaceuticals
Market Country Level Analysis
· The countries covered in the lysine market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Industry Share Analysis
Some of the major players operating in the lysine market are:
- Cargill, Incorporated (U.S)
- Dow (US)
- BASF SE (Germany)
- Chr. Hansen Holding A/S (Denmark)
- DSM (Netherlands)
- DuPont (US)
- Evonik Industries AG (Germany)
- NOVUS INTERNATIONAL (USA)
- Alltech (US)
- Associated British Foods plc (UK)
- Charoen Pokphand Foods PCL (Thailand)
- Nutreco (Netherlands)
- ForFarmers. (Netherlands)
- De Heus Animal Nutrition (Netherlands)
- Land O'Lakes (US)
- Kent Nutrition Group (US)
- J. D. HEISKELL & CO. (US)
- Perdue Farms (US)
- SunOpta (Canada)
- Scratch Peck Feeds (US)
Lysine Market Report Answers the Following Questions:
- What is the current size of the Lysine Market?
- What are the key drivers and challenges for the Lysine Market?
- What are the different types of Lysine Market?
- What are the leading companies operating in the Lysine Market?
- What is the future outlook for the Lysine Market?
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