Lysine Market Overview:
The competitive landscape of the Lysine Market includes information about competitors. The contents include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses' focus on the Lysine market.
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Lysine Market Scope:
This Lysine market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, segmented market growth, application niches, and dominance, product approvals, product launches, geographic expansion For more information on the Lysine market, please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.
Lysine Market Segmentation:
Based on Livestock, the market is sub-segmented into Swine/hog, Poultry and Others. The swine/hog category accounted for roughly 57.9% of total volume. With a CAGR of 6.5 % over the projection period, the market is expected to be the fastest developing livestock segment for lysine. The segment is predicted to rise due to rising demand for pork meat, notably in China. Poultry overtook beef as the second-largest animal segment. Lysine is often exploited in chicken diets to increase flock performance and provide a well-balanced diet. Supplementing with lysine helps birds grow weight and produce better-quality meat. Increased poultry meat consumption around the world is one of the key drivers driving this segment's rise. Over the projection period, the sector is expected to develop due to rising demand for processed chicken meat and the need to improve meat quality.
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 corn. Food and dietary supplements are projected to increase their market share significantly over the coming years. Growing health consciousness and an aging population are expected to increase demand for food and nutritional supplements, which will benefit the lysine business.
Global Lysine Market, by Livestock (2022-2029)
• Swine/hog
• Poultry
• Others
Global Lysine Market, by Application (2022-2029)
• Animal Feed
• Food Dietary Supplements
• Pharmaceuticals
• Others
Global Lysine Market, by Grade (2022-2029)
• Food Grade
• Feeed Grade
• Pharma Grade
Global Lysine Market, by Type (2022-2029)
• Lysine Hydrochloride
• Lysine Monohydrate
Global Lysine Market, by Form (2022-2029)
• Powder
• Liquid
• Granules
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Lysine Market Key Players: The following are the key players of the Lysine market-
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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Lysine Market Regional Analysis:
The geographical section of the research also includes individual market influencing variables and changes in market regulations that effect current and future market trends. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast market scenarios for various countries.
COVID-19 Impact Analysis on Lysine Market: The research also addresses the impact of COVID-19 on the Lysine market. The basic purpose of this study is to help the user understand the market in terms of definition, segmentation, market potential, noteworthy trends, and the issues that the industry is facing across key regions. The study provides micro and macroeconomic analysis of the total impact of COVID-19 on the Lysine Market. The specific analysis focuses on market share and size, which clearly demonstrates the influence that the pandemic has had and will have on the worldwide Lysine Market in the next years.
Key Questions Answered in the Lysine Market Report are:
- What will be the CAGR of the Lysine market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Lysine market?
- Which are the prominent players in the Lysine market?
- What key trends are likely to emerge in the Lysine market in the forecast period?
- What will be the Lysine market size by 2027?
- Which company held the largest share in the Lysine market in 2020?
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