The Lysine Global Market Report 2023, provides comprehensive information on the lysine market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global lysine market size is expected to grow from $7.3 billion in 2022 to $7.92 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of lysine market is expected to reach $10.57 billion in 2027 at a CAGR of 7.5%.
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Product innovation is a key trend gaining popularity in the lysine market. Major companies operating in the lysine sector are focused on developing innovative and specialized lysine-based animal nutrition solutions to strengthen their position in the market. For instance, in July 2020, Archer Daniels Midland Company, a US-based animal nutrition company, launched NutriPass L, a rumen-stable and intestinally available encapsulated lysine supplement for cows to improve milk production, animal growth and overall efficiency. Utilizing a proprietary matrix encapsulation technique, NutriPass L ensures a consistent and stable metabolizable lysine supply, allowing nutritionists to optimize rations and reduce nutrient waste. It offers dairy and cattle producers a competitive advantage in maximizing productivity and cost-effectiveness while supporting optimal animal performance.
The lysine market is segmented:
1) By Type: Lysine Hydrochloride, Lysine Monohydrate, Other Types
2) By Grade: Food Grade, Feed Grade, Pharma Grade
3) By Form: Powder, Liquid, Capsule, Cream
4) By Application: Food And Beverages, Pharmaceuticals And Nutraceuticals, Personal Care, Animal Feed
Asia-Pacific was the largest region in the lysine market in 2022.
The table of contents in TBRC’s lysine market report includes:
- Executive Summary
- Lysine Market Characteristics
- Lysine Market Trends And Strategies
- Lysine Market – Macro Economic Scenario
- Lysine Market Segmentation
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- Global Lysine Market Competitive Benchmarking
- Global Lysine Market Competitive Dashboard
- Key Mergers And Acquisitions In The Lysine Market
- Lysine Market Future Outlook and Potential Analysis
- Appendix
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