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Lysine Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Lysine Market: By Type (Lysine Hydrochloride, Lysine Monohydrochloride, and Others; Grade (Food Grade, Feed Grade, and Pharma Grade); Form (Power, Liquid, Capsule, Cream); Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal care, Animal Feed (Swine, Poultry, Aquaculture Diets, Others)); By Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2023–2031

  • Published On: 20-Mar-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0323380
    Delivery: 2 to 4 Hours
Lysine Market

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Report AttributeDetails
Market Size Value in 2022US$ 8,472.6 Million
Expected Revenue in 2031US$ 15,523.2 Million
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
Segments coveredBy Type, By Grade, By Form, By Application, By Region
Key Companies                                                                                 Ajinomoto Co., Inc., Alltech, Archer Daniel Midland (ADM), Cargill, Changchun Dacheng, Cheil Jedang Corp., Chenfu Group, COFCO Biochemical, Daesang, Dow, DuPont, Evonik Industries, Global Bio-Chem Tech, Juneng Golden Corn Co., Ltd., Kent Nutrition Group, Meihua Group, NOVUS INTERNATIONAL, Perdue Farms, Sunrise Nutrachem Group, Other Prominent Players
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The Global Lysine Market was valued at US$ 8,472.6 Million in 2022.

The Global Lysine Market is been expected to grow with a CAGR of 7.1% during the forecast year.

Shortage of synthetic lysine additive and disruptions in import and export activities of L-Lysine are few key factors hampering the growth of the market.

Rising focus on nutritional fulfilment due to increasing prevalence of health issues related to protein deficiency and demand for lysine in the animal feed industry are driving the market. 

The threat of new entrants in the lysine market is high because many new companies and startups are entering in the market which can give rigid competition to established players.

Top players in the market are Ajinomoto Co., Inc. , Alltech and Archer Daniel Midland (ADM) among others. 

During the pandemic there was enormous shortage of synthetic lysine additive/dry lysine which further disrupted the import and export of lysine, leading to a dip of 3.0% in 2020.

Lysine Monohydrochloride held the highest share of 68.8% in 2022 in the lysine market.

Feed Grade is expected to grow with a highest CAGR of 7.2%.