Global Lysine Market By Product Type (Animal Feed, Pharmaceuticals, and Food & Dietary Supplements), By Livestock (Poultry and Swine), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Report Overview

Globally, the lysine market was worth US$ 6,920 million in 2021. It is projected to grow at 6.4% CAGR over the forecast period. Lysine, a type of amino acid, is essential for humans and animals. The demand for lysine is expected to rise as animals and humans are unable to produce it naturally. It is vital for proper growth and development in mono-gastric organisms.

Global Lysine Market Scope:

Application Analysis

Animal feed was the most popular application segment for Lysine in 2021, accounting for 90.5%. This segment is expected to grow at a CAGR of 6.6% during the forecast period. This is due to the efficient and low-cost substitution of lysine for more expensive crude proteins such as soybean and corn.

Over the next few years, food and dietary supplement will be able to penetrate the market at an impressive rate. The growing awareness of health and the aging population will drive demand for food and dietary supplement and, in turn, increase lysine market growth. A major driver for this application segment will be the rising demand from athletes for sports nutrition supplements. The market growth will be boosted by population expansion and rising living standards in emerging countries.

Livestock Analysis

The swine/hog sector accounted for approximately 57.9% of the total volume in 2021. The segment is also expected to grow at an estimated CAGR of 6.5% during the forecast period. The segment is expected to grow due to the growing demand for pork meat, especially in China.

In 2021, poultry was the second-largest livestock segment. To improve the performance of poultry flocks and to ensure balanced nutrition, lysine is used extensively in the poultry diet. Supplementing poultry with lysine promotes weight gain and meat quality. The increase in poultry meat consumption worldwide is one of the main factors driving this sector’s growth. The industry is expected to grow over the forecast period due to increased demand for chicken meat and the need for better meat quality.

Кеу Маrkеt Ѕеgmеntѕ

By Application

• Animal Feed
• Pharmaceuticals
• Food & Dietary Supplements

By Livestock

• Poultry
• Swine

Market Dynamics:

Due to the HFC phase-down plan and the transition to eco-friendly natural products, the U.S. mobile Lysine is an integral part of many metabolic processes and plays a vital role in animal nutrition. The industrial method for producing lysine is microbial fermentation of sugar substrate. Manufacturers have been forced to look at the potential of other raw materials like cassava or methanol in order to produce lysine due to a shortage of feedstock.

Global meat consumption is on the rise, particularly in emerging countries. This will be accompanied by a growing population and an increase in wealth. This will drive demand for lysine in animal feed. Animal feed is required to ensure animals grow quickly. Lysine is a good choice as it allows animals to gain weight quicker by drawing nutrients from limited feed while still being delivered as high-quality meat.

The global market has grown due to the increasing prices of feed and the removal of bone meals and blood meals in many countries. This has led to a rise in lysine use as a substitute for animal feed. Lysine is an efficient and economical substitute for expensive feeds, and it has fewer environmental side effects such as nitrous excretion. It is becoming a sellers’ market because it cannot produce enough raw material to meet growing demand.

A tight feedstock supply will lead to rising prices. This could affect the demand and cause government intervention to reduce market profitability. This can lead to the consideration of other options for amino acid feeds such as tryptophan, threonine, or methionine. To maximize their capacity and reduce costs, manufacturers have increased R&D spending to address these challenges. The slump in meat demand due to flu epidemics (avian flu, swine flu) could also impact the demand for Lysine in the slow feed market.

Regional Analysis

North America was accounting for the highest revenue share of 30.6% for the lysine market. The North American lysine market is expected to grow in revenue due to increased usage of lysine for body supplements and low primary feedstock supply. Growth could also be driven by an increase in exports of beef and poultry.

Mexico’s trade relations with the U.S., Canada, and Mexico have had a significant impact on the country’s production landscape. This includes animal feed production. The fourth-largest feed producer in the world, Mexico has been expanding its exports to the United States. In 2021, The landscape is dominated by integrators. These factors will positively impact the market’s growth during the forecast period.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

The industry serves a variety of end-use industries, including animal feed, food, dairy sector, and pharmaceuticals. These companies do not have an integrated supply chain that allows them to reach a wider customer base. They have established networks of distributors and suppliers that are well-respected and can reach niche markets.

Маrkеt Кеу Рlауеrѕ:

• The Dow Chemical
• BASF SE
• Hansen Holding A/S
• DSM
• DuPont
• Evonik Industries AG
• NOVUS INTERNATIONAL
• Alltech
• Associated British Foods plc
• Charoen Pokphand Foods PCL
• Other Key Players

For the Lysine Market research study, the following years have been considered to estimate the market size: