About L-Lysine
L-Lysine or lysine is one of many amino acids essential for human growth and development. Amino acids are necessary for the synthesis of proteins in the human body and allow certain proteins to be synthesized. Without lysine and the other amino acids, the very proteins which make up our muscle and brain tissue, among others, would not exist. Lysine, however, is not synthesized by the human body meaning it has to be found through other sources, mainly from the food we consume in our regular diet. Red meats, beans, and nuts contain the most lysine. Sometimes supplements are taken as well. Lysine is an essential component for the formation of collagen, which is crucial to a rebuilding of skin, bone, tendons, ligaments, and other connective tissues. Lysine does far more than simply aid in the production of various proteins, it also has other various medical uses.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.3% |
The demand for L-Lysine is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes CJ CHEILJEDANG BIO, Ajinomoto Animal Nutrition North America, Inc, ADM Asia-Pacific Trading Pte. Ltd and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how L-Lysine can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings. Analyst at AMA Research estimates that Chinese Players will contribute the maximum growth to Global L-Lysine market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
CJ CHEILJEDANG BIO (South Korea), Ajinomoto Animal Nutrition North America, Inc. (United States), ADM Asia-Pacific Trading Pte. Ltd (Singapore), Evonik (Germany), GLOBAL Bio-Chem (China), Meihua (China), COFCO (China), East Hope (China), Juneng Golden Corn (China) and Chengfu Group (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Daesang Europe B.V. (Netherlands) and AFC Agro Biotech Limited (Bangladesh).
Segmentation Overview
AMA Research has segmented the market of Global L-Lysine market by Type (Type 98, Type 70 and Other {Type 65 etc.}), Application (Animal Feed, Food Industry and Healthcare) and Region.
On the basis of application, Animal Feed segment is dominating the market in the year 2023On the basis of geography, the market of L-Lysine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the L-Lysine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Lysine For Protein Gain and Growing industry awareness regarding the benefits of using amino acids as feed additives
Market Growth Drivers:
Increase in livestock production, The Rising Demand From Healthcare Industry and Advantages Of Lysine Over Soybean
Challenges:
High risk of side-effects such as renal dysfunction, including Fanconi syndrome and renal failure.
Restraints:
Tight Raw Material Supply
Opportunities:
Emerging Demand From Economies
Market Leaders and their expansionary development strategies
In September 2021 Evonik had announced the launch of AvailOm omega-3 powder for dietary supplements in Brazil. ANVISA, the Brazilian health authority, has given Evonik permission to distribute AvailOm 50 High EPA and AvailOm 50 High DHA. In Brazil, nutraceutical companies and consumers may now take advantage of a complete system solution that combines Evonik's formulation expertise with the AvailOm platform. Evonik's unique method blends free fatty acids with the necessary amino acid L-lysine to create AvailOm.
Key Target Audience
L-Lysine Manufacturers, L-Lysine Traders/Distributors, L-Lysine Importer/Exporter, Regulatory Bodies, Government Bodies and Downstream Vendors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.