Global Lysine Market

Global Lysine Market Size, Share, Growth Analysis, By Source(Plant-Based and Animal-Based), By Application(Animal Feed, Pharmaceuticals) - Industry Forecast 2024-2031


Report ID: SQMIG30I2256 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 62 | Figures: 75

Global Lysine Market Insights

Global Lysine Market size was valued at USD 1881.25 Million in 2022 and is poised to grow from USD 2016.7 Million in 2023 to USD 3517.23 Million by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).

Lysine helps the body absorb calcium and supports the formation of collagen, a protein found in skin, tendons, and cartilage. Lysine is also known for its ability to fight off viral infections, particularly the herpes simplex virus (HSV). It works by inhibiting the growth of the virus and reducing the severity and frequency of outbreaks. As a result, lysine supplements are commonly used to treat cold sores and genital herpes. While lysine can be obtained through diet, it is not produced naturally by the body, making supplementation necessary for some individuals. Foods high in lysine include meat, fish, dairy products, and legumes. It is important to note that excessive intake of lysine may cause digestive issues and increase the risk of developing kidney stones. Therefore, it is recommended to consult a healthcare professional before taking lysine supplements.

The animal feed industry is the largest consumer of lysine, accounting for more than 70% of the global demand. Lysine is used in animal feed to enhance the nutritional value of feed, improve animal growth, and reduce the cost of feed. The growing demand for meat and animal-based products, particularly in developing countries, is driving the demand for lysine in the animal feed industry. The pharmaceutical industry is another major consumer of lysine, owing to its antiviral properties. The growing prevalence of HSV infections, particularly in developed countries, is driving the demand for lysine in the pharmaceutical industry. In addition to the animal feed and pharmaceutical industries, lysine is also used in personal care products, such as shampoos and conditioners, to improve the texture and moisture content of hair. The growing demand for personal care products, particularly in emerging economies, is driving the demand for lysine in the personal care industry.

According to the US Food and Drug Administration (FDA), lysine is classified as a Generally Recognized As Safe (GRAS) substance when used in animal feed at appropriate levels. The FDA's Center for Veterinary Medicine regulates the use of lysine in animal feed to ensure its safety and effectiveness. In recent years, the FDA has increased its surveillance of animal feed to ensure that it meets safety standards and does not contain harmful contaminants. The World Health Organization (WHO) does not provide specific updates on the lysine market in India or the USA. However, the WHO recognizes the importance of lysine in human health and recommends its consumption through a balanced diet or dietary supplements. The WHO also promotes the use of lysine in the treatment of certain medical conditions, such as herpes simplex virus infections.

US Lysine Market is poised to grow at a sustainable CAGR for the next forecast year.

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Global Lysine Market size was valued at USD 1881.25 Million in 2022 and is poised to grow from USD 2016.7 Million in 2023 to USD 3517.23 Million by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).

The global lysine market is highly competitive, with several regional and international players operating in the market. The market is characterized by the presence of a large number of players, offering similar products and services, which has intensified the competition in the market. The players in the market are focusing on product innovation, expanding their production facilities, and enhancing their distribution channels to gain a competitive advantage in the market. Additionally, partnerships, collaborations, and acquisitions have become a popular trend in the market, with players striving to expand their market share and increase their customer base. The intense competition in the market is expected to continue in the coming years. 'Ajinomoto Co., Inc. (Japan)', 'Archer Daniels Midland Company (US)', 'CJ CheilJedang Corp. (South Korea)', 'Evonik Industries AG (Germany)', 'Global Bio-Chem Technology Group Co., Ltd. (Hong Kong)', 'Prinova Group LLC (US)', 'Yichang Sanxia Pharmaceutical Co., Ltd. (China)', 'Shandong Shaouguang Juneng Golden Corn Co., Ltd. (China)', 'Meihua Holdings Group Co., Ltd. (China)', 'COFCO Biochemical (Anhui) Co., Ltd. (China)', 'Parry Enterprises India Limited (India)', 'Changchun Dacheng Biochemical Co., Ltd. (China)', 'Honliv Group Co., Ltd. (China)', 'Ningxia Eppen Biotech Co., Ltd. (China)', 'ADM Animal Nutrition (US)', 'Henan Lotus Flower Gourmet Powder Co., Ltd. (China)', 'Chongqing Unisplendour Chemical Co., Ltd. (China)', 'COFCO Biochemical (Zhaodong) Co., Ltd. (China)', 'Xinjiang Fufeng Biotechnologies Co., Ltd. (China)', 'Sunhy Group (China)'

One of the major drivers of the lysine market is the increasing demand for protein-rich food and animal feed, particularly in developing regions such as Asia Pacific and Latin America. As the global population continues to grow and urbanize, the demand for animal-based protein products such as meat, eggs, and dairy is increasing. Lysine is a crucial ingredient in animal feed, as it helps to promote growth and improve the overall health of animals. This growing demand for animal feed is driving the demand for lysine, presenting significant opportunities for market players to expand their production capacities and launch new products.

One key market trend in the global lysine market is the growing demand for lysine as a feed additive for livestock and poultry. Lysine is an essential amino acid that is required for optimal animal growth and development. With increasing global demand for animal protein, there has been a corresponding rise in demand for lysine in animal feed formulations. Moreover, the increasing popularity of plant-based diets for humans has led to a higher demand for lysine in the production of plant-based protein alternatives, such as pea protein and soy protein. Technological advancements in lysine production and the emergence of new lysine sources are also expected to drive market growth in the coming years.

North America dominated the global market. The region is dominated by the United States, which is the largest producer and consumer of lysine in the world. The market is driven by the increasing demand for animal feed, pharmaceuticals, and personal care products. The animal feed industry is the primary driver of the lysine market in North America. The demand for lysine in animal feed is driven by the increasing demand for protein-rich animal-based products, such as meat, eggs, and dairy products, across the region. The United States is the largest producer of meat in the world, and the demand for lysine in animal feed is expected to increase significantly in the coming years due to the rising population and changing dietary habits. The pharmaceutical industry is also a significant driver of the lysine market in North America. The demand for lysine in the pharmaceutical industry is expected to increase in the coming years due to the growing demand for dietary supplements and functional foods. The personal care industry is a relatively small but growing application segment in the lysine market in North America. Lysine is used in personal care products such as shampoos, conditioners, and skin care products. The demand for lysine in the personal care industry is driven by the increasing demand for natural and organic personal care products in the region. In terms of production, the United States dominates the lysine market in North America. The country is home to several major lysine producers, including Ajinomoto Animal Nutrition, Evonik Industries, and Archer Daniels Midland Company. These companies are investing heavily in research and development to develop new and innovative lysine products to meet the growing demand from various industries.

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Global Lysine Market

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