Lysine Market Overview
The report published by MMR, on Lysine market includes several segments related to business data and industry future with cautious assessment and examination. The report on the Lysine market report 2022 by manufacturer, type, application, and region. The report provides an in-depth analysis, revenue statistics, and other essential data about the global Lysine industry, as well as various trends, drivers, limitations, opportunities, and threats that the market over the forecast period.
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Lysine Market was worth US$ 7.86 Bn in 2021 and total revenue is expected to grow at a rate of 7.5 % CAGR from 2021 to 2029, reaching almost US$ 14.03 Bn in 2029.
Lysine Market Scope
The Lysine market report includes, the forecast period is considered from 2023 to 2029, and 2022 is a based year. 2022Lysine market size in terms of value and volume is estimated on real numbers and outputs of prominent players across the globe. Past five years market trends from 2016 are considered while estimating the market through 2023-2029.
The report also includes a detailed analysis of the Lysine industry, as well as market segmentation by product type, applications, end-use, and region. The report includes an analysis of historical market dynamics from 2018 to 2021, which assist readers in comparing past trends to current market scenarios, as well as the contributions of key players.
Segmentation
by Application
• Animal Feed
• Food & Dietary Supplements
• Pharmaceuticals
• Others
The market is divided into three subsectors based on livestock: Swine/hog, Poultry, and Others. About 57.9% of the entire volume was accounted for by the swine/hog category. The market is anticipated to grow at the quickest rate among the livestock segments for lysine, with a CAGR of 6.5% over the projected period.
by Type
• Lysine Hydrochloride
• Lysine Monohydrate
The market is further divided based on Application into Animal Feed, Food & Dietary Supplements, Pharmaceuticals, and Others. Lysine was most frequently used in animal feed, which accounted for 92.5% of its volume. The segment is also anticipated to experience the fastest rate of application segment growth, with a CAGR of 6.2% during the projection period.
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Key Players
• Archer Daniel Midland (ADM)
• Evonik Industries
• Shandong Shaouguang Juneng Golden Corn Co.
• Cheiljedang
• Changchun Dacheng
• Eppen
• Meihua Group
• Chenfu Group
• Easthope
• COFCO Biochemical
• Shandong Shaouguang Juneng Golden Corn Co
• Global Bio-Chem Tech
• Cheil Jedang Corp.
• Sunrise Nutrachem Group
• KYOWA HAKKO BIO CO., LTD.
Lysine Market Regional Analysis
The Lysine market report gives an in-depth understanding and knowledge of the Lysine market trends, dynamics, and other issues in the market. The report on Lysine market includes the most significant developments that have an impact on the industry. It assists in identifying the information included in the report, as well as assessing the competitive landscape of important firms, Lysine market dynamics, and other things that help to determine current marketing plans.
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By | geeta |
Added | Jun 13 '23 |
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