November 2022, Market Research Future has published a Report on the Global Lysine Market
Global Lysine Market size is projected to be valued at USD 3.16 billion by 2030 at a CAGR of 7.2% between 2022 and 2030. The demand for lysine is increasing with raising awareness of its health benefits. The natural ingredients and additives market has registered tremendous growth in the past few years, and the same trend is expected for the lysine market. Additionally, the North American and European markets are witnessing the growing demand for lysine.
The key players in the market have been responsive to shifting consumer preferences and are focused on strategic acquisitions, product launches, and partnerships. Moreover, the key players in the market are focusing on expanding their R&D capabilities. For instance, in February 2021, Ajinomoto Co., Ltd. announced the opening of the new Thai Technology and Engineering Center Building, which is located in Ajinomoto’s Ayutthaya Factory area. Investments in the market are projected to have a significant impact on the lysine market size during the forecast period.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/lysine-market-10103
Increase in adoption of lysine in animal feed
Growth Opportunities in the Market
High Investments in R&D: R&D investments by the major manufacturers enhance the products, services, and technologies. For instance, manufacturers are incorporating new technologies to develop efficiency and effectiveness which includes encapsulation techniques. It is gaining massive acceptance among manufacturers. Encapsulation technology helps to improve its release and offer a longer shelf life by protecting it from the external environment. Research and development will lead to the formation of new products with improved quality and functionality by including better formulation.
Rising demand for natural ingredients: Consumer focus on health and wellness has seen a rise in recent years owing to increasing incidences of lifestyle disorders such as cardiovascular diseases, obesity, osteoporosis, and diabetes. This has changed consumer food choices and perception of natural ingredients. Thus, rising consumer preference for natural and clean-label products is driving the demand for natural ingredients in the food & beverage as well as animal nutrition industry.