Lysine Market Research Report - Global Forecast till 2027

Global Lysine Market Research Report: Information by Type (Lysine Hydrochloride, Lysine Monohydrate and Others), Grade (Feed Grade, Food Grade and Pharma Grade), Form (Powder, Liquid and Granules), Application (Food & Beverages, Pharmaceuticals & Nutraceuticals, Personal Care, Animal Feed {Poultry, Swine, Ruminants, Aquafeed, Others}), By Region – Forecast till 2027

ID: MRFR/AGR/8625-HCR | February 2021 | Region: Global | 90 pages

Market Scenario


Global Lysine Market size is projected to reach approximately USD 2.06 Billion by 2026, at a CAGR of 6.8% from 2020 to 2026. Lysine is one of the most extensively used amino acids in human and animal nutrition products. It is an essential amino acid required in the diets of humans and animal species such as swine, poultry, and others. Although it is produced naturally in the body, it doesn’t produce an adequate amount, so it must be obtained through proper diet.  Pharma grade lysine maintains the nitrogen balance in the body. It also used to increase the absorption of calcium. Feed grade lysine is used in the animal feed to enhance the health of the livestock and increase productivity. The addition of these nutrients to the feed has resulted in better performance and health of the livestock. The growth of the lysine market is also creating an opportunistic market for the players in the global lysine industry. Initiatives by the key players in the lysine market are driving market growth. For instance, in February 2020, ZAO Prioskolie announced the expansion of the L-lysine production with the beginning of the liquid concentrate of lysine sulfate manufacturing. All these factors are anticipated to create substantial growth opportunities for the lysine market.


Market Synopsis


The global lysine market has witnessed high growth in recent years. The rapid expansion of the livestock industry is driving the growth of the global lysine market. The increasing demand for functional food ingredients from the food & beverage industry has created an opportunity for lysine manufacturers. To cater to the trending consumer needs, market players are focusing on the investment in research and development activities.


Market USP


Increase in adoption of lysine in animal feed


Market Drivers



  • Increasing usage and benefits of lysine in animal feed: Lysine helps in the improvement of muscle growth in animals such as swine as it improves the protein synthesis. It is used in animal feed to improve the quality and quantity of animal-based products such as meat and eggs. The meat producers are focusing more on animal nutritional requirements to provide high-quality products. Thus, driving the demand for lysine market.



  • Growth of the livestock industry: Global livestock production accounted for about 40% of the gross value of agricultural production in 2017. High consumption of animal-based protein is boosting livestock production capacity. According to the Food and Agriculture Organization (FAO), the per capita consumption of meat was 43.5 kg in 2017. Lysine is added to animal feed to fulfill the nutritional requirements in the livestock diet. The above factor is expected to drive the growth of the global lysine market.



  • Increase in demand for functional foods



  • Growth of application industries



  • Health benefits associated with lysine consumption


Market Restraints



  • Fluctuating prices of raw materials

  • Government regulations


Segmentation


By Type



  • Lysine Hydrochloride: It is a synthetic form of amino acid. It is often added to animal feed. It is also used as a flavoring agent in the food & beverage industry. In personal care applications, it is used as an antioxidant.



  • Lysine Monohydrate



  • Others


By Grade



  • Feed Grade: The segment accounted for the largest market share in 2019, owing to its increasing used in animal feed. The feed grade lysine is a popular amino acid in corn-soybean diets for swine and poultry. It is a cost-effective high-protein ingredient used in the animal feed.



  • Food Grade



  • Pharma Grade


By Form



  • Powder: Powdered lysine is used in animal feed, pharmaceuticals & nutraceuticals as well as in food & beverage applications. It is a very widely available form of lysine. The powdered form is easy to store for a longer period.



  • Liquid



  • Granules


By Application



  • Food & Beverages



  • Pharmaceuticals & Nutraceuticals



  • Personal Care



  • Animal Feed: Animal feed is referred to as a food give to domestic animals such as swine, poultry, among others. Animal feed is manufactured on a large scale to improve the diets of farm animals. This, in turn, improves the diets of products such as eggs, milk, and meat. The segment accounted for a major market share.


By Region



  • North America



  • Europe: The lysine market in Europe has grown significantly in the last few years. Increasing awareness about food safety among European farmers along with stringent regulations by the European Commission has increased the focus on the nutritional requirement of the animals. Furthermore, the growing demand for flavoring agents in the food & beverage industry is expected to drive the demand for lysine.



  • Asia-Pacific: Asia-Pacific dominated the global lysine market in 2019 with China, being the dominant market for lysine, accounting for the majority share. The widespread consumption of pork, chicken, and duck in countries such as China and Japan and many other South-East Asian countries are driving the growth of the lysine market in Asia-Pacific. The growing food & beverage industry, increasing demand for natural ingredients, and rising meat consumption are some of the few factors that are anticipated to drive the Asia Pacific lysine market during the forecast period.



  • Rest of the World


Key Players



  • Global Bio-chem Technology Group Company Limited (Hong Kong)

  • Ajinomoto Co., Ltd. (Japan)

  • Cheil Jedang Corp (South Korea)

  • Archer Daniel Midland (ADM)

  • Evonik Industries (Germany)

  • COFCO Biochemical (Anhui) Co. Ltd. (China)

  • Shandong Shaouguang Juneng Golden Corn Co. Ltd. (China)

  • Changchun Dacheng Group (China)

  • Sunrise Nutrachem Group (China)

  • KYOWA HAKKO BIO CO., LTD. (Japan)

  • Juneng Golden Corn Co., Ltd. (China)

  • Penta Manufacturing Company (US)

  • BANGYE Inc. (China)

  • Shijiazhuang Shixing Amino Acid Co., Ltd. (China)

  • Bajaj Healthcare Ltd. (India)



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 2.06 Billion
  CAGR   6.8% (2020-2026)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type, Form, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Global Bio-chem Technology Group Company Limited (Hong Kong) Ajinomoto Co., Ltd. (Japan) Cheil Jedang Corp (South Korea) Archer Daniel Midland (ADM) Evonik Industries (Germany) COFCO Biochemical (Anhui) Co. Ltd. (China) Shandong Shaouguang Juneng Golden Corn Co. Ltd. (China) Changchun Dacheng Group (China) Sunrise Nutrachem Group (China) KYOWA HAKKO BIO CO., LTD. (Japan) Juneng Golden Corn Co., Ltd. (China) Penta Manufacturing Company (US) BANGYE Inc. (China) Shijiazhuang Shixing Amino Acid Co., Ltd. (China) Bajaj Healthcare Ltd. (India)
  Key Market Opportunities   Increasing demand for functional food ingredients from the food & beverage industry
  Key Market Drivers

  • Increasing usage and benefits of lysine in animal feed
  • Growth of the livestock industry: