Lysine Market is expected to reach USD 6.96 billion by 2020. Lysine Market demand is expected to witness a steady growth on account of its increasing usage in the manufacturing of animal feed. Lysine is an organic compound with a chemical formula C6H14N2O2. It is an alpha amino acid and is mostly used in the biosynthesis of proteins. Human body cannot synthesize lysine and therefore it is mostly obtained through diet. Lysine is injected in consumed meat to provide necessary nutrients. Usage of lysine as a protein synthesizer in animal feed is a major application driving the overall demand.
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Market Synopsis of Lysine Market:
Further, its application as an
herbal supplement has been driving the market demand in recent years. Hectic
lifestyle and increasing consumer awareness has created a trend of protein
supplement consumption. These supplements are known to improve muscle growth
and plays an important role in calcium absorption. Lysine is plays a major role
in diet for people recovering from injuries. Their intake for improving body
enzymes and antibodies is expected to provide great opportunities in the near
future. Government regulations and
safety related to this organic compound offers a major challenge for the
overall industry growth. The U.S food and drug administration considers this
compound as generally recognized as safe (GRAS). There are no significant
regulatory standards for the usage of lysine as an herbal supplement or for
medicinal uses.
Use of lysine for the
manufacturing of lysine monohydrochloride is expected to provide great
opportunities in the near future. This compound is used as a food ingredient in
fabricated snack products. It is used before frying to reduce the content of
acrylamide. Market segmentation is done on the basis of application which
includes animal feed and body supplements. Animal feed account for maximum
segment share owing to the increasing meat consumption. Segmentation demand for
protein supplements is expected to grow owing to increasing urban population.
Products containing lysine have been very popular among body building and
sports activists. Asia Pacific has been the leading market in recent years in
terms of demand and is expected to continue on account of increasing meat
consumption. China has shown substantial production and consumption of lysine
which is used world-wide for the manufacturing of animal feed. Emerging
economies such as India and China are expected to witness a significant growth
on account of high investment in poultry and cattle breeding.
Further, regional demand is
followed by North America mainly on account of increasing use of lysine as body
supplements. Development of new products for sport activists and body building
professionals has fuelled the demand in developed economy such as the US.
Europe is expected to show a steady growth over the forecast period owing to
the presence of developed animal husbandry practices. South America and Africa
is expected to witness a stagnant growth owing to the slow growth of overall
development of application industries.
Major players operating in the market are Global bio chem tech, Cheil
Jedang, Ajinamoto, Archer Daniel Midland. Other major players present in the
market are COFCO biochemical, Evonik industries, and Shaouguang Juneng Golden
Corn. Companies are focusing on research and development in order to find out
new applications for lysine. This is expected to diversify the application
portfolio and therefore propelling the demand in near future.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Lysine: Market
Variables, Trends & Scope
Chapter 4 Lysine: Product Estimates
& Trend Analysis
Chapter 5 Lysine: Application
Estimates & Trend Analysis
Chapter 6 Lysine: End-use
Estimates & Trend Analysis
Chapter 7 Lysine: Industrial
End-use Estimates & Trend Analysis
Chapter 8 Lysine: Regional
Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Lysine: Manufacturers
Company Profiles
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