Lysine Market Growth, Statistics, By Application, Production, Revenue and Forecast To 2029
Lysine Market Overview:
Lysine hydrochloride, an important amino acid, is not produced by humans or animals. It is commonly used in the body's protein synthesis. It can be found in foods such as lean beef, cheese, turkey, chicken, pig, soy, fish, shrimp, shellfish, nuts, seeds, eggs, beans, lentils, and legumes. The amino acid lysine hydrochloride is required for collagen formation and calcium absorption in the body. The daily lysine consumption recommendation is 30 milligrammes per kilogramme of body weight, or 13.6 milligrammes per pound. Lysine aids calcium absorption in the intestine as well as renal retention. Lysine hydrochloride is produced on a large scale through the microbial fermentation of sugar.
The research conducted a micro-level examination of each country to determine the overall size of the Lysine market by countries and segments. A bottom-up approach is used to calculate the size of regional and global markets. Both paid and unpaid databases are used in the secondary research and analysis. Each participant's supply and consumption data are derived from official government databases, third-party databases, and, in the case of publicly traded companies, the company's annual reports. If a firm's annual reports are not made public, they can be obtained from the local government's tax division.
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Lysine Market Research methodology:
To estimate and validate the size of the global Lysine market, top-down and bottom-up approaches are used. Players closely adhere to various industry classification criteria to compile a comprehensive list of functional and relevant players. A rigorous validation test is also carried out to identify the most relevant competitors for the survey in the Lysine market. Priority lists are ordered based on revenue generated based on the most recent reporting using paid databases such as Factiva, Bloomberg, and others.
Finally, the questionnaire was established and specifically designed to meet all requirements for gathering primary data via prior appointment, with a focus on the primary target categories, including This helps us collect data on player revenue, operational cycle and spending statistics, profit, and product or service growth, among other things. Most data—roughly 70-80 percent—is gathered through primary media and then verified through secondary sources such as authorities, the World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and so on.
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Lysine Market COVID 19 Impact:
COVID-19 can have three major effects on the global economy: direct changes in supply and demand, market and supply chain disruptions, and economic impacts on businesses and financial markets. Following the COVID-19 issue, our researchers, who are monitoring the situation globally, predict that the market will present producers with enticing opportunities. The report's goal is to highlight the sector-wide effects of the current environment, the economic downturn, and COVID-19 in greater detail.
Lysine Market Segment:
The market is divided into three sections based on livestock: swine/hog, poultry, and others. The hog/swine segment accounted for approximately 57.9% of total volume. The market is expected to be the fastest growing livestock segment for lysine, with a CAGR of 6.5% over the forecast period. The segment is expected to expand as demand for pork meat rises, particularly in China. Poultry surpassed beef to become the second-largest livestock segment. Lysine is frequently used in poultry diets to improve flock performance and provide a well-balanced diet. Lysine supplementation improves poultry meat quality and weight gain. Increased consumption of poultry meat around the world is one of the primary factors driving this segment's growth. The sector is expected to grow during the forecast period due to rising demand.
Lysine Market Key players:
- 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.
- Juneng Golden Corn Co., Ltd.
Lysine Market Regional Analysis:
Based on geography, the Lysine market is segmented into 5 main regions, and they are- North America, Europe, Asia Pacific, the Middle East, Africa, and South America respectively.
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