Lysine Global Market Report 2024

The lysine market size has grown strongly in recent years. It will grow from $7.92 billion in 2023 to $8.58 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth observed in the historic period can be attributed to several factors, including the expansion of the livestock feed industry, a rise in meat consumption, the increased adoption of animal husbandry practices, a shift towards high-protein diets, and the overall growth in the global population. These elements collectively contributed to the positive trends and advancements experienced during this historical timeframe.

The lysine market size is expected to see strong growth in the next few years. It will grow to $11.39 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The anticipated growth in the forecast period can be ascribed to a growing demand for animal protein, heightened attention to livestock health and productivity, global shifts in dietary patterns, and the expanding practices of aquaculture. Notable trends expected during this forecast period encompass technological innovations in lysine formulations, a heightened emphasis on the quality and purity of lysine, the integration of lysine in sustainable livestock farming practices, and the market's responsive adaptation to fluctuations in grain prices. These trends collectively contribute to the positive trajectory expected in the forecasted period.

The anticipated growth in the lysine market is expected to be driven by the increasing consumption of meat. Meat consumption, representing the quantity of meat products included in individual or population diets, plays a pivotal role in this context. Lysine supplementation in animal feed formulations becomes crucial for ensuring optimal growth, meeting lysine requirements, supporting overall health and development, and enhancing the production of high-quality meat. For example, data from the United States Department of Agriculture (USDA) in April 2023 reveals a rise in beef, pork, and chicken meat consumption from 2021 to 2022. These consumption trends contribute to the overall growth of the lysine market, reflecting the demand generated by the meat industry.

The lysine market is poised for growth due to the expanding pharmaceutical industry. This sector encompasses activities related to the discovery, development, and production of drugs and medicines by governmental and private entities. Lysine's role as a key component in the development of various drugs, including antibiotics, antivirals, and pharmaceutical formulations, is significant due to its involvement in protein synthesis, cell growth, and as a stabilizing agent in certain medications. As evidenced by data from IQVIA Inc. in May 2021, the projected increase in total pharmaceutical expenditure in the US from 2020 to 2025 further underscores the positive impact of the growing pharmaceutical industry on the lysine market. This anticipated growth reflects a compound annual growth rate of 0-3%, reinforcing the link between the pharmaceutical sector's expansion and the demand for lysine.

Product innovation stands out as a prominent trend gaining traction in the lysine market, with major companies actively engaged in developing innovative solutions to bolster their market positions. One notable example is the introduction of Biolys by Evonik Industries AG, a Germany-based specialty chemicals company. Biolys, launched in May 2023, is a highly effective and reliable source of lysine that brings unparalleled precision to amino acid balancing. Noteworthy features include a higher proportion of L-lysine compared to similar products, excellent handling and processing properties, and its availability in the form of high bulk density, free-flowing granulate. Biolys is produced without the use of animal byproducts, making it biologically accessible to animals of all kinds. Additionally, the product contains additional essential amino acids and phosphorus, contributing to its comprehensive nutritional profile.

Major players in the lysine market are directing their efforts towards the development of amino acid-based technologies and artificial proteins to address environmental concerns, particularly the reduction of microplastics. Ajinomoto Co. Inc., a Japan-based food company, exemplifies this trend with the introduction of the AMIHOPE SB series in July 2022. This series utilizes amino acid technology to reduce microplastics, specifically microbeads in cosmetics. The technology involves a novel coating process for silica and other natural materials using lauroyl lysine, a combination of lauric acid and lysine. This innovative approach offers a sustainable alternative to traditional plastic beads, enabling the creation of environmentally friendly yet high-quality makeup, skincare, and haircare products.

In July 2021, De Heus Animal Nutrition, a Vietnam-based animal nutrition company, acquired Coppens Diervoeding B.V., a Netherlands-based feed manufacturing company specializing in lysine-based pig farming supplements. This acquisition aims to enhance De Heus Animal Nutrition's production capacity and flexibility in the Netherlands, underlining the significance of lysine in animal nutrition and farming practices.

Major companies operating in the lysine market report are Cargill Incorporated, Archer Daniels Midland Company, CJ CheilJedang Corporation, Evonik Industries AG, DuPont de Nemours Inc., Ajinomoto Co. Inc., Perdue Farm, MeiHua Holdings Group Co, Daesang Corporation, Alltech, Kemin Industries, Novus International Inc., Heilongjiang Chengfu Food Group Co Ltd., COFCO Biochemical (Anhui) Co. Ltd., Now Supplements, Kyowa Hakko USA Inc., Sewon, Spectrum Chemical Mfg. Corp., Bio-Chem Technology Group Company Limited, Pure Encapsulations, BRI Nutrition, BulkSupplements, Nanjing Jiayi Sunway Chemical Co. Ltd., Pharmaoffer, Arshine Pharmaceutical Co.

Asia-Pacific was the largest region in the lysine market in 2023. The regions covered in the lysine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the lysine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

There are different types of lysine, with lysine hydrochloride and lysine monohydrate being prominent examples. Lysine hydrochloride is a salt form derived from lysine through a combination with hydrochloric acid. It is commonly utilized as a dietary supplement and is available in crystalline powder, tablet, or capsule form. Lysine hydrochloride comes in various grades, including food-grade, feed-grade, and pharmaceutical-grade, and is manufactured in different forms such as powder, liquid, capsule, and cream. This versatile amino acid finds applications in various industries, including food and beverages, pharmaceuticals and nutraceuticals, personal care, and animal feed. Its incorporation in these diverse sectors underscores the significance of lysine in supporting essential biological functions and promoting overall health and well-being.

The lysine research report is one of a series of new reports that provides lysine market statistics, including the lysine industry's global market size, regional shares, competitors with a lysine market share, detailed lysine market segments, market trends, and opportunities, and any further data you may need to thrive in the lysine industry. This lysine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The lysine market consists of sales of lysine l-aspartate, lysine orotate, and lysine acetate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.