Global Lauroyl Lysine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Lauroyl Lysine Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Lauryl lysine is an amino acid derivative, which is derived from natural product lysine, a protein and lauric acid, another natural coconut fatty acid. The lauroyl lysine makes the skin feel moist. Manufacturers use lauroyl lysine as hair and skin-conditioning agent. As a conditioning agent, lauroyl lysine helps to soften skin and hair. In addition, lauroyl lysine contributes to hair- and skin-care products’ textures by helping to gel solvents. Other cosmetic uses of the derivative include eye shadow and foundation products.

Market Overview:

The latest research study on the global Lauroyl Lysine market finds that the global Lauroyl Lysine market reached a value of USD 5.21 million in 2022. It’s expected that the market will achieve USD 3.3 million by 2028, exhibiting a CAGR of -7.33% during the forecast period.

Influence of COVID-19 Outbreak on Lauroyl Lysine Industry Development

With the gradual control of the epidemic, some factories began to resume operation. However, while operating production, enterprises need to protect the life and health of employees, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after the production, and testing the body temperature of employees every day to ensure the health of employees. These measures will increase the production cost of enterprises and affect the development of enterprises.

COVID-19 has a great impact on the operation of the industry, especially on small and medium-sized enterprises. Stopping production not only aggravates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production and sales. Some enterprises have difficulties in operation and even go bankrupt. In addition, North America is now one of the hardest hit areas. It is expected that the global Lauroyl Lysine market will decline this year.

Region Overview:

From 2023-2028, United States is estimated to witness robust growth prospects.

Company Overview:

Ajinomoto Lauroyl Lysine is one of the major players operating in the Lauroyl Lysine market, holding a share of 52.31% in 2020.

The Ajinomoto Group is a global company with specialties in the business of food and amino acids, guided by its leading-edge bioscience and fine chemical technologies. The Ajinomoto Group has offices in 35 countries and regions, and sells products in more than 130 countries and regions.

DAITO KASEI was established in 1950 in Osaka as a color manufacturer. DAITO KASEI have since expanded activities globally and become specialists in powder products and experts in cosmetics ingredients.

Segmentation Overview:

Among different product types,99% (Purity) segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Decorative Cosmetics segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Lauroyl Lysine market covered in Chapter 3:

CORUM
Daito Kasei Kogyo
Protameen Chemicals
Ajinomoto

In Chapter 4 and Chapter 14.2, on the basis of types, the Lauroyl Lysine market from 2018 to 2029 is primarily split into:

98% (Purity)
99% (Purity)
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Lauroyl Lysine market from 2018 to 2029 covers:

Decorative Cosmetics
Skin Care
Hair Shampoo and Conditioner

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)