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

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

L-lysine hydrochloride is an amino acid found in the protein of foods such as beans, cheese, yogurt, meat, milk, brewer's yeast, wheat germ, and other animal proteins. L-lysine hydrochloride is classified as an essential amino acid for humans and must be supplied in the diet. The average 70 kg human requires 800 to 3,000 mg of lysine daily.

Market Overview:

The latest research study on the global L-Lysine Hydrochloride market finds that the global L-Lysine Hydrochloride market reached a value of USD 1318.42 million in 2022. It’s expected that the market will achieve USD 1320.32 million by 2028, exhibiting a CAGR of 0.02% during the forecast period.

Global L-lysine Hydrochloride Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and also about each type from 2015 to 2026. This section mentions the volume of production by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Region Overview:

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

Company Overview:

The top three companies are Ajinomoto, Meihua Group and ADM with the revenue market share of 16.19%, 14.42% and 14.01%in 2019.

Ajinomoto Co., Inc. produces and sells a variety of food products, including seasonings, edible oils, processed foods, beverages, and dairy products. The Company also develops and manufactures pharmaceuticals, amino acids, and specialty chemicals.

Meihua Holding Group Co., Ltd. manufactures food additives. The Company produces amino acids, glutamine, inositol, phytin, seasonings, and other products. Meihua Holding Group also operates import and export businesses.

Segmentation Overview:

Among different product types, Feed Grade segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Feed Industry segment occupied the biggest share from 2018 to 2022.

Key Companies in the global L-Lysine Hydrochloride market covered in Chapter 3:

Juneng Golden Corn
CJ
Biotechnology Co., Ltd,
Ajinomoto
Evonik
Zhucheng Dongxiao
ADM
Meihua Group
Dacheng Group

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

Feed Grade
Food Grade
Pharmaceutical Grade

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

Feed Industry
Food Industry
Pharmaceutical Industry

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)