6 Dec 2018 – The global 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 usa 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.
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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.聽 Major players operating in the market are Global bio chem tech, Cheil Jedang Cheap Men's Nike Air Vapormax Plus Black , Ajinamoto, Archer Daniel Midland. Other major players present in the market are COFCO biochemical, Evonik industries Cheap Women's Nike Air Max 270 Triple White , 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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