Lysine
is α-amino acid and Also known as L-Lysine. It is one of the 20 essential amino
acids for the both animals and humans. However, animal or human bodies are not
competent of synthesizing lysine naturally and hence it must be received from
the diet. It is vital for proper development and growth of monogastric
organisms. Lysine plays a key role in building muscle protein; calcium
absorption; recovering from surgery or sports injuries; and the body's
production of enzymes, antibodies, and hormones.
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As a
part of several metabolic activities, lysine acts as an important factor in
animal nourishment. Sugar substrate’s microbial fermenting is the industrial
method of producing lysine. Though, raw material supply deficiency has been
pressuring manufacturers to conceive the possibility of other raw materials
like methanol and cassava for lysine production. Soybean is considered as a
natural substitute of lysine; however, lysine is established to be more
beneficial than soybean.
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The
global lysine market is projected to witness substantial growth over the
forecast period of 2017 to 2022 with decent compound annual growth rate. Growth
in meat consumption worldwide especially in developing countries with expanding
populations and augmented wealth will fuel the growth of lysine in animal feed
market. To fulfill these augmented demands, the animal feed will be necessary
for the fast growth of animals. This is easily endorsed by lysine as it assists
animal to gain weight faster by absorbing nutrients from restricted feed and
yet be rendered as quality meat. Bloodmeal and bonemeal prohibited in several
regions together with rising feed prices have aided in the expansion of global
lysine market. This has also ensued as an amplified use of lysine as an
alternative in animal feed which ultimately results as the increased demand of
lysine. Due to rising lysine demand, it is not possible to create availability
of adequate raw material to manufacture lysine to satisfy the demand, converting
it into a sellers’ market. Closely constrained raw material supply directing to
growing prices is anticipated to strike demand, and government involvement may
be received, disturbing the success of market players. These circumstances can
also direct to consideration of additional existing alternatives of nourish
amino acids feeds like methionine, tryptophan, threonine, and others. Lysine
producers have been concentrating on escalating their research and development
spendings to minimize costs and maximize capacity to deal with such challenges.
Additionally, the drop-off in meat demand owing to outbreaks such as avian flu,
swine flu, etc. can restrain the demand of lysine market. These factors given
above might hinder the growth of the global lysine market over the forecast
years.
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The
key market players in the global lysine market are Heilongjiang Chengfu Group
Co., Ltd. (China), CJ Corporation (South Korea), Global Bio-chem Technology
Group Co., Ltd. (China), Shandong Shouguang Juneng Golden Corn Co., Ltd.
(China), Ajinomoto Co., Inc. (Japan), Meihua Holdings Group Co. Ltd. (China),
East Hope Group (China), Archer-Daniels Midland Co. (The United States), COFCO
Corporation (China) and Evonik Industries (Germany). According to product
types, the market industry is split into Type 98, Type 70 and Other (Type 65
etc.). By application, the global market is classified as; Animal Feed, Food
Industry, and Healthcare. Geographically, the global lysine market is segmented
into regions which are; Asia-Pacific, Southeast Asia, North America, Europe and
rest of the world.
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