Lysine Market Size, Share, Growth, Trends, and Global Industry Analysis: By Source (Plant Based, Animal Based & Others), By Grade (Food Grade, Feed Grade, Pharma Grade), By Application (Animal Feed, Food & Dietary Supplements, Pharmaceuticals & Others), and Region Forecast 2019-2030

The global lysine market size was value US$ 2,306.8 million in 2023 and is projected to reach value of US$ 3,267.6 million by 2030, at a CAGR of 5.1% from 2024-2030.

Lysine is an essential amino acid that the human body cannot produce, so it must be obtained through diet. It plays a crucial role in protein synthesis, tissue repair, and the production of enzymes, hormones, and antibodies. Lysine is found in various foods, including meat, fish, dairy products, eggs, and legumes. The key growth drivers of the market are increasing demand for animal protein, increasing demand for protein-rich diets. However, the key restraints of the market are high raw material prices and an increasing number of restrictions and regulatory bans that could impact growth. The emerging opportunities of lysine market are expanding their production capacities and launch new products, the need for high-quality feed to enhance livestock production. The key trends of the market are technological advancements, increasing demand for pharmaceuticals, personal care products.  

Key Players

The leading companies highlighted in the lysine market report include such as Cargill, Incorporated, Dow,  BASF SE, Chr. Hansen Holding A/S, DSM,  DuPont, Evonik Industries AG, NOVUS INTERNATIONAL, Alltech, Associated British Foods plc, Charoen Pokphand Foods PCL, Nutreco, ForFarmers, De Heus Animal Nutrition, Land O'Lakes, Kent Nutrition Group. Also, a comprehensive analysis of industry verticals and market participants that provides a clear overview of the competitive landscape in relation to the sectors served by the company’s products and services, market share, service offerings, financial reports, significant developments, market strategy, competitive position, and geographic reach.

Key Takeaways

• Asia Pacific market is the dominant market in 2023.
• The North America market is expected to expand at highest CAGR from 2024 to 2030.
• Based on source, the plant-based segment dominated the market in 2023.
• Based on grade, the feed grade segment has expected to dominate the lysine market in coming forecast years.
• Based on application, the animal feed has captured the largest market share.

Facts & Figures

• In May 2020, Evonik Industries AG, a publicly-listed German specialty chemicals company, launched a new generation of Biolys, a source of lysine for livestock feeds.
• In July 2020, ADM, one of the leading global animal nutrition companies, launched Nutripass L, an encapsulated lysine supplement to improve milk yield (Rumen-friendly and intestinally available to cows).

Key Developments

In April 2024, dsm-Firmenich announced EU authorization of Hy-D for ruminants and renewal in poultry and pigs.

Lysine Market Segmentation

By Source: Among all the source types, the market was dominated by plant-based lysine. Plant-based lysine is preferred since it is more affordable and sustainable. Industrial fermentation methods can be used to create plant-based lysine on a large scale, making it an affordable lysine source. Furthermore, because plant-based lysine may be produced from crops that are not meant for human use, it is a sustainable supply of lysine.

By Grade: Among the these three, the feed grade is dominant in the market. This prominence is driven by the extensive use of lysine in animal nutrition, particularly for livestock such as poultry, swine, and cattle. Lysine is essential for promoting growth, improving feed efficiency, and enhancing the overall health of animals. As the global demand for meat and dairy products continues to rise, the need for high-quality feed additives like lysine becomes increasingly critical. This demand is especially pronounced in regions with large livestock industries, such as Asia-Pacific and North America, where lysine is used to ensure optimal growth rates and meat quality.

By Application: In 2023, the market was dominated by the animal feed category. This is due to the fact that lysine is a very efficient and affordable substitute for more expensive source proteins such as maize and soybeans. Over the coming years, food and nutritional supplements are likely to take a significant portion of the market. The lysine industry will profit from the anticipated rise in food and nutritional supplement demand brought on by an ageing population and growing health consciousness. The increasing demand for sports nutrition supplements by athletes is expected to be the primary driver of this application area. The market for food and nutritional goods is expected to develop as a result of rising living standards and population growth in emerging countries.