Lysine Market Size, Share, and Global Industry Demand Analysis (2024-2030)
Global Lysine Market Outlook Market Research Future estimates the global lysine market to be valued at USD 1.78 billion in 2022 and is projected to reach USD 3.06 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 7.20% during the forecast period (2022-2030) [1]. This growth can be attributed to several key factors: Rising Demand for Animal Protein: The growing global population and increasing disposable income in developing economies are driving the demand for animal protein sources like meat, poultry, and fish. Lysine is a crucial component of animal feed, as it enhances growth performance and feed efficiency in livestock. Focus on Improved Animal Nutrition: Modern animal husbandry practices emphasize balanced and efficient nutrition for animals. Lysine supplementation ensures animals receive adequate amounts of this essential amino acid, leading to improved health, better meat quality, and higher productivity. Growing Awareness of Lysine Benefits i...