Lysine Market Is Expected To Reach USD 6.96 Billion by 2020: Radiant Insights
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Positive outlook on animal feed demand to cater to growing meat consumption, especially in emerging markets of Latin America and Asia Pacific is expected to be a key market driver. Limited availability of major feedstock is expected to hamper the market growth over the forecast period. Animal feed emerged as the largest application segment for lysine and accounted for 92.4% of total market volume in 2013. Along with being the largest market, animal feed is also expected to be the fastest growing application segment for lysine at an estimated CAGR of 6.2% from 2014 to 2020.
For more details of “Lysine Market Analysis Report” Click @ http://www.radiantinsights.com/research/lysine-market-analysis-by-application-animal-feed-food-amp-dietary-supplements-pharmaceuticals-by-livestock-swine-poultry-and-segment-forecasts-to-2020
Further key findings from the study suggest:
The global lysine was 1,902.3 kilo tons in 2013 and is expected to reach 2,854.9 kilo tons by 2020, growing at a CAGR of 6.0% from 2014 to 2020.
Swine emerged as the leading livestock for lysine and accounted for about 58% of total market volume in 2013. Swine is also expected to be the fastest growing livestock for lysine, at an estimated CAGR of 6.5% from 2014 to 2020.
China was the largest consumer for lysine and accounted for 31.2% total volume consumed in 2013.
In terms of consumption, China was followed by Europe and North America.
China along with being the largest market is also expected to be one of the fastest growing markets for lysine at an estimated CAGR of 7% from 2014 to 2020.
The lysine market is highly concentrated with top 4 manufacturers namely Global Bio-Chem Tech, Ajinomoto Ltd., Cheil Jedang Corp. and Archer Daniel Midland (ADM) capturing over 60% of the market in terms of production capacity.
Read more reports of Food by Radiant Insights @ http://www.radiantinsights.com/catalog/food
For the purpose of this study, Grand View Research has segmented the lysine market on the basis of type, application and region:
Global Lysine Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
Animal Feed
Food & Dietary Supplements
Pharmaceuticals
Global Lysine Livestock Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
Swine/hog
Poultry
Others (aquaculture, cattle)
Lysine Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
North America
Europe
China
Rest of Asia Pacific
Latin America
Middle East & Africa
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Blog: http://www.radiantinsightsinc.blogspot.com/
For more details of “Lysine Market Analysis Report” Click @ http://www.radiantinsights.com/research/lysine-market-analysis-by-application-animal-feed-food-amp-dietary-supplements-pharmaceuticals-by-livestock-swine-poultry-and-segment-forecasts-to-2020
Further key findings from the study suggest:
The global lysine was 1,902.3 kilo tons in 2013 and is expected to reach 2,854.9 kilo tons by 2020, growing at a CAGR of 6.0% from 2014 to 2020.
Swine emerged as the leading livestock for lysine and accounted for about 58% of total market volume in 2013. Swine is also expected to be the fastest growing livestock for lysine, at an estimated CAGR of 6.5% from 2014 to 2020.
China was the largest consumer for lysine and accounted for 31.2% total volume consumed in 2013.
In terms of consumption, China was followed by Europe and North America.
China along with being the largest market is also expected to be one of the fastest growing markets for lysine at an estimated CAGR of 7% from 2014 to 2020.
The lysine market is highly concentrated with top 4 manufacturers namely Global Bio-Chem Tech, Ajinomoto Ltd., Cheil Jedang Corp. and Archer Daniel Midland (ADM) capturing over 60% of the market in terms of production capacity.
Read more reports of Food by Radiant Insights @ http://www.radiantinsights.com/catalog/food
For the purpose of this study, Grand View Research has segmented the lysine market on the basis of type, application and region:
Global Lysine Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
Animal Feed
Food & Dietary Supplements
Pharmaceuticals
Global Lysine Livestock Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2020)
Swine/hog
Poultry
Others (aquaculture, cattle)
Lysine Regional Outlook (Volume, Kilo tons; Revenue, USD Million, 2012 - 2020)
North America
Europe
China
Rest of Asia Pacific
Latin America
Middle East & Africa
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
Blog: http://www.radiantinsightsinc.blogspot.com/