According to a new market report published by Transparency Market Research, the global demand for lysine was 1,697 kilo tons in 2011 and is expected to reach 2,518 kilo tons by 2018. In terms of revenue, the market was valued at $3.5 billion in 2011 and is expected to reach $5.9 billion by 2018.
The growing demand of meat, especially in developing countries is expected to drive the market for lysine in the near future. In addition, significant advantages offered by lysine over alternatives such as soybean are also expected to result in a positive shift toward consumption over the next five years. Ban on blood meal and bonemeal in some regions around the world is also boosting the demand for lysine.
