Procurement Resource Evaluates the Price Trends of L-Lysine in its Latest Insights and Dashboard
Price Trends of L-Lysine in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the L-Lysine price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of the L-Lysine can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
One of the nine necessary amino acids for humans, lysine is well recognized as being important for both growth and tissue repair. Several foods, particularly red meats, fish, and dairy products, supply it. Lysine, which may be found in a variety of dietary supplements, appears to be effective against herpes simplex viruses. By eliminating arginine, lysine prevents HSV from proliferating.
Regions Covered to Evaluate L-Lysine Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting L-Lysine Price Trend:
Animal feed, which accounted for 92.5 percent of the total volume, emerged as the most popular use for lysine. With an anticipated CAGR of 6.2 percent over the projected period, the category is also anticipated to be the fastest-growing application segment. This can be explained by the effective and affordable replacement that lysine offers for more expensive crude proteins like soybean and maize. Over the next years, food and dietary supplements are anticipated to grow significantly in market share. Growing health consciousness and an ageing population are anticipated to increase consumer demand for food and dietary supplements, which would ultimately boost the growth of the lysine market.
Key Market Players:
- Acros Organics
- Charkit Chemical Company LLC
- Jigchem Universal
- Kumar Industries
News and Events:
According to the European Union’s statistics office, the Russian invasion of Ukraine has considerably disrupted global agricultural markets by drastically increasing the cost of essential goods and inputs like animal feed and fertilizer. In the first quarter of 2022 compared to the last quarter of 2021, according to data from Eurostat, the average price of goods and services currently used in agriculture increased by 9.5 percent. This increase included price increases of 21.2 percent for fertilizers and soil improvers, 17.4 percent for energy and lubricants, and 9.2 percent for animal feed. According to Eurostat, the average price of agricultural production rose by 6% over the same quarter.
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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