PUBLISHER: Allied Market Research | PRODUCT CODE: 1365834
PUBLISHER: Allied Market Research | PRODUCT CODE: 1365834
According to a new report published by Allied Market Research, titled, "L-Lysine Monohydrochloride Market," The l-lysine monohydrochloride market was valued at $1.6 billion in 2018, and is estimated to reach $3.3 billion by 2032, growing at a CAGR of 5.7% from 2023 to 2032.
L-lysine monohydrochloride, often referred to as Lysine HCl, is a crystalline form of the essential amino acid Lysine. Amino acids are the fundamental building blocks of proteins, and Lysine is one of the essential amino acids that the human body needs for various physiological functions. The "L" in L-lysine monohydrochloride indicates specific configuration of the molecule, known as the L-isomer, which is the biologically active form of the amino acid. Lysine is important for protein synthesis, tissue repair, enzyme production, and various other metabolic processes in the body. The term "monohydrochloride" in L-lysine monohydrochloride signifies that the amino acid is combined with one molecule of hydrochloric acid (HCl). This combination is used to stabilize lysine compound and make it suitable for use in supplements and other applications.
Rise in health and wellness trends is expected to drive the L-lysine monohydrochloride market growth in coming years. In the human nutrition sector, L-lysine monohydrochloride is often used as a dietary supplement. It is believed to have potential health benefits, including supporting immune function, collagen production, and promoting overall well-being. The growing interest in health and wellness products are projected to drive the demand for L-lysine monohydrochloride supplements. The potential role of L-lysine monohydrochloride in supporting immune function and skin health has led to its use in pharmaceutical and nutraceutical products. These products target specific health concerns and can drive demand for L-lysine monohydrochloride in various forms such as tablets, capsules, and powders.
The L-lysine monohydrochloride market is segmented on the basis of end-use industry and region. By end-use industry, the market is classified into animal nutrition, pharmaceutical, food & beverage, personal care & cosmetics, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report covers strategies adopted by key players in the market to sustain the competitive environment and increase their market share. The key players operating in the L-lysine monohydrochloride market include Foodchem International Corporation; Toronto Research Chemicals Inc.; Loba Chemie Pvt ltd; Tokyo Chemical Industry Co., Ltd. (TCI); Sisco Research Laboratories Pvt. Ltd.; RX Chemicals; Alpspure Lifesciences Private Limited; Central Drug House; JIGCHEM Universal; and Haihang Group. In addition, the market drivers, restraints, and opportunities are explained in the report.
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