Polylysine Market 2022 Product Definition, Regional Outlook, Forecast And CAGR 2030

Polylysine Market Growth & Trends

The global polylysine market is expected to reach USD 1.4 billion by 2030, registering CAGR of 7.6% during the forecast period, as per the new report by Grand View Research, Inc. The growth is majorly driven by the rising demand from several end-use applications such as cosmetics, food & beverage, pharmaceutical, and dietary supplements among others. The rising living standards and increasing consumer willingness to spend more on personal well-being are the factors expected to positively impact the market growth during the coming years.

Food & beverage emerged as a dominant application on account of the growing utilization of the product in numerous food items including cooked vegetables, boiled rice, noodles, soups, and sushi among others. This is attributable to the presence of antimicrobial and antioxidant properties in polylysine. It helps in reducing the chloride content, has excellent heat and water solubility, and does not have any unpleasant odor to it.

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Asia Pacific region dominated the market on account of strong presence of the manufacturers in key countries including China, and Japan. Easy availability of raw materials and advanced technology has influenced the increased production across the region. Furthermore, the rising demand for the organic products from end-use industries such as cosmetics, food & beverages, and pharmaceuticals has triggered the market demand across the globe.

The polylysine market is consolidated with few manufacturers accounting for a majority of the market share. Few of the companies have a highly integrated supply chain that enables them to reach a broader customer base. They help in establishing a well-connected network the distributors with extensive regional presence and goodwill to easily cater to niche markets.

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Polylysine Market Segmentation

Grand View Research has segmented the global polylysine market report based on the application and region:

Polylysine Application Outlook (Revenue, USD Million; Volume, Tons; 2018 – 2030)

·         Food & Beverages

·         Pharmaceutical

·         Personal Care & Cosmetics

·         Dietary Supplements

·         Others

Polylysine Regional Outlook (Revenue, USD Million; Volume, Tons; 2018 – 2030)

·         North America

o    U.S.

o    Canada

o    Mexico

·         Europe

o    Germany

o    UK

o    France

o    Italy

o    Spain

·         Asia Pacific

o    China

o    India

o    Japan

o    South Korea

·         Central & South America

o    Brazil

o    Argentina

·         Middle East & Africa

o    Saudi Arabia

o    South Africa

List of the Key players in the global Polylysine Market include

·         Chisso Co.

·         Okuna Chemical Industries Co.

·         SunBio Co.

·         JNC Corporation

·         Nanjing Shineking Biotech

·         Chengdu Jinkai Biology

·         Zhengzhou Bainafo Bioengineering

·         Yiming Biological

·         Siveele

·         Lion King Biotechnology

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