The forecast for lysine import to India shows a steady increase from 2024 through 2028, growing from 79.277 million USD in 2024 to 88.89 million USD in 2028. The year-on-year growth rates are relatively modest, with 3.12% from 2024 to 2025, 2.97% from 2025 to 2026, 2.83% from 2026 to 2027, and 2.7% from 2027 to 2028. The average annual growth rate over this period is approximately 2.9%. As of 2023, the value of lysine imports stood just below 79 million USD.
Future trends to watch for include:
- Global variations in soybean and corn prices, as lysine is often produced from these resources.
- Regulatory changes impacting food and feed additive imports.
- Greater emphasis on sustainability may lead to shifts in demand patterns.