January, 2023/MRFR Press Release- Market Research Future published a report on the Global Feed Yeast Market, which is estimated to grow at a CAGR of 5.92% during the forecast period, 2022-2030.
Market Overview
Live yeasts are added to the feed n order to improve the feed performance. It stimulates the secretion of digestive enzymes and immune responses of the livestock. Additionally, the global feed yeast market is observing an exponential growth based on its high usage in the feed industry. The major types of feed yeast available in the feed yeast market include: dry yeast and spent yeast.
Market Forecast
With the growing consumer awareness regarding livestock health and their increasing interest in healthy eating habits, the demand for feed yeast has increased to a greater extent. In addition to rising meat consumption, quality feed, industrialization of livestock, and the prevention of diseases in livestock are expected to drive the global feed yeast market.
Limitation on the use of antibiotics for poultry production by the regulatory authorities has uplifted the growth of the feed yeast market. However, the high cost of processing and raw materials may hamper the feed yeast market over the review period. The market players are responding to these new opportunities by expanding their service offerings/product lines, which has boosted the share of the feed yeast in the global market. The global feed yeast market is expected to grow at a CAGR of 5.92% during the forecast period 2022-2030.
Downstream analysis
The global feed yeast market is segmented into type, livestock, and form.
On the basis of the type, it is segmented into live yeast, spent yeast, and others. Among all, the live yeast segment is dominating the market.
On the basis of the form, it is segmented into dry, liquid, and others. The dry segment is dominating the market. Higher stability and ease of handling are the key factors fuelling demand for dry form.
On the basis of the livestock, the feed yeast market is segmented into poultry, swine, ruminants, aquatic, and others. Among all, the poultry segment is dominating the market.
The major players in the feed yeast market
- Nutreco N.V. (the Netherlands)
- Associated British Foods plc (U.K)
- Archer-Daniels-Midland Company (U.S.)
- Angelyeast, Ltd. (China)
- Alltech, Inc. (U.S.)
- Cargill Inc. (Germany)
- Leiber GmbH (Germany)
- Lesaffre Yeast Corporation (U.S.)
- Diamond V Mills, Inc. (U.S.)
- Lallemand Inc. (Canada)
Regional Analysis
The global feed yeast market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). The European region is dominating the feed yeast market followed by the Asia Pacific owing to rising population followed by increasing consumption of meat products in the developed regions. Most of the key players are located in Europe and they are following strategies of merger and acquisition with small players to expand their business in other regions due to increasing demand for feed yeast from the animal feed industry.
Moreover, rising demand for superior feed products for improved livestock performance and health in the Asia Pacific region is likely to boost the feed yeast market over the forecast period.
Market Segmentation
Feed yeast market is segmented on the basis of type, livestock, form, and region.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Base Year | 2023 |
Companies Covered | 15 |
Pages | 90 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.