The global demand for Feed Yeast Market is presumed to reach the market size of nearly USD 4.3 MN by 2028 from USD 2.8 MN in 2021 with a CAGR of 6.3% under the study period 2022 - 2028.
Yeast is an essential protein-rich element in animal feed because it has the potential to convert non-food ous cellulosic material into valuable protein resources. It is utilised as a supplement in animal diets because it contains more protein, amino acids, energy, and micronutrients than other supplementary products. Feed yeast also improves feed intake and rumen bacterial population while decreasing protozoa and methanogen populations in cattle. Feed yeast is essential for providing nourishment to animals such as pets such as dogs, cats, horses, aquatic animals, poultry, pigs, and ruminants. Feed yeast protects dogs and cats from fleas and promotes healthy skin, coats, and eyes. Herbivores require appropriate nutrition from feed yeast because they cannot absorb proteins in their unprocessed form. The pH of feed yeast is neutral; thus, it has no adverse effects on animals.
The rise in animal nutrition knowledge is fueling the expansion of the feed yeast market. Feed yeast prevents the introduction of pathogens that cause diseases, such as bacteria, viruses, fungus, and protozoa. It increases the life span of animals and improves their reproductive system. Furthermore, it stimulates animal activity and is non-toxic compared to other vitamins and antibiotics. Continuous research and development, increased disposable income, investment in cutting-edge technologies, innovations in the fermentation process, quality standardisation, and product appropriateness are expected to generate many prospects for global feed yeast market expansion. The high consumption of meat is a significant factor contributing to the development of the feed yeast business. Consumer demand for clean protein sources in meat products, such as yeast, has increased meat consumption, which has boosted the feed yeast market. The high cost of feed yeast, on the other hand, is a market restricting factor.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of feed yeast. The growth and trends of feed yeast industry provide a holistic approach to this study.
This section of the feed yeast market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Yeast Derivatives
- Aquatic Animals
- Other Livestock Animals
This section covers the regional outlook, which accentuates current and future demand for the Feed Yeast market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Feed Yeast Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the feed yeast market include Alltech Inc., Cargill, Incorporated., Lallemand Animal Nutrition, Inc., Archer Daniels Midland Company, ABF Ingredients, Lesaffre, Leiber GmbH, Angel Yeast Co., Ltd, DSM, Biomin Gmbh, Novus International Inc., FADA Yeast. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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