The global feed yeast market size is projected to a register a considerable CAGR of 4.2% during the forecast period, 2021-2028. The growth of the market is attributed to increased yeast demand in compound and home-based animal feed helps to digest the feed properly.
Yeast is an important protein-rich element in animal feed because it has the capacity to convert non-food lingo cellulosic material into useful protein resources. The global feed yeast market is being driven by the restriction on antibiotics in feed and rising use of yeast as a nutritional supplement in daily livestock. Feed yeast's nutritional components helps animals in metabolizing proteins, lipids, and carbohydrates. Yeast feed boosts the growth of infants and children in a variety of animal species.
Covid-19 has had an influence on enterprises. Though the pandemic has had an impact on businesses, there has been no significant impact on feed yeast's global operations & supply chain. Several player manufacturing plants are still operational.
Market Trends, Drivers, Restraints, and Opportunities
- High use of feed yeast due to their healthy nutrients, is projected to drive the market.
- Increased consumption of meat and seafood in livestock production, is estimated to boost the market.
- Due to ban on antibiotics in many regions the demand of feed yeast increased, which is expected to boost the market.
- Yeast derivatives are low-cost dietary supplements that are safe for human and animal use because they are a by-product, which is projected to drive the market.
- Rising health concerns & awareness have created a significant market opportunity for healthy and nutritious ingredients, which is estimated to fuel the market.
- Factors such as animals prone to infections on their immune system, and raising awareness regarding animal health management are projected to hinder the market growth.
Scope of Feed Yeast Market Report
The report on the global feed yeast market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Feed Yeast Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Live Yeast, Spent Yeast, and Yeast Derivatives), Forms (Dry, Instant, and Fresh), Animal Types (Ruminants, Poultry, Swine, and Others)
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Regional Scope
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North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Archer Daniels Midland Company.; Nutreco N. V. (Trouw Nutrition).; Altech, Inc.; Lallemand, Inc.; Leiber GmbH
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Feed Yeast Market Segment Insights
The live yeast segment is projected to expand at a considerable CAGR
On the basis of types, the global feed yeast market is segregated into live yeast, spent yeast, and yeast derivatives. The live yeast segment is projected to expand at a considerable CAGR during the forecast period because it is commonly use in home-based feed made from maize & soybeans, compound feed uses different types of yeast.
Yeasts are widely used in brewing, alcohol fermentation, and creation of wine & bread. Yeast derivatives are frequently employed in the food business because of their functional features, such as high nutritional content and the capacity to partially replace salt for flavor improvement.
Rising health concerns & awareness have created a significant market opportunity for healthy and nutritious ingredients, which is estimated to fuel the market. Yeast derivatives are low-cost dietary supplements that are safe for human and animal use because they are a by-product.
The dry segment is projected to grow at rapid pace
Based on form, the global feed yeast market is divided into dry, fresh, and instant. The dry segment is projected to grow at the rapid pace during forecast period due to commonly use to enhance nutritional profile of baked goods. The factor can be employed as a reducing agent, which means it might be used instead of L-cysteine hydrochloride.
Dry yeast is prepared from yeast cream that has been pasteurized & sterilized, rendering the yeast dead and devoid of leavening ability but retaining its nutritional content and other qualities. The yeast is normally kept at a steady temperature of 250 degrees Fahrenheit (121 degrees Celsius) for around 20 seconds before being dried.
The poultry segment is estimated to hold major market share
Based on animal types, the global feed yeast market is divided into ruminants, poultry, swine, and others. The poultry segment is expected to hold major market share during the forecast period because it helps to improve the gut health of the animal and give positive result on the meat yield.
The yeast to poultry feed is one of the methods for improving the animal's intestinal health & assisting in higher feed conversion ratio, which has a favorable influence on meat output. The use of a mixture of yeast & probiotics has been shown to have the greatest influence on broiler weight increase & productivity.
Asia-Pacific is anticipated to constitute a key market share
In terms of regions, the global feed yeast market is classified as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Asia-Pacific is expected to constitute a key share of the market during the projected period owning to increasing demand of meat and meat products.
Farmers have also become more conscious of the need of giving optimal nutrition to farm animals. As a result, feed additives such as yeast are being used more often to improve animal production & health. Over the last three years, China has been the region's top producer of feed yeast, with an average yearly production of 80,000 metric tons. The market for feed yeast in Asia-Pacific is predicted to rise at a rapid rate as firms and governments boost their R&D spending.
Segments
The global feed yeast market has been segmented on the basis of
Types
- Live Yeast
- Spent Yeast
- Yeast Derivatives
Forms
Animal Types
- Ruminants
- Poultry
- Swine
- Others
Regions
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Key Players
Competitive Landscape
Key players competing in the global feed yeast market include Archer Daniels Midland Company.; Nutreco N. V. (Trouw Nutrition).; Altech, Inc.; Lallemand, Inc.; Leiber GmbH. Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.
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