Press release
Global Feed Yeast Sales Market Research Report 2018
Yeasts have been used in feed for many years. Both the Bovine Spongiform Encephalopathy crisis (mad cow disease), and the increasing concern of customers about their diet have leaded to an increased use of "clean" protein sources, such as Yeast, in animal feed.
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Feed Yeast industry is not much fragmented, manufacturers are mostly in the North America and Europe. Among them, North America output value accounted for less than 43% of the total output value of global Feed Yeast. Lesaffre is the world leading manufacturer in global Feed Yeast market with the market share of 8.62% in 2015.
Compared to 2014, Feed Yeast market managed to increase sales by 6.82 percent to 1171.59 M USD worldwide in 2015. Overall, the Feed Yeast performance is positive, despite the weak economic environment.
In the past few years, as the main raw material price was relatively stable, with the increasing in production capacity, expected that the Feed Yeast raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of Feed Yeast.
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There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The average price of Feed Yeast will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
The global Feed Yeast market is valued at 1340 million US$ in 2017 and will reach 1980 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2018-2025.
The major players covered in this report
Lesaffre
Cargill
Lallemand
Alltech
Nutreco
Angel Yeast
Archer Daniels Midland (ADM)
ABF Ingredients
Diamond V Mills
Chr. Hansen
Pacific Ethanol
Biomin
Leiber GmbH
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