Press release
North America Feed Yeast Market 2022 Leading Competitors, Regional Trends and Growth Trends 2027
The North America Feed Yeast market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The North America Feed Yeast Market share and Market size prominent players for 2020 to 2027 are profiled in this report.The North America Feed Yeast Market is expected to register a CAGR of 3.3% over the forecast period 2022 - 2027.
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Competitive Landscape:
Nutreco N.V.,Archer Daniels Midland Company,Lallemand, Inc.,Alltech, Inc.,Leiber GmbH,Wester Yeast Company,Associated British Foods plc,Lesaffre Group and Others
Key Market Trends:
Increased Compound Feed Production
According to the Alltech feed survey in the year 2019, the United States accounted for being the highest producer of compound feed accounting for 214 million metric tons while Mexico accounted for 36.2 million metric tons and Canada for 21.6 million metric tons. The addition of yeast to feed is one of the ways to improve the gut health of the animal and aid in increased feed conversion ratio, resulting in a positive impact on the meat yield. While live yeast is mostly used in home-based feed, produced from corn and soybean, other forms of yeast are popular in compound feed. There has also been increased awareness among farmers about providing optimum nutrition to farm animals. This has led to an increased usage of feed additives such as yeast for improving the productivity and health of animals. It is also seen that the majority of the feed consumption is by the poultry segment in the region.
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North America has spurred the growth of animal protein food. The demand for high-quality meat and milk has led to increased consumption of compound feed in the region. Apart from feed amino acids, enzymes, prebiotics, and others, feed yeast is also on-demand, due to its functional properties such as balancing pH and enhancing fiber digestion. Due to the rise in the high demand for animal meat, American farmers are adopting various techniques in the production of livestock such as shifting towards shorter-cycle species (pig and poultry), accelerating production cycles, and increasing livestock numbers. Apart from poultry and cattle, aquaculture is also growing as a rich source of proteins.
Regional Analysis for North America Feed Yeast Market :
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
Highlights about North America Feed Yeast Market report coverage:
- A complete background analysis, which includes an assessment of the Global North America Feed Yeast Market .
- Important changes in North America Feed Yeast Market dynamics
- North America Feed Yeast Market segmentation up to the second & third level regional bifurcation
- Historical, current, and projected size of the North America Feed Yeast Market with respect to both value (Revenue) and volume (Production & Consumption)
- Reporting and evaluation of recent North America Feed Yeast Market industry developments
- North America Feed Yeast Market shares and strategies of key players
- Emerging niche North America Feed Yeast Market segments and regional markets
- An objective assessment of the trajectory of the North America Feed Yeast Market
- Recommendations to companies for strengthening their foothold in the North America Feed Yeast Market
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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