Yeast Probiotic Ingredient for Animal Market Size and Landscape Outlook, Revenue Growth Analysis to 2029 - Data Bridge Market Research

Data Bridge Market Research analyses that the Yeast Probiotic Ingredient for Animal Market which was valued at 1.40 billion in 2021 and is expected to reach the value of USD 2.39 billion by 2029, at a CAGR of 6.90% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

This yeast probiotic ingredient for animal market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the yeast probiotic ingredient for animal market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Market Definition

Probiotics are live microorganisms with leaves that are added to foods to provide health benefits. Probiotic yeasts are non-pathogenic strains of the Saccharomyces cerevisiae genus. Due to the yeast's natural resistance to antibacterial antibiotics, probiotic yeast has been thought to be superior to probiotic bacteria.

Recent Developments

In January 2019, Ohly (U.K.) and Lallemand (Canada) formed a strategic partnership to divest Ohly's Hutchinson Torula Yeast facility and associated Torula whole cell business in the United States. The long-term supply partnership between these companies aims to benefit Ohly by ensuring the site's long-term security.

In January 2019, ADM acquired Neovia (Chicago), a global leader in value-added products and solutions for both production and companion animals. This acquisition would expand the existing portfolio with new products such as premixes, complete feed, ingredients, pet care solutions, aquaculture, additives, feed yeast, and amino acids.

Yeast Probiotic Ingredient for Animal Market

Dynamics
Drivers

Increased microbial research and development activities by manufacturers

Directly fed microbial are becoming an increasingly important part of the animal diet. Cattle owners, poultry farmers, pet owners, and others are quickly adopting it because it has been linked to numerous health benefits as well as improved performance. As a direct-fed microorganism, live yeast supplements are widely used to improve dairy cow health, performance, and milk production. Yeast culture can also help improve fermentation and digestion in the rumen, which is the stomach of ruminants. Increased microbial research and development activities by manufacturers also contribute to the development of novel yeast supplements for direct-fed microbiological, which increases demand for feed yeast in the animal feed industry.

Growth in the global livestock consumptions

The livestock industry has been under increasing pressure in recent years to meet rising demand for meat and high-value animal protein. Global livestock consumption has increased as a result of population growth, rising incomes in developing countries, and urbanisation. Income and consumption of animal protein have been found to be directly correlated, with milk, meat, and eggs consumption increasing at the expense of staple foods. The market for feed probiotics is being driven by rising life expectancy, limited availability of land and water resources for animal feed production, and strong demand for animal-based protein sources.

Opportunity

On the other hand, growing animal health issues and rising popularity of meat and meat-related products will open up new opportunities for feed yeast probiotics market during the forecast period. Rapid technological advancements, rising investments in R&D for developing new ingredient formulations, and rising demand for cost-effective ingredients that provide better quality products and nutrition are expected to drive the global yeast probiotic ingredient for animal market.

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Global Yeast Probiotic Ingredient for Animal Market Scope

Yeast probiotic ingredient for animal market is segmented on the basis of livestock, genus and product type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Livestock

Ruminants
Poultry
Swine
Aquatic Animals
Pets
Equine
Genus

Saccharomyces Spp.
Kluyveromyces Spp.
Others
Product Type

Live
Spent
Yeast derivatives

Yeast Probiotic Ingredient for Animal Market Regional Analysis/Insights

The yeast probiotic ingredient for animal market is analysed and market size insights and trends are provided by country livestock, genus and product type as referenced above.

The countries covered in the yeast probiotic ingredient for animal market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America is expected to dominate the yeast probiotic ingredient for animal industry as a result of the province's burgeoning market for meat commodities. Increased customer awareness of the depletion of protein-rich commodities is also fuelling the increase in geographical demand.

Competitive Landscape and Yeast Probiotic Ingredient for Animal Market Share Analysis
The yeast probiotic ingredient for animal market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to yeast probiotic ingredient for animal market.

Some of the major players operating in the yeast probiotic ingredient for animal market are:

Dow (U.S.)
DuPont (U.S)
BASF SE (Germany)
Perstorp (Sweden)
Eastman Chemical Company (U.S.)
Niacet, A Kerry Company (U.S.)
Macco Organiques Inc. (Canada)
Mitsubishi Chemical Corporation (Japan)
Hawkins (U.S.)
ADDCON GmbH (Germany)
Impextraco NV (Belgium)
Kemin Industries, Inc. (U.S.)

Key Question Answered in Report.

What are the strengths and weaknesses of the Yeast Probiotic Ingredient for Animal Market?
What are the different marketing and distribution channels?
What is the current CAGR of the Yeast Probiotic Ingredient for Animal Market?
What are the Yeast Probiotic Ingredient for Animal market opportunities in front of the market?
What are the highest competitors in Yeast Probiotic Ingredient for Animal market?
What are the key outcomes of SWOT and Porter's five techniques?
What is the Yeast Probiotic Ingredient for Animal market size and growth rate in the forecast period?

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Table of Contents:

Chapter 1: Yeast Probiotic Ingredient for Animal Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Yeast Probiotic Ingredient for Animal Market Competition by Manufacturers
Chapter 4: Global Yeast Probiotic Ingredient for Animal Production, Revenue (Value) by Region
Chapter 5: Global Yeast Probiotic Ingredient for Animal Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Yeast Probiotic Ingredient for Animal Market Effect Factors Analysis
Chapter 12: Global Yeast Probiotic Ingredient for Animal Market Forecast

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