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Animal Feed Inactive Yeast Market Analysis, Trends, Growth, Research And Forecast 2032
Animal Feed Inactive Yeast Market
The Business Research Company's Animal Feed Inactive Yeast Global Market Report 2023 identifies increasing meat consumption as the major driver for the animal feed inactive yeast market's growth in the forecast period. Meat is a term used to describe the edible muscular tissue of animals, typically mammals or birds, consumed as food by humans. The animal feeds inactive yeast is commonly used in livestock production as a nutritional supplement for animals. It is added to animal feed formulations to provide various benefits and improve the overall health and performance of livestock, increasing meat quality.
The global animal feed inactive yeast market is expected to grow from $145.95 billion in 2022 to $154.61 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The animal feed inactive yeast market is expected to reach $186.81 billion in 2027 at a CAGR of 4.8%.
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Major competitors in the animal feed inactive yeast market are Cargill Inc., The Archer-Daniels-Midland Company, AB Enzymes GmbH, Ohly GmbH, Feed One Co. Ltd., Novozymes A/S, ABF Ingredients, Angel Yeast Co. Ltd, Alltech, Chr. Hansen Holding A/S, Lallemand Inc., Kemin Industries, Phibro Animal Health Corporation, Novus International Inc., Scientific Feed Laboratory Co. Ltd., Lesaffre, DSM Nutritional Products AG, Biomin Holding GmbH.
A key trend in the animal feed inactive yeast market includes product innovation. Major companies operating in the animal feed inactive yeast market are developing innovative products to sustain their position in the market. For instance, in March 2022, Lallemand Inc., a US-based animal nutrition company, launched YELA PROSECURE. It is a specifically designed hydrolyzed yeast that offers highly digestible and functional nutrients that support animal performance, digestive care, and feed palatability while contributing to the feed protein balance. This innovative product uses a controlled hydrolysis process by adding selected exogenous enzymes to the biomass. It ensures high nutrient digestibility and functionality while being reliable and available in volume. Additionally, it benefits animals by increasing nutrient digestibility, improving gut health, reducing the risk of disease, increasing growth rates, and improving feed conversion efficiency.
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The animal feed inactive yeast market is segmented -
• By Form: Powder, Flakes, Tablet, Capsule
• By Nature: Organic, Conventional
• By Sales Channel: Business-To-Business (B2B), Business-To-Consumer (B2C)
• By Application: Poultry, Swine, Cattle, Aquaculture, Pet food, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the animal feed inactive yeast market.
The Business Research Company's "Global Animal Feed Inactive Yeast Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Animal Feed Inactive Yeast Market Include:
1. Executive Summary
2. Animal Feed Inactive Yeast Market Characteristics
3. Animal Feed Inactive Yeast Market Trends And Strategies
4. Animal Feed Inactive Yeast Market - Macro Economic Scenario
5. Global Animal Feed Inactive Yeast Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Animal Feed Inactive Yeast Market Competitive Benchmarking
33. Global Animal Feed Inactive Yeast Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Animal Feed Inactive Yeast Market
35. Animal Feed Inactive Yeast Market Future Outlook and Potential Analysis
36. Appendix
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