Press release
Swine Feed Probiotic Yeast Market Trends, Top Companies, Share, Growth And Forecast 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Swine Feed Probiotic Yeast Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The swine feed probiotic yeast market size has grown strongly in recent years. It will grow from $1.4 billion in 2023 to $1.48 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to scientific validation of benefits, industry adoption and success storie, shift away from antibiotic growth promoters, research on gut health in swine, awareness of feed efficiency..
The swine feed probiotic yeast market size is expected to see strong growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to research and development investments, market expansion in emerging economies, demand for natural feed additives, expansion in swine production, focus on animal welfare and health.. Major trends in the forecast period include growth in livestock production, rising focus on gut health, demand for natural alternatives, technological advancements in probiotics, regulatory support for feed additives..
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Market Segmentation:
The swine feed probiotic yeast market covered in this report is segmented -
1) By Product Type: Live, Spent, Yeast Derivatives
2) By Genus: Saccharomyces Spp., Kluyveromyces Spp., Other Genuses
3) By Form: Dry, Instant, Fresh
Major Driver - Rising Livestock Consumption Drives Growth In The Swine Feed Probiotic Yeast Market
Growth in livestock consumption is expected to propel the growth of the swine feed probiotic yeast market going forward. Livestock refers to farm animals with the exception of poultry such as cattle, sheep, pigs, goats, horses, donkeys, mules and other animals. Swine feed probiotic yeast is used to improve pig gut intestinal health by lowering pathogen loads and boosting their immune systems which lower the need to use antibiotics in swine feed which mitigates antimicrobial resistance and makes consumption of pork meat safer for the public. For instance, according to the organization for economic co-operation and development (OECD) a France-based intergovernmental organization with the goal of stimulating economic progress and world trade, the consumption of pork meat increased from 106.279 million tons in 2020 to 108.775 million tons in 2021 and consumption of beef meat increased from 70.882 million tons in 2020 to 71.451 million tons in 2021. Therefore, the growth in livestock consumption is driving the swine feed probiotic yeast market.
Competitive Landscape:
Major companies operating in the swine feed probiotic yeast market report are Chr. Hansen A/S, Koninklijke DSM N V, Archer Daniels Midland, Alltech, Kemin Industries Inc., Biorigin, Cargill Incorporated, Nutreco N V, Phileo by Lesaffre, Lallemand Inc., Novus International Inc., Angel Yeast Co. Ltd., Novozymes A/S, Ohly, Calpis Co. Ltd., Land O'Lakes Inc., Evonik Industries AG, Associated British Foods plc, BASF SE, Kent Foods Limited, Lesaffre, DuPont, AB Vista, Biomin Holding GmbH, Provimi Holding BV, Diamond V Mills Inc., Pancosma SA, BioResource International Inc., Orffa Animal Nutrition Pvt. Ltd., Neogen Animal Nutrition .
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Top Trend - Product Innovations Transforming The Swine Feed Probiotic Yeast Market
Product innovation is the key trend gaining popularity in the swine feed probiotic yeast market. Major companies operating in the swine feed probiotic yeast market are focusing on improving feed use efficiency on the probiotic yeast they are offering for swine feed. For instance, in January 2023, Phileo by Lesaffre, a France-based provider of animal welfare and performance solutions based on live yeasts, bacteria and yeast products launched Actisaf Sc 47 HR+ probiotic yeast for swine feed and poultry feed. The unique Actisaf Sc 47 HR+ microspherule shape was developed to provide inherent resistance to combined temperature, friction and moisture in pelleting feed without the requirement for foreign material coating.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Swine Feed Probiotic Yeast Market Characteristics
3. Swine Feed Probiotic Yeast Market Trends And Strategies
4. Swine Feed Probiotic Yeast Market - Macro Economic Scenario
5. Swine Feed Probiotic Yeast Market Size And Growth
…..
27. Swine Feed Probiotic Yeast Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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