Feed Yeast Market Trends Steering Towards a US$ 1,245.2 Million at 6.3% CAGR by 2034

The global feed yeast market is witnessing significant growth due to the increasing demand for animal feed additives. Feed yeast is a rich source of protein, vitamins, and minerals, making it an ideal ingredient for animal feed. It is derived from the fermentation of various sources such as molasses, corn, and sugarcane, and is widely used in the feed industry to enhance the nutritional value of animal feed.

In 2024, the feed yeast market is projected to be worth US$ 678.2 million. Through 2034, projections show a consistent growth rate of 6.3% CAGR. In 2034, the market is projected to be valued at US$ 1,245.2 million.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐃𝐅: https://www.factmr.com/connectus/sample?flag=S&rep_id=9294

𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬

One of the key drivers of the feed yeast market is the growing demand for high-quality animal protein. With the increasing population and rising disposable income, the demand for meat and dairy products is on the rise. This has led to an increased focus on animal nutrition and the need for feed additives that can improve the overall health and productivity of livestock.

Feed yeast is known to improve digestion, enhance nutrient absorption, and boost the immune system of animals, thereby improving their growth and productivity.

Another factor contributing to the growth of the feed yeast market is the ban on the use of antibiotics as growth promoters in animal feed. Antibiotics were previously used to promote growth and prevent diseases in livestock.

However, due to the emergence of antibiotic-resistant bacteria and concerns about their impact on human health, many countries have imposed restrictions on the use of antibiotics in animal feed. This has led to an increased demand for alternative feed additives such as feed yeast, which can provide similar benefits without the risk of antibiotic resistance.

𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 @ https://www.factmr.com/report/feed-yeast-market

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

- Alltech Inc.
- Cargill Incorporated
- Lallemand Animal Nutrition, Inc.
- Archer Daniels Midland Company
- ABF Ingredients
- Lesaffre
- Leiber GmbH
- Angel Yeast Co., Ltd
- Koninklijke DSM N.V.
- Biomin GmbH
- Novus International Inc.
- FADA Yeast

Furthermore, the increasing awareness about the importance of animal welfare and sustainable farming practices is driving the demand for feed yeast. Consumers are becoming more conscious about the source of their food and are demanding products that are produced in an ethical and sustainable manner.

Feed yeast is considered a natural and sustainable ingredient, as it is derived from renewable sources and does not have any negative impact on the environment. This has led to its increased adoption by feed manufacturers and farmers who are looking for sustainable solutions to meet the growing demand for animal protein.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

In terms of regional analysis, Asia Pacific is expected to dominate the feed yeast market due to the presence of a large livestock population and the increasing demand for meat and dairy products.

China and India are the major contributors to the growth of the market in this region, as they have a significant share in the global meat production. North America and Europe are also witnessing steady growth in the feed yeast market, driven by the increasing focus on animal nutrition and the ban on antibiotics as growth promoters.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com

𝐀𝐛𝐨𝐮𝐭 𝐅𝐚𝐜𝐭.𝐌𝐑

We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.

This release was published on openPR.