Press release
Competitive Landscape and Growth Opportunities in the Swine Feed Probiotic Yeast Market
Swine Feed Probiotic Yeast Market
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..
Market Overview -
Swine feed probiotic yeast refers to living microorganisms that improve the swine's health by altering the gut microbiota which is used as feed additives for pigs. Swine feed probiotic yeast is used in pig feed to enhance pig performance and feed effectiveness while lowering the environmental impact of pig farming.
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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 .
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.
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Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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