Feed Yeast Market Report 2024: Size, Share, Growth, Trends, Analysis, Forecast, Outlook, Competitive Landscape

The feed yeast market size has grown rapidly in recent years. It will grow from $3.2 billion in 2023 to $3.55 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to increasing demand for animal protein, livestock industry growth, focus on animal nutrition, ban on antibiotic growth promoters, government initiatives and regulations.

The feed yeast market size is expected to see rapid growth in the next few years. It will grow to $5.29 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to increasing meat consumption in emerging markets, rising consumer preference for natural products, focus on sustainable animal farming practices. Major trends in the forecast period include advancements in yeast strain development, rising popularity of yeast as a protein source, expansion of aquaculture industry, customized feed solutions, biotechnological innovations.

Market Overview -
The feed yeast refers to a by-product of alcoholic beverages and the fermentation industry. It is produced by reproducing yeast fungus on various substrates. The color of feed yeast ranges from pale yellow to light grey, and the smell is typical of yeast.

Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=7059&type=smp

Increase In The Demand Of Livestock Production
Increased industrialized livestock production is expected to propel the growth of the feed yeast market. Livestock production refers to the products derived from farm animals. It is a crucial component of world agriculture, contributing to food security and nutrition. Animal feed with more yeast enhances and boosts development, health, and production. Additionally, yeast can lessen health hazards for dairy cows fed a starch-rich diet by enhancing the digestion of fiber in the rumen to encourage the proliferation of microbes. In poultry, yeast offers a practical element that satisfies the energy requirements of chickens. For instance, according to the Food and Agriculture Organization of the United Nations, livestock supports about 1.3 billion people's livelihoods and access to food and nutrition and contribute 40% of the worldwide value of agricultural output. Therefore, the increased industrialized livestock production will drive the growth of the feed yeast market.

Competitive Landscape -
Major companies operating in the feed yeast market report are Associated British Foods PLC, Archer Daniels Midland Company, Alltech, Cargill Incorporated, Angel Yeast Co. Ltd., Chr. Hansen A/S, Lesaffre, Novus International Inc., Lallemand Inc., Leiber GmbH, Shandong Bio Sunkeen Co. Ltd., Açucareira Zillo Lorenzetti S. A., Shenyang Fada yeast Co. Ltd, Wester Yeast Company, Titan Biotech Ltd., Oriental Yeast Pvt. Ltd, Nutreco NV, Phibro Animal Health Corporation, DSM Nutritional Products AG, Pacific Ethanol (Alto Ingredients), Biomin, Diamond V, Kemin Industries Inc., Lucta S. A., Chr. Hansen Holding A/S, AB Vista, Evonik Industries AG, Pancosma SA, Danstar Ferment AG, Biorigin, Ohly, ICC Brazil, Biovet AD - Peshtera, Bioiberica, Novozymes A/S, Nutrias International NV

Focus On Launch Of New Products
Product innovations is a key trend going popularity in the feed yeast market. Major companies operating in the feed yeast market are introducing new product solutions to sustain their position in the market. For instance, in December 2021, BASF, a Germany-based chemical company, developed Natupulse TS, a revolutionary feed enzyme designed to release valuable nutrients. Natupulse TS is a non-starch polysaccharide (NSP) enzyme that functions as an endo-1,4-ß-D-mannanase, hydrolyzing ß-mannans into smaller components such as manno-oligosaccharides (MOS). When ß-mannanase is added to the feed, it reduces digesta viscosity, increases the feed's digestibility, and ensures more sustainable production.

Browse Full Report @
https://www.thebusinessresearchcompany.com/report/feed-yeast-global-market-report

Key Segments -
The feed yeast market covered in this report is segmented -
1) By Type: Probiotic Yeast, Brewer's Yeast, Specialty Yeast, Yeast Derivatives
2) By Genus: Saccharomyces spp, Kluyveromyces spp, Other Genus
3) By Form: Fresh, Instant, Dry
4) By Animal Type: Ruminants, Poultry, Swine

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

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.