Feed Yeast Market Growth 2024-2033: In-Depth Insights, Demand Dynamics, and Forecast Analysis

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Feed Yeast Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $5.29 billion In 2028 At A CAGR Of 10.5% :

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.

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Feed Yeast Market Major 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 Driver - 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.

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Prominent Trend - 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.

Feed Yeast Market Players
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

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the feed yeast market in 2023. The regions covered in the feed yeast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Feed Yeast Market Report Structure
3. Feed Yeast Market Trends And Strategies
4. Feed Yeast Market - Macro Economic Scenario
5. Feed Yeast Market Size And Growth
…..
27. Feed Yeast Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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