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Feed Yeast Global Market Size, Share, Future Trends, Comprehensive Analysis, Opportunity Assessment By 2033 | Lallemand Inc., Leiber GmbH, Titan Biotech Ltd., Pancosma SA, Bioiberica
Feed Yeast Market
As per the report, 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 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%.
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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.
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.
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
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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
Contents of the report:
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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