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Global Feed Yeast Market Projected to Grow at 10.6% CAGR, Reaching $5.79 Billion by 2029
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Will the Feed Yeast Industry Market Size Be by 2025?
The market for feed yeast has seen a rapid expansion in the past few years. The market is projected to rise from $3.52 billion in 2024 to $3.87 billion in 2025, with a compound annual growth rate (CAGR) of 10.1%. This growth during the historic period is linked to a surge in demand for animal protein, advancement in the livestock industry, emphasis on animal nutrition, prohibition on antibiotic growth promoters, as well as government initiatives and rules.
What's the Long-Term Growth Forecast for the Feed Yeast Market Size Through 2029?
The market size of feed yeast is predicted to experience a fast-paced expansion in the upcoming years, escalating to $5.79 billion by 2029 with a compound annual growth rate (CAGR) of 10.6%. This projected growth can be linked to the surge in meat intake in developing markets, increasing inclination of consumers towards organic products and emphasis on eco-friendly animal farming techniques. Key trends that are anticipated within this period include advancements in the development of yeast strains, the rising recognition of yeast as a protein source, the growth of the aquaculture sector, personalized feed approaches, and innovations in biotechnology.
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What Are the Key Growth Drivers Fueling the Feed Yeast Market Expansion?
The expansion of the feed yeast market is anticipated to be driven by an increase in industrialized livestock production. Livestock production entails the generation of products from farm animals and is a significant facet of global agriculture, contributing to food and nutrition security. The addition of a higher quantity of yeast to animal feed promotes growth, optimizes health, and increases production. Moreover, yeast can reduce health risks in dairy cows that consume a starch-rich diet by improving the digestion of fiber in the rumen and promoting microbial activity. In poultry, yeast serves as a useful component that fulfills chickens' energy requirements. For example, as per the Food and Agriculture Organization of the United Nations, livestock provides livelihood and food and nutrition access to approximately 1.3 billion people and contributes to 40% of global agricultural output value. Consequently, an increase in industrialized livestock production is expected to stimulate the growth of the feed yeast market.
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What Are the Key Trends Driving Feed Yeast Market Growth?
Leading businesses in the feed yeast market are putting their efforts into the development of innovative microbial solutions that boost animal health and nutrition. Such development is underpinned by in-depth research and the application of advanced methods to select the best microbial strains, confirming that the products are both secure and efficient for pet health. For instance, Lallemand Animal Nutrition, a company based in the UK that specializes in the production and development of yeasts and bacteria, introduced LALPROBIOME in October 2023, a comprehensive platform designed to improve pet welfare through inventive microbial solutions. This move underlines the company's dedication to cater to the varied nutritional requirements of companion animals. LALPROBIOME acts as an integrated platform comprising numerous products designed for pet health, including probiotics, postbiotics, and yeast-based solutions.
How Is the Feed Yeast Market Segmented?
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
Subsegments:
1) By Probiotic Yeast: Saccharomyces Boulardii, Saccharomyces cerevisiae
2) By Brewer's Yeast: Active Dry Brewer's Yeast, Liquid Brewer's Yeast
3) By Specialty Yeast: Yeast Extracts, Autolyzed Yeast, Nutritional Yeast
4) By Yeast Derivatives: Beta-Glucans, Mannan-Oligosaccharides (MOS), Yeast Protein
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Which Companies Are Leading the Charge in Feed Yeast Market Innovation?
Major companies operating in the feed yeast market include 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., Shenyang Fada yeast Co. Ltd, Titan Biotech Ltd., Oriental Yeast Pvt. Ltd, Nutreco NV, Phibro Animal Health Corporation, DSM Nutritional Products AG, Biomin, Diamond V, Kemin Industries Inc., Lucta S. A., AB Vista, Evonik Industries AG, Pancosma SA, Danstar Ferment AG, Biorigin, Ohly, ICC Brazil, Biovet AD - Peshtera, Bioiberica, Novozymes A/S
Which Regions Are Leading the Global Feed Yeast Market in Revenue?
Asia-Pacific was the largest region in the feed yeast market in 2024. The regions covered in the feed yeast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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