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2025 Yeast Probiotic Ingredient For Animal Market Outlook: Key Indicators Shaping Growth Through 2034
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Will the Yeast Probiotic Ingredient For Animal Industry Market Size Be by 2025?
The yeast probiotic ingredient for animal market size has grown rapidly in recent years. It will grow from $6.08 billion in 2024 to $6.7 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to discovery of probiotic benefits, rise in concerns about antibiotic, research and development, industry adoption and validation, regulatory support and approvals.
What's the Long-Term Growth Forecast for the Yeast Probiotic Ingredient For Animal Market Size Through 2029?
The yeast probiotic ingredient for animal market size is expected to see rapid growth in the next few years. It will grow to $10.32 billion in 2029 at a compound annual growth rate (CAGR) of 11.4%. The growth in the forecast period can be attributed to market penetration in developing regions, research and development investments, consumer preference for natural products, regulatory support and guidelines, expansion in livestock production. Major trends in the forecast period include growing demand for antibiotic alternatives, focus on gut health in livestock, regulatory shifts and compliance, demand for natural feed supplements, expansion in livestock production.
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What Are the Key Growth Drivers Fueling the Yeast Probiotic Ingredient For Animal Market Expansion?
Growing demand for eggs and poultry meat is expected to propel the growth of yeast probiotics for animal market going forward. Poultry meat refers to the edible portion of any domesticated avian species, such as chicken, turkey, duck, geese, Japanese quail and guinea fowl. Probiotics are used as an additive in poultry feed, which helps the poultry farm animals disease-free and boosts their immunity to produce more eggs and meat. For instance, in April 2023, according to the report published by the United States Department of Agriculture (USDA), an US-based federal agency responsible for overseeing agriculture, food, and rural development, the consumption of chicken meat rose from 17,164 metric tons in 2021 to 17,674 metric tons in 2022. Thus, increased demand for eggs and poultry meat is driving the growth of yeast probiotics for animal market.
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What Are the Key Trends Driving Yeast Probiotic Ingredient For Animal Market Growth?
Product innovation is the key trend gaining popularity in the yeast probiotic ingredient for animal 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.
How Is the Yeast Probiotic Ingredient For Animal Market Segmented?
The yeast probiotic ingredient for animal market covered in this report is segmented -
1) By Product Type: Live, Spent, Yeast Derivatives
2) By Genus: Saccharomyces Spp, Kluyveromyces Spp, Other Genera
3) By Livestock: Ruminants, Poultry, Swine, Aquatic Animals, Pets, Equine
Subsegments:
1) By Live: Probiotic Live Yeast Cultures, Fermented Live Yeast
2) By Spent: Dried Spent Yeast, Liquid Spent Yeast
3) By Yeast Derivatives: Yeast Extracts, Yeast Beta-Glucans, Yeast Cell Walls
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Which Companies Are Leading the Charge in Yeast Probiotic Ingredient For Animal Market Innovation?
Major companies operating in the yeast probiotic ingredient for animal market include Chr. Hansen A/S, Koninklijke DSM N V, DuPont de Nemours Inc., Evonik Industries AG, Novozymes A/S, Lallemand Inc., Kemin Industries Inc., Kerry Group PLC, BASF SE, Macco Organiques Inc., Impextraco NV, Lesaffre, Alltech, Provita Eurotech Ltd., BioResource International Inc., Bio-Vet Inc., BioZyme Inc., Diamond V, Novus International Inc., Pure Cultures, Vetanco, Zinpro Corporation
Which Regions Are Leading the Global Yeast Probiotic Ingredient For Animal Market in Revenue?
North America was the largest region in the yeast probiotic ingredient for animal market in 2024. The regions covered in the yeast probiotic ingredient for animal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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