Global Feed Yeast Market: Industry Analysis and Forecast 2021-2027

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Global Feed Yeast Market is anticipated to reach US$ 2058 Bn by 2027 from US$ 1.9 Bn in 2019 at a CAGR of 5.2 % during a forecast period.

Global Feed Yeast Market Overview

Ruminants are a key application for feed yeast since they are the most developed market for live yeast application. It is also utilized in human nutrition and has a wide range of uses in animal feed. The use of feed yeast to their meals improves digestion and accelerates growth. The active dry yeast is fermented to produce byproducts such as oxygen, nitrogen, and CO2, which are then utilized to make animal feed.

 

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The report has covered the market trends from 2015 to forecast the market through 2027. Where 2019 is considered a base year to forecast the market from 2021 to 2027. However, 2020’s market size is estimated on real numbers and outputs of the key players and major players across the globe.

Global Feed Yeast Market Dynamics

Fed directly Microbial is becoming an increasingly important component of animal diet. Cattle owners, poultry farmers, pet owners, and others are rapidly adopting it since it is linked to a variety of health advantages as well as improved performance. Live yeast supplements are widely utilized as a direct-fed microorganism to increase dairy cow health, performance, and milk production. Yeast culture is also useful for improving fermentation and digestion in the rumen, which is a ruminant's stomach. Manufacturers' increased microbial research and development activities also contribute to the growth of novel yeast supplements for direct-fed microbiological, which boosts demand for feed yeast in the animal feed industry.

However, a lack of awareness about yeast consumption and the associated benefits among farmers in developing countries is one of the factors hindering the market growth. Government regulations on the import and export, production, and labelling of yeast foods are another factor limiting the market's growth during the forecast period.

Growing meat consumption globally boosts demand for feed yeast

The increased usage of meat products worldwide is expected to boost the market of yeast feed. Increased demand for fresh protein sources in meat products such as yeast has benefitted the market for food yeast. Moreover, antibiotic growth promoters have made the possibility of feed yeasts more cost-effective and safer than other feed additives. As per then, data collected North America is the largest region to consume meat, which was around 97.6 kilos in 2019.

Impact of COVID-19 on the Biomarkers Market

The COVID-19 epidemic is now having an impact throughout the globe. COVID-19's current situation is only likely to have a minor impact on the feed yeast market's growth. Manpower shortages, international trade restrictions, and lower animal product demand are all likely to have a short-term impact on feed yeast availability and output. Following that, as regulatory limitations are expected to gradually loosen, the market is expected to grow during the forecast period, as many feed additive firms have begun exploring antibiotic alternatives.

Global Feed Yeast Market Segmentation Analysis

By Livestock, Poultry Feed holds the largest share of the global feed yeast market in 2019. Poultry feed is expected to account for 42% of the market during the forecast period.

Due to growing poultry output and a higher emphasis on bird productivity and weight gain, the Poultry Feed Yeast segment is expected to grow at a quick rate throughout the forecast period. Adding yeast to chicken feed is one technique for enhancing the animal's digestive health and aiding in increased feed conversion ratio, which has a positive impact on meat yield.

Global Feed Yeast Market Regional Insights

In 2019, Asia Pacific is expected to be the fastest-growing and largest region, Asia is expected to have the highest growth rates in the global feed yeast market, owing to the flourishing animal feed and nutrition industries in the region. Feed yeast market growth is aided by significant growth in the feed additives sector in the region. Over the last three years, China has been the region's top producer of feed yeast, with an average yearly production of 80,000 metric tons.

Europe and North America are other major markets for feed yeasts. North America is viewed as generating more feed and employing microbiological sources in the animal feed sector as a result of both regions' rising need for highly developed animal feed. The Middle East and Africa are expected to grow throughout the forecast period as a result of increased animal feed output in these regions.

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Global Feed Yeast Market Scope: Inquire before buying

Global Feed Yeast Market

Global Feed Yeast Market by Region

• North America

• Asia pacific

• Europe

• Middle East and Africa

• South America

Global Feed Yeast Market Key Players

• Archer Daniels Midlands Company

• Diamond V

• Leiber GmbH

• Associated British Foods Plc

• Alltech Inc.

• Cargill

• Angel Yeast Company

• Chr. Hansen

• Lesaffre

• Nutreco N.V.

• Lallemand Inc.

• Novus International

• Zilor (Biorigin)

• Kerry Group

• Kemin

Frequently Asked Questions

1. What is the projected market size & growth rate of the Global Feed Yeast Market?

Ans- Feed Yeast Market was valued at USD 1.9 Billion in 2019 and is projected to reach USD 2.58 Billion by 2027, growing at a CAGR of 5.2% during the forecast period.

2. What are the key driving factors for the growth of the Global Feed Yeast Market?

Ans- The increased usage of meat products worldwide is expected to boost the market for yeast feed. Increased demand for fresh protein sources in meat products such as yeast has benefitted the market for food yeast.

3. Which region accounted for the largest Global Feed Yeast market share?

Ans- In 2019, Asia Pacific is expected to be the fastest-growing and largest region, Asia is expected to have the highest growth rates in the global feed yeast market, owing to the flourishing animal feed and nutrition industries in the region. Feed yeast market growth is aided by significant growth in the feed additives sector in the region.

4. What Makes North America a Lucrative Market for Feed Yeast market?

Ans- North America is viewed as generating more feed and employing microbiological sources in the animal feed sector as a result of the rising need for highly developed animal feed.

5. What are the top players operating in the Global Feed Yeast Market?

Ans- The major players operating in the WES market include Archer Daniels Midlands Company, Diamond V, Leiber GmbH, Associated British Foods Plc, Alltech Inc., Cargill, Angel Yeast Company, Chr. Hansen, Lesaffre.

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