The global feed yeast market was valued at $2,103.5 million in 2020 and is anticipated to grow at a CAGR of 5.97% from 2021 to 2028. The feed yeast market has two segments, namely, distiller’s dried grains with solubles (DDGS) and animal feed. Feed yeast products are used to improve the nutritional value of livestock feeds. They are sources of nutrients that help in the growth of livestock during intensive periods such as pregnancy, lactation, and growing phases. Feed yeasts are non-pathogenic fungi that can be used as additives to animal feed. Yeast consists of saccharomyces cerevisiae and zygosaccharomyces species. These yeasts are often added to the animal feed as a source of protein and B vitamins, such as thiamine and riboflavin.
| Parameters | Indicators |
|---|---|
| Market Size (2028) | $3,378.8 Million |
| CAGR (2021 to 2028) | 5.97% |
| Market Classification | Form, Type, Genus, Livestock |
| Key Companies Profiled | Associated British Foods, Cargill, Angel Yeast Company, Hansen, Lesaffre Yeast Corporation, Biomin, LEIBER, Diamond V Mills Incorporated, Nutreco, Alltech, Inc, POET |
| Key Countries/Regions Analyzed | US, Canada, Mexico, UK, Germany, France, Italy, Rest of Europe, China, India, Japan, South Korea, Rest of Asia Pacific, Middle East & Africa, and South America |
| Base Year | 2020 |
| Estimated Year | 2021 |
| Forecast Years | 2021 to 2028 |
Driving Factors
The factors driving the growth of the global Feed Yeast market include a rise in the use of Poultry Feed, increasing in the nutritional value of yeast-based feeds.
Increasing the nutritional value of yeast-based feeds
There is a substantial amount of yeast in the environment. Several yeasts are isolated from organic materials such as honey, fruits, dirt, water, flowers, leaves, and stems. Yeasts are also present in feed items such as wheat, sugarcane, and corn. The vast majority of yeast species do not affect animals or humans, but others have either beneficial or harmful effects. Yeasts such as Kluyveromyces marxianus and Saccharomyces cerevisiae have been shown to improve animal health; they give nutrients to animals and are thus employed as feed additives. Aside from animal feed, certain yeast species have a wide range of commercial applications in industries.
Restraining factors
The factors restraining the growth of the global feed yeast market include primary raw materials are high demand, consumption of low-quality and counterfeit goods.
Key Insight in the report:
Global Feed Yeast market report covers Executive Summary, Market Dynamics, Trend Analysis, Market Size and Forecast, Competitive Intelligence, Market Positioning, Product Benchmarking, and Opportunity Analysis.
The report covers extensive competitive intelligence which includes the following data points:
- Business Overview
- Business Model
- Financial Data
- Financial – Existing
- Financial – Funding
- Product Segment Analysis and specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
Global Feed Yeast Market Segmentation The report covers the Global Feed Yeast market size and forecasting at the country level as well as at the segment level. Global Feed Yeast Market analysis across below-mentioned different segments:
By Form
- Powder
- Liquid
- Others
By Type
- Probiotic Yeast
- Brewer’s Yeast
- Specialty Yeast
- Yeast Derivatives
- Others
By Genus
- Saccharomyces spp
- kluyveromyces spp
- Torula spp
- Pichia spp
- Others
By Livestock
- Ruminants
- Poultry
- Swine
- Aquatic animals
- Pets
- Equine
- Others
Regional analysis
North America held the largest share of the feed yeast market and is estimated to remain the leading region throughout the forecasting period. The rise in demand in the region has been led by the growing popularity of non-alcoholic beverages in the US, which in turn increases the consumption of feed yeast in the country. The region is also the largest producer of feed yeast in the world.
Europe has the second-largest share of the feed yeast market. The region is estimated to be the fastest-growing region in the next five years.
The Global Feed Yeast Market is analyzed across the below-mentioned region.
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia Pacific
- Rest of the World
Global Feed Yeast Market Key Players:
Some of the key players in the Global Feed Yeast Market include:
- Associated British Foods
- Cargill
- Angel Yeast Company
- Hansen
- Lesaffre Yeast Corporation
- Biomin
- LEIBER
- Diamond V Mills Incorporated
- Nutreco
- Alltech, Inc
- POET
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Global Feed Yeast market trends and opportunities
- Detailed analysis on current market drivers, restraining factors, and opportunities in the future
- Global Feed Yeast market historical market size for the year 2020, and forecast from 2021 to 2028
- Global Feed Yeast market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
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