Feed Yeast Market Global Research Report by Type (Live Yeast, Spent Yeast and others), Form (Dry, Liquid and others), Livestock (Poultry, Swine, Ruminants, Aquatic and others) and Region (North America, Europe, Asia Pacific, & RoW)– Forecast till 2023
— Feed Yeast Market Research Report includes various topics like total Market Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand, Outlook etc. Furthermore, it covers key market updates, the impact of regulations and technological updates in. The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision to stimulate the market growth and profitability.
Yeast is a single-cell fungus and the species named Saccharomyces cerevisiae is the most common yeast culture used in the food and animal feed products. These yeast cultures, owing to their ability to take up oxygen are proving to be beneficial for farm livestock production. Production of yeast is easier too as it is sustainable and can be produced using little fresh water, low-value biomass, and doesn’t need arable land to grow.
Yeast-induced feeds are trending currently as they are not only easy to digest but also offer many health benefits to the animals. Livestock fed with yeast-induced feed consume as little as a third of their usual diet and gain weight faster than the conventionally fed animals. As a result, yeast has become a vital additive in the animal feed product and the feed yeast market witnesses a huge demand, globally.
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The ever-increasing population, worldwide drives the feed yeast market predominantly, creating a massive demand for animal protein or animal food products such as Meat/Milk. In order to supply this increasing demand for food; operators of these animals take extreme care of their livestock. Since food is the prime factor in the care chain of animals, extra attention is provided to their feed that can give maximum output. Additionally, cost of metabolic diseases increasing in husbandry, dairy, and poultry foster the growth of the market, augmenting the demand for yeast induced feed. Simultaneously, the growing demand for dairy and meat products provide impetus to the feed yeast market.
Highly competitive, the global feed yeast market appears to be fragmented, characterized by the presence of many large and small-scale players. Well-established players incorporate strategic initiatives such as collaboration, acquisition, product launch, partnership, and expansion to gain a competitive advantage in this market.
These players adopt advanced technologies while revising their production processes. Such bettered processes along with the prevailing strategic partnerships between manufacturers support the growth and expansion plans of the key players. Manufacturers are investing significantly in R&D activities to support the cutting-edge innovation pipeline.
Key players leading the global feed yeast market include Associated British Foods plc (U.K), Nutreco N.V. (the Netherlands), Archer-Daniels-Midland Company (U.S.), Alltech, Inc. (U.S.), Angelyeast Co., Ltd. (China), Leiber GmbH (Germany), Cargill Inc. (Germany), Lesaffre Yeast Corporation (U.S.), Lallemand Inc. (Canada), and Diamond V Mills, Inc. (U.S.) among others.
March 15, 2019 --- Lallemand Animal Nutrition (the US), a leading global company involved in the development and production of high-value yeast and bacteria products including probiotics, yeast derivatives, and others announced that it is expanding the capacity of its yeast production plant in Józefów, Poland, to meet growing demand.
The firm confirmed that the major investments would double both its yeast drying and micro-encapsulation capacities. These production facilities Would supply, in particular, the Titan range of protected live yeast products, which are encapsulated to offer protection from industrial pelleting conditions.
For ease of understanding, the market is segmented into four key dynamics: -
By Type: Live Yeast and Spent Yeast among others.
By Form: Dry and Liquid among others.
By Livestock: Poultry, Swine, Ruminants, and Aquatic among others.
By Regions: North America, Asia Pacific, Europe, and the Rest-of-the-World.
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The Asia Pacific region, heading with the increasing demand for feed supplement products, dominates the global feed yeast market. Factors such as the increasing consumption of meat products alongside the ever-increasing population in some of the rapidly developing countries such as India and China are pushing up the growth of the feed yeast market in the APAC region.
China is the major meat market and hence accounts for the major contributor to the regional market, creating a huge demand in the animal feed market. Simultaneously, the rapidly growing demand for milk consecutively increases the market size of the feed yeast market in the region. Moreover, rising population followed by increasing consumption of livestock in developing countries of Asia Pacific is boosting the feed yeast supplement market. The APAC market is growing to keep up the supply and demand ratio.
The feed yeast market in the European region has emerged as a profitable market, globally. Rising demand for poultry and swine products is escalating the growth of the feed yeast market in the region, boosting the sales of the products.
Moreover, the increasing demand for protein intake among people in Germany and the UK is accelerating the demand for the product, especially in swine and poultry applications. Furthermore, due to the spreading awareness towards the livestock health driven by the rising demand for meat products, the market is estimated to register a substantial CAGR from 2017 to 2023.
Germany, the U.K, the U.S., and China are the major importers of the feed yeast.
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