Global Feed Yeast Market Overview:
Feed Yeast is made by using live micro-organisms which helps to improve performance. Yeast is derived from diverse sources and additional to feed at the time of feed manufacturing process or sometimes given straight to the livestock. There is various type of feed yeast including probiotic yeast, brewer’s yeast, specialty yeast and yeast derivatives. It is available in liquid as well as dried form. Growing concern of animal feed will help to boost global feed yeast market.
As per latest study released by AMA Research, the Global Feed Yeast market is expected to see growth rate of 8.2%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increased industrialization in livestock industry, Prohibition on the Use of Antibiotic Growth Promoters in Feed and Rising Dependency due to Yeast as the Promising Protein Source
Market Growth Drivers:
Increasing Nutritional Benefits from Yeast-Based Feed Products and Growing Concerns Related to Animal Health
Challenges:
Commercialization of Duplicate and Low-Quality Products
Restraints:
Fueling Competition for Basic Raw Materials and Willingness of Livestock Growers to Use Antibiotics for Animal Feed
Opportunities:
Rising Innovations in the Animal Feed Industry and Huge in Demand for Pet Food Nutrition
Competitive Landscape:
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies.
Some of the key players profiled in the report are Associated British Foods Inc. (United Kingdom), Archer Daniels Midland Company (United States), Cargill (United States), Alltech Inc. (United States), Chr. Hansen (Denmark), Angel Yeast Company (China), Lesaffre (France), Nutreco NV (The Netherlands), Lallemand Animal Nutrition, Inc. (United Kingdom) and Novus Interantional Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Biomin Gmbh (India), Diamond V Mills Incorporated (United States) and Leiber GmbH (Germany). Analyst at AMA Research see United States Vendors to retain maximum share of Global Feed Yeast market by 2030. Considering Market by Genus, the sub-segment i.e. Saccharomyces spp. will boost the Feed Yeast market.
Latest Market Insights:
In October 2021, Chr. Hansen Holding A/S announced the acquisition of Dutch biorefinery company, Duynie Feed. The acquisition expands Chr. Hansen's presence in the animal feed market and strengthens its portfolio of yeast-based solutions for animal nutrition.
In November 2021, Lallemand Animal Nutrition launched LEVUCELL SC, a new live yeast product specifically designed to improve rumen function and animal performance in dairy cows.
What Can be Explored with the Feed Yeast Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Feed Yeast Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Feed Yeast
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Feed Yeast market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Feed Yeast market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Feed Yeast Manufacturers, Feed Industry, Raw Material Suppliers, Retailers and Wholesaler, Traders, Importers, and Exporters, Consulting Firms, Government Regularity Bodies, Private and Government Research Centers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.