Global Market Study on Feed Yeast: Meat Consumption - Key Growth Lever


Feed Yeast  Market
  • Published On : Dec-2019 |
  • Pages : 280 Pages |
  • Format : Feed Yeast  Market Feed Yeast  Market Feed Yeast  Market Feed Yeast  Market

Increasing Use of Feed Yeast as Replacement for Antibiotics in Animal Nutrition

Antibiotics are mainly used in feed for livestock such as poultry to promote animal production and improve feed efficiency. However, use of antibiotics in livestock feed is reducing, as it is associated with negative impacts on human health and environment. Use of antibiotics in animal feed is banned in the U.S. from 2017.

Yeast-based ingredients are perceived as a perfect replacement for antibiotics, as they improve digestion and provide vital nutrients such as protein and vitamins to animals. Rising demand from the poultry segment for yeast feed due to increasing consumption of meat products worldwide is expected to boost growth of the feed yeast market.

  • In May 2019, Leiber GmbH launched a combined yeast product Leiber YeaFi. The product is suitable for use in livestock and pet food. Leiber YeaFi contains grain-free fiber components, which is also called the yeast fiber concept.

Rising Demand for Direct Fed Microbial in Animal Feed Industry

Direct Fed Microbial is becoming a vital ingredient in animal nutrition applications. It is increasingly adopted by cattle owners, poultry farmers, pet owners, and others, as it is associated with multiple health benefits along with enhancements in performance. The concept of direct fed microbial includes feeding beneficial microbes such as live yeast to animals, which stimulates the immune system of the animals and provides essential nutrients. Yeast-based supplements containing Saccharomyces cerevisiae are widely used as direct fed microbial for different animal species.

Live yeast supplements are extensively used as direct fed microbial to boost health of dairy cows and improve performance and milk yield. Yeast culture is also beneficial for enhancing fermentation and digestion activities in rumen, which is the stomach of a ruminant. Increasing research and development efforts by manufacturers on microbial also contributes to the development of new yeast supplements for direct fed microbial, and subsequently boosts demand for feed yeast in the animal feed industry.

  • In December 2018, Canadian Bio-Systems Inc. launched a new yeast-based supplement. This product was marketed as a perfect solution for enhancing the health of ruminants.

Meat Consuming Regions Hold Lucrative Growth Potential

East and South Asia are projected to witness the high growth rate in global feed yeast market during the forecast period of 2019-2029, attributable to the thriving animal feed and nutrition industry in both regions. Substantial growth of the feed additives industry in both regions also contributes to growth of the feed yeast market.

Growing meat consumption in South Asia boosts demand for feed yeast on back of the high demand from the poultry sector. The Middle East and Africa is also a noteworthy region that is projected to witness a significant growth rate in the feed yeast market during the forecast period, attributable to increasing animal feed production in this region over the past few years.

Europe and North America account for a significant market share in the feed yeast market, owing to rising demand from the highly developed animal nutrition industry in both regions. North America is witnessing higher feed production and growing adoption of microbial sources in the animal nutrition industry.

In Europe, yeast-based ingredients are conventionally used in feed products, making it a mature market for feed yeast. Advancements in research and developments for feed yeast in these regions is expected to promote used of feed yeast in the foreseeable future.

Analyst’s Viewpoint

The global feed yeast market is witnessing a significant growth rate, with East Asia and South Asia anticipated to show substantial growth during the forecast period. Increasing use of microbial sources in animal nutrition is expected to contribute to growth of the global feed yeast market in the foreseeable future.

Leading market players such as Alltech Inc. and Cargill, Incorporated are strategically developing innovative yeast-based ingredients for animal nutrition and are focusing on acquisitions to strengthen their position in feed yeast market. Quality enhancement and improvement of the supply-chain are other strategies adopted by key players in the market. However, the high cost of maintenance of feed yeast is among the factors which are expected to restrain the growth of feed yeast market.

The latest market report by Persistence Market Research on the global feed yeast market evaluates opportunities and current market scenario, providing insights and updates about the corresponding segments involved in the global feed yeast market during the forecast period of 2019-2029. The report provides a detailed assessment of key market dynamics and comprehensive information about the structure of the global feed yeast market. This market study contains exclusive insights into how the global feed yeast market is anticipated to grow during the forecast period of 2019-2029.

The primary objective of the global feed yeast market report is to provide insights regarding opportunities in the market that are supporting the transformation of global businesses associated with feed yeast products. It is very important to consider that in an ever-wavering economy, we provide estimated (Y-o-Y) year-on-year growth rate in addition to the compound annual growth rate (CAGR) for the overall forecast, to enable readers to better understand the analysis and evaluation of the global feed yeast market, and to discover lucrative opportunities in the market.

This report on the global feed yeast market also provides an estimate of the global feed yeast market size and corresponding revenue forecast carried out in terms of absolute $ opportunity. It also offers actionable insights based on future trends in the feed yeast market. Furthermore, new and emerging players in the global feed yeast market can make use of the information presented in the study to make effective business decisions, which will provide momentum to the business as well as the global feed yeast market.

The study is relevant for manufacturers, suppliers, distributors, and investors in the global feed yeast market. All stakeholders in the global feed yeast market, as well as investors, industry experts, researchers, journalists and business researchers can leverage the information and data represented in PMR’s study.

Key Segments of the Global Feed Yeast Market

PMR’s study on the global feed yeast market offers information divided into four  segments- product type, livestock, form, and region.

Product Type

Livestock

Form

Region

Live

Poultry

Fresh

North America

Spent

Ruminants

Dry

Latin America

Yeast Derivatives

Swine

Instant

Europe

Aquatic Animals

South Asia

Other Livestock Animals

East Asia

Oceania

Middle East & Africa

Key Questions Answered in PMR’s Global Feed Yeast Market

  • Which region will have the highest market share in the global feed yeast market during the forecast period?
  • Which region is experiencing the highest growth (CAGR)?
  • Which factors are impacting the global feed yeast market?
  • Which are the global trends impacting the feed yeast market?
  • What strategies must emerging players adopt to capture opportunities in various regions in the feed yeast market?
  • What is the market structure of the global feed yeast market?

Global Feed Yeast Market: Research Methodology

Persistence Market Research is committed to providing unbiased market research solutions to its clients. PMR follows a robust methodology in the deduction of data included in this report. A unique research methodology is utilized to conduct extensive research on the global feed yeast market and reach conclusions about the future growth factors of the feed yeast market. PMR’s research methodology comprises primary research methods coupled with the secondary research methods, which ensure the accuracy and reliability of the conclusions in this report.

A demand-side approach is followed to estimate the sales of target products, followed by an in-depth supply-side assessment of value generated, key trends, and events over a predefined period. This methodology is based on standard market structures, methods, and definitions that are based on inputs from local sources in over seven regions, i.e. North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa, which PMR considers for segmenting the global market. Statistics, characteristics, and variances are collected at a regional level, aggregated at the same level, and then synthesized at a worldwide level to create global market measurements. Our main sources of research include:

  • Primary Research
  • Secondary Research
  • Trade Research

Companies covered in Feed Yeast Market Report

  •  Alltech Inc.
  • Cargill, Incorporated. 
  • Lallemand Animal Nutrition, Inc.
  • Archer Daniels Midland Company
  • ABF Ingredients
  • Lesaffre 
  • Leiber GmbH
  • Angel Yeast Co., Ltd
  • DSM
  • Biomin Gmbh
  • Novus International Inc.
  • FADA Yeast

 

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