(MENAFN- EIN Presswire)
The Business Research Company
The Business Research Company's Feed Yeast Global market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
You Can Now Pre Order Your Report To Get A Swift Deliver With All Your Needs” - The Business research company
LONDON, GREATER LONDON, UNITED KINGDOM, November 4, 2024 /EINPresswire / -- The feed yeast market has experienced rapid growth in recent years. It is projected to increase from $3.2 billion in 2023 to $3.55 billion in 2024, reflecting a compound annual growth rate (CAGR) of 10.8%. This growth during the historical period can be attributed to factors such as rising demand for animal protein, expansion in the livestock industry, a focus on animal nutrition, the ban on antibiotic growth promoters, and various government initiatives and regulations.
What Is The Estimated Market Size Of The Global Feed Yeast Market And Its Annual Growth Rate?
The feed yeast market is anticipated to experience rapid growth in the coming years. It is expected to reach $5.29 billion by 2028, with a compound annual growth rate (CAGR) of 10.5%. This growth during the forecast period can be attributed to factors such as increasing meat consumption in emerging markets, a growing consumer preference for natural products, and an emphasis on sustainable animal farming practices.
Explore Comprehensive Insights Into The Global Feed Yeast Market With A Detailed Sample Report:
Growth Driver of The Feed Yeast Market
The rise in industrialized livestock production is expected to drive the growth of the feed yeast market. Livestock production encompasses products derived from farm animals and is a vital component of global agriculture, playing a significant role in food security and nutrition. Incorporating more yeast into animal feed enhances growth, health, and overall production. Furthermore, yeast can reduce health risks for dairy cows on starch-rich diets by improving fiber digestion in the rumen, promoting microbial proliferation. In poultry, yeast serves as an effective ingredient that meets the energy requirements of chickens.
Explore The Report Store To Make A Direct Purchase Of The Report:
Which Market Players Are Driving The Feed Yeast Market Growth?
Key players in the market include Associated British Foods PLC, Archer Daniels Midland Company, Alltech, Cargill Incorporated, Angel Yeast Co. Ltd., Chr. Hansen A/S, Lesaffre, Novus International Inc., Lallemand Inc., Leiber GmbH, Shandong Bio Sunkeen Co. Ltd., Açucareira Zillo Lorenzetti S. A., Shenyang Fada yeast Co. Ltd, Wester Yeast Company, Titan Biotech Ltd., Oriental Yeast Pvt. Ltd, Nutreco NV, Phibro Animal Health Corporation, DSM Nutritional Products AG, Pacific Ethanol (Alto Ingredients), Biomin, Diamond V, Kemin Industries Inc., Lucta S. A., Chr. Hansen Holding A/S, AB Vista, Evonik Industries AG, Pancosma SA, Danstar Ferment AG, Biorigin, Ohly, ICC Brazil, Biovet AD - Peshtera, Bioiberica, Novozymes A/S, Nutrias International NV.
What Are The Key Trends That Influence Feed Yeast Market Share Analysis?
Key companies in the feed yeast market are intensifying their efforts to introduce advanced probiotic yeast for poultry feed to gain a competitive advantage. Probiotic yeast is a type of feed additive utilized in poultry nutrition to promote gut health and enhance overall bird performance. It aids in improving digestion, nutrient absorption, and immune function in poultry.
How Is The Global Feed Yeast Market Segmented?
1) By Type: Probiotic Yeast, Brewer's Yeast, Specialty Yeast, Yeast Derivatives
2) By Genus: Saccharomyces spp, Kluyveromyces spp, Other Genus
3) By Form: Fresh, Instant, Dry
4) By Animal Type: Ruminants, Poultry, Swine
Geographical Insights: Asia-Pacific Leading The Feed Yeast Market
Asia-Pacific was the largest region in the market in 2023. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Feed Yeast Market Definition
Feed yeast is a by-product of the alcoholic beverage and fermentation industries. It is created by cultivating yeast fungus on various substrates. The color of feed yeast varies from pale yellow to light gray, and it has a typical yeast-like odor.
Feed Yeast Global Market Report 2024 from The Business Research Company covers the following information:
.Market size data for the forecast period: Historical and Future
.Macroeconomic factors affecting the market in the short and long run
.Analysis of the macro and micro economic factors that have affected the market in the past five years
.Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
.Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
An overview of the global feed yeast market report covering trends, opportunities, strategies, and more
The Feed Yeast Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on feed yeast market size , feed yeast market drivers and trends, feed yeast market major players and feed yeast market growth across geographies. This report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
Browse Through More Similar Reports By The Business Research Company:
Feed Acidifiers Global Market Report 2024
Feed Binders Global Market Report 2024
Feed Processing Equipment Global Market Report 2024
What Does the Business Research Company Do?
The Business Research Company publishes over 15,000 reports across 27 industries and 60+ geographies. Our research is powered by 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. We provide continuous and custom research services, offering a range of specialized packages tailored to your needs, including Market Entry Research Package, Competitor Tracking Package, Supplier & Distributor Package, and much more.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Oliver Guirdham
The Business Research Company
+44 20 7193 0708
...
Visit us on social media:
Facebook
X
LinkedIn
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
MENAFN04112024003118003196ID1108847967