PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1577068
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1577068
Europe Inactive Dry Yeast Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
The Europe Inactive Dry Yeast Market was valued at USD 68.8 million in 2023 and is projected to grow at a CAGR of over 5.1% from 2024 to 2032. This market focuses on yeast products valued for their nutritional benefits and flavor enhancement, rather than fermentation. It includes nutritional yeast and varieties used in food, pharmaceuticals, and dietary supplements. Growth is driven by rising health-conscious consumer demands, the trend of veganism, and increased awareness of inactive dry yeast benefits. Eurostat data shows the food and beverage sector holds a 55% market share, while personal care products and dietary supplements account for 25% and 15%, respectively. The yeast's affordability and availability are expected to boost adoption. The European animal feed industry's focus on traceability, transparency, and sustainability will further drive market growth.
The overall Europe inactive dry yeast industry is classified based on the application and country.
By 2032, the Europe market for inactive dry yeast in animal feed, particularly for poultry, is projected to reach USD 51.6 million, with a CAGR of over 5.2%. Inactive dry yeast acts as a crucial feed additive, supplying essential proteins and vitamins that enhance birds' immune systems. Its applications span broilers, turkeys, and layers. The demand for premium protein and vitamin products, aimed at boosting poultry health and quality, drives this growth. The European poultry market, which stood at 14.01 million tons in 2019, is projected to reach 15.1 million tons by 2024. EU policies aimed at strengthening livestock production further boost the growth of inactive dry yeast in animal feed.
Germany's market for inactive dry yeast in animal feed is projected to exceed USD 12.2 million by 2032, growing at a CAGR of 5.3%. As Europe's largest consumer of inactive dried yeast, Germany's strong manufacturing base and demand for high-quality meat products drive market growth. The country benefits from regulations that enhance feed quality. Rising animal diseases and a heightened consumer focus on health amplify this demand. With around 26 million live swine, Germany is Europe's leading pork producer. The country's acknowledgment of inactive dry yeast's advantages positions it for significant market growth. Potential flu outbreaks are expected to increase demand for feed products, including inactive dry yeast, to strengthen animals' immune systems.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market scope and definition
- 1.2 Base estimates and calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 360° synopsis
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Key manufacturers
- 3.1.2 Distributors
- 3.1.3 Profit margins across the industry
- 3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.1.1 Strong application scope in the livestock sector
- 3.2.1.2 Increase in demand for high-quality animal nutrition products will fuel the market growth
- 3.2.1.3 Rising veganism and plant-based diets
- 3.2.2 Market challenges
- 3.2.2.1 Market competition from other similar products
- 3.2.2.2 Stringent regulatory standards set by the European Food Safety Authority (EFSA)
- 3.2.3 Market opportunity
- 3.2.3.1 New opportunities
- 3.2.3.2 Growth potential analysis
- 3.2.1 Growth drivers
- 3.3 Raw material landscape
- 3.3.1 Manufacturing trends
- 3.3.2 Technology evolution
- 3.3.2.1 Sustainable manufacturing
- 3.3.2.1.1 Green practices
- 3.3.2.1.2 Decarbonization
- 3.3.2.1 Sustainable manufacturing
- 3.3.3 Sustainability in raw materials
- 3.3.4 Pricing trends (USD/Ton), 2021 - 2032
- 3.3.4.1 North America
- 3.3.4.2 Europe
- 3.3.4.3 Asia Pacific
- 3.3.4.4 Latin America
- 3.3.4.5 Middle East and Africa
- 3.4 Regulations and market impact
- 3.5 Porter's analysis
- 3.6 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Company market share analysis
- 4.2 Competitive positioning matrix
- 4.3 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Application, 2021-2032 (USD Million, Kilo Tons)
- 5.1 Key trends
- 5.2 Poultry
- 5.2.1 Broiler
- 5.2.2 Layer
- 5.2.3 Turkey
- 5.2.4 Others
- 5.3 Swine
- 5.3.1 Starter
- 5.3.2 Grower
- 5.3.3 Sow
- 5.4 Cattle
- 5.4.1 Dairy
- 5.4.2 Calf
- 5.4.3 Others
- 5.5 Aquaculture
- 5.5.1 Salmon
- 5.5.2 Trouts
- 5.5.3 Shrimps
- 5.5.4 Carp
- 5.5.5 Others
- 5.6 Pet food
- 5.7 Equine
- 5.8 Others
Chapter 6 Market Size and Forecast, By Region, 2021-2032 (USD Million, Kilo Tons)
- 6.1 Key trends
- 6.2 North America
- 6.2.1 U.S.
- 6.2.2 Canada
- 6.3 Europe
- 6.3.1 Germany
- 6.3.2 UK
- 6.3.3 France
- 6.3.4 Italy
- 6.3.5 Spain
- 6.3.6 Rest of Europe
- 6.4 Asia Pacific
- 6.4.1 China
- 6.4.2 India
- 6.4.3 Japan
- 6.4.4 South Korea
- 6.4.5 Australia
- 6.4.6 Rest of Asia Pacific
- 6.5 Latin America
- 6.5.1 Brazil
- 6.5.2 Mexico
- 6.5.3 Argentina
- 6.5.4 Rest of Latin America
- 6.6 MEA
- 6.6.1 Saudi Arabia
- 6.6.2 UAE
- 6.6.3 South Africa
- 6.6.4 Rest of MEA
Chapter 7 Company Profiles
- 7.1 Alltech
- 7.2 Leiber Germany
- 7.3 ADM
- 7.4 Angel Yeast
- 7.5 Sensient
- 7.6 Lesaffre
- 7.7 Fleischmann's
