PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1258799
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1258799
Feed Yeast Market Forecasts to 2028 - Global Analysis By Product (Live, Yeast Derivatives and Spent), Livestock (Ruminants, Swine and Other Livestock Animals), Form and By Geography
According to Stratistics MRC, the Global Feed Yeast Market is accounted for $7.05 billion in 2022 and is expected to reach $10.70 billion by 2028 growing at a CAGR of 7.20% during the forecast period. Animal feed sometimes contains yeast, which is a significant source of protein since it has the capacity to convert cellulosic biomass, to use non-food jargon, into a good supply of protein. Due to its relative higher protein, amino acid, energy, and micronutrient content than other supplementary products, it is utilised as a supplement in animal feeds. In addition to improving feed intake and rumen bacterial population, feed yeast also aids cattle by lowering protozoa and methanogen populations. Animals such as pets like dogs, cats, and horses, as well as aquatic creatures, poultry, pigs, and ruminants, among others, need feed yeast to be healthy.
Market Dynamics:
Driver:
Increasing nutritional benefits from yeast-based feed products
The environment contains a significant amount of yeast. Many natural materials, including honey, fruits, dirt, water, flowers, leaves, and stems, are used to isolate some yeasts. Yeasts are also found in feed materials such grains, silage, and hay. The majority of yeast species have no influence on humans or animals; however some can have either beneficial or negative impacts. Several yeast genera have numerous commercial uses outside of animal feed, including in the brewing, bakery, food and flavouring, pharmaceutical, and bioethanol fuel generation industries.
Restraint:
Competition for basic raw materials
The production of feed yeast and its extracts may be significantly impacted by changes in the world's raw material supply for the yeast industry. The crucial ingredient in the creation of yeast is molasses, a sugar by-product. Poor sugarcane and sugar beetroot yields are the main cause of this shortage, which has occurred for a variety of reasons. Due to the high demand for brewer's yeast in the baking and alcohol industries, a further shortage in the supply of raw materials for the production of feed yeast may have an impact on the price of the finished product. This would ultimately have an impact on the demand for yeast products among feed producers and livestock farmers.
Opportunity:
Innovations in the animal feed industry
Manufacturers now have numerous opportunities to develop new products in the segments of animal nutrition and feed additives because of advances in technology in the animal feed industry. This innovation uses yeast as a feed additive in the diets of swine, ruminants, and poultry. It is a yeast-based technology. This is among the finest alternatives to the use of antibiotics to enhance the performance and health of animals. Such yeast-based bioactive technology can be a good replacement for livestock producers in the coming years because the use of antibiotics in animal feed is now prohibited. According to estimates, the innovation will boost the final feed products' enzyme activity and antimicrobial qualities.
Threat:
Commercialization of duplicate and low-quality products
The duplication of items has been caused by opaque patent protection rules and regulatory compliance in different nations. Local or regional producers also release low-quality goods onto the market in an effort to capitalise on the rising demand for feed yeast. Duplicate and subpar goods can lead to health problems in animals and are a major source of worry for farmers. Many small businesses in Asia Pacific's developing markets sell yeast-based feed ingredients without endorsing any particular brand, and they do so in an effort to boost their revenues. These regional suppliers entice feed producers by providing lower costs for their inferior feed yeast components.
COVID-19 Impact:
The current COVID-19 scenario is anticipated to have a minor effect on the expansion of the feed yeast business. The demand for feed yeast is anticipated to be driven by factors such as rising animal health concerns and rising consumption of animal-based goods. However, it is anticipated that several variables will have a short-term influence on the production and supply of feed yeast, including a manpower shortage, limits on international trade, and decreased consumer demand for livestock products.
The poultry segment is expected to be the largest during the forecast period
The poultry segment is estimated to have a lucrative growth. Producers of poultry are being pushed to utilise yeast feed since it helps to increase the quality of the meat, enhance weight gain, and improve feed utilisation as a result of the rising demand for healthy and superior quality poultry meat. Additionally, it is anticipated that the numerous advantages of yeast supplements for ruminants, including improved milk quality, selenium content, and immune response, will increase demand for ruminant feed containing yeast.
The dry segment is expected to have the highest CAGR during the forecast period
The dry segment is anticipated to witness the fastest CAGR growth during the forecast period. Dry yeast is typically used alone or in combination with beneficial bacteria. Due to their relative higher energy, protein, amino acid, and micronutrient contents when compared to oilseed meals and common feed grains, nutritive dry yeasts are used as supplements in animal feeds. The dry yeast supplements increased farm animals' hunger, which is projected to increase their consumption of feed and, in turn, increase their daily weight gain.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the accessibility of advanced technologies and the presence of significant industry players like Archer Daniels Midland Company, Alltech Inc., and others in the region. It is anticipated that producers of animal meat will use feed yeast more frequently to enhance the overall quality of the meat as a result of rising consumer demand for high- and premium-grade meat.
Region with highest CAGR:
Asia Pacific is projected to have the highest CAGR over the forecast period. For poor and marginalised populations in nations like India, China, and others, livestock is a significant source of disposable income. The region's poultry market is expected to continue to grow favourably as a result of increased chicken production and the advantages of adding yeast to poultry feed. For instance, poultry feed containing yeast can assist improve the intestinal health of boiler chickens and help raise the feed exchange ratio, both of which can have a good effect on the meat yield.
Key players in the market:
Some of the key players profiled in the Feed Yeast Market include: Archer Daniels Midland Company, Nutreco NV, Alltech Inc., Leiber GmbH, Bio Sunkeen Co. Ltd, Wester Yeast Company, Associated British Foods PLC, Lallemand Inc., Shenyang Fada Co. Ltd, Angel Yeast Co. Ltd, Lesaffre Group, Cargill Inc., Oriental Yeast India Pvt.Ltd., Hansen A/S, Novus International Inc. and Daimond V Mills Incorporation.
Key Developments:
In July 2021, Nutreco NV acquired Bigsal from H.I.G. Capital, and it will become part of Nutreco's animal nutrition division Trouw Nutrition. This investment is key to expanding and strengthening Trouw Nutrition's business in northern Brazil and the availability of feed yeast products in the country.
In January 2019, Ohly announced that it has signed an agreement of a partnership for the divestment of Ohly's Hutchinson Torula Yeast facility. This partnership is expected to guarantee Ohly to get a constant source of whole cells of Torula goods which is predicted to strengthen the market prominence of Ohly.
In August 2018, Archer Daniels Midland Company signed an agreement to acquire Probiotics International Limited. Probiotic International Limited deals with the production of probiotic supplements for pets, and animal.This acquisition is expected to help the ADM Company to strengthen its market coverage and product portfolio.
Products Covered:
- Live
- Yeast Derivatives
- Spent
Livestock's Covered:
- Ruminants
- Swine
- Poultry
- Aquatic Animals
- Pet Animals
- Other Livestock Animals
Forms Covered:
- Dry
- Fresh
- Instant
- Other Forms
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Feed Yeast Market, By Product
- 5.1 Introduction
- 5.2 Live
- 5.3 Yeast Derivatives
- 5.4 Spent
6 Global Feed Yeast Market, By Livestock
- 6.1 Introduction
- 6.2 Ruminants
- 6.3 Swine
- 6.4 Poultry
- 6.5 Aquatic Animals
- 6.6 Pet Animals
- 6.7 Other Livestock Animals
7 Global Feed Yeast Market, By Form
- 7.1 Introduction
- 7.2 Dry
- 7.3 Fresh
- 7.4 Instant
- 7.5 Other Forms
8 Global Feed Yeast Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Archer Daniels Midland Company
- 10.2 Nutreco NV
- 10.3 Alltech Inc.
- 10.4 Leiber GmbH
- 10.5 Bio Sunkeen Co. Ltd
- 10.6 Wester Yeast Company
- 10.7 Associated British Foods PLC
- 10.8 Lallemand Inc.
- 10.9 Shenyang Fada Co. Ltd
- 10.10 Angel Yeast Co. Ltd
- 10.11 Lesaffre Group
- 10.12 Cargill Inc.
- 10.13 Oriental Yeast India Pvt.Ltd.
- 10.14 Hansen A/S
- 10.15 Novus International Inc.
- 10.16 Daimond V Mills Incorporation
List of Tables
- Table 1 Global Feed Yeast Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Feed Yeast Market Outlook, By Product (2020-2028) ($MN)
- Table 3 Global Feed Yeast Market Outlook, By Live (2020-2028) ($MN)
- Table 4 Global Feed Yeast Market Outlook, By Yeast Derivatives (2020-2028) ($MN)
- Table 5 Global Feed Yeast Market Outlook, By Spent (2020-2028) ($MN)
- Table 6 Global Feed Yeast Market Outlook, By Livestock (2020-2028) ($MN)
- Table 7 Global Feed Yeast Market Outlook, By Ruminants (2020-2028) ($MN)
- Table 8 Global Feed Yeast Market Outlook, By Swine (2020-2028) ($MN)
- Table 9 Global Feed Yeast Market Outlook, By Poultry (2020-2028) ($MN)
- Table 10 Global Feed Yeast Market Outlook, By Aquatic Animals (2020-2028) ($MN)
- Table 11 Global Feed Yeast Market Outlook, By Pet Animals (2020-2028) ($MN)
- Table 12 Global Feed Yeast Market Outlook, By Other Livestock Animals (2020-2028) ($MN)
- Table 13 Global Feed Yeast Market Outlook, By Form (2020-2028) ($MN)
- Table 14 Global Feed Yeast Market Outlook, By Dry (2020-2028) ($MN)
- Table 15 Global Feed Yeast Market Outlook, By Fresh (2020-2028) ($MN)
- Table 16 Global Feed Yeast Market Outlook, By Instant (2020-2028) ($MN)
- Table 17 Global Feed Yeast Market Outlook, By Other Forms (2020-2028) ($MN)
- Table 18 North America Feed Yeast Market Outlook, By Country (2020-2028) ($MN)
- Table 19 North America Feed Yeast Market Outlook, By Product (2020-2028) ($MN)
- Table 20 North America Feed Yeast Market Outlook, By Live (2020-2028) ($MN)
- Table 21 North America Feed Yeast Market Outlook, By Yeast Derivatives (2020-2028) ($MN)
- Table 22 North America Feed Yeast Market Outlook, By Spent (2020-2028) ($MN)
- Table 23 North America Feed Yeast Market Outlook, By Livestock (2020-2028) ($MN)
- Table 24 North America Feed Yeast Market Outlook, By Ruminants (2020-2028) ($MN)
- Table 25 North America Feed Yeast Market Outlook, By Swine (2020-2028) ($MN)
- Table 26 North America Feed Yeast Market Outlook, By Poultry (2020-2028) ($MN)
- Table 27 North America Feed Yeast Market Outlook, By Aquatic Animals (2020-2028) ($MN)
- Table 28 North America Feed Yeast Market Outlook, By Pet Animals (2020-2028) ($MN)
- Table 29 North America Feed Yeast Market Outlook, By Other Livestock Animals (2020-2028) ($MN)
- Table 30 North America Feed Yeast Market Outlook, By Form (2020-2028) ($MN)
- Table 31 North America Feed Yeast Market Outlook, By Dry (2020-2028) ($MN)
- Table 32 North America Feed Yeast Market Outlook, By Fresh (2020-2028) ($MN)
- Table 33 North America Feed Yeast Market Outlook, By Instant (2020-2028) ($MN)
- Table 34 North America Feed Yeast Market Outlook, By Other Forms (2020-2028) ($MN)
- Table 35 Europe Feed Yeast Market Outlook, By Country (2020-2028) ($MN)
- Table 36 Europe Feed Yeast Market Outlook, By Product (2020-2028) ($MN)
- Table 37 Europe Feed Yeast Market Outlook, By Live (2020-2028) ($MN)
- Table 38 Europe Feed Yeast Market Outlook, By Yeast Derivatives (2020-2028) ($MN)
- Table 39 Europe Feed Yeast Market Outlook, By Spent (2020-2028) ($MN)
- Table 40 Europe Feed Yeast Market Outlook, By Livestock (2020-2028) ($MN)
- Table 41 Europe Feed Yeast Market Outlook, By Ruminants (2020-2028) ($MN)
- Table 42 Europe Feed Yeast Market Outlook, By Swine (2020-2028) ($MN)
- Table 43 Europe Feed Yeast Market Outlook, By Poultry (2020-2028) ($MN)
- Table 44 Europe Feed Yeast Market Outlook, By Aquatic Animals (2020-2028) ($MN)
- Table 45 Europe Feed Yeast Market Outlook, By Pet Animals (2020-2028) ($MN)
- Table 46 Europe Feed Yeast Market Outlook, By Other Livestock Animals (2020-2028) ($MN)
- Table 47 Europe Feed Yeast Market Outlook, By Form (2020-2028) ($MN)
- Table 48 Europe Feed Yeast Market Outlook, By Dry (2020-2028) ($MN)
- Table 49 Europe Feed Yeast Market Outlook, By Fresh (2020-2028) ($MN)
- Table 50 Europe Feed Yeast Market Outlook, By Instant (2020-2028) ($MN)
- Table 51 Europe Feed Yeast Market Outlook, By Other Forms (2020-2028) ($MN)
- Table 52 Asia Pacific Feed Yeast Market Outlook, By Country (2020-2028) ($MN)
- Table 53 Asia Pacific Feed Yeast Market Outlook, By Product (2020-2028) ($MN)
- Table 54 Asia Pacific Feed Yeast Market Outlook, By Live (2020-2028) ($MN)
- Table 55 Asia Pacific Feed Yeast Market Outlook, By Yeast Derivatives (2020-2028) ($MN)
- Table 56 Asia Pacific Feed Yeast Market Outlook, By Spent (2020-2028) ($MN)
- Table 57 Asia Pacific Feed Yeast Market Outlook, By Livestock (2020-2028) ($MN)
- Table 58 Asia Pacific Feed Yeast Market Outlook, By Ruminants (2020-2028) ($MN)
- Table 59 Asia Pacific Feed Yeast Market Outlook, By Swine (2020-2028) ($MN)
- Table 60 Asia Pacific Feed Yeast Market Outlook, By Poultry (2020-2028) ($MN)
- Table 61 Asia Pacific Feed Yeast Market Outlook, By Aquatic Animals (2020-2028) ($MN)
- Table 62 Asia Pacific Feed Yeast Market Outlook, By Pet Animals (2020-2028) ($MN)
- Table 63 Asia Pacific Feed Yeast Market Outlook, By Other Livestock Animals (2020-2028) ($MN)
- Table 64 Asia Pacific Feed Yeast Market Outlook, By Form (2020-2028) ($MN)
- Table 65 Asia Pacific Feed Yeast Market Outlook, By Dry (2020-2028) ($MN)
- Table 66 Asia Pacific Feed Yeast Market Outlook, By Fresh (2020-2028) ($MN)
- Table 67 Asia Pacific Feed Yeast Market Outlook, By Instant (2020-2028) ($MN)
- Table 68 Asia Pacific Feed Yeast Market Outlook, By Other Forms (2020-2028) ($MN)
- Table 69 South America Feed Yeast Market Outlook, By Country (2020-2028) ($MN)
- Table 70 South America Feed Yeast Market Outlook, By Product (2020-2028) ($MN)
- Table 71 South America Feed Yeast Market Outlook, By Live (2020-2028) ($MN)
- Table 72 South America Feed Yeast Market Outlook, By Yeast Derivatives (2020-2028) ($MN)
- Table 73 South America Feed Yeast Market Outlook, By Spent (2020-2028) ($MN)
- Table 74 South America Feed Yeast Market Outlook, By Livestock (2020-2028) ($MN)
- Table 75 South America Feed Yeast Market Outlook, By Ruminants (2020-2028) ($MN)
- Table 76 South America Feed Yeast Market Outlook, By Swine (2020-2028) ($MN)
- Table 77 South America Feed Yeast Market Outlook, By Poultry (2020-2028) ($MN)
- Table 78 South America Feed Yeast Market Outlook, By Aquatic Animals (2020-2028) ($MN)
- Table 79 South America Feed Yeast Market Outlook, By Pet Animals (2020-2028) ($MN)
- Table 80 South America Feed Yeast Market Outlook, By Other Livestock Animals (2020-2028) ($MN)
- Table 81 South America Feed Yeast Market Outlook, By Form (2020-2028) ($MN)
- Table 82 South America Feed Yeast Market Outlook, By Dry (2020-2028) ($MN)
- Table 83 South America Feed Yeast Market Outlook, By Fresh (2020-2028) ($MN)
- Table 84 South America Feed Yeast Market Outlook, By Instant (2020-2028) ($MN)
- Table 85 South America Feed Yeast Market Outlook, By Other Forms (2020-2028) ($MN)
- Table 86 Middle East & Africa Feed Yeast Market Outlook, By Country (2020-2028) ($MN)
- Table 87 Middle East & Africa Feed Yeast Market Outlook, By Product (2020-2028) ($MN)
- Table 88 Middle East & Africa Feed Yeast Market Outlook, By Live (2020-2028) ($MN)
- Table 89 Middle East & Africa Feed Yeast Market Outlook, By Yeast Derivatives (2020-2028) ($MN)
- Table 90 Middle East & Africa Feed Yeast Market Outlook, By Spent (2020-2028) ($MN)
- Table 91 Middle East & Africa Feed Yeast Market Outlook, By Livestock (2020-2028) ($MN)
- Table 92 Middle East & Africa Feed Yeast Market Outlook, By Ruminants (2020-2028) ($MN)
- Table 93 Middle East & Africa Feed Yeast Market Outlook, By Swine (2020-2028) ($MN)
- Table 94 Middle East & Africa Feed Yeast Market Outlook, By Poultry (2020-2028) ($MN)
- Table 95 Middle East & Africa Feed Yeast Market Outlook, By Aquatic Animals (2020-2028) ($MN)
- Table 96 Middle East & Africa Feed Yeast Market Outlook, By Pet Animals (2020-2028) ($MN)
- Table 97 Middle East & Africa Feed Yeast Market Outlook, By Other Livestock Animals (2020-2028) ($MN)
- Table 98 Middle East & Africa Feed Yeast Market Outlook, By Form (2020-2028) ($MN)
- Table 99 Middle East & Africa Feed Yeast Market Outlook, By Dry (2020-2028) ($MN)
- Table 100 Middle East & Africa Feed Yeast Market Outlook, By Fresh (2020-2028) ($MN)
- Table 101 Middle East & Africa Feed Yeast Market Outlook, By Instant (2020-2028) ($MN)
- Table 102 Middle East & Africa Feed Yeast Market Outlook, By Other Forms (2020-2028) ($MN)
