Market Synopsis:

According to Market Research Future (MRFR)’s latest report, the global feed yeast market is poised to expand significantly during the forecast period 2017 to 2023. Yeast enhances the performance of feed by facilitating the secretion of vital digestive enzymes and immune stimulation. Additionally, feed yeast holds anti-microbial, anti-bacterial, antiviral, and antioxidant properties which are likely to drive the growth of the market in the forthcoming years.

Feed yeast is gaining traction in the market as it serves as a natural promoter of growth. It has emerged as an effective alternative to the antibiotics used in the poultry production. This, in turn, is projected to catapult the feed yeast market on an upward trajectory.

The increasing concerns among people regarding health coupled with rising awareness about the benefits of yeast in livestock feed are driving the growth of the feed yeast market globally. The trend is prognosticated to perpetuate in the upcoming years. Additionally, an upsurge in demand for clean sources of protein in meat has been forecasted. The thriving meat industry is expected to have a favorable impact on the expansion of the feed yeast market over the next couple of years.

Market Segmentation:

By type, the feed yeast market has been segmented into live yeast, spent yeast, and others. Among these, the live yeast segment is currently dominating the global market and is likely to retain its prominence over the next few years.

By form, the global feed yeast market has been segmented into dry, liquid, and others. The dry segment is likely to hold a major share of the market owing to higher stability, ease of handling, and storage.

By livestock, the feed yeast market has been segmented into poultry, swine, ruminants, aquatic, and others. Among these, the poultry segment presently holds the maximum share of the market. Meanwhile, the aquatic segment is projected to exhibit moderate growth in the foreseeable future.

Regional Insights:

By region, the global feed yeast market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. Europe holds the most significant share of the market at present and is likely to exhibit tremendous growth over the next couple of years. The factors favoring the growth of the regional feed yeast market include rising demand for meat products, increasing awareness regarding livestock health, growing demand for feed supplement products, etc. The important country-level markets of the region are Germany and the U.K.

Asia Pacific is poised to witness tremendous growth in the forthcoming years. The exponential population, increasing focus on animal nutrition, rising consumption of meat, etc. are responsible for accelerating the revenue creation for participants of the regional feed yeast market.  The rising demand for meat products is likely to fuel demand in the market in North America. It is projected to expand substantially over the assessment period.

Competitive Dashboard:

Some of the key players profiled in the report are Nutreco N.V. (the Netherlands), Associated British Foods plc (U.K), Angelyeast Co., Ltd. (China), Diamond V Mills, Inc. (U.S.), Nutreco N.V. (the Netherlands), Alltech, Inc. (U.S.), Cargill Inc. (Germany), Leiber GmbH (Germany), Archer-Daniels-Midland Company (U.S.), Lesaffre Yeast Corporation (U.S.), and Lallemand Inc. (Canada).

Access Report Details @ https://www.marketresearchfuture.com/reports/feed-yeast-market-5196

Industry Developments:

In September 2018, Canadian Bio-Systems Inc. has launched its new Feed Science Platforms (FSPs) which offers a comprehensive portfolio of advanced bio-based feed technology solutions for benefitting the swine, poultry, aquaculture, and ruminant production. The FSPs include five areas of innovative feed technology which includes enhanced yeast technology.

In September 2018, the subsidiary of Canadian business Lallemand Inc., Mascoma LLC, has partnered with Israeli biotech start-up, NextFerm, for the production of high-end, science-based, yeast-based and fermentation-derived ingredients for the feed industry.

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