Feed Yeast Market Current Scenario, Size, Share, Trend, Global Analysis and Forecast to 2024

Research Reports

Jan 22, 2021

Market Overview

Global Feed Yeast Market is expected to register a CAGR of 5.8% from 2019 to 2024 and reach USD 2.23 billion by the end of 2024. With growing concern on Animal Nutrition, the feed yeast market is growing at an incremental pace of development on the global stage. In addition to the increasing adoption of pet animals, growing awareness about the livestock health, rising concern on animal nutrition leading to growing demand for healthy meat and other livestock products and increasing compound feed consumption is expected to drive the feed yeast market. Also, increased awareness of feed yeast due to regulations on antibiotic growth promoters, strong performance of livestock market along with low cost of feed yeast will result in surge in demand of feed yeast. However, stringent regulatory framework for the livestock feed products, limited awareness and product availability in undeveloped regions, and environmental concern such as storage conditions will restrict the market growth.

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Major Key Players

The key market players profiled in Feed Yeast Market Report are

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

Regional Analysis

Global Feed Yeast Market is segmented into Europe, North America, APAC and Rest of the World (RoW). Global Feed Yeast market is highly dominated by Europe followed by Asia-Pacific. Asia-Pacific market generates moderate revenue in Feed Yeast segment due to the increasing demand for feed supplement products among the developed countries of these regions. Also, the increasing consumption of meat products and rapidly growing population in developing countries of the Asia Pacific region are pushing the growth of the feed yeast market forward. Countries such as Germany, the U.K, the U.S., and China are the major importers of the feed yeast.

Market Segments

The global Feed Yeast market has been divided into Type, Form, Livestock and Region.

Based on Type: Spent yeast, Live yeast and others

Based on Form: Dry, Liquid and others

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