Feed Yeast Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The global feed yeast market is on a remarkable growth trajectory, with a predicted expansion from 2024 to 2031, according to a recent analysis by Fairfield Market Research. The market, valued at US$ 655 million for 2024, is poised to touch a valuation of around US$ 995 million by the end of 2031, as per the findings by Fairfield Market Research.
Here are the key trends shaping the market for feed yeast:
• Rising Demand for Compound Feed Among Customers: The need for nutritious animal feed is paramount for various stakeholders, including cattle farmers, pet owners, and equine-related manufacturers. Compound feed, which combines cereals, protein meals, feed supplements, and additional ingredients, is fulfilling this demand. It provides the right balance of nutrients, positively impacting animal productivity and health. Yeast-based ingredients are a prominent source of high protein, amino acids, energy, and micronutrients.
• Microbial Protein Sources Opening New Avenues: Microbial sources of protein are gaining popularity as alternatives for animal feed. Brewer's yeast, for instance, contains 46.5% crude protein, similar to soybean meal, and offers a high concentration of amino acids and energy. Products like ADM Animal Nutrition's Versity, a yeast-based protein source for pet food, are leading the way with balanced essential amino acids and low levels of fat and calcium.
• Antibiotics Replacement Positively Benefiting Feed Yeast Sales: The decline in the use of antibiotics in livestock, due to concerns about their impact on human and environmental health, is driving the demand for yeast-based ingredients. These ingredients improve digestion and provide essential nutrients to animals, making them ideal replacements for antibiotics.
• Utilization of Advanced Ingredients for Animal Nutrition: Research and development play a significant role in enhancing animal feed. Ingredients like brewer's yeast and dried yeast are widely used to improve digestion and provide essential amino acids, vitamins, and minerals to animals.
Country-wise Insights:
• North America and Europe dominate the global feed yeast market, accounting for over 50% of the market share in 2024.
• In Latin America, the feed yeast market is expected to grow due to the increasing popularity of different animal nutrition products such as probiotics and fed microbial supplements.
Competitive Analysis:
Major manufacturers in the feed yeast market are focusing on innovation, acquisition, and business expansion strategies. Leading market players such as Alltech Inc., Cargill Incorporated, and Archer Daniels Midland Company are committed to providing innovative feed yeast products and maintaining the highest quality standards. With the global rise in poultry and livestock production and the growing demand for yeast derivatives and yeast-based products, manufacturers are investing in research and development and advanced technology to strengthen their production capabilities.
Key Companies Profiled:
• Alltech Inc. (U.S.)
• Cargill, Incorporated (U.S.)
• Lallemand Animal Nutrition, Inc. (Canada)
• Archer Daniels Midland Company
• ABF Ingredients
• Lesaffre (France)
• Leiber GmbH (Germany)
• Angel Yeast Co., Ltd (China)
• DSM (Netherlands)
• Biomin GmbH (Austria)
• Novus International Inc. (U.S.)
• FADA Yeast (China)
Feed Yeast Industry Research by Category
By Product Type:
• Live
• Spent
• Yeast Derivatives
By Livestock:
• Poultry
• Ruminants
• Swine
• Aquatic Animals
• Other Livestock Animals
By Form
• Fresh
• Dry
• Instant
By Region:
• North America
• Latin America
• Europe
• South Asia & Pacific
• East Asia
• Middle East & Africa
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