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Report Description

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 2.13 Billion

CAGR (2024-2029)

5.66%

Fastest Growing Segment

Yeast Derivatives

Largest Market

     Europe

Market Size (2029)

USD 2.93 Billion

Market Overview

Global Feed Yeast Market was valued at USD 2.13 Billion in 2023 and is anticipated to project steady growth in the forecast period with a CAGR of 5.66% through 2029. The Feed Yeast Market refers to the industry involved in the production and distribution of yeast as a feed additive for livestock. Feed yeast is rich in proteins, vitamins, and minerals, making it a highly nutritious supplement for animals. It plays a significant role in enhancing feed digestibility, improving animal health, and boosting growth performance. The market includes a range of products, such as live yeast, spent yeast, and yeast derivatives, supplied to various sectors of the livestock industry, including poultry, swine, ruminants, and aquaculture.

Key Market Drivers

Growing Demand in Natural & Organic Animal Feed

The global demand for feed yeast is experiencing a notable upswing, propelled by the growing preference for natural and organic animal feed across the agriculture and livestock industries. As consumers increasingly prioritize sustainability and health, there is a corresponding surge in demand for feed additives derived from natural sources. Feed yeast, being a rich source of essential nutrients, including proteins, vitamins, and minerals, aligns seamlessly with the trend toward natural and organic animal nutrition.

Livestock producers and feed manufacturers are recognizing the value of incorporating feed yeast into animal diets as a sustainable alternative to synthetic additives. Feed yeast contributes not only to improved animal growth and performance but also to the overall well-being of livestock and poultry. This shift in demand is particularly pronounced as the industry seeks to reduce reliance on synthetic additives and embrace more eco-friendly and transparent agricultural practices.

The global market response reflects a strategic shift towards natural and organic solutions in animal feed, where feed yeast plays a pivotal role in meeting the evolving preferences of both producers and consumers. As sustainability becomes a focal point in the agriculture sector, the demand for feed yeast is set to remain robust, underscoring its integral position in promoting the health and productivity of livestock and poultry while aligning with the broader goals of environmentally conscious and health-conscious animal farming practices worldwide.

Rise Of Industrial Livestock Farming

The global demand for feed yeast is experiencing a notable surge, driven by the rise of industrial livestock farming practices worldwide. As the scale and intensity of livestock production increase to meet the growing demand for meat and dairy products, there is a corresponding need for efficient and nutritionally optimized animal feed. Feed yeast, with its rich content of proteins, vitamins, and minerals, emerges as a valuable additive to enhance the nutritional profile of feed in large-scale industrial farming operations.

Industrial livestock farming, characterized by high-density animal populations and optimized production processes, places a premium on feed efficiency and animal performance. Feed yeast has gained prominence as a feed ingredient due to its capacity to support digestive health, improve nutrient utilization, and enhance overall growth rates in livestock and poultry. The demand for feed yeast in the context of industrial farming reflects a strategic approach to meeting the nutritional requirements of large animal populations efficiently.

As industrial livestock farming continues to expand globally to meet the demands of a growing population, the demand for feed yeast is set to remain robust. The incorporation of feed yeast into feed formulations aligns with the industry's focus on maximizing productivity while maintaining the health and well-being of animals. This trend underscores the pivotal role that feed yeast plays in supporting the sustainability and efficiency of industrial livestock farming practices on a global scale.

Increasing Popularity of Probiotics in Animal Nutrition

The global demand for feed yeast is experiencing a significant upswing, propelled by the increasing popularity of probiotics in animal nutrition. Probiotics, known for their positive impact on gut health and overall well-being, have garnered widespread recognition across the agriculture and livestock industries. As the emphasis on sustainable and science-backed animal nutrition grows, feed yeast is gaining prominence as a valuable source of natural probiotics.

Livestock producers and feed manufacturers are increasingly incorporating feed yeast into animal diets to harness its probiotic properties. Feed yeast supports the balance of the gut microbiota, promoting digestive health and improving nutrient absorption in animals. The surge in demand for feed yeast is particularly notable as probiotics gain traction as essential components of animal nutrition plans aimed at enhancing performance, immune function, and overall health. The global market response reflects a strategic shift toward natural and holistic approaches in animal nutrition, where the synergistic benefits of probiotics in feed yeast align with the industry's evolving preferences. The popularity of probiotics in animal nutrition signifies a commitment to responsible farming practices and the well-being of livestock and poultry. As the demand for probiotics continues to grow, feed yeast is poised to remain a key player in meeting the rising expectations for sustainable and health-conscious animal nutrition on a global scale.

Advances In Yeast Production Technologies

The global demand for feed yeast is experiencing a notable upsurge, driven by significant advances in yeast production technologies across the agriculture and livestock industries. The ongoing innovation in fermentation processes and biotechnological techniques has revolutionized the efficiency and scalability of yeast production. As a result, feed yeast, which serves as a valuable source of proteins, vitamins, and minerals, is gaining increased attention and utilization in animal nutrition.

The advancements in yeast production technologies have enabled the industry to meet the growing demand for high-quality and sustainable feed ingredients. Novel approaches, such as precision fermentation and enhanced cultivation methods, have increased the yield and consistency of feed yeast, making it an attractive choice for livestock producers and feed manufacturers. The improved production efficiency also contributes to cost-effectiveness, enhancing the economic viability of incorporating feed yeast into animal diets.

The global market response underscores the pivotal role played by technological advancements in boosting the demand for feed yeast. Stakeholders recognize that the continuous evolution of yeast production methods aligns with the industry's goals of enhancing animal health, performance, and overall sustainability. As these technologies continue to progress, the demand for feed yeast is poised to remain robust, reflecting the industry's commitment to leveraging cutting-edge solutions for optimal animal nutrition on a global scale.




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Key Market Challenges

Volatility in Raw Material Prices

The global demand for feed yeast is facing a notable decrease, primarily attributed to the volatility in raw material prices within the agriculture and livestock industries. Fluctuations in the costs of key raw materials used in the production of feed yeast, such as grains and sugars, introduce uncertainties and challenges for both feed manufacturers and livestock producers. The unpredictability in raw material prices disrupts supply chains, making it difficult for industry stakeholders to plan and budget effectively, thereby impacting their willingness to invest in feed yeast.

The volatility in raw material prices directly affects the economic viability of feed yeast production, leading to potential increases in overall production costs. This, in turn, influences the pricing of feed yeast-based products, making them less competitive in the market. Livestock producers, facing uncertainties in feed costs, may explore alternative, more cost-stable options, contributing to a decline in the demand for feed yeast. The global market response reflects the industry's sensitivity to fluctuations in raw material prices, with stakeholders becoming cautious in their investment decisions. To mitigate the impact of volatility, industry participants are likely to seek more stable alternatives or adopt risk management strategies. As the feed industry navigates these challenges, stabilizing raw material prices will be crucial to restoring confidence and reinvigorating the demand for feed yeast on a global scale.

High Production Costs

The global demand for feed yeast is experiencing a decline primarily due to high production costs within the agriculture and livestock industries. The process of producing feed yeast involves various intricate steps, including fermentation, processing, and quality control, all of which contribute to the overall production expenses. Factors such as energy costs, raw material procurement, and labor expenses significantly impact the cost structure, making feed yeast products relatively expensive.

The high production costs have a direct bearing on the pricing of feed yeast-based products, making them less competitive in the market. Livestock producers and feed manufacturers, facing budget constraints and seeking cost-effective alternatives, may opt for more economical feed options, contributing to the decrease in demand for feed yeast. High production costs may limit the accessibility of feed yeast to certain market segments, particularly in regions with smaller profit margins.

The global market response reflects the industry's concern about the economic feasibility of incorporating feed yeast into animal diets. Stakeholders are compelled to assess the cost-effectiveness of their feeding strategies, potentially exploring alternative solutions with lower production expenses. Addressing the challenge of high production costs will be pivotal in revitalizing the demand for feed yeast on a global scale and ensuring its continued role as a valuable component in enhancing animal nutrition.

Key Market Trends

Increasing Prevalence of Animal Diseases

The global demand for feed yeast is witnessing a notable surge, driven by the increasing prevalence of animal diseases within the agriculture and livestock sectors. As the frequency and impact of diseases affecting livestock and poultry rise, there is a growing realization that nutritional strategies, including the incorporation of feed yeast, play a pivotal role in supporting animal health and resilience. Feed yeast is gaining prominence due to its rich content of bioavailable nutrients, including proteins, nucleotides, and B-vitamins, which contribute to bolstering the immune system and aiding in the recovery of animals facing health challenges.

Livestock producers and feed manufacturers are recognizing the importance of proactive nutritional interventions to mitigate the impact of diseases on animal populations. The demand for feed yeast is particularly pronounced as a strategic response to combatting disease-related stress and optimizing the overall health of livestock and poultry. The nutritional profile of feed yeast not only addresses the immediate needs of animals facing health challenges but also serves as a preventive measure to enhance the robustness of the immune system.

The global market response reflects the industry's acknowledgment that the prevalence of animal diseases necessitates a multifaceted approach, with nutritional interventions playing a crucial role. As the agriculture and livestock sectors confront evolving disease landscapes, the demand for feed yeast is set to remain robust, marking a transformative era where advanced nutritional strategies are integral to safeguarding the health and well-being of animals on a global scale.

Extensive R&D Activities in The Feed Industry

The global demand for feed yeast is experiencing a substantial upswing, propelled by extensive research and development (R&D) activities within the feed industry. As stakeholders in the agriculture and livestock sectors increasingly recognize the pivotal role of nutrition in animal health and performance, R&D initiatives have been instrumental in uncovering the benefits of feed yeast as a valuable feed ingredient. Rigorous scientific studies and trials have demonstrated the positive impact of feed yeast on animal growth, gut health, and overall productivity.

Advancements in R&D activities have not only elucidated the nutritional benefits of feed yeast but have also contributed to refining production processes, ensuring consistent quality, and expanding the range of applications. The continuous innovation driven by R&D efforts has enhanced the understanding of the complex interactions between yeast-derived components and animal physiology, leading to the development of tailored feed formulations that optimize nutrient utilization.

The global market response underscores the crucial role of R&D in driving the demand for feed yeast. Stakeholders are increasingly incorporating the outcomes of cutting-edge research into their feeding strategies, realizing the potential of feed yeast to address challenges and improve overall animal well-being. As the feed industry continues to prioritize scientific advancements, the demand for feed yeast is set to remain robust, marking a transformative era where extensive R&D activities contribute to the evolution and sustainability of global animal nutrition practices.

Segmental Insights

Type Insights

Based on Type, Yeast Derivatives have emerged as the fastest growing segment in the Global Feed Yeast Market in 2023. This segment's growth can be attributed to its wide application and beneficial characteristics. Yeast derivatives not only enhance animal intestinal health, but they also play a crucial role in boosting the immune system and improving feed efficiency. By promoting a healthy gut environment, these derivatives contribute to overall animal well-being and productivity. The growing emphasis on animal health and the rising demand for high-quality animal products are further expected to propel the growth of the yeast derivatives segment in the feed yeast market. As consumers become increasingly conscious about the safety and nutritional value of animal products, the demand for feed additives that enhance animal health and performance is on the rise. Yeast derivatives, with their proven benefits and versatility, are well-positioned to cater to this growing demand.

Form Insights

Based on Form, Powder have emerged as the dominating segment in the Global Feed Yeast Market in 2023. Its popularity stems from a myriad of factors, including its unparalleled ease of use, exceptional effectiveness in delivering essential nutrition, and unmatched convenience in terms of storage and transportation. The powdered form's remarkable versatility enables it to seamlessly integrate into a wide array of animal feeds, catering to the diverse dietary needs of livestock. This adaptability has made it the preferred choice not only among numerous livestock farmers but also among esteemed feed manufacturers who prioritize quality and efficiency in their production processes. With its proven track record and unparalleled benefits, the powder form of feed yeast continues to solidify its position as the go-to option for enhancing animal nutrition and optimizing feed performance.



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Regional Insights

Based on Region, Europe have emerged as the dominating region in the Global Feed Yeast Market in 2023. This can be attributed to a combination of factors that contribute to its success. Favorable government policies have been put in place, encouraging the use of natural growth promoters in animal nutrition. This not only ensures the well-being of the animals but also promotes sustainable and environmentally-friendly practices. there has been an increasing awareness about animal health, leading to a higher demand for quality animal products. Consumers are now more conscious about the source and quality of the animal products they consume, and this has further boosted the demand for feed yeast in the market. The presence of key market players in the European region has played a significant role in the growth of the Feed Yeast Market. These players bring expertise, innovation, and advanced technologies to the market, driving the overall development and expansion of the industry. With all these factors combined, the European region continues to thrive as the dominant force in the Global Feed Yeast Market, setting the pace for the rest of the world to follow. 

Recent Development

  • In February 2024, Blonk Consultants, in partnership with international experts in agri-food product life cycle assessment (LCA), and Phileo by Lesaffre, conducted a premier LCA of a dairy farm. This included a thorough review by industry specialists. The findings revealed a notable reduction in the carbon footprint (CO2 equivalent per kg of FPCM) by up to 5% during the supplementation period.

Key Market Players

  • Alltech, Inc.
  • Archer Daniels Midland Co.
  • Associated British Foods plc
  • Cargill Inc.
  • DSM Nutritional Products AG
  • Innov Ad NV/SA
  • Kemin Industries, Inc. 
  • Lallemand Inc.
  • Novus International, Inc.
  • Phibro Animal Health Corporation

 By Type

By Form

By Livestock

By Region

 

  • Live Yeast
  • Spent Yeast
  • Yeast Derivatives
  • Others
  • Powder
  • Liquids
  • Others
  • Ruminants
  • Poultry
  • Swine
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 


Report Scope:

In this report, the Global Feed Yeast Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Feed Yeast Market, By Type:

o Live Yeast

o Spent Yeast

o Yeast Derivatives

o Others

  • Feed Yeast Market, By Form:

o Powder

o Liquids

o Others

  • Feed Yeast Market, By Livestock:

o Ruminants

o Poultry

o Swine

o Others

  • Feed Yeast Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Feed Yeast Market.

Available Customizations:

Global Feed Yeast Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Feed Yeast Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.     Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.     Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validations

2.7.  Assumptions and Limitations

3.     Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.     Voice of Customer

5.     Global Feed Yeast Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Type (Live Yeast, Spent Yeast, Yeast Derivatives and Others)

5.2.2.    By Form (Powder, Liquids and Others)

5.2.3.    By Livestock (Ruminants, Poultry, Swine and Others)

5.2.4.    By Region

5.2.5.    By Company (2023)

5.3.  Market Map

6.     North America Feed Yeast Market Outlook

6.1.  Market Size & Forecast        

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type

6.2.2.    By Form

6.2.3.    By Livestock

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Feed Yeast Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.            By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.            By Type

6.3.1.2.2.            By Form

6.3.1.2.3.            By Livestock

6.3.2.    Canada Feed Yeast Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.            By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.            By Type

6.3.2.2.2.            By Form

6.3.2.2.3.            By Livestock

6.3.3.    Mexico Feed Yeast Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.            By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.            By Type

6.3.3.2.2.            By Form

6.3.3.2.3.            By Livestock

7.     Europe Feed Yeast Market Outlook

7.1.  Market Size & Forecast        

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type

7.2.2.    By Form

7.2.3.    By Livestock

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Feed Yeast Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Type

7.3.1.2.2.            By Form

7.3.1.2.3.            By Livestock

7.3.2.    United Kingdom Feed Yeast Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Type

7.3.2.2.2.            By Form

7.3.2.2.3.            By Livestock

7.3.3.    Italy Feed Yeast Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Value

7.3.3.2.        Market Share & Forecasty

7.3.3.2.1.            By Type

7.3.3.2.2.            By Form

7.3.3.2.3.            By Livestock

7.3.4.    France Feed Yeast Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.            By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.            By Type

7.3.4.2.2.            By Form

7.3.4.2.3.            By Livestock

7.3.5.    Spain Feed Yeast Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.            By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.            By Type

7.3.5.2.2.            By Form

7.3.5.2.3.            By Livestock

8.     Asia Pacific Feed Yeast Market Outlook

8.1.  Market Size & Forecast        

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type

8.2.2.    By Form

8.2.3.    By Livestock

8.2.4.    By Country

8.3.  Asia Pacific: Country Analysis

8.3.1.    China Feed Yeast Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Type

8.3.1.2.2.            By Form

8.3.1.2.3.            By Livestock

8.3.2.    India Feed Yeast Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Type

8.3.2.2.2.            By Form

8.3.2.2.3.            By Livestock

8.3.3.    Japan Feed Yeast Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Type

8.3.3.2.2.            By Form

8.3.3.2.3.            By Livestock

8.3.4.    South Korea Feed Yeast Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.            By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.            By Type

8.3.4.2.2.            By Form

8.3.4.2.3.            By Livestock

8.3.5.    Australia Feed Yeast Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.            By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.            By Type

8.3.5.2.2.            By Form

8.3.5.2.3.            By Livestock

9.     South America Feed Yeast Market Outlook

9.1.  Market Size & Forecast        

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type

9.2.2.    By Form

9.2.3.    By Livestock

9.2.4.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Feed Yeast Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Type

9.3.1.2.2.            By Form

9.3.1.2.3.            By Livestock

9.3.2.    Argentina Feed Yeast Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Type

9.3.2.2.2.            By Form

9.3.2.2.3.            By Livestock

9.3.3.    Colombia Feed Yeast Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Type

9.3.3.2.2.            By Form

9.3.3.2.3.            By Livestock

10.  Middle East and Africa Feed Yeast Market Outlook

10.1.             Market Size & Forecast         

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Type

10.2.2. By Form

10.2.3. By Livestock

10.2.4. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Feed Yeast Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type

10.3.1.2.2.         By Form

10.3.1.2.3.         By Livestock

10.3.2. Saudi Arabia Feed Yeast Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type

10.3.2.2.2.         By Form

10.3.2.2.3.         By Livestock

10.3.3. UAE Feed Yeast Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type

10.3.3.2.2.         By Form

10.3.3.2.3.         By Livestock

11.  Market Dynamics

11.1.             Drivers

11.2.             Challenges

12.  Market Trends & Developments

12.1.             Recent Development

12.2.             Mergers & Acquisitions

12.3.             Product Launches

13.  Global Feed Yeast Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.             Competition in the Industry

14.2.             Potential of New Entrants

14.3.             Power of Suppliers

14.4.             Power of Customers

14.5.             Threat of Substitute Products

15.  Competitive Landscape

15.1.             Alltech, Inc.

15.1.1. Business Overview

15.1.2. Company Snapshot

15.1.3. Products & Services

15.1.4. Financials (As Reported)

15.1.5. Recent Developments

15.1.6. Key Personnel Details

15.1.7. SWOT Analysis

15.2.             Archer Daniels Midland Co.

15.3.             Associated British Foods plc

15.4.             Cargill Inc.

15.5.             DSM Nutritional Products AG

15.6.             Innov Ad NV/SA

15.7.             Kemin Industries, Inc. 

15.8.             Lallemand Inc.

15.9.             Novus International, Inc.

15.10.          Phibro Animal Health Corporation

16.  Strategic Recommendations

17.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Feed Yeast Market was estimated to be USD 2.13 Billion in 2023.

Powdered feed yeast dominated the global market due to its ease of use, nutritional effectiveness, and convenient storage and transportation. Its versatility makes it the preferred choice for livestock farmers and feed manufacturers, as it can be seamlessly integrated into various animal feeds.

The Europe region led the Global Feed Yeast Market due to favorable government policies promoting natural growth promoters in animal nutrition, growing awareness about animal health, and a high demand for quality animal products.

Growing demand in natural & organic animal feed and rise of industrial livestock farming are the major drivers for the Global Feed Yeast Market.

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