Global Feed Yeast Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Type;
Live Yeast, Spent Yeast, Yeast Derivatives, and Others.By Form;
Powder, Liquid, and Others.By Livestock;
Ruminants, Poultry, Swine, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).Introduction
Global Feed Yeast Market (USD Million), 2020 - 2030
In the year 2023, the Global Feed Yeast Market was valued at USD 4,681.09 million. The size of this market is expected to increase to USD 6,652.92 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.
The Feed Yeast Market is anticipated to witness a steady growth trajectory, with a projected Compound Annual Growth Rate (CAGR) from 2022 to 2030, ultimately reaching a market value by the end of 2030. Yeast, a eukaryotic single-celled microorganism belonging to the kingdom fungi, plays a crucial role in the digestive processes of herbivorous animals. Particularly in the feed of livestock, yeast serves as a significant microbial additive, aiding in the digestion of plant-based foods, especially in ruminants. Products containing active yeast have been observed to promote beneficial microflora in cattle, thereby influencing animal growth positively. Feed Yeast contributes to enhancing nitrogen utilization and reducing acidosis in animals, while also serving as a clean protein source in meat products. These factors collectively propel the growth of the global feed yeast market. Yeast is extensively utilized in porcine feeds to mitigate the occurrence of diarrhea and boost immunoglobulin levels in sow milk.
Rising awareness regarding animal health management practices globally is poised to further augment the growth rate of the feed yeast market. Regulatory measures such as the European Union's ban on antibiotic growth promoters in animal feed have led to an increased reliance on yeast products in animal nutrition.
Global Feed Yeast Market Recent Developments & Report Snapshot
Recent Developments:
- In October of 2021, BASF and Cargill revealed an expansion of their collaboration aimed at creating and promoting cutting-edge enzyme-based solutions tailored for the animal feed sector.
- In February 2021, ADM disclosed its plan to make a significant equity investment in Acies Bio, a biotechnology firm based in Slovenia. Acies Bio specializes in research and development as well as manufacturing services for the advancement and scaling of synthetic biology and precision fermentation technology, which finds applications in food, agriculture, and industrial sectors.
Parameters | Description |
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Market | Global Feed Yeast Market |
Study Period | 2020 - 2030 |
Base Year (for Feed Yeast Market Size Estimates) | 2023 |
Drivers |
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Restraints |
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Opportunities |
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Segment Analysis
This report extensively covers different segments of Global Feed Yeast Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments.
The Feed Yeast Market is extensively segmented based on livestock, type, form, and region, offering a comprehensive understanding of its dynamics and opportunities. In terms of type, the global market is categorized into live yeast, spent yeast, yeast derivatives, and others, providing insight into the diverse range of yeast-based products available. Further classification based on form includes powder, liquid, and others, reflecting the varied formulations of feed yeast products utilized in the industry. The market segmentation based on livestock identifies key categories such as ruminants, poultry, swine, and others, highlighting the specific nutritional requirements and applications of feed yeast across different animal species. The global market is analyzed across four key regions: North America, Europe, Asia-Pacific, and the rest of the world, allowing for a nuanced understanding of regional market dynamics and growth prospects.
North America, the market is further segmented into the US, Canada, and Mexico, providing detailed insights into the dominant markets within the region. The European feed yeast market is classified into the UK, Germany, France, Italy, Spain, and the rest of Europe, offering a comprehensive view of market trends across major European countries. The market in Asia-Pacific is divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific, reflecting the significant growth potential in emerging markets within the region. The market in the rest of the world is segmented into South America, the Middle East, and Africa, capturing the diverse geographical landscape and opportunities for market expansion beyond the major regions.
Global Feed Yeast Segment Analysis
In this report, the Global Feed Yeast Market has been segmented by Type, Form, Livestock and Geography.
Global Feed Yeast Market, Segmentation by Type
The Global Feed Yeast Market has been segmented by Type into Live Yeast, Spent Yeast, Yeast Derivatives, and Others.
The Feed Yeast Market exhibits promising growth prospects driven by various factors. Among these types, Yeast Derivatives hold the largest market share. Yeast Derivatives are renowned for their versatile applications in brewing, alcohol fermentation, as well as wine and bread production. In the food industry, Yeast Derivatives are valued for their functional qualities, including high nutritional value and the ability to partially substitute salt for taste enhancement.
The growing health concerns and increasing health consciousness among consumers globally present a significant market opportunity for healthy and nutritious ingredients like Yeast Derivatives. As a cost-effective by-product, Yeast Derivatives serve as valuable food supplements that are safe for both human and animal consumption. The rising consumption of food products such as baked goods and dairy items further fuels the demand for Yeast Derivatives in the global market, driving their adoption across various food and beverage applications. Technological advancements in yeast extraction and processing techniques are expected to enhance the quality and functionality of Yeast Derivatives, thereby expanding their potential applications in the food industry. The growing trend towards clean label and natural ingredients in food products is likely to boost the demand for Yeast Derivatives as natural flavor enhancers and nutritional supplements.
Global Feed Yeast Market, Segmentation by Form
The Global Feed Yeast Market has been segmented by Form into Powder, Liquid, and Others.
Powder form of feed yeast provides convenience in handling and storage, making it a popular choice for incorporation into animal feed formulations. Its ease of dispersion and uniform mixing ensure consistent delivery of yeast-derived nutrients to livestock, promoting optimal health and performance. Liquid form of feed yeast offers advantages such as improved palatability and ease of application in feed processing. Liquid yeast supplements can be seamlessly integrated into feed mixtures, providing a homogeneous distribution of active ingredients and enhancing the overall nutritional profile of animal diets. Liquid formulations may offer greater flexibility in dosage adjustments and customization, allowing for precise supplementation based on specific livestock requirements. Beyond powder and liquid forms, other innovative formulations of feed yeast may include encapsulated or microencapsulated formats, offering enhanced stability and targeted delivery of active ingredients for optimized animal nutrition and health.
Global Feed Yeast Market, Segmentation by Livestock
The Global Feed Yeast Market has been segmented by Ruminants, Poultry, Swine, and Others.
The Feed Yeast Market, categorized by livestock, encompasses poultry, ruminants, swine, aquatic animals, pet animals, and other livestock. Poultry, which includes chickens, ducks, turkeys, and geese, holds the largest market share. Among these, chickens, ducks, turkeys, and geese are of primary commercial importance due to their widespread consumption globally. Other birds such as guinea fowl and squabs cater to regional or local demands. Research from the Department of Animal Biosciences at the University of Guelph, Canada, highlights the beneficial effects of incorporating yeast derivatives into poultry feed. Yeast Derivatives aid in mitigating the adverse effects of Coccidiosis on intestinal health and function in broiler chickens. Whole yeast (live or dead) and its derivatives demonstrate the ability to modulate coccidiosis and promote the healing of the intestinal mucosal surface in chickens.
Global Feed Yeast Market, Segmentation by Geography
In this report, the Global Feed Yeast Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Feed Yeast Market Share (%), by Geographical Region, 2023
Asia Pacific emerges as a frontrunner, accounting for the largest market share.This dominance and growth trajectory are primarily attributed to the escalating consumption of meat products across populous nations like China, Thailand, and Japan. The surge in livestock raising activities aimed at generating additional income is anticipated to further propel the feed yeast industry's expansion within the Asia Pacific region. Livestock farming serves as a crucial source of disposable income, particularly among disadvantaged and marginal populations in countries such as India and China. The growing production of poultry and the recognized benefits associated with yeast supplementation in poultry feed are expected to continue driving market growth in this region.
Asia Pacific's dynamic agricultural landscape, coupled with evolving dietary preferences and increasing urbanization, underscores the region's pivotal role in shaping the global feed yeast market. The burgeoning middle-class population's inclination toward protein-rich diets, along with the expansion of animal husbandry practices to meet growing protein demands, further accentuates the significance of feed yeast in ensuring optimal livestock nutrition and productivity. Favorable government initiatives aimed at promoting sustainable livestock farming practices and enhancing food security are expected to bolster market growth in the Asia Pacific region.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Feed Yeast Market.
Drivers:
- Increasing Demand for Livestock Products
- Focus on Animal Health and Nutrition
- Ban on Antibiotic Growth Promoters
- Advancements in Feed Additives
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Increasing Awareness of Feed Quality and Safety: There has been a notable surge in awareness regarding feed quality and safety among livestock producers, feed manufacturers, and regulatory authorities. This growing awareness stems from increasing consumer concerns about food safety and the quality of animal-derived products, coupled with a heightened focus on animal welfare and sustainable agriculture practices. Stakeholders across the feed industry are increasingly prioritizing the sourcing of high-quality feed ingredients, including feed yeast, to ensure the production of safe and nutritious animal products.
Key drivers behind the increasing awareness of feed quality and safety is the recognition of the critical role that nutrition plays in animal health, growth, and performance. Livestock producers and feed manufacturers understand that the quality of feed directly impacts the overall health and productivity of animals, as well as the safety and quality of the meat, milk, and eggs produced. There is a growing emphasis on selecting feed ingredients that meet stringent quality standards and are free from contaminants, toxins, and harmful substances. Feed yeast, known for its nutritional benefits and positive effects on animal digestion and immunity, is increasingly being recognized as a valuable component of high-quality animal nutrition programs.
Regulatory initiatives aimed at ensuring feed safety and quality have further accelerated awareness and compliance efforts within the feed industry. Regulatory authorities worldwide are imposing stricter regulations and standards for feed ingredients and additives, including yeast-based products, to safeguard animal health and consumer interests. These regulations often encompass requirements for ingredient sourcing, manufacturing practices, labeling, and quality control measures. Feed manufacturers are implementing robust quality assurance and traceability systems throughout the supply chain to ensure the integrity and safety of feed products. This heightened regulatory scrutiny, coupled with increasing consumer demand for transparency and accountability in food production, underscores the importance of maintaining high standards of feed quality and safety in the Global Feed Yeast Market.
Restraints:
- Regulatory Hurdles
- Limited Availability of Specialized Yeast Strains
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Environmental Concerns: Environmental Concerns play a significant role in shaping industry dynamics and practices. One primary environmental concern associated with feed yeast production is the generation of wastewater and its subsequent treatment. The fermentation process used to produce yeast often generates significant volumes of wastewater containing organic compounds and nutrients. If not properly managed, this wastewater can pose risks to water bodies and ecosystems through nutrient runoff and contamination, leading to environmental degradation. Feed yeast manufacturers are increasingly adopting sustainable wastewater treatment practices, such as biological treatment systems and wastewater reuse initiatives, to minimize environmental impact and ensure compliance with regulatory standards.
Another environmental concern related to the feed yeast industry is energy consumption during the fermentation process. Fermentation requires energy inputs for heating, cooling, agitation, and other process operations, contributing to greenhouse gas emissions and environmental footprint. To address this concern, feed yeast manufacturers are exploring energy-efficient technologies and renewable energy sources, such as solar and biomass energy, to reduce reliance on fossil fuels and minimize carbon emissions. Process optimization and innovation in fermentation techniques aim to enhance energy efficiency and reduce environmental impact, aligning with broader sustainability objectives and environmental stewardship principles.
The sourcing and utilization of raw materials for feed yeast production raise environmental considerations, particularly regarding land use, deforestation, and biodiversity conservation. Key raw materials such as molasses and grains may compete with food production, leading to land-use conflicts and habitat loss in ecologically sensitive areas. To mitigate these impacts, feed yeast manufacturers are increasingly prioritizing sustainable sourcing practices, including sourcing from certified suppliers, promoting responsible land management practices, and supporting initiatives for agroecological resilience and biodiversity conservation.
Opportunities:
- Focus on Sustainable Livestock Production
- Development of Specialty Yeast Products
- Strategic Collaborations and Partnerships
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Advancements in Feed Processing: Advancements in feed processing techniques play a pivotal role in shaping the landscape of the Global Feed Yeast Market. These advancements encompass a range of innovative technologies and methodologies aimed at enhancing the quality, nutritional value, and efficacy of feed formulations containing yeast additives. One notable advancement is the development of novel processing methods such as microencapsulation and nanoencapsulation, which enable the targeted delivery of yeast-based additives to livestock, ensuring maximum efficacy and bioavailability. Microencapsulation involves encapsulating yeast cells within protective coatings, thereby safeguarding them from harsh environmental conditions and optimizing their survival in the gastrointestinal tract of animals. This technique not only enhances the stability and shelf life of yeast-based feed additives but also enables controlled release mechanisms, ensuring sustained nutrient delivery and absorption in the digestive system.
Advancements in feed processing technologies have led to the integration of precision feeding systems and automated feed delivery mechanisms, enabling precise dosing and administration of yeast-based additives in livestock diets. Automated feed processing equipment equipped with sophisticated control systems and sensors can accurately monitor and adjust feed formulations in real-time, ensuring optimal nutritional balance and performance outcomes. The incorporation of digital technologies such as artificial intelligence (AI) and machine learning algorithms enables data-driven decision-making in feed processing, allowing for customized feed formulations tailored to the specific nutritional requirements and physiological characteristics of different animal species and production stages.
Advancements in feed processing have facilitated the development of customized feed solutions tailored for niche market segments and specific livestock production systems. Feed processing technologies have enabled the production of specialized feed formulations designed for organic farming practices, free-range production systems, and alternative protein sources such as insects and algae. These customized feed solutions not only address the unique nutritional needs and preferences of different livestock species but also align with evolving consumer trends towards sustainable and ethical food production.
Competitive Landscape Analysis
Key players in Global Feed Yeast Market include
- Alltech Inc
- Archer-Daniels-Midland Company
- Kothari Fermentation and Biochem Ltd
- Cargill Inc
- Oriental Yeast India Pvt. Ltd
- Angel Yeast Company
- Hansen A/S
- Lesaffre Yeast Corporation
- Associated British Foods PLC
- LALLEMAND Inc
- Novus Interantional Inc
- Biomin Gmbh
- Leiber GmbH
- Diamond V Mills Incorporated
- Nutreco N.V
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Form
- Market Snapshot, By Livestock
- Market Snapshot, By Region
- Global Feed Yeast Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand for Livestock Products
- Focus on Animal Health and Nutrition
- Ban on Antibiotic Growth Promoters
- Advancements in Feed Additives
- Increasing Awareness of Feed Quality and Safety
- Restraints
- Regulatory Hurdles
- Limited Availability of Specialized Yeast Strains
- Environmental Concerns
- Opportunities
- Focus on Sustainable Livestock Production
- Development of Specialty Yeast Products
- Strategic Collaborations and Partnerships
- Advancements in Feed Processing
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Feed Yeast Market, By Type, 2020 - 2030 (USD Million)
- Live Yeast
- Spent Yeast
- Yeast Derivatives
- Others
- Global Feed Yeast Market, By Form, 2020 - 2030 (USD Million)
- Powder
- Liquid
- Others
- Global Feed Yeast Market, By Livestock , 2020 - 2030 (USD Million)
- Ruminants
- Poultry
- Swine
- Others
- Global Feed Yeast Market, By Geography, 2020 - 2030 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Feed Yeast Market, By Type, 2020 - 2030 (USD Million)
- Competitive Landscape
- Company Profiles
- Alltech Inc
- Archer-Daniels-Midland Company
- Kothari Fermentation and Biochem Ltd
- Cargill Inc
- Oriental Yeast India Pvt. Ltd
- Angel Yeast Company
- Hansen A/S
- Lesaffre Yeast Corporation
- Associated British Foods PLC
- LALLEMAND Inc
- Novus Interantional Inc
- Biomin Gmbh
- Leiber GmbH
- Diamond V Mills Incorporated
- Nutreco N.V
- Company Profiles
- Analyst Views
- Future Outlook of the Market
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