Animal Feed Inactive Yeast Market Size
Expected to rise at a CAGR of around 3.9% from 2023 to 2032, Animal Feed Inactive Yeast Market size crossed USD 155.92 billion in 2022. Growing animal feed additives need due to increasing livestock output worldwide to enable demand for food among population should enhance the market growth. Yeast is widely utilized in animal feed because of its improved nutritional value, which increases the output of animal feed products and should so meet the demand for them on the market. The animal feed market will be driven by growing demand for sustainability, traceability, and transparency, therefore driving the need for dry yeast.
To get key market trends
As products with enhanced functionality find their way to the market, the animal feed business is growingly competitive. Addition of inactive dry brewer's yeast improves palatability and nutritional value in animal feed. The inclusion of inactive dried yeast increases the high palatability of feed, therefore stimulating feed intake.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Animal Feed Inactive Yeast Market Size in 2022 | USD 155.92 Billion |
| Forecast Period | 2022 to 2028 |
| Forecast Period 2022 to 2028 CAGR | 3.9% |
| 2028 Value Projection | USD 229.88 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 350 |
| Tables, Charts & Figures | 104 |
| Segments covered | Application, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Moreover enhancing the immune system and health and growth performance of cattle is the inclusion of inactive dried yeast. The United Nations FAO projects that the need for food will rise by 60% by 2050, suggesting exciting prospects for producers of inactive dried yeast in the animal feed and animal feed additives sector in the foreseeable future.
COVID-19 Impact
The animal feed inactive yeast market suffers during the covid-19 epidemic. The manufacturer of animal feed inactive yeast has a great difficulty because of supply chain disturbance and constraint. This is a result of the steps Chinese government has done to stop the epidemic from spreading. The COVID-19 epidemic caused disturbance in the worldwide supply chain starting with raw materials.
Animal Feed Inactive Yeast Market Trends
Natural source of protein containing both required and non-essential amino acids, inactive dry yeast is rich in B Complex vitamins, which are vital for energy generation. Made from single cell yeast by non-alcoholic fermentation on molasses, it is It is rendered inactive and dried using roller dryers set on steam-heating. The mixture is then ground to a fine, course powder with a delicate, toasted yeast flavor and a light golden color. Rising demand for premium products results from growing meat consumption driven by consumer tendency toward high protein diets to suit their nutritional needs.
Rising worries about cattle disease outbreaks resulting from high animal concentration and farms have shifted the emphasis to meat safety and sustaining meat quality, which are probably going to affect the industry size. The industry of aquaculture depends on sophisticated commercial aquafeed. The most farmed species on the world are rainbow trout, Atlantic salmon, seabass, and sea breams. Growing fish consumption resulting from its health benefits will stimulate demand for regional products.
Animal Feed Inactive Yeast Market Analysis
Learn more about the key segments shaping this market
In 2022, the animal feed inactive yeast market was ruled by the poultry industry. Poultry farmers widely use inactive dry yeast as a protein and vitamin supplement to strengthen their chickens' immune systems. With more and more people eating meat and farmers raising more animals, the market for inactive dry yeast in Europe is expected to grow steadily. As people become more aware of the importance of consuming protein-rich diets, they're turning to livestock farming to meet their needs. Poultry farmers in Europe are increasingly using inactive dry yeast in their feeds because it helps their birds gain weight and produce more eggs. This increasing demand is expected to drive the market even further in the years to come.
Learn more about the key segments shaping this market
The poultry application segment is poised to show tremendous growth in the animal feed inactive dry yeast market up to 2032. Poultry applications consists of broiler, layer, and turkey. Europe is among the major growing regions in terms of layer feed. Need for a high value protein vitamin product to enhance the poultry health & quality is augmenting the demand for inactive dry yeast. Swine feed segment holds a substantial share in the market in 2022.
Prophylactic properties of inactive dry yeast resulting in increased animal resistance to diseases and improved performance is fuelling the product penetration in Europe. Moreover, favourable properties such as high palatability thus stimulating the feed intake is likely to propel the business growth through swine applications. Moreover, the product offers high protein content, superior amino acid balance, and high levels of Vitamin B, thereby supporting the product adoption rate.
Looking for region specific data?
Germany is the largest consumer of inactive dry yeast in Europe. Large manufacturing capacity along with high consumer spending on quality meat products is driving the business expansion in Germany. Whereas, favourable regulations pertaining to improving the feed quality is anticipated to fuel the industry expansion. Other key factors such as increasing diseases in animals along with rise in consumer health consciousness will support the animal feed inactive dry yeast market demand.
Spain is among the major animal feed manufacturers in Europe and observed a considerable rise in production in 2022. Large meat consumption along with modifications in EU animal feed regulations and export norms in order to improve the end-product quality is likely to escalate the Spain inactive dry yeast market. Ability of livestock producers to try new feed additives to improve the animal health by reducing the chances of various diseases is among the key factors supporting the business expansion in Europe
Animal Feed Inactive Yeast Market Share
Some of the leading companies operating in the animal feed inactive yeast market are
- Angel Yeast
- Lallemand, Inc
- Archer Daniels Midland Company
- Titan Biotech Limited Company Ohly
- Tangshan Top Biotechnology
- ABN Spain (APLICACIONES BIOLOGICAS A LA NUTRICION SL)
- Leiber Gmbh
- Alltech Biotechnology
- Sensient
- BioSpringer (Part of Lesaffre Group)
- AB Mauri.
- Sojuz Produkt Pitaniya
- ICC Brazil (ICC Industrial, Comércio, Exportação e Importação S/A).
These companies are engaged in startergic partneships and colaboration with instllaors and manufacturer of animal feed inactive yeast inorder to gain a competitive advantage in the market.
Animal Feed Inactive Yeast Industry News
- In January 2019, Ohly and Lallemand entered into a strategic partnership through a long-term supply agreement. According to the agreement, Lallemand will take over Ohly’s Hutchinson Torula Yeast facility and associated businesses, which will aid the company to increase its yeast extract production and widen the company’s presence across North America.
- In January 2019, Ohly and Lallemand made a strategic partnership, according to which Ohly decided to divest its Hutchinson Torula yeast facility and associated Torula whole cell business to Lallemand. This initiative was taken in order to better utilize and sustainably secure the future of Hutchinson site.
This animal feed inactive yeast market research report includes in-depth coverage of the industry with estimates & forecast in terms revenue in USD Million from 2018 to 2032 for the following segments
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Market, By Application
Poultry
- Broiler,
- Layer,
- Turkey
- Swine
- Starter
- Grower
- Sow
- Cattle
- Dairy,
- Calf
- Aquaculture
- Salmon,
- Trout’s,
- Shrimps,
- Carp
- Pet food
- Others
The above information has been provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East
- South Africa
- Saudi Arabia
- UAE
- Egypt
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