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Animal Feed Inactive Dry Yeast Market Size

  • Report ID: GMI10503
  • Published Date: Jul 2024
  • Report Format: PDF

Animal Feed Inactive Dry Yeast Market Size

Animal Feed Inactive Dry Yeast Market Size was valued at around USD 162.3 billion in 2023 and is anticipated to register a CAGR of over 3.9% between 2024 and 2032. The demand for animal feed inactive dry yeast is primarily driven by its role as a nutritional supplement that enhances animal growth and health.

 

Inactive dry yeast is rich in essential nutrients, including proteins, vitamins, and minerals, which support overall animal well-being and improve feed efficiency. Additionally, its use in feed helps boost the immune system and promotes better digestion, leading to healthier livestock and increased productivity. The growing focus on optimizing animal nutrition and the rise in livestock production worldwide further fuel the market demand. As producers seek cost-effective and high-quality feed solutions, inactive dry yeast remains a valuable ingredient in the animal feed industry. Thus, the market is expected to attain a market value of over USD 229 billion by 2032.

 

The high cost of inactive dry yeast is a significant pitfall for its widespread adoption in the animal feed market. Compared to alternative feed additives, inactive dry yeast can be more expensive due to its specialized production process and nutrient-rich composition. This higher cost may deter cost-sensitive producers and smaller-scale farms from using it, especially in regions with tight profit margins. Consequently, the premium price can limit its accessibility and growth in markets where affordability is a key concern. Balancing the cost with its nutritional benefits remains a challenge for broader market penetration.

 

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Animal feed inactive dry yeast industry size was USD 162.3 billion in 2023 and will expand at 3.9% CAGR between 2024 and 2032, owing to the rising demand for high-quality livestock nutrition, increasing awareness about animal health, and the need for sustainable feed solutions.

The poultry segment will surpass USD 108.5 billion by 2032, propelled by the high demand for poultry products and the emphasis on enhancing poultry health and productivity.

Europe animal feed inactive dry yeast industry will reach USD 97.7 billion by 2032 due to the region's stringent regulations on antibiotic use in animal feed, strong emphasis on sustainable agriculture, and high demand for premium, antibiotic-free meat products.

AB Mauri, ABN Spain (APLICACIONES BIOLOGICAS A LA NUTRICION SL), Alltech Biotechnology, Angel Yeast, Archer Daniels Midland Company, BioSpringer (Part of Lesaffre Group), ICC Brazil, Lallemand, Inc., Leiber Gmbh, and Ohly

Animal Feed Inactive Dry Yeast Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 230
  • Countries covered: 24
  • Pages: 150
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