Animal Feed Inactive Yeast Market Size

Animal Feed Inactive Yeast Market Size

Animal Feed Inactive Yeast Market size exceeded USD 155.92 billion in 2022 and is anticipated to grow at a CAGR of over 3.9% from 2023 to 2032. Growing animal feed additives demand owing to rising livestock production across the globe to facilitate demand for food among population should boost the market growth. Yeast is predominantly used in animal feed owing to enhance nutritional properties in animal feed products which results to boost animal productivity which should fuel the market demand. Increasing demand for traceability, transparency, and sustainability will drive the animal feed industry, thus supporting the dry yeast demand.

The animal feed industry is becoming increasingly competitive as products with improved functionalities are entering the market. The use of inactive dried brewer’s yeast as an ingredient enhances nutritional content and palatability in animal feed. The high palatability of feed because of the addition of inactive dried yeast stimulates feed intake.,

The addition of inactive dried yeast also improves the immune system and health & growth performance of livestock. According to the United Nation’s FAO, the demand for food will grow by 60% by 2050, which implies promising opportunities for manufacturers of inactive dried yeast in the animal feed and animal feed ingredients industry in the foreseeable future.