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Europe Inactive Dry Yeast Market Analysis

  • Report ID: GMI4871
  • Published Date: Aug 2024
  • Report Format: PDF

Europe Inactive Dry Yeast Market Analysis

By 2032, the Europe market for inactive dry yeast in animal feed, specifically for poultry, is projected to reach a market size of USD 51.6 million, showing a robust CAGR of over 5.2%. In the poultry industry, this product serves as a vital feed additive, providing essential proteins and vitamins that bolster the birds' immune systems. Poultry applications span broilers, layers, and turkeys.  The rising demand for high-value protein and vitamin products, aimed at enhancing poultry health and quality, is a key driver.
 

This growth is buoyed by a consumer shift towards nutritionally balanced diets, emphasizing higher protein consumption. In 2019, the European poultry market reached 14.01 million tons and is on track to hit 15.1 million tons by 2024. The heightened focus on nutrition security, particularly in ensuring adequate protein and calorie supplies, has prompted the EU to introduce policies, such as the EU policy paper, aimed at bolstering livestock production, thereby further boosting the demand for inactive dry yeast in animal feed applications across Europe.
 

Europe Inactive Dry Yeast Market for Animal Feed Application Revenue Share, By Application, (2023)

Europe inactive dry yeast market in animal feed, specifically for swine, is projected to surpass USD 29.4 Million by 2032 with a CAGR of 5.1%. As the second-largest pork producer globally, Europe closely follows Asia-Pacific in this regard. The product's prophylactic attributes, enhancing animal disease resistance and performance, are key drivers behind its rising popularity in Europe. Notably, its high palatability, encouraging feed intake, and its rich protein, well-balanced amino acids, and elevated Vitamin B levels further bolster its appeal. Consequently, these factors collectively underpin the growing demand for inactive dry yeast in Europe's animal feed sector.
 

Germany  Inactive Dry Yeast Market for Animal Feed Application Market Size, 2021- 2032  (USD Million)

Germany's inactive dry yeast market in animal feed applications is set to surpass USD 12.2 Million by 2032 with a CAGR of 5.3%. As the largest consumer of inactive dried yeast in Europe, Germany's robust manufacturing capabilities and a penchant for high-quality meat products are propelling market growth. Additionally, Germany benefits from favorable regulations aimed at enhancing feed quality. Rising animal diseases, coupled with a growing consumer focus on health, are further bolstering demand. Notably, Germany, home to approximately 26 million live swine, holds the mantle of Europe's primary pork producer.
 

The country's increasing recognition of inactive dry yeast's benefits, including aiding growth, bolstering immunity, enhancing nutrient digestibility, and improving meat quality in pigs, is set to drive its market significantly. Moreover, in the face of potential flu outbreaks, the demand for feed products, including inactive dry yeast, to boost animals' immune systems will likely increase. Thus, these factors should boost Europe's inactive dry yeast market for animal feed applications.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Europe inactive dry yeast industry size was worth USD 68.8 million in 2023 and will register a 5.1% CAGR between 2024 and 2032 due to increasing consumer demand for natural and healthy food ingredients.

The poultry industry segment will reach USD 51.6 million by 2032, driven by its significant role in enhancing animal nutrition and growth

Germany inactive dry yeast industry will surpass USD 12.2 million by 2032, attributed to its advanced food and beverage industry and strong emphasis on innovative food ingredients.

Companies including Alltech, Leiber Germany, ADM, Angel Yeast, Sensient, Lesaffre, and Fleischmann's, are operating in the Europe inactive dry yeast industry.

Europe Inactive Dry Yeast Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 7
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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