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Animal Feed Yeast Market Trends

  • Report ID: GMI4627
  • Published Date: Jul 2024
  • Report Format: PDF

Animal Feed Yeast Market Trends

Product improvement is a major trend in the market, driven by increasing demand for high-quality, nutrient-rich feed that enhances animal health and productivity. Manufacturers are investing in research and development to innovate and improve feed yeast formulations, focusing on optimizing nutrient content, digestibility, and palatability. Advances in fermentation technology and genetic engineering are enabling the production of yeast strains with enhanced properties, such as higher protein content and improved amino acid profiles.
 

Additionally, the incorporation of prebiotics, probiotics, and other functional ingredients into feed yeast products is gaining traction, aimed at supporting gut health, boosting immunity, and enhancing overall animal performance. These ongoing product improvements are crucial for meeting the evolving needs of the livestock industry and ensuring sustainable, efficient, and profitable animal farming. For instance, In October 2021, Cargill introduced poultry feed enhanced with essential oils to promote healthy flocks and optimize egg production.
 

Regulatory support and favorable policies for feed additives are becoming significant trends in the market. Governments and regulatory bodies worldwide are recognizing the significance of feed additives in promoting animal health, enhancing productivity, and ensuring food safety. This recognition has led to the implementation of supportive regulations and policies that encourage the use of beneficial feed additives like yeast. These policies often include subsidies, tax incentives, and streamlined approval processes for new and innovative products. Additionally, regulatory frameworks are increasingly focusing on the sustainability and environmental impact of feed production, further driving the adoption of yeast-based additives that contribute to more sustainable livestock farming practices.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Animal feed yeast market size was USD 1.91 billion in 2023 and is expected to register 5.5% CAGR from 2024-2032 owing to the strategic alliances and collaborations and forming partnerships with complementary firms across the agricultural and biotechnology sectors worldwide.

Animal feed yeast industry from the autolyzed yeast segment is expected to register 6.3% CAGR from 2024-2032 due to its high nutritional value and ease of digestion.

Asia Pacific animal feed yeast industry reached USD 699 million in 2023 and is expected to register a commendable CAGR from 2024-2032 due to increasing livestock production and a rising focus on improving animal health and nutrition in the region.

Cargill, Incorporated, Archer Daniels Midland Company (ADM), Alltech, Inc., Lesaffre Group, Chr. Hansen Holding A/S, Angel Yeast Co., Ltd., Lallemand Inc., Nutreco N.V., Kemin Industries, Inc., and AB Vista, are some of the major animal feed yeast companies worldwide.

Animal Feed Yeast Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 524
  • Countries covered: 22
  • Pages: 345
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