Europe Inactive Dry Yeast Market Size

Europe Inactive Dry Yeast Market Size

Europe Inactive Dry Yeast Market Size for Animal Feed Application exceeded USD 55 Million in 2019 and is estimated to grow at over 5.5% CAGR between 2020 and 2026. Growing meat consumption driven by need to enhance the protein intake is likely to fuel the business expansion.

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Inactive dried yeast is produced by growing a yeast saccharomyces cerevisiae on sugarcane molasses and is subsequently inactivated and dried. Inactivated dry yeast is a highly valuable source of protein, phosphorous and B vitamins. It has essential amino acid, Vitamin B complex, and minerals. Presence of key amino acids such as lysine and threonine are likely to generate new growth opportunities for the inactivated dry yeast manufacturers. Ability of lysine to fight viruses and combat is propelling the business expansion. 

Moreover, inactivated dry yeast contains trace minerals such as sodium, potassium, zinc, calcium, and iron, thus supporting the product usage. Factors such as low cost and ease in availability will augment the product adoption over the forecast timeframe. Increasing demand for traceability, transparency, and sustainability will drive the Europe animal feed industry, thus supporting the Europe inactive dry yeast market for animal feed application growth.

Growing animal feed additives demand owing to rising livestock production across the region to facilitate demand for food among population should boost Europe inactive dry yeast industry for animal feed application outlook. The Europe animal feed market is expected to reach over USD 1.35 trillion by 2027. Rapid animal farming industrialization has led to fostering protein rich animal feed ingredients demand to increase feed conversion rate. Inactive dry yeast is predominantly used in animal feed owing to enhance nutritional properties in animal feed products which results to boost animal productivity which should boost product demand.

However, companies are heavily inducing funds in novel technologies and manufacturing capacity expansions to fortify their product portfolio. For example, in 2017, ADM Animal Nutrition, launched PROPLEX DY which is a new superior quality protein source for livestock diets. PROPLEX DY is composed of dried inactive yeast and is derived from the wet corn milling process. It offers cost competitive, alternative, palatable, high-quality source of digestible amino acids from a yeast based protein.  PROPLEX DY provides economies of scale along with nutritional benefits to animal feed diets. Through this launch, the company will be able to enhance its product portfolio.

COVID 19 outbreak has led to imposition of shutdown of manufacturing units, travel ban and offices & marketplaces by governments across the world. Owing to such measures has resulted in disrupting value chain across the world. This has jeopardized raw materials supply for inactive dry yeast. This outbreak has led to global production plants shutdown which may reduce inactive dry yeast for animal feed utilization.