Yeast Market Size For Animal Feed Application By Product (Autolyzed Yeast, Hydrolyzed Yeast, Dried Inactive Yeast, Yeast Culture, Live Yeast, Yeast Beta-Glucan, Active Dry Yeast), By Application (Poultry [Broiler, Layer, Turkey], Swine [Starter, Grower, Sow], Cattle [Dairy, Calf], Aquaculture [Salmon, Trouts, Shrimps, Carp], Pet Food, Equine), Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026

Rising animal nutrition products demand to promote immunity will foster the global market growth

Yeast Market for Animal Feed Application size exceeded USD 1.5 Billion, globally in 2019 and is estimated achieve more than 7% CAGR between 2019 and 2026. Growing consumption of animal-based protein food products will stimulate yeast demand for animal feed application.

Yeast is a eukaryotic, single celled microorganism used in the preparation of numerous food and beverage products, animal feed products, and pharmaceuticals. The yeast market will witness increased consumption in emerging markets such as Latin America, Middle East, and Africa. 
 

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Yeast is a rich source of minerals, proteins, nucleotides, and amino acids, which are beneficial for animal health. Pure dried yeast may improve milk yield and quality in cattle feed. It offers high nutritional value and improve palatability in pet food. Yeast is added to feed for several animals including equine, swine, cattle, aquaculture, and poultry thus stimulating product demand.
 

Yeast offers proteins in pet food and promotes good health and wellbeing. Yeast helps in improving rumen and in total tract fiber digestion in dairy cattle. Rising trend of consuming protein-rich diet will foster the product demand.
 

Yeast products also help to stimulate antioxidant and immune systems. Rapid expansion of the aquaculture sector will foster the product demand in order to maintain good aquatic organism health. Increasing meat consumption owing to its high protein content will foster yeast market for animal feed application trends.
 

Increasing awareness regarding animal health due to prevailing livestock diseases should drive product landscape. This product helps in stimulating young and infant animal species growth along with providing protection against diseases and stimulating immune system. Rise in demand for animal feed products and additives along with stringent government regulation may fuel product demand.
 

Companies are investing on product R & D activities and product launches to offer quality product and enhance application scope. For instance, In May 2019, Leiber launched Leiber YeaFi which is suitable for use in pet food and livestock. This aided the company in the expansion of product offerings.
 

Yeast industry for animal feed application growth may be hampered from product substitution effects. Rising cases of COVID 19 among population has hindered the operations of many industries and disrupted the supply chain. WHO has classified this disease as global pandemic.  These factors may hinder industry growth.
 

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Rising autolyzed yeast demand due to its usage in animal and pet feed will foster yeast market for animal feed application outlook

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Autolyzed-based yeast market for animal feed application exceeded 166.90 Kilo Tons in 2019 and is forecast to register over 6% CAGR through 2026. Autolyzed yeast results from breakdown of yeast cells and comes as powder, liquid, and paste form. It is used as an ingredient for pet food and offers nutritional benefits.
 

Autolyzed yeast is an ingredient that is derived from yeast saccharomyces cervisiae breakdown, which is termed as baker’s yeast. The high nutritional value of autolyzed yeast makes it a component of animal feed. The rising awareness to maintain good animal health to produce hygienic & healthy non vegetarian dishes will foster market growth.
 

Strong application outlook in pet food due to high nutrient value beneficial for initial development of digestive system along with rising per adoption trends is likely to stimulate the product demand.
 

Shifting consumer preferences towards increased poultry meat consumption will stimulate yeast industry for animal feed application growth

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Yeast market for animal feed application by poultry surpassed USD 698.43 Million in 2019. Yeast is majorly used in poultry farming for species including broiler, layer, and turkey. These products are predominantly used in poultry farming to attain resistance against pathogens, boost immune system of neonate chickens, reduce food poisoning by salmonella, increase antibody titers after vaccination, and boost animal performance. Rising awareness to prevent spread of diseases in animals will foster product demand.
 

Yeast market for broiler feed application surpassed USD 470 Million in 2019. Rising trend towards keto diets leading to growing consumption of animal-based protein products which includes eggs, chicken and fish will favor industry growth. Increasing prevalence of obesity levels among population has resulted in promotion of keto diet. Thus, these factors will drive the global industry outlook.
 

Presence of multiple fast food restaurants to support North American industry demand

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North America yeast market for animal feed application is valued at over USD 317.4 Million in 2019 and is anticipated to register more than 6.5% CAGR between 2020 and 2026. Growing steady massive investments in R&D for product innovations in this sector accompanied by positive outlook toward industrial livestock business will contribute to regional industry growth.
 

Yeast aids in maintaining good health in poultry including broiler and turkey. The presence of various food chains and fast service restaurants along with changing consumer dietary habits have led to rise in meat and meat products consumption in this region. These factors will foster the regional industry growth.
 

There were 247,191 establishments in United States fast food industry. Growing livestock diseases such as swine flu and avian influenza which is also affecting humans has driven the development of new safety policies and feed standardization policies which permits use of high-quality additives in animal feed thereby boosting industry growth.
 

New product launches and R & D activities to remain key business strategies by market players

Yeast market for animal feed application is moderately consolidated with key industry players including Lessafre group, Angel Yeast, Archer Daniel Midland Company, Trouw Nutrition, and Alltech Inc, Enzym Company, Lallemand, Kemin Industries, Inc, and Novus International.
 

Manufacturers are involved in product launches and innovations in order to expand product portfolio and increase regional presence. In June 2016, ADM launched its latest product named PROPLEX® DY, a new high-quality protein source for swine nursery diets. This step will aid the firm to increase product offering for animal feed globally.
 

Yeast market for animal feed application research report includes in-depth coverage of the industry trends, with estimates & forecast in terms of Kilo Tons and revenue (USD Million) from 2015 to 2026, for the following segments:
 

• By Product
  • Autolyzed Yeast
  • Hydrolyzed Yeast
  • Dried Inactive Yeast
  • Yeast Culture
  •  Live Yeast
  • Yeast Beta-Glucan
  • Active Dry Yeast
• By Application
  • Poultry
    • Broiler
    • Layer
    • Turkey
    • Others
  • Swine
    • Starter
    • Grower
    • Sow
  • Cattle
    • Dairy
    • Calf
    • Others
  • Aquaculture
    • Salmon
    • Trouts
    • Shrimps
    • Carp
    • Others
  • Pet Food
  • Equine
  • Others