Animal Feed Yeast Market Analysis

Animal Feed Yeast Market Analysis

In terms of product, the animal feed yeast market is categorized into autolyzed yeast, dried inactive yeast, hydrolyzed yeast, active dry yeast, live yeast, yeast culture, and yeast beta-glucan. As per the report, the autolyzed yeast segment was valued at over USD 500 million in 2022 and is slated to register sizable gains through 2032 driven by its high effectiveness and nutrient content that is beneficial for the growth and immunity of broiler chickens. In addition, mounting efforts of livestock farmers to improve the palatability of animal feed are foreseen to stimulate segment expansion.
 

In terms of application, the animal feed yeast market is segregated into pet food, poultry, cattle, swine, aquaculture, equine, and others. The yeast market size from the poultry feed application segment is projected to reach a valuation of more than USD 1.7 billion by 2032. The substantial health benefits of poultry as compared to red meats are encouraging poultry farmers to enhance the growth rates of poultry birds. Yeast increases the growth rate & appetite of broiler chickens, boosting the profitability of poultry farms, which is likely to further bolster segment revenues.
 

Regionally, the global Animal Feed Yeast Market is segmented into Europe, Asia Pacific, North America, the Middle East & Africa, and LATAM. The North America market accounted for over USD 375 million in revenue in 2022 and is expected to register more than 6.5% gains between 2023 and 2032, the report claims. The rise in consumer preference for convenient, low-cost, and healthy protein sources due to surging health consciousness is prompting livestock farmers in North America to adopt yeast for animal feed products.