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Animal Feed Yeast Market Share

  • Report ID: GMI4627
  • Published Date: Nov 2022
  • Report Format: PDF

Animal Feed Yeast Market Share

  • Lesaffre Group
  • Angel Yeast
  • Archer Daniel Midland Company
  • Trouw Nutrition
  • Alltech Inc
  • Biorigin
  • Novus International Inc
  • Lallemand

are some key players in the animal feed yeast market. These companies are majorly expanding their production capacity and adopting strategies including acquisitions and partnerships to strengthen their market position. For instance, in August 2021, Angel Yeast, a yeast & extracts manufacturer, announced the takeover of Bio Sunkeen, a supplier of yeast-based feed in China. This move was intended to help Angel Yeast enhance its production capacity and its competitive advantage.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Global Yeast Industry for Animal Feed Application was valued at more than USD 1.5 billion in 2022 and is set to progress at a 7% CAGR over the next 10 years owing to the rising deployment of animal products and growing consumption of meat across the world.

The poultry application segment is projected to reach a valuation of more than USD 1.7 billion by 2032 owing to its high effectiveness and ability to enhance the growth rates of poultry birds.

The autolyzed yeast segment was worth over USD 500 million in 2022 and is slated to register sizable gains through 2032 as a result of the high nutrient content that is beneficial for the growth performance and immunity of broiler chickens.

North America animal feed yeast market exceeded USD 375 million in revenue in 2022 and is expected to register more than 6.5% gains between 2023 and 2032 as a result of growing consumer preference for convenient, low-cost, and healthy protein sources in the region.

Animal Feed Yeast Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 524
  • Countries covered: 23
  • Pages: 345
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