Animal Feed Yeast Market Size, Share & Trends and Growth 2032

1
Animal Feed Yeast Market Worth 3.5Bn by 2032
2
Overview of Animal Feed Yeast Market

• Animal Feed Yeast Market is speculated to
  showcase considerable growth through 2032 owing
  to soaring consumption of dairy products across
  the globe. In addition, the expanding scope of
  application in the livestock sector, along with
  government emphasis on improving animal feed
  quality, is likely to augment market growth over
  the forecast period.
• The COVID-19 pandemic had a positive impact on
  market dynamics as demand for yeast additives
  increased drastically due to rising awareness
  regarding the cost-effectiveness and health
  benefits of yeast in animals. Moreover, in 2022,
  beef production in Brazil reached over 9.5
  million tons, indicating exponential export
  potential.
• Notably, key industry players have been engaging
  in RD initiatives, strategic growth
  partnerships, expansion of production labs, and
  other approaches to bolster their business
  standing, thereby accelerating overall market
  growth. For instance, in February 2021, Alltech
  Inc., an Agri-tech company, announced a new joint
  venture with DLG Group with the acquisition of
  Karki-Agri, a Finnish company, to provide
  advanced animal nutrition in Scandinavia.

3
Continue

• The animal feed yeast market has been bifurcated
  in terms of product, application, and region.
  Based on product, the industry has been divided
  into dried inactive yeast, yeast culture,
  hydrolyzed yeast, active dry yeast, autolyzed
  yeast, live yeast, and yeast beta-glucan. The
  live yeast segment size is estimated to cross a
  valuation of 390 million by 2032 due to rising
  awareness regarding the relationship between
  adequate fiber digestion and optimal milk yield.
• With respect to application, the animal feed
  yeast market has been classified into
  aquaculture, poultry, cattle, swine, pet food,
  equine, and others. The equine segment surpassed
  31.5 million in revenue in 2022 and is foreseen
  to expand steadily in the coming years due to
  surging emphasis of livestock nutritionists on
  incorporating healthy feed ingredients.
• On the other hand, the swine feed segment is
  slated to attain over 7 gains by 2032 on account
  of supportive efforts of swine feed producers on
  RD programs to improve the growth performance of
  pigs as yeast maintains microbial equilibrium in
  swine guts enhances digestion.

4
Continue

• In the regional context, the Latin America animal
  feed yeast market is expected to grow at over
  4.5 CAGR from 2023 to 2032. Regional market
  trends, including snowballing adoption of
  industrial meat production techniques and the
  dependence of the domestic food chain on bovine,
  pork, and poultry products, coupled with
  escalating beef export, are set to boost LATAM
  market potential.
• Meanwhile, the Middle East Africa animal feed
  yeast industry is poised to exceed 155 million
  in revenue by 2032. This growth is driven by a
  rise in meat consumption due to cultural dietary
  factors and the importance of meat as a symbol of
  a family's wealth in the MEA region.
• Notable participants in the Animal Feed Yeast
  market include Lesaffre Group, Angel Yeast,
  Archer Daniel Midland Company, Trouw Nutrition,
  Alltech Inc, Biorigin, Novus International Inc.,
  and Lallemand

5
Browse Full Research Report On Animal Feed Yeast
Market _at_ http//bit.ly/3ldFZcI Request for a
sample of this research report _at_
http//bit.ly/3laxdfA
6
Stay In Touch Website www.gminsights.com Social
Media