Title: Feed Yeast Market - Forecast(2023 - 2028)
1Feed Yeast MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2021-2026
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- The ban on the use of antibiotics in feed and
increased use of yeast as a livestock nutritional
supplement are the major drivers for the global
feed yeast market. Nutritional components of feed
yeast help the animals to metabolize proteins,
lipids, and carbohydrates. Feed yeast stimulates
infant and youth growth in many species of
animals. The global feed yeast market is
estimated to grow at a CAGR of 6.78 during the
forecast period 20182023.
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- Key Takeaways
- Feed yeast is becoming increasingly popular and
is replacing antibiotics as it improves livestock
health and performance. For these reasons, due to
its inherent advantages, the feed yeast market is
gaining a strong foothold throughout the world. - Increased industrialization is leading to
increased yeast consumption in the livestock
industry. The impact of industrialization is
modest but long term. - Innovation in variety of feed yeast for improved
functionality of livestock provides significant
opportunities for the manufacturers.
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By Distribution Channel- Segment Analysis The
global feed yeast market with respect to poultry
livestock was valued at 300.69m in 2017 and is
estimated to reach 424.52m by 2023, growing at a
CAGR of 5.84 during the forecast period. It is
estimated that Europe dominated the global feed
yeast market in 2017 with 34 of the total market
share owing to the strict regulations on the use
of antibiotics in feeding stuff and increased
awareness of feed yeast benefits.
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- Feed Yeast Market Industry Outlook
- Lesaffre Group
- Archer Daniels Midland Company
- Lallemand Inc.
- Associated British Foods plc
- Alltech, Inc.
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Feed Yeast Market- Forecast(2021 - 2026) Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
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Contact (1) 970-236-3677
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