Feed Yeast - Worldwide Markets, 2019-2023 by Type, Livestock, Genus, and Region

DUBLIN, March 1, 2019 /PRNewswire/ -- The "Feed Yeast Market by Type (Probiotic Yeast, Brewer's Yeast, Specialty Yeast, and Yeast Derivatives), Livestock (Cattle, Swine, Poultry, Aquatic Animals, and Pets), Genus (Saccharomyces spp., Kluyveromyces spp.), Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The feed yeast market is projected to reach USD 2.1 billion by 2023, from USD 1.7 billion in 2018, at a CAGR of 5.27%.

The feed yeast market is driven by various factors such as the increasing concerns related to animal health across the globe and the need for antibiotic alternatives in animal nutrition. However, the increasing competition for raw materials of yeast production from multiple industries is projected to hinder the growth of the market on a global level.

In terms of type, probiotic yeast is projected to witness the fastest growth from 2018 to 2023

The consumption of brewer's yeast, or inactive yeast, in the feed is higher as compared to the other yeast types. However, recently, key companies are focusing on using probiotic or live yeast in their product offerings and launches for animal nutrition, majorly due to their health benefits.

The demand for probiotic yeast is high in developed countries. However, due to their premium price, developing countries are gradually adopting these products, which widens the scope of growth for the market. With the increasing awareness of health benefits associated with probiotic yeast, the developed countries are witnessing an increasing demand for these types of feed yeast.

In terms of genus, the Saccharomyces spp. segment is estimated to account for the largest market share during the forecast period

According to the industry experts, the market for feed yeast is majorly dominated across all nations by Associated British Foods plc (UK), Lesaffre (France), and Cargill (US), and approximately 95% of their product offerings are either sourced from Saccharomyces cerevisiae or is formulated with this strain.

According to a report published by COFALEC in 2016, the yeast market is dominated by Saccharomyces spp., wherein 80%-85% of the products are formulated with the Saccharomyces strain, 10% of the products comprise Kluyveromyces marxianus, while the remaining products comprise either Pichia pastoris or Candida spp. Hence, the feed yeast market was dominated in 2018 by the Saccharomyces spp. segment, in terms of value.

Europe is estimated to dominate the feed yeast market in 2018

Europe was estimated to account for the largest share of the feed yeast market in 2018, due to the high production of brewer's and probiotic yeast in countries such as Russia, the UK, and the Netherlands. Moreover, ongoing R&D activities for better and efficient application of yeast in livestock and pet food nutrition could also render the scope for market growth.

The government policies adopted by the European countries toward a ban on the use of antibiotics in feed is a major factor contributing to the growth of this market in the region. Expansion of production facilities for feed yeast in China and India and the growing awareness among livestock growers about the benefits of feed yeast are projected to provide scope for market expansion in the Asia Pacific.

Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Regional Segmentation
1.5 Periodization Considered
1.6 Currency Considered
1.7 Unit Considered
1.8 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Opportunities in the Feed Yeast Market
4.2 Feed Yeast Market, By Type
4.3 Asia Pacific: Feed Yeast Market, By Key Livestock & Country
4.4 Market, By Livestock & Region
4.5 Market, By Key Country

5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Increasing Growth in the Compound Feed Industry
5.2.1.1 Increasing Compound Feed Production
5.2.2 Increase in Livestock Population
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Nutritional Benefits From Yeast-Based Feed Products
5.3.1.2 Increasing Concerns Related to Animal Health
5.3.1.2.1 Ban on the Use of Antibiotic Growth Promoters in Feed
5.3.2 Restraints
5.3.2.1 Competition for Basic Raw Materials
5.3.2.2 Willingness of Livestock Growers to Use Antibiotics for Animal Feed
5.3.3 Opportunities
5.3.3.1 Innovations in the Animal Feed Industry
5.3.3.2 Increase in Demand for Pet Food Nutrition
5.3.3.3 Yeast as the Promising Protein Source
5.3.4 Challenges
5.3.4.1 Commercialization of Duplicate and Low-Quality Products
5.4 Patent Analysis
5.5 Regulatory Framework
5.5.1 North America
5.5.1.1 US
5.5.1.2 Canada
5.5.2 Europe
5.5.3 Asia Pacific
5.5.3.1 Australia
5.5.3.2 China

6 Feed Yeast Market, By Type
6.1 Introduction
6.2 Probiotic Yeast
6.2.1 Probiotic Yeast is Considered to Be A Suitable Replacement for Feed Antibiotics
6.3 Brewer's Yeast
6.3.1 Brewer's Yeast is Considered as A Rich Source of Protein Supplement and Alternative for Feed
6.4 Specialty Yeast
6.4.1 Selenium Yeast
6.4.1.1 The Health Benefits of Selenium-Enriched Yeast are Projected to Strengthen Its Demand
6.4.2 Chromium Yeast
6.4.2.1 Chromium Yeast Act as A Stress Reliever for Animals
6.5 Yeast Derivatives
6.5.1 Beta-Glucans
6.5.1.1 Immunostimulating Properties of Beta-Glucans is A Key Factor for Its Premium Price Value
6.5.2 Nucleotides
6.5.2.1 Nucleotide-Based Yeasts are Used at Early Stages of the Animal's Life
6.5.3 Mannooligosaccharides
6.5.3.1 Pathogen Binding Capacity of Mannooligosaccharides is Projected to Be A Major Feed Functionality in the Coming Years

7 Feed Yeast Market, By Livestock
7.1 Introduction
7.2 Swine
7.2.1 Asia Pacific is Estimated to Dominate the Swine Feed Yeast Market
7.3 Cattle
7.3.1 Rise in Cattle Production to Drive Consumption of Feed Yeast Across All Regions
7.4 Poultry
7.4.1 Reduction in Usage of Antibiotics Could Boost the Demand for Yeast-Based Poultry Diets
7.5 Aquatic Animals
7.5.1 Demand for Yeast-Fortified Aqua Feed is Expected to Grow Significantly in Farmed Fish Cultivation
7.6 Pets
7.6.1 The Trend of Feeding Complete Diet to Pets is Growing With the Growth in Urbanization
7.7 Others

8 Feed Yeast Market, By Genus
8.1 Introduction
8.2 Saccharomyces Spp.
8.2.1 Higher Usage in Animal Feed Due to Its Beneficial Effects on Animal Health and Growth Performance
8.3 Kluyveromyces Spp.
8.3.1 According to Cofalec, Kluyveromyces Marxianus Was the Second Most Common Strain Used for Feed Additive
8.4 Other Genera

9 Feed Yeast Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.1.1 Being the Second-Largest Producer of Feed in the World, the Country has the Largest Market in the Region
9.2.2 Canada
9.2.2.1 Increasing Exports of Animal Food Products Support the Growth of the Canadian Feed Industry
9.2.3 Mexico
9.2.3.1 The Mexican Feed Industry is Well Supported By Government Incentives
9.3 Europe
9.3.1 Netherlands
9.3.1.1 High Livestock Production Drives the Market for Feed Yeast in the Netherlands
9.3.2 UK
9.3.2.1 The UK Witnessed A Significant Drop in Antibiotic Sales for Feed in the Last Few Years
9.3.3 Russia
9.3.3.1 Less Stringent Regulations on the Use of Antibiotics for Feed in Russia May Restrict the Growth for the Feed Yeast Market
9.3.4 France
9.3.4.1 High Livestock Production in France Drives the Feed Yeast Market in the Country
9.3.5 Germany
9.3.5.1 High Availability of Spent Grains as Raw Materials for the Production of Yeast in Germany Drives the Feed Yeast Market Growth
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.1.1 China Surpassed the US in Terms of Feed Production in 2017
9.4.2 Japan
9.4.2.1 Decline in Antibiotic Feed Additives Led to the Development of Microbial-Based Feed Additive Products in Japan
9.4.3 India
9.4.3.1 Increase in Demand for Milk and Milk Products in India Drives the Feed Yeast Market in the Country
9.4.4 South Korea
9.4.4.1 Demand for Beef Products has Been Boosting the Demand for Premium Nutrition Products in Korea
9.4.5 Thailand
9.4.5.1 The Developing Economic Conditions in Thailand has Spurred Growth Opportunity for Feed Yeast Market
9.4.6 Australia
9.4.6.1 Livestock Farming has Been an Essential Part of the Australian Economy, Thereby Broadening the Growth Scope for Yeast Market
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.1.1 Brazil Occupied Over 60% of South American Feed Production
9.5.2 Argentina
9.5.2.1 Growth Scope for Feed Additives, Including Feed Yeast, is Expected to Be Spurred After the Removal of Export Taxes
9.5.3 Rest of South America
9.6 Rest of the World (RoW)
9.6.1 The Middle East
9.6.1.1 Growing Industrialization of the Feed Industry in the Region
9.6.2 Africa
9.6.2.1 The Growing Poultry and Cattle Feed Demand in Africa to Have A Long-Term Impact on the Feed Yeast Market Growth

10 Competitive Landscape
10.1 Overview
10.2 Competitive Leadership Mapping
10.2.1 Dynamic Capitalizers
10.2.2 Innovators
10.2.3 Visionary Leaders
10.2.4 Emerging Companies
10.3 Share Analysis, 2018
10.4 Competitive Leadership Mapping (For Start-UPS/Sme's)
10.4.1 Progressive Companies
10.4.2 Starting Blocks
10.4.3 Responsive Companies
10.4.4 Dynamic Companies
10.5 Competitive Scenario
10.5.1 New Product Launches
10.5.2 Expansions & Investments
10.5.3 Acquisitions
10.5.4 Partnerships, Joint Ventures and Agreements

11 Company Profiles
11.1 Associated British Foods PLC
11.2 Archer Daniels Midland Company
11.3 Alltech Inc.
11.4 Cargill
11.5 Nutreco N.V.
11.6 Lesaffre Group
11.7 Lallemand Inc.
11.8 Novus International
11.9 Angel Yeast Co. Ltd.
11.10 Chr. Hansen
11.11 Zilor (Biorigin)
11.12 Kerry Group
11.13 Kemin Industries

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