Global Feed Yeast Market 2019: Analysis & Outlook Through 2018-2023 - Probiotic Yeast is Projected to Witness the Fastest Growth - ResearchAndMarkets.com

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.

Key players in the feed yeast market include Associated British Foods
Inc. (UK), Archers Midland Company (US), Alltech Inc. (US), Cargill
(US), Angel Yeast Company (China), Chr. Hansen (Denmark), Lesaffre
(France), Nutreco N.V. (Netherlands), Lallemand Inc. (Canada), Novus
International (US), Zilor (Biorigin) (Brazil), and Kemin (US).

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

2.2 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

6 Feed Yeast Market, By Type

6.1 Introduction

6.2 Probiotic Yeast

6.3 Brewer's Yeast

6.4 Specialty Yeast

6.5 Yeast Derivatives

7 Feed Yeast Market, By Livestock

7.1 Introduction

7.2 Swine

7.3 Cattle

7.4 Poultry

7.5 Aquatic Animals

7.6 Pets

7.7 Others

8 Feed Yeast Market, By Genus

8.1 Introduction

8.2 Saccharomyces Spp.

8.3 Kluyveromyces Spp.

8.4 Other Genera

9 Feed Yeast Market, By Region

9.1 Introduction

9.2 North America

9.3 Europe

9.4 Asia Pacific

9.5 South America

9.6 Rest of the World (RoW)

10 Competitive Landscape

10.1 Overview

10.2 Competitive Leadership Mapping

10.3 Share Analysis, 2018

10.4 Competitive Leadership Mapping (For Start-UPS/Sme's)

10.5 Competitive Scenario

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

For more information about this report visit https://www.researchandmarkets.com/research/2svmjs/global_feed_yeast?w=4

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