US: 1.646.568.9797 (24x5)
UK: 44.330.808.0580 (24x5)
Worldwide: 91.703.051.960 (24x7)
“Global Feed Yeast Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. the global feed yeast market is segmented on the basis of yeast type, livestock, form type, and region.
Request Covid - 19 ImpactGlobal Feed Yeast Market: Overview Yeasts are widely used in different type of animal nutrition in order to improve digestion of animal and also enhances immunity of the animal. The most common yeast used is the animal feed industry is Saccharomyces cerevisiae. Global Feed Yeast Market: Dynamics Rising awareness regarding livestock health, increasing adoption of pet animals, and growing demand for healthy meat and other livestock products are some major factors estimated to fuel growth of feed yeast market globally. Moreover, increasing consumption of meat products, ban of antibiotic growth promoters in several countries and low cost of feed yeast are some other factors expected to boost growth of target market. As per the study, antibiotics are used to improve growth performance can affect the health conditions and immunity. Thus, the European Union banned use of antibiotics in the year 2016. According to the document published by European Medical Agency, Governments of Australia, the US, and New Zealand and other countries such as Norway, Sweden, Slovenia, Finland, Denmark, Lithuania, etc., have reduced usage of antibiotics. In addition, increasing concern regarding animal nutrition and rising R&D activities for the development of newer feed yeast products are other factors anticipated to fuel growth of feed yeast market over the forecast period. In October 2015, BEC Feed Solutions PTY Ltd launched Hilyses into the Australian market. The product – Hilyses is obtained from species of yeast namely Saccharomyces cerevisiae. However, high cost of production, stringent regulations for the animal feed products and environmental concerns such as storage conditions are some factors may hinder growth of feed yeast market. Global Feed Yeast Market: Segment Analysis Among the yeast type segments, the yeast derivatives segment is expected to account for significant revenue share in the global market. Nucleotides, beta-glucans, and mannan-oligosaccharides are the major yeast derivatives which display effective pathogen binding capacities that may restrict growth of pathogens in the animal body. Among the livestock segments, the aquatic animal segment is estimated to account for major revenue share, and is projected to maintain its dominance over the forecast period. Among the form type segments, the dry segment is expected to hold significant revenue share in the global market over the forecast period. Global Feed Yeast Market: Regional Analysis The markets in Europe and Asia Pacific are projected to witness highest share in terms of revenue as compared to other regions. This can be attributed to increasing consumption of meat products along with rising awareness regarding economic benefits of feed yeast. In addition, increasing investments by major players for new range of products and increasing awareness regarding benefits of feed yeast are expected to propel growth of the target market over the next 10 years. The market in North America is expected to account for second-highest share in terms of revenue over the forecast period, owing to increasing industrialization in the livestock industry.
Global Feed Yeast Market Segmentation:Segmentation by Yeast Type: Probiotic Yeast Brewer’s Yeast Specialty Yeast Yeast derivatives Segmentation by Livestock: Poultry Swine Ruminant Aquatic Animals Pet animals Others (Horse, Rabbit) Segmentation by Form Type: Fresh Dry
Table of Contents Chapter 1. Methodology and Scope 1.1. Research Methodology 1.2. Research Scope & Assumptions 1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Feed Yeast Market Outlook 3.1. Market Segmentation 3.2. Market Size and Growth Prospects, 2016 - 2027 3.3. Value Chain Analysis 3.4. Market Dynamics 3.4.1. Market driver analysis 3.4.2. Market restraint analysis | read more...