The feed yeast market is projected to grow by USD 547.14 million with a CAGR of 5%, during the forecast period 2020 to 2025.
The market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (poultry, ruminant, swine, aquaculture, and others) and geography (Europe, APAC, North America, South America, and MEA).
The feed yeast market report also offers information on several market vendors, including Alltech Inc., Archer Daniels Midland Co., Associated British Foods Plc, Cargill Inc., ForFarmers NV, Futuresun Group Co. Ltd., Kemin Industries Inc., Lallemand Inc., Lesaffre & Cie, and Nutreco NV among others.
Alltech Inc. - The company offers the yeast by brand name Yea-Sacc. Under the unified segment, the company offers animal nutrition for dairy cows, beef cattle, poultry, pig, aquaculture, equine, pet, and others.
What will the Feed Yeast Market Size be During the Forecast Period?
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Parent Market Analysis
Technavio categorizes the global feed yeast market as a part of the global packaged foods and meats market. Our research report extensively covers external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the feed yeast market during the forecast period.
Feed Yeast Market: Key Drivers, Trends, and Challenges
Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Feed Yeast Market Driver
- One of the key factors driving growth in the feed yeast market is product launches.
- Successful product launches help vendors in increasing their revenue flow and market share.
- In April 2019, Biochem Zusatzstoffe Handels- und Produktionsgesellschaft mbH (Biochem) launched a new line of products for ruminants under the brand RumiPro, which offers three new products.
- In November 2018, Lesaffre & Cie (Lesaffre) launched a version of its live Saccharomyces cerevisiae product, ActiSaf Sc 47 HR+.
- The increasing number of product launches by vendors can influence the growth of the global feed yeast market during the forecast period.
Key Feed Yeast Market Challenge
- The development in the field of cultured meat will be a major challenge for the feed yeast market during the forecast period.
- The detrimental effect on the environment during the production of meat and dairy products is one of the main factors influencing the switch to clean meat among consumers.
- Vendors in the clean meat market are introducing new products to meet the growing demand.
- In February 2019, the government of Maharashtra, India, and the Institute of Chemical Technology signed an agreement with Good Food Institute (GFI) to set up a Centre for Excellence in Cellular Agriculture.
- In January 2019, SOPHIE’S KITCHEN launched its vegan prawns in the UK. Thus, initiatives for developing clean meat products can hamper the growth of the global feed yeast market during the forecast period.
This feed yeast market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Feed Yeast Market Value Chain Analysis
Our In-house experts produce extensive information on the value chain and parent market of the feed yeast market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies. The players across the value chain include selective data and analysis from entire research findings as per the scope of the report.
Which are the Key Regions for Feed Yeast Market?
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30% of the market’s growth will originate from APAC during the forecast period. China is the key market for feed yeast in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The increasing production of beef, veal, and chicken meat in APAC will aid market growth in the region during the forecast period. Vendors of meat products in the region are increasing production to meet the growing demand among consumers. This factor will, in turn, drive the demand for feed yeast in APAC during the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
What is the Fastest-Growing Product Segment in the Feed Yeast Market?
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The feed yeast market share growth by the poultry segment will be significant during the forecast period. The increase in demand for poultry meat among consumers will drive the demand for poultry feed yeast products during the forecast period. Yeast is used extensively in poultry feed to promote growth and as an additive to enhance fiber utilization. To meet the growing demand for poultry meat, vendors in the global poultry market are increasing their poultry production.
This report provides an accurate prediction of the contribution of all the segments to the growth of the feed yeast market size and actionable market insights on the post-COVID-19 impact on each segment.
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Feed Yeast Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5% |
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Market growth 2021-2025 |
$ 547.14 million |
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Market structure |
Fragmented |
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YoY growth (%) |
5.13 |
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Regional analysis |
Europe, APAC, North America, South America, and MEA |
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Performing market contribution |
APAC at 30% |
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Key countries |
US, China, Germany, and UK |
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Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
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Key companies profiled |
Alltech Inc., Archer Daniels Midland Co., Associated British Foods Plc, Cargill Inc., ForFarmers NV, Futuresun Group Co. Ltd., Kemin Industries Inc., Lallemand Inc., Lesaffre & Cie, and Nutreco NV |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Feed Yeast Market Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive feed yeast market growth during the next five years
- Precise estimation of the feed yeast market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behaviour
- The growth of the feed yeast market industry across Europe, APAC, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive analysis of factors that will challenge the growth of feed yeast market vendors
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