A new research study titled “Global Market Study on Feed Yeast: Live Segment Anticipated to be the Most Attractive Product Type During 2017 - 2026” has recently been added to the repository of Market Research Reports Search Engine (MRRSE). According to the report, the global feed yeast market is likely to grow at reach a valuation of US$ 850 Mn by the end of 2026.
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According to the report, growing emphasis on reducing the use of antibiotics in animal feed has given a boost to the prospects of the global feed yeast market. The demand for feed yeast is higher in countries with high production and consumption of feed yeast. As many countries in the world move towards regulating the use of feed antibiotics, demand for feed yeast is likely to witness an increase during the assessment period.
The report segments the global feed yeast market by form, livestock, product type and region. The form segment is further sub-segmented into instant, dry and fresh. The livestock segment is categorized into aquatic animals, swine, ruminants, poultry and other. By product type, the global market is divided into yeast derivatives, spent, live and others. Geographically, the market is divided into key regions globally which are North America, Latin America, Europe, Asia Pacific Excluding Japan, Middle East & Africa and Japan.
On the basis of product, demand for live feed yeast is likely to witness steady growth during the assessment period. This segment is projected to grow at a CAGR of 9.5% during the forecast period, and reach nearly US$ 380 Mn by the end of the forecast period. In addition to live feed yeast, demand for yeast derivatives is also likely to grow at a robust pace during the assessment period. The yeast sub-segment is likely to grow at robust CAGR during the forecast period and reach nearly US$ 260 Mn by 2026-end.
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North America and Asia Pacific are among the two key markets for feed yeast market globally. In North America, the demand for feed yeast is concentrated in the US, whereas China and India are among the leading markets for feed yeast in Asia Pacific.
The report profiles some of the leading players operating in the market. Some of these players are Nutreco N.V, Leiber GmbH, Diamond V Mills Incorporated, Biomin Gmbh, Novus Interantional Inc., Archer Daniels Midland Company, Lesaffre Yeast Corporation, Lallemand Animal Nutrition, Inc., Cargill, Incorporated, Associated British Foods PLC and Alltech Inc.
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