(MoneyNewsWire.Net, November 01, 2017 ) The North America Feed Yeast Market has been estimated at USD 11.00 Billion in 2016 and is projected to reach USD 17.16 Billion by 2021, at a CAGR of 9.30% during the forecast period from 2016 to 2021. Feed yeasts are nutritive supplements which are added in the diet of animals. They are used for various purposes such as to enhance the growth of the animals, maintain their level, and improve immune system and digestibility of feed. Prominent livestock industries are gradually using animal feed yeast for enhancing the diet of animals. Live yeast products are most used in feed grade of animals and in particular active dry yeast followed by yeast culture.
North America feed yeast market is driven by a high per capita consumption of meat and consumer demand for nutrition rich meat products, due to which there is a high demand for feed yeast. The growth in compound feed consumption is in turn driving the demand for feed yeast. Crucial restraints of the industry are the health issues, high costs associated with production, lack of awareness about the feed yeast benefits among farmers mainly in the developing countries and Government regulations that are hindering the growth of the market.
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The North America market for feed yeast is segmented on the basis of type into Live yeast, Spent yeast & Yeast derivatives. And on the basis of type of animals the market is analysed for Swine, Poultry, Cattle, Aquatic animals, Pet animals & Others. The poultry segment takes the largest market share for feed yeast trailed by the swine segment. Live cell yeast is the fastest growing segment in the market.
Key points from TOC:
Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
Market Leaders' Analysis
Market Outlook and Investment Opportunities
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Furthermore, On the basis of geography, the North America market is analysed under USA and Canada. North America constitutes to around 20% of the global feed yeast market in 2016 growing at a same pace with the global market. Canada accounts for 14% share in the North American feed yeast market. The feed yeast industry in Canada is showing a healthy growth trend due to increasing meat exports as well as rising domestic consumption in the country.
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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In the North America feed yeast market, several prominent companies are taking initiatives in the development and manufacturing of feed yeast. Some of the leading players in this industry include, Alltech (based in USA), Angel Yeast co., Ltd, Cargill Inc., Nutreco N.V., Lesaffre Group, Biomin GmbH and ADM.
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