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(MoneyNewsWire.Net, November 08, 2017 ) The Global Feed Yeast Market has been estimated at USD 55.00 Billion in 2016 and is projected to reach USD 86.58 Billion by 2021, at a CAGR of 9.5% during the forecast period from 2016 to 2021.The various nutritional components of feed yeast help the animals to metabolise proteins, lipids and carbohydrates. Feed Yeast stimulates the growth of the infant and young in many animal species. It can also provide an extensive protection of animals against diseases with the stimulation of the immune system through yeast beta-glucans and mannans.
Yeasts have been used in feed for many years. Both the Bovine Spongiform Encephalopathy crisis (mad cow disease), and the growing concern among customers about their diet have led to an increased use of "clean “protein sources, such as Yeast, in animal feed. Leading companies in the animal feed yeast market are continuously seeking new equipment for manufacturing yeast with high nutritive value. Prominent livestock industries are gradually using animal feed yeast for enhancing the diet of animals.
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Feed yeasts are cost efficient and less harmful to the animals compared to other additives. They also act as nutritive supplements. Moreover, ban on Antibiotic growth promoters in various parts across the globe, Growth in Compound Feed Consumption and Increasing awareness regarding animal nutrition are propelling the growth of the market. The high costs associated with production, lack of awareness about the feed yeast benefits among farmers mainly in the developing countries and Government regulations are hindering the growth of the market.
The global 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.
Market Segmentation:
1 By Type
1.1 Live Yeast
1.2 Spent Yeast
1.3 Yeast Derivatives
2 By Animal type
2.1 Swine
2.2 Poultry
2.3 Cattle
2.4 Acquatic animals
2.5 Pet animals
2.6 Other animals
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Furthermore, on the basis of geography the market is analysed under various regions namely, North America, Europe, Latin America, Asia-Pacific and Middle-east & Africa. Europe and Asia-Pacific regions constitutes to around 58% of the global feed yeast market in 2016 with Asia-Pacific region showing highest growth rate in the forecast period owing to the high growth in animal feed market.
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 Porter’s 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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The growing demand for feed yeast is forcing the global players to add this to their product offerings. To benefit from this growth trend of global 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, Angel Yeast co., Ltd, Cargill Inc., Nutreco N.V., Lesaffre Group, Biomin GmbH and ADM.
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