A recent report published by Infinium Global Research on feed yeast market provides in-depth analysis of segments and sub-segments in the global as well as regional feed yeast market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional feed yeast market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global feed yeast market. According to the report, the global feed yeast market is projected to grow at a CAGR of 8.5% over the forecast period of 2019-2025.
Improper use of feed antibiotics caused in animal food caused outbreaks of disease such as avian flu, foot, and mouth disease majorly in North America. In order to stop the prevalence of these diseases uses of feed, antibiotic has been banned in the United States. With the feed antibiotic being banned in the U.S., the market of feed yeast got pushed with a huge rate. Owing to its natural form feed yeast provides more advantages over feed antibodies such as better food digestion, proper absorption of nutrients.
Growing disquiets about animal health across the globe is one of the major factors driving the growth of the market. Feed additives such as feed antibiotic that was used as growth promoters have caused an outbreak of diseases that creates serious concerns about the use of feed antibiotics, moreover, feed yeast proven to be good food supplement with less harmful effects that in turn boosting the growth of the market. Furthermore, the growing demand for pet nutrition is also escalating market growth. On the other hand lack of knowledge about the applications of pet nutrients in developing countries and low-income countries can hamper the growth of the market. However, rising innovations in the animal feed sector and growing demand for health performance in animal food provide better opportunities to the market.
Based on the region the feed yeast market is classified into North America, Europe, Asia-Pacific, and RoW. Asia-pacific is expected to set a significant growth in the forecast period, large animal farm industries, growing the aquatic market and poultry industry and rising awareness about pet health has marked a significant effect on the growth of feed yeast market in this region. The market in Europe is expected to grow with a healthy rate in the forecast period strict regulation for food safety and growing awareness about pet health nutrition is contributing to market growth. The market in North America is expected to grow with a significant rate owing to the rising awareness about pet food nutrients and rising research activities for the improvement of health performance.
The report on global feed yeast market covers segments such as type, livestock, and forms. On the basis of type, the sub-markets include live yeast, yeast derivatives, and spent yeast. On the basis of livestock, the sub-markets include pet animals, poultry, equines, swine, ruminant, and other livestock. On the basis of forms, the sub-markets include fresh yeast, dry yeast, and instant yeast.
The report provides profiles of the companies in the market such as Alltech Inc., Associated British Foods plc, Cargill, Incorporated, Lesaffre Yeast Corporation, Novus Interantional Inc., Biomin Gmbh, Archer Daniels Midland Company, Leiber GmbH, Nutreco N.V, Diamond V Mills Incorporated, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of feed yeast market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.