- Live Yeast
- Selenium Yeast
- Spent Yeast
- Torula Dried Yeast
- Whey Yeast
- Yeast Derivatives
Feed Yeast Market size was valued at USD 2,290 million in 2023 and grew at 4.8% CAGR over the historical years (2019 - 2023). The feed yeast market is projected to reach USD 3,213.0 million by 2030 at a CAGR of 5.0%. Feed straight up Microbial nutrients are becoming an increasingly essential part of animal diets. Cattle owners, poultry farmers, pet owners, and others are quickly adopting it since it is associated with a number of health benefits and enhanced performance. Live yeast supplements are commonly used as direct-fed microorganisms to improve dairy cow health, performance, and milk output. Yeast culture can also help improve fermentation and digestion in the rumen, which is a ruminant's stomach. Manufacturers enhanced microbial research and development activities also led to the growth of novel yeast supplements for direct-fed microbiology, and increased demand for feed yeast in the animal feed sector.
However, one of the barriers to market growth is a lack of understanding among farmers in underdeveloped nations regarding yeast intake and its associated advantages. Government controls on the import and export, production, and labeling of yeast foods are another factor impeding market growth over the projection period.
Feed Yeast Market Key Developments:
- In January 2023, Novus International acquired Agrivida, a biotechnology company, to develop novel feed additives with yeast.
- In September 2022, Lallemand established a new branch in Poland and standardized its presence there to sell its microbial-based animal nutrition and well-being solutions directly.
Feed Yeast Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.0%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Feed Yeast Market Dynamics
Yeast is renowned for converting sugar to alcohol and CO2. It can be utilized for human nutrition and has numerous applications in animal feed. Domestic animals' large intestines serve an important role in the breakdown of cellulose into glucose. The rise in the consumption of meat products around the world is anticipated to drive the growth of the feed yeast market during the forecast period. Furthermore, increased attention to animal health and welfare is expected to drive the growth of the feed yeast market. Feeding yeast improves nitrogen utilization and reduces acidity in animals. Yeast is also often employed as a source of clean protein in meat products. These factors contribute to the global market's growth. Feed yeast is also utilized in pig diets to minimize diarrhea and improve immunoglobulin levels in sow milk.
Furthermore, increased global awareness of animal health management is expected to accelerate the growth rate of the feed yeast market. Furthermore, the European Union banned the use of antibiotic growth promoters in animal feed, increasing reliance on yeast products in animal feed, which is projected to enhance the worldwide market's growth even further. On the other hand, the struggle for basic raw materials is expected to hinder the expansion of the feed yeast market throughout the forecast period. Furthermore, advances in the animal feed industry and yeast as a viable protein source will create new opportunities for the feed yeast market in the future years.
North-America Got Significant Share
Feed Yeast Market Regional Analysis
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Asia-Pacific dominates the feed yeast market due to the increased demand for meat and meat products. Asia-Pacific is the world's largest producer of poultry birds, with production expected to increase by 6.6% in 2022 vs 2017. The increase in poultry production is attributed to the rising need for animal protein following the outbreak of African swine disease, which restricted the supply of pork meat. China contributes for 40% of global production, with over 900 million stock-laying hens, and the largest layer poultry farming center can produce 60 million chicks every year. Furthermore, increased knowledge among farmers about giving optimal nutrition to farm animals would drive the growth of the feed yeast market in the region throughout the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Feed Yeast Market Segmentation
By Type
By Livestock
- Ruminants
- Poultry
- Cattle
- Swine
- Aquatic animals
- Pets
- Others
By Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The Feed Yeast Market was valued at USD 2,290.0 million in 2023 and is projected to reach USD 3,213.0 million by 2030, growing at a CAGR of 5.0%.
Alltech. (U.S.), LALLEMAND Inc. (Canada), Leiber GmbH (Germany), Nutreco N.V. (Netherlands), Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S)
The feed yeast sector is significant in the global feed additive market because it enhances antibacterial activity in the gut and promotes animal growth by strengthening intestinal microbiota.
Asia-Pacific is estimated to dominate with the highest CAGR over the forecast period.
Key Features of the Reports
- The feed yeast market report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
- The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
| 1.Executive Summary |
| 2.Global Feed Yeast Market Introduction |
| 2.1.Global Feed Yeast Market - Taxonomy |
| 2.2.Global Feed Yeast Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Livestock |
| 2.2.3.Region |
| 3.Global Feed Yeast Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Feed Yeast Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Feed Yeast Market By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Live Yeast |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Selenium Yeast |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Spent Yeast |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Torula Dried Yeast |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Whey Yeast |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Yeast Derivatives |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6.Global Feed Yeast Market By Livestock, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Ruminants |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Poultry |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Cattle |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Swine |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Aquatic animals |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Pets |
| 6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Others |
| 6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 7.Global Feed Yeast Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Feed Yeast Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Live Yeast |
| 8.1.2.Selenium Yeast |
| 8.1.3.Spent Yeast |
| 8.1.4.Torula Dried Yeast |
| 8.1.5.Whey Yeast |
| 8.1.6.Yeast Derivatives |
| 8.2. Livestock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Ruminants |
| 8.2.2.Poultry |
| 8.2.3.Cattle |
| 8.2.4.Swine |
| 8.2.5.Aquatic animals |
| 8.2.6.Pets |
| 8.2.7.Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Feed Yeast Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Live Yeast |
| 9.1.2.Selenium Yeast |
| 9.1.3.Spent Yeast |
| 9.1.4.Torula Dried Yeast |
| 9.1.5.Whey Yeast |
| 9.1.6.Yeast Derivatives |
| 9.2. Livestock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Ruminants |
| 9.2.2.Poultry |
| 9.2.3.Cattle |
| 9.2.4.Swine |
| 9.2.5.Aquatic animals |
| 9.2.6.Pets |
| 9.2.7.Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 10.Asia Pacific (APAC) Feed Yeast Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Live Yeast |
| 10.1.2.Selenium Yeast |
| 10.1.3.Spent Yeast |
| 10.1.4.Torula Dried Yeast |
| 10.1.5.Whey Yeast |
| 10.1.6.Yeast Derivatives |
| 10.2. Livestock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Ruminants |
| 10.2.2.Poultry |
| 10.2.3.Cattle |
| 10.2.4.Swine |
| 10.2.5.Aquatic animals |
| 10.2.6.Pets |
| 10.2.7.Others |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Feed Yeast Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Live Yeast |
| 11.1.2.Selenium Yeast |
| 11.1.3.Spent Yeast |
| 11.1.4.Torula Dried Yeast |
| 11.1.5.Whey Yeast |
| 11.1.6.Yeast Derivatives |
| 11.2. Livestock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Ruminants |
| 11.2.2.Poultry |
| 11.2.3.Cattle |
| 11.2.4.Swine |
| 11.2.5.Aquatic animals |
| 11.2.6.Pets |
| 11.2.7.Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Feed Yeast Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Live Yeast |
| 12.1.2.Selenium Yeast |
| 12.1.3.Spent Yeast |
| 12.1.4.Torula Dried Yeast |
| 12.1.5.Whey Yeast |
| 12.1.6.Yeast Derivatives |
| 12.2. Livestock Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Ruminants |
| 12.2.2.Poultry |
| 12.2.3.Cattle |
| 12.2.4.Swine |
| 12.2.5.Aquatic animals |
| 12.2.6.Pets |
| 12.2.7.Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Alltech Inc. |
| 13.2.2.Cargill Inc. |
| 13.2.3.Hansen A/S |
| 13.2.4.Lallemand Inc. |
| 13.2.5.Nutreco N.V |
| 13.2.6.Archer-Daniels Midland Company |
| 13.2.7.Novus International |
| 13.2.8.Kemin Industries |
| 13.2.9.Phiro Animal health Corporation |
| 13.2.10.DSM Nutrition Products AG |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
- Alltech Inc.
- Cargill Inc.
- Hansen A/S
- Lallemand Inc.
- Nutreco N.V
- Archer-Daniels Midland Company
- Novus International
- Kemin Industries
- Phiro Animal health Corporation
- DSM Nutrition Products AG