The feed yeast global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Feed Yeast Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The feed yeast market size has grown rapidly in recent years. It will grow from $3.2 billion in 2023 to $3.55 billion in 2024 at a compound annual growth rate (CAGR) of 10.8%. The growth in the historic period can be attributed to increasing demand for animal protein, livestock industry growth, focus on animal nutrition, ban on antibiotic growth promoters, government initiatives and regulations.
The feed yeast market size is expected to see rapid growth in the next few years. It will grow to $5.29 billion in 2028 at a compound annual growth rate (CAGR) of 10.5%. The growth in the forecast period can be attributed to increasing meat consumption in emerging markets, rising consumer preference for natural products, focus on sustainable animal farming practices. Major trends in the forecast period include advancements in yeast strain development, rising popularity of yeast as a protein source, expansion of aquaculture industry, customized feed solutions, biotechnological innovations.
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Scope Of Feed Yeast Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Feed Yeast Market Overview
Market Drivers –
Increased industrialized livestock production is expected to propel the growth of the feed yeast market. Livestock production refers to the products derived from farm animals. It is a crucial component of world agriculture, contributing to food security and nutrition. Animal feed with more yeast enhances and boosts development, health, and production. Additionally, yeast can lessen health hazards for dairy cows fed a starch-rich diet by enhancing the digestion of fiber in the rumen to encourage the proliferation of microbes. In poultry, yeast offers a practical element that satisfies the energy requirements of chickens. For instance, according to the Food and Agriculture Organization of the United Nations, livestock supports about 1.3 billion people’s livelihoods and access to food and nutrition and contribute 40% of the worldwide value of agricultural output. Therefore, the increased industrialized livestock production will drive the growth of the feed yeast market.
Market Trends –
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
The feed yeast market covered in this report is segmented –
1) By Type: Probiotic Yeast, Brewer’s Yeast, Specialty Yeast, Yeast Derivatives
2) By Genus: Saccharomyces spp, Kluyveromyces spp, Other Genus
3) By Form: Fresh, Instant, Dry
4) By Animal Type: Ruminants, Poultry, Swine
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Regional Insights –
Asia-Pacific was the largest region in the feed yeast market in 2023. The regions covered in the feed yeast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the feed yeast market report are Associated British Foods PLC, Archer Daniels Midland Company, Alltech, Cargill Incorporated, Angel Yeast Co. Ltd., Chr. Hansen A/S, Lesaffre, Novus International Inc., Lallemand Inc., Leiber GmbH, Shandong Bio Sunkeen Co. Ltd., Açucareira Zillo Lorenzetti S. A., Shenyang Fada yeast Co. Ltd, Wester Yeast Company, Titan Biotech Ltd., Oriental Yeast Pvt. Ltd, Nutreco NV, Phibro Animal Health Corporation, DSM Nutritional Products AG, Pacific Ethanol (Alto Ingredients), Biomin, Diamond V, Kemin Industries Inc., Lucta S. A., Chr. Hansen Holding A/S, AB Vista, Evonik Industries AG, Pancosma SA, Danstar Ferment AG, Biorigin, Ohly, ICC Brazil, Biovet AD – Peshtera, Bioiberica, Novozymes A/S, Nutrias International NV
Table of Contents
1. Executive Summary
2. Feed Yeast Market Report Structure
3. Feed Yeast Market Trends And Strategies
4. Feed Yeast Market – Macro Economic Scenario
5. Feed Yeast Market Size And Growth
…..
27. Feed Yeast Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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