Feed Yeast Market

Feed Yeast Market by Type (Probiotic Yeast, Brewer’s Yeast, Specialty Yeast, and Yeast Derivatives), Livestock (Cattle, Swine, Poultry, Aquatic Animals, and Pets), Genus (Saccharomyces spp. and Kluyveromyces spp.), and Region - Global Forecast to 2023

Report Code: AGI 2661 Feb, 2019, by marketsandmarkets.com

[187 Pages Report] The feed yeast market is estimated to account for USD 1.7 billion in 2018 and is projected to reach USD 2.1 billion by 2023, at a CAGR of 5.27% during the forecast period. The market is primarily driven by the increasing awareness on health concerns related to the use of antibiotics in feed and preference for yeast-based feed products due to its high nutritional value. In addition, with the ban on the use of antibiotics in feed in most of the regions has led to high demand for feed yeast products.

Feed yeast market

On the basis of genus, the Saccharomyces Spp. segment is projected to be the fastest-growing segment during the forecast period.

Saccharomyces cerevisiae has been the most widely adopted yeast for various applications, including feed. Majority of the key players such as Associated British Foods plc. (UK), Cargill (US), and Lesaffre (France) have been providing feed yeast with Saccharomyces formulation. According to the FAO, besides Saccharomyces spp., Candida spp. (a part of which was formerly known as Torula) has been gaining traction as a probiotic yeast in feed application in North America. Of the various probiotic strains registered with the FAO in 2017 for animal nutrition, only Saccharomyces and Candida are approved for probiotic application in the feed industry.

The increasing awareness of health benefits associated with probiotic yeast has widened the scope of growth for the feed yeast market.

The use of probiotic yeast in ruminant feed resulted in improved health and higher milk production. Similarly, in pigs, yeast triggers an immune response to reduce the entry of pathogens in the body and also reduces the occurrence of post-weaning diarrhea. With the increasing use of probiotics for animal nutrition, growth promotion, and gut health development, the probiotic yeast segment is projected to record the fastest growth, on the basis of type, during the forecast period.

On the basis of livestock, the aquatic animals segment is projected to witness the highest growth in the feed yeast market.

A rise in fish farming practices in the developing countries of the Asia Pacific due to the increased profits through farmed fish cultivation over the past 10 years. In addition, the increasing fish consumption in regions such as Europe and South America encourages fish farming, which would further drive the feed yeast market in the aquafeed segment. Supplementing feed yeast in right quantities to aquatic animals leads to an optimal supply of essential nutrients.

Feed yeast market

The Asia Pacific is projected to witness the highest growth in the feed yeast market during the forecast period.

As per the FAO figures of 2017, the consumption rate of meat products in East Asia had witnessed rapid growth. The consumption rate reached 50 kg per person in 2015 from nearly 9 kg per capita in the 1960s. However, the ban on the use of antibiotics as a growth promoter in the livestock sector across the European and North American countries has indirectly impacted the Asia Pacific countries. This has encouraged key companies of feed additives to develop natural growth promoters and health supplements. Since the ban, the livestock producers had identified innovative ways to promote animal production through products with similar benefits by replacing antibiotic growth promoters with microbial-based feed additives, which possess antibiotic properties. Many key players such as Lallemand Inc. (Canada) and Angel Yeast (China) are focusing on tapping the Asia Pacific market by setting up their feed additive manufacturing units.

Key Market Players

There are many local and global players that provide feed yeast for different industry verticals including the feed industry, which holds a strong demand for yeast. Multiple companies are major suppliers of yeast in more than one industry, and hence, the end-use applications for their products are not mentioned. Hence, the scope of this report includes a detailed study of those yeast and feed yeast manufacturers whose portfolio mentions the end use as feed, such as Associated British Foods Inc. (UK), Archer Daniels Midland Company (US), Alltech Inc. (US), Cargill (US), Angel Yeast Company (China), Chr. Hansen (Denmark), and Lesaffre (France). Various strategies such as acquisitions, joint ventures, and new product launches were adopted by companies, to enter the feed yeast market.

Recent Developments

  • In November 2018, Phileo (France), a subsidiary of Lesaffre, launched a new range Actisaf Sc 47 HR+. The product is a feed yeast solution for farm animal species including ruminants, swine, and horses.
  • In August 2018, Archer Daniels Midland Company (US) acquired Probiotics International Limited, a UK-based company, which deals with the manufacturing of natural healthcare and probiotic supplements for humans, pets, and animal nutrition applications. The deal was closed with USD 242.41 million in the UK. This acquisition would help the company to strengthen its product portfolio and market coverage.
  • In January 2019, Ohly (UK), a subsidiary of Associated British Foods and Lallemand (Canada), entered into a strategic partnership for the divestment of Ohly’s Hutchinson Torula Yeast facility. The long-term supply partnership assured Ohly to receive a continuous supply of whole cells of Torula products from the Hutchinson site, to be distributed in the US market.

Key questions addressed by the report:

  • How would the feed yeast market be dependent on the distilleries and livestock industry, and which livestock would adopt maximum usage of feed yeast?
  • Which region will account for the highest share in the feed yeast market?
  • Which type of feed yeast holds high potential for growth in each key country?
  • What are the trends and factors responsible for influencing the adoption rate of feed yeast in key emerging countries? What is the level of support offered by the government across countries towards the manufacturers to adopt these natural growth promoters in feed?
  • Which are the key players in the market and how intense is the competition?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
    1.4 Regional Segmentation
    1.5 Periodization Considered
    1.6 Currency Considered
    1.7 Unit Considered
    1.8 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Key Industry Insights
                    2.1.2.2 Breakdown of Primary Interviews
    2.2 Market Size Estimation
    2.3 Data Triangulation
    2.4 Research Assumptions
    2.5 Limitations

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 33)
    4.1 Opportunities in the Feed Yeast Market
    4.2 Feed Yeast Market, By Type
    4.3 Asia Pacific: Feed Yeast Market, By Key Livestock & Country
    4.4 Market, By Livestock & Region
    4.5 Market, By Key Country

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Macroeconomic Indicators
           5.2.1 Increasing Growth in the Compound Feed Industry
                    5.2.1.1 Increasing Compound Feed Production
           5.2.2 Increase in Livestock Population
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Nutritional Benefits From Yeast-Based Feed Products
                    5.3.1.2 Increasing Concerns Related to Animal Health
                               5.3.1.2.1 Ban on the Use of Antibiotic Growth Promoters in Feed
           5.3.2 Restraints
                    5.3.2.1 Competition for Basic Raw Materials
                    5.3.2.2 Willingness of Livestock Growers to Use Antibiotics for Animal Feed
           5.3.3 Opportunities
                    5.3.3.1 Innovations in the Animal Feed Industry
                    5.3.3.2 Increase in Demand for Pet Food Nutrition
                    5.3.3.3 Yeast as the Promising Protein Source
           5.3.4 Challenges
                    5.3.4.1 Commercialization of Duplicate and Low-Quality Products
    5.4 Patent Analysis
    5.5 Regulatory Framework
           5.5.1 North America
                    5.5.1.1 US
                    5.5.1.2 Canada
           5.5.2 Europe
           5.5.3 Asia Pacific
                    5.5.3.1 Australia
                    5.5.3.2 China

6 Feed Yeast Market, By Type (Page No. - 58)
    6.1 Introduction
    6.2 Probiotic Yeast
           6.2.1 Probiotic Yeast is Considered to Be A Suitable Replacement for Feed Antibiotics
    6.3 Brewer’s Yeast
           6.3.1 Brewer’s Yeast is Considered as A Rich Source of Protein Supplement and Alternative for Feed
    6.4 Specialty Yeast
           6.4.1 Selenium Yeast
                    6.4.1.1 The Health Benefits of Selenium-Enriched Yeast are Projected to Strengthen Its Demand
           6.4.2 Chromium Yeast
                    6.4.2.1 Chromium Yeast Act as A Stress Reliever for Animals
    6.5 Yeast Derivatives
           6.5.1 Beta-Glucans
                    6.5.1.1 Immunostimulating Properties of Beta-Glucans is A Key Factor for Its Premium Price Value
           6.5.2 Nucleotides
                    6.5.2.1 Nucleotide-Based Yeasts are Used at Early Stages of the Animal’s Life
           6.5.3 Mannooligosaccharides
                    6.5.3.1 Pathogen Binding Capacity of Mannooligosaccharides is Projected to Be A Major Feed Functionality in the Coming Years

7 Feed Yeast Market, By Livestock (Page No. - 68)
    7.1 Introduction
    7.2 Swine
           7.2.1 Asia Pacific is Estimated to Dominate the Swine Feed Yeast Market
    7.3 Cattle
           7.3.1 Rise in Cattle Production to Drive Consumption of Feed Yeast Across All Regions
    7.4 Poultry
           7.4.1 Reduction in Usage of Antibiotics Could Boost the Demand for Yeast-Based Poultry Diets
    7.5 Aquatic Animals
           7.5.1 Demand for Yeast-Fortified Aqua Feed is Expected to Grow Significantly in Farmed Fish Cultivation
    7.6 Pets
           7.6.1 The Trend of Feeding Complete Diet to Pets is Growing With the Growth in Urbanization
    7.7 Others

8 Feed Yeast Market, By Genus (Page No. - 80)
    8.1 Introduction
    8.2 Saccharomyces Spp.
           8.2.1 Higher Usage in Animal Feed Due to Its Beneficial Effects on Animal Health and Growth Performance
    8.3 Kluyveromyces Spp.
           8.3.1 According to Cofalec, Kluyveromyces Marxianus Was the Second Most Common Strain Used for Feed Additive
    8.4 Other Genera

9 Feed Yeast Market, By Region (Page No. - 84)
    9.1 Introduction
    9.2 North America
           9.2.1 US
                    9.2.1.1 Being the Second-Largest Producer of Feed in the World, the Country has the Largest Market in the Region
           9.2.2 Canada
                    9.2.2.1 Increasing Exports of Animal Food Products Support the Growth of the Canadian Feed Industry
           9.2.3 Mexico
                    9.2.3.1 The Mexican Feed Industry is Well Supported By Government Incentives
    9.3 Europe
           9.3.1 Netherlands
                    9.3.1.1 High Livestock Production Drives the Market for Feed Yeast in the Netherlands
           9.3.2 UK
                    9.3.2.1 The UK Witnessed A Significant Drop in Antibiotic Sales for Feed in the Last Few Years
           9.3.3 Russia
                    9.3.3.1 Less Stringent Regulations on the Use of Antibiotics for Feed in Russia May Restrict the Growth for the Feed Yeast Market
           9.3.4 France
                    9.3.4.1 High Livestock Production in France Drives the Feed Yeast Market in the Country
           9.3.5 Germany
                    9.3.5.1 High Availability of Spent Grains as Raw Materials for the Production of Yeast in Germany Drives the Feed Yeast Market Growth
           9.3.6 Rest of Europe
    9.4 Asia Pacific
           9.4.1 China
                    9.4.1.1 China Surpassed the US in Terms of Feed Production in 2017
           9.4.2 Japan
                    9.4.2.1 Decline in Antibiotic Feed Additives Led to the Development of Microbial-Based Feed Additive Products in Japan
           9.4.3 India
                    9.4.3.1 Increase in Demand for Milk and Milk Products in India Drives the Feed Yeast Market in the Country
           9.4.4 South Korea
                    9.4.4.1 Demand for Beef Products has Been Boosting the Demand for Premium Nutrition Products in Korea
           9.4.5 Thailand
                    9.4.5.1 The Developing Economic Conditions in Thailand has Spurred Growth Opportunity for Feed Yeast Market
           9.4.6 Australia
                    9.4.6.1 Livestock Farming has Been an Essential Part of the Australian Economy, Thereby Broadening the Growth Scope for Yeast Market
           9.4.7 Rest of Asia Pacific
    9.5 South America
           9.5.1 Brazil
                    9.5.1.1 Brazil Occupied Over 60% of South American Feed Production
           9.5.2 Argentina
                    9.5.2.1 Growth Scope for Feed Additives, Including Feed Yeast, is Expected to Be Spurred After the Removal of Export Taxes
           9.5.3 Rest of South America
    9.6 Rest of the World (RoW)
           9.6.1 The Middle East
                    9.6.1.1 Growing Industrialization of the Feed Industry in the Region
           9.6.2 Africa
                    9.6.2.1 The Growing Poultry and Cattle Feed Demand in Africa to Have A Long-Term Impact on the Feed Yeast Market Growth

10 Competitive Landscape (Page No. - 147)
     10.1 Overview
     10.2 Competitive Leadership Mapping
             10.2.1 Dynamic Capitalizers
             10.2.2 Innovators
             10.2.3 Visionary Leaders
             10.2.4 Emerging Companies
     10.3 Share Analysis, 2018
     10.4 Competitive Leadership Mapping (For Start-UPS/Sme’s)
             10.4.1 Progressive Companies
             10.4.2 Starting Blocks
             10.4.3 Responsive Companies
             10.4.4 Dynamic Companies
     10.5 Competitive Scenario
             10.5.1 New Product Launches
             10.5.2 Expansions & Investments
             10.5.3 Acquisitions
             10.5.4 Partnerships, Joint Ventures, and Agreements

11 Company Profiles (Page No. - 156)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)*
     11.1 Associated British Foods PLC.
     11.2 Archer Daniels Midland Company
     11.3 Alltech Inc.
     11.4 Cargill
     11.5 Nutreco N.V.
     11.6 Lesaffre Group
     11.7 Lallemand Inc.
     11.8 Novus International
     11.9 Angel Yeast Co Ltd.
     11.10 Chr. Hansen
     11.11 Zilor (Biorigin)
     11.12 Kerry Group
     11.13 Kemin Industries

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 181)
     12.1 Discussion Guide
     12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.3 Available Customizations
     12.4 Related Reports
     12.5 Author Details


List of Tables (149 Tables)

Table 1 USD Exchange Rate, 2014–2017
Table 2 Nutritional Composition of Brewer’s Yeast in Comparison With Dehulled Soybean Meal
Table 3 Amino Acid Comparison Chart for Yeast and Soy Meal-Based Livestock Diet
Table 4 List of Important Patents for Feed Yeast, 2014–2018
Table 5 Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 6 Market Size, By Type, 2016–2023 (KT)
Table 7 Probiotic Yeast Market Size, By Region, 2016–2023 (USD Million)
Table 8 Probiotic Yeast Market Size, By Region, 2016–2023 (KT)
Table 9 Brewer’s Yeast Market Size, By Region, 2016–2023 (USD Million)
Table 10 Brewer’s Yeast Market Size, By Region, 2016–2023 (KT)
Table 11 Specialty Yeast Market Size, By Region, 2016–2023 (USD Million)
Table 12 Specialty Yeast Market Size, By Region, 2016–2023 (KT)
Table 13 Yeast Derivatives Market Size, By Region, 2016–2023 (USD Million)
Table 14 Yeast Derivatives Market Size, By Region, 2016–2023 (KT)
Table 15 Feed Yeast Market Size, By Livestock, 2016–2023 (USD Million)
Table 16 Market Size, By Livestock, 2016–2023 (KT)
Table 17 Yeast Market Size in Swine Feed, By Region, 2016–2023 (USD Million)
Table 18 Yeast Market Size in Swine Feed, By Region, 2016–2023 (KT)
Table 19 Yeast Market Size in Cattle Feed, By Region, 2016–2023 (USD Million)
Table 20 Yeast Market Size in Cattle Feed, By Region, 2016–2023 (KT)
Table 21 Yeast Market Size in Poultry Feed, By Region, 2016–2023 (USD Million)
Table 22 Yeast Market Size in Poultry Feed, By Region, 2016–2023 (KT)
Table 23 Yeast Market Size in Aquafeed, By Region, 2016–2023 (USD Million)
Table 24 Yeast Market Size in Aquafeed, By Region, 2016–2023 (KT)
Table 25 Yeast Market Size in Pet Food, By Region, 2016–2023 (USD Million)
Table 26 Yeast Market Size in Pet Food, By Region, 2016–2023 (KT)
Table 27 Yeast Market Size in Other Livestock Feed, By Region, 2016–2023 (USD Million)
Table 28 Yeast Market Size in Other Livestock Feed, By Region, 2016–2023 (KT)
Table 29 Feed Yeast Market Size, By Genus, 2016–2023 (USD Million)
Table 30 Market Size, By Region, 2016–2023 (USD Million)
Table 31 Feed Yeast Market Size, By Region, 2016–2023 (KT)
Table 32 North America: Feed Yeast Market Size, By Country, 2016–2023 (USD Million)
Table 33 North America: Market Size, By Country, 2016–2023 (KT)
Table 34 North America: Market Size, By Type, 2016–2023 (USD Million)
Table 35 North America: Market Size, By Type, 2016–2023 (KT)
Table 36 North America: Market Size, By Livestock, 2016–2023 (USD Million)
Table 37 North America: Market Size, By Livestock, 2016–2023 (KT)
Table 38 US: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 39 US: Market Size, By Type, 2016–2023 (KT)
Table 40 US: Market Size, By Livestock, 2016–2023 (USD Million)
Table 41 US: Market Size, By Livestock, 2016–2023 (KT)
Table 42 Canada: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 43 Canada: Market Size, By Type, 2016–2023 (KT)
Table 44 Canada: Market Size, By Livestock, 2016–2023 (USD Million)
Table 45 Canada: Market Size, By Livestock, 2016–2023 (KT)
Table 46 Mexico: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 47 Mexico: Market Size, By Type, 2016–2023 (KT)
Table 48 Mexico: Market Size, By Livestock, 2016–2023 (USD Million)
Table 49 Mexico: Market Size, By Livestock, 2016–2023 (KT)
Table 50 Europe: Feed Yeast Market Size, By Country, 2016–2023 (USD Million)
Table 51 Europe: Market Size, By Country, 2016–2023 (KT)
Table 52 Europe: Market Size, By Type, 2016–2023 (USD Million)
Table 53 Europe: Market Size, By Type, 2016–2023 (KT)
Table 54 Europe: Market Size, By Livestock, 2016–2023 (USD Million)
Table 55 Europe: Market Size, By Livestock, 2016–2023 (KT)
Table 56 Netherlands: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 57 Netherlands: Market Size, By Type, 2016–2023 (KT)
Table 58 Netherlands: Market Size, By Livestock, 2016–2023 (USD Million)
Table 59 Netherlands: Market Size, By Livestock, 2016–2023 (KT)
Table 60 UK: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 61 UK: Market Size, By Type, 2016–2023 (KT)
Table 62 UK: Market Size, By Livestock, 2016–2023 (USD Million)
Table 63 UK: Market Size, By Livestock, 2016–2023 (KT)
Table 64 Russia: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 65 Russia: Market Size, By Type, 2016–2023 (KT)
Table 66 Russia: Market Size, By Livestock, 2016–2023 (USD Million)
Table 67 Russia: Market Size, By Livestock, 2016–2023 (KT)
Table 68 France: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 69 France: Market Size, By Type, 2016–2023 (KT)
Table 70 France: Market Size, By Livestock, 2016–2023 (USD Million)
Table 71 France: Market Size, By Livestock, 2016–2023 (KT)
Table 72 Germany: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 73 Germany: Market Size, By Type, 2016–2023 (KT)
Table 74 Germany: Market Size, By Livestock, 2016–2023 (USD Million)
Table 75 Germany: Market Size, By Livestock, 2016–2023 (KT)
Table 76 Rest of Europe: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 77 Rest of Europe: Market Size, By Type, 2016–2023 (KT)
Table 78 Rest of Europe: Market Size, By Livestock, 2016–2023 (USD Million)
Table 79 Rest of Europe: Market Size, By Livestock, 2016–2023 (KT)
Table 80 Asia Pacific: Feed Yeast Market Size, By Country, 2016–2023 (USD Million)
Table 81 Asia Pacific: Market Size, By Country, 2016–2023 (KT)
Table 82 Asia Pacific: Market Size, By Type, 2016–2023 (USD Million)
Table 83 Asia Pacific: Market Size, By Type, 2016–2023 (KT)
Table 84 Asia Pacific: Market Size, By Livestock, 2016–2023 (USD Million)
Table 85 Asia Pacific: Market Size, By Livestock, 2016–2023 (KT)
Table 86 China: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 87 China: Market Size, By Type, 2016–2023 (KT)
Table 88 China: Market Size, By Livestock, 2016–2023 (USD Million)
Table 89 China: Market Size, By Livestock, 2016–2023 (KT)
Table 90 Japan: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 91 Japan: Market Size, By Type, 2016–2023 (KT)
Table 92 Japan: Market Size, By Livestock, 2016–2023 (USD Million)
Table 93 Japan: Market Size, By Livestock, 2016–2023 (KT)
Table 94 India: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 95 India: Market Size, By Type, 2016–2023 (KT)
Table 96 India: Market Size, By Livestock, 2016–2023 (USD Million)
Table 97 India: Market Size, By Livestock, 2016–2023 (KT)
Table 98 South Korea: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 99 South Korea: Market Size, By Type, 2016–2023 (KT)
Table 100 South Korea: Market Size, By Livestock, 2016–2023 (USD Million)
Table 101 South Korea: Market Size, By Livestock, 2016–2023 (KT)
Table 102 Thailand: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 103 Thailand: Market Size, By Type, 2016–2023 (KT)
Table 104 Thailand: Market Size, By Livestock, 2016–2023 (USD Million)
Table 105 Thailand: Market Size, By Livestock, 2016–2023 (KT)
Table 106 Australia: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 107 Australia: Market Size, By Type, 2016–2023 (KT)
Table 108 Australia: Market Size, By Livestock, 2016–2023 (USD Million)
Table 109 Australia: Market Size, By Livestock, 2016–2023 (KT)
Table 110 Rest of Asia Pacific: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 111 Rest of Asia Pacific: Market Size, By Type, 2016–2023 (KT)
Table 112 Rest of Asia Pacific: Market Size, By Livestock, 2016–2023 (USD Million)
Table 113 Rest of Asia Pacific: Market Size, By Livestock, 2016–2023 (KT)
Table 114 South America: Feed Yeast Market Size, By Country, 2016–2023 (USD Million)
Table 115 South America: Market Size, By Country, 2016–2023 (KT)
Table 116 South America: Market Size, By Type, 2016–2023 (USD Million)
Table 117 South America: Market Size, By Type, 2016–2023 (KT)
Table 118 South America: Market Size, By Livestock, 2016–2023 (USD Million)
Table 119 South America: Market Size, By Livestock, 2016–2023 (KT)
Table 120 Brazil: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 121 Brazil: Market Size, By Type, 2016–2023 (KT)
Table 122 Brazil: Market Size, By Livestock, 2016–2023 (USD Million)
Table 123 Brazil: Market Size, By Livestock, 2016–2023 (KT)
Table 124 Argentina: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 125 Argentina: Market Size, By Type, 2016–2023 (KT)
Table 126 Argentina: Market Size, By Livestock, 2016–2023 (USD Million)
Table 127 Argentina: Market Size, By Livestock, 2016–2023 (KT)
Table 128 Rest of South America: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 129 Rest of South America: Market Size, By Type, 2016–2023 (KT)
Table 130 Rest of South America: Market Size, By Livestock, 2016–2023 (USD Million)
Table 131 Rest of South America: Market Size, By Livestock, 2016–2023 (KT)
Table 132 RoW: Feed Yeast Market Size, By Region, 2016–2023 (USD Million)
Table 133 RoW: Market Size, By Region, 2016–2023 (KT)
Table 134 RoW: Market Size, By Type, 2016–2023 (USD Million)
Table 135 RoW: Market Size, By Type, 2016–2023 (KT)
Table 136 RoW: Market Size, By Livestock, 2016–2023 (USD Million)
Table 137 RoW: Market Size, By Livestock, 2016–2023 (KT)
Table 138 Middle East: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 139 Middle East: Market Size, By Type, 2016–2023 (KT)
Table 140 Middle East: Market Size, By Livestock, 2016–2023 (USD Million)
Table 141 Middle East: Market Size, By Livestock, 2016–2023 (KT)
Table 142 Africa: Feed Yeast Market Size, By Type, 2016–2023 (USD Million)
Table 143 Africa: Market Size, By Type, 2016–2023 (KT)
Table 144 Africa: Market Size, By Livestock, 2016–2023 (USD Million)
Table 145 Africa: Market Size, By Livestock, 2016–2023 (KT)
Table 146 New Product Launches, 2013 –2018
Table 147 Expansions & Investments, 2013 - 2018
Table 148 Acquisitions, 2013 –2018
Table 149 Partnerships, Joint Ventures, and Agreements, 2013–2016


List of Figures (43 Figures)

Figure 1 Market Segmentation
Figure 2 Feed Yeast Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Feed Yeast Market Size, By Genus, 2018 vs 2023 (USD Million)
Figure 8 Feed Yeast Market Share (Volume), By Type, 2017
Figure 9 Feed Yeast Market Share (Volume), By Livestock, 2018 vs 2023
Figure 10 Feed Yeast Market: Regional Snapshot
Figure 11 The Ban on Feed Antibiotics in Europe is Projected to Maintain Steady Market Growth for Feed Yeast
Figure 12 Yeast Derivatives Formed the Most Highly Valued Feed Yeast Type in 2017
Figure 13 Asia Pacific: China Was One of the Major Yeast Producers and Consumers Across the Globe in 2017
Figure 14 Asia Pacific Witnessed the Highest Demand for Feed Yeast in the Poultry, Swine, and Aquatic Sectors in 2017
Figure 15 Asian Countries are Projected to Witness High Growth During the Forecast Period
Figure 16 Compound Feed Production Trends in EU, 2011-2017
Figure 17 Global Livestock Production Trends, 2011–2017
Figure 18 Feed Yeast Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Number of Patents Approved for Feed Yeast, By Key Company, 2014–2018
Figure 20 Geographical Analysis: Patent Approval for Feed Yeast, 2014–2018
Figure 21 Feed Yeast Market Size, By Type, 2018 vs 2023 (USD Million)
Figure 22 Market Size, By Type, 2018 vs 2023 (KT)
Figure 23 Market Size, By Livestock, 2018 vs 2023 (USD Million)
Figure 24 Market Size, By Livestock, 2018 vs 2023 (KT)
Figure 25 Market Size, By Genus, 2018 vs 2023 (USD Million)
Figure 26 The US Was the Dominant Market for Feed Yeast in 2017
Figure 27 Europe: Regional Snapshot
Figure 28 Asia Pacific: Regional Snapshot
Figure 29 Feed Yeast Market: Competitive Leadership Mapping, 2018
Figure 30 Key Developments of the Leading Players in the Feed Yeast Market, 2014 –2018
Figure 31 ABF, Cargill, Alltech, and Lesaffre Occupied A Dominant Share in the Global as Well Regional Markets
Figure 32 Feed Yeast Market: Competitive Leadership Mapping for Start-UPS, 2018
Figure 33 Associated British Foods: Company Snapshot
Figure 34 Associated British Foods: SWOT Analysis
Figure 35 Archer Daniels Midland Company: Company Snapshot
Figure 36 Archer Daniels Midland Company: SWOT Analysis
Figure 37 Cargill: Company Snapshot
Figure 38 Cargill: SWOT Analysis
Figure 39 Lesaffre: SWOT Analysis
Figure 40 Lallemand: SWOT Analysis
Figure 41 Chr. Hansen: Company Snapshot
Figure 42 Zilor (Biorigin): Company Snapshot
Figure 43 Kerry: Company Snapshot

The study includes four major activities to estimate the current market size for feed yeast. Exhaustive secondary research was done to collect information on the overall market and the peer market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were used to estimate the complete market size. Thereafter, data triangulation was used, and the market breakdown was done to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources were referred to, to identify and collect information for this study. The secondary sources included annual reports, press releases and investor presentations of companies, white papers, certified publications, articles from recognized authors, gold & silver standard websites, regulatory bodies, trade directories, and databases. Secondary research was mainly used to obtain important information about the industry’s supply chain, the market’s value chain, key players, and the market classification and segmentation according to the industry trends to the bottom-most level, and geographical markets. It was also used to obtain information on key developments from a market-oriented perspective.

Primary Research

The market comprises several stakeholders, which include yeast manufacturers, formulators, suppliers, and feed and feed additive manufacturers in the supply chain. Various primary sources from both the supply and demand sides of yeast manufacturers and feed manufacturers were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include research institutions, feed premix and supplement formulators and suppliers, government agencies, livestock, and the feed industry associations, and farm cooperative societies. The primary sources from the supply side include yeast starter culture providers, corn distillers and bioethanol manufacturers, raw material and fermenter equipment suppliers, and key opinion leaders.

Feed yeast market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the market. These approaches were also used extensively to estimate the size of various dependent submarkets. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets were identified through extensive secondary research.
  • All percentage share splits and breakdowns were determined using secondary sources and verified through primary sources.
  • All the possible parameters that affect the market were covered in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • Research included the study of reports, reviews, and newsletters of top market players along with extensive interviews for opinions from leaders such as CEOs, directors, and marketing executives.

Data Triangulation

After arriving at the overall market size from the estimation process explained above, the total market was split into several segments and subsegments. In order to arrive at the exact statistics for all the segments and subsegments, the data triangulation and market breakdown procedures were employed wherever applicable. After the market was validated using both the top-down and bottom-up approaches, the data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • Determining and projecting the size of the feed yeast market with respect to type, livestock, genus, and region over a five-year period from 2018 to 2023
  • Identifying attractive opportunities in the market by determining the largest and fastest-growing segments across regions
  • Analyzing the demand-side factors on the basis of the following:
  • Impact of macro- and microeconomic factors on the market
  • Shifts in demand patterns across different subsegments and regions
  • Identifying and profiling key market players in the feed yeast market on the basis of the following:
  • Product/service offering
  • Business strategies              
  • Strengths, weaknesses, opportunities, and threats
  • Key financials
  • Understanding the competitive landscape for a comparative analysis of market leaders and identifying the key market shareholders across the industry.
  • Analyzing regulatory frameworks across regions and their impact on prominent market players
  • Providing insights on key investments in technology innovations

Scope of Report

Report metric

Details

Market sizes available for years

2016-2023

Base year considered

2017

Forecast period

2018-2023

Forecast units

Value (USD) and Volume (KT)

Segments covered

Type, Livestock, Genus, and Region

Geographies covered

North America, Asia Pacific, Europe, South America, and RoW

Companies covered

Associated British Foods Inc. (UK), Archer Daniels Midland Company (US), Alltech Inc. (US), Cargill (US), Angel Yeast Company (China), Chr. Hansen (Denmark), Lesaffre (France), Nutreco N.V. (Netherlands), Lallemand Inc. (Canada), Novus International (US), Zilor (Biorigin) (Brazil), Kerry Group (Ireland), and Kemin (US)

This research report categorizes the feed yeast market based on type, livestock, genus, and region.

On the basis of Type, the feed yeast market has been segmented as follows:

  • Probiotic yeast
  • Brewer’s yeast
  • Specialty yeast
  • Yeast derivatives

On the basis of Livestock, the feed yeast market has been segmented as follows:

  • Cattle
  • Poultry
  • Swine
  • Aquatic animals
  • Pets
  • Others (sheep, goats, equine, and other birds)

On the basis of Genus, the feed yeast market has been segmented as follows:

  • Saccharomyces spp.
  • Kluyveromyces spp.
  • Others (Torula spp. and Pichia spp.)

On the basis of region, the feed yeast market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • RoW (Africa and the Middle East)

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.

The following customization options are available for the report:

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company

Geographic Analysis

  • Further breakdown of the Rest of Europe market into Italy, Spain, Belgium, and Denmark
  • Further breakdown of the Rest of Asia Pacific market into the Philippines, Vietnam, Indonesia, Pakistan, and New Zealand
  • Further breakdown of the Rest of South America market into Chile, Colombia, and Venezuela

Company Information

  • Detailed analyses and profiling of additional market players (up to five)
Report Code
AGI 2661
Published ON
Feb, 2019
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Marie Steelle

Senior Research analyst- MarketsandMarkets

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