Global Aquafeed Yeast Market, By Type (Yeast Derivatives, Probiotic Yeast, Brewer’s Yeast, Specialty Yeast), Genus (Saccharomyces Spp., Kluyveromyces Spp., Others), Form (Dry Form, Wet Form, Moist Form), Species (Fish, Crustaceans, Mollusks, Other Species), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aquafeed Yeast Market
Aquafeed yeast market is expected to grow at a rate of 5.80% in the forecast period 2021 to 2028. Increasing growth in the aquaculture industry across the globe which will likely to act as a factor for the aquafeed yeast market in the forecast period of 2021- 2028.
The feed yeast is used to feed animals after the feed antibiotics got banned because of their side effects. Since then the feed yeast has been highly adopted due to its health benefits, such as better digestion, better nutrient absorption, and better livestock efficiency.
Increasing nutritional benefits from yeast-based feed products, rising concerns among the people related to animal health, ban on the use of antibiotic growth promoters in feed, increasing seaborne trade to meet the rising demand of food, rising support from the government along with development of innovative products as a source of protein are some of the major as well as vital factors which will likely to boost the growth of the aquafeed yeast market in the projected timeframe of 2021-2028. On the other hand, rising number of innovations in the animal feed industry along with increase in demand for pet food nutrition which will further contribute by generating massive opportunities that will lead to the growth of the aquafeed yeast market in the projected timeframe mentioned above.
Volatility in the prices of raw material along with increasing competition among the existing players which will likely to act as market restraints factor for the growth of the aquafeed yeast in the projected timeframe mentioned above. Commercialization of duplicate and low-quality products along with rising environmental concern which will become the biggest and foremost challenge for the growth of the market.
This aquafeed yeast market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aquafeed yeast market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Aquafeed Yeast Market Scope and Market Size
Aquafeed yeast market is segmented on the basis of type, genus, form, and species. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the aquafeed yeast market is segmented into yeast derivatives, probiotic yeast, brewer’s yeast, specialty yeast. Yeast derivatives have been further segmented into beta-glucans, nucleotides, and mannooligosaccharides. Specialty yeast has been further segmented into selenium yeast, and chromium yeast.
- Based on genus, the aquafeed yeast market is segmented into saccharomyces spp., kluyveromyces spp., and others. Others have been further segmented into torula spp. and pichia spp.
- Based on the form, the aquafeed yeast market is segmented into dry form, wet form, and moist form.
- The aquafeed yeast market is also segmented on the basis of species. The species is segmented into fish, crustaceans, mollusks, and other species. Fish segment has been further segmented into tilapia, salmon, carp, trout, and other fish species. Crustaceans have been further segmented into shrimp, crabs, krill, and other crustaceans. Mollusks have been further segmented into oysters, mussels, and other mollusks.
Aquafeed Yeast Market Country Level Analysis
Aquafeed yeast market is analysed and market size, volume information is provided by country, type, genus, form, and species as referenced above.
The countries covered in the aquafeed yeast market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the aquafeed yeast market due to the increasing number of production, consumption as well as processing of aquaculture products, rapid urbanization, and diet verification along with increasing seaborne trade in the region while North America, and Europe will expect to grow in the forecast period of 2021-2028 due to the prevalence of various market players along with rising demand of aquafeed products to improve fish health in the region.
The country section of the aquafeed yeast market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aquafeed Yeast Market Share Analysis
Aquafeed yeast market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aquafeed yeast market.
The major players covered in the aquafeed yeast report are Alltech.; AngelYeast Co., Ltd.; ADM; Associated British Foods plc; Barentz; BioFeed; ERBER Group; Cargill, Incorporated.; Chr. Hansen Holding A/S; Devenish Nutrition Limited; F.L. EMMERT; Kemin Industries, Inc.; Kerry Inc.; Lallemand Inc.; Leiber GmbH; Lesaffre; NOVUS INTERNATIONAL; Nutreco N.V.; Prosol S.p.A.; Shanghai Genon Biotech Co.,Ltd; China Shenyang Fada Co.,Ltd; SIVER AGRO LLC; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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