Global Pet Feed Yeast Market, By Product (Fresh, Dry, Instant), Type (Dry, Liquid), End-Use Vertical (Food & Beverages, Pharmaceutical, Breweries, Nutraceutical Manufacturers), 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, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Pet feed yeast market will reach at an estimated value of USD 900.1 million and is expected to grow at a CAGR of 4.20% in the forecast period 2021 to 2028. Rising meat consumption is the major factor driving the growth of pet feed yeast market in the forecast period of 2021-2028.
Yeast is defined as microorganisms which is also known as single-celled fungi. Yeast has numerous numbers of species and is used in food applications such as sauces, snacks, seasoning, bakery products, and alcohol among others. Feed yeast is generally applied in ruminants since they are considered to be the most developed market for live yeast usage.
Increase in the demand from the additives application is the vital factor escalating the market growth, also rising concerns related to animal health, increasing benefits associated with the product and rising consumption of nutritional and dietary supplements all over the globe are the major factors among others driving the growth of pet feed yeast market. Moreover, rising modernization and rising consumption of dairy products, rising research and development activities in the market, rising innovations in the animal feed industry and rise in demand for pet food nutrition will further create new opportunities for pet feed yeast market in the forecast period of 2021- 2028.
However, rising competition for necessary raw materials, increasing concerns regarding complications with the health of pets with over-consumption of the product and increasing willingness of livestock growers to use antibiotics for animal feed are the major factors among others acting as restraints, while rising commercialization of duplicate and low-quality products will further challenge the growth of pet feed yeast market in the forecast period mentioned above.
his pet feed 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 pet feed 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.
Pet Feed Yeast Market Scope and Market Size
Pet feed yeast market is segmented on the basis of product, type and end-use vertical. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- Based on mode of product, the pet feed yeast market has been segmented into fresh, dry and instant.
- On the basis of type, the pet feed yeast market is segmented into dry and liquid.
- The pet feed yeast market is also segmented on the basis of end-use vertical into food & beverages, pharmaceutical, breweries, nutraceutical manufacturers.
Pet Feed Yeast Market Scope Country Level Analysis
Pet feed yeast market is analyses and market size, volume information is provided by country, product, type and end-use vertical as referenced above.
The countries covered in pet feed yeast market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, 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, UAE, 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 pet feed yeast market due to increasing demand for meat and meat products, rising awareness among farmers about providing optimum nutrition to farm animals, rising research and development expenditure by companies and governments in this region.
The country section of pet feed 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 Pet Feed Yeast Market Share Analysis
Pet feed yeast market report 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 pet feed yeast market report.
The major players covered in the pet feed yeast market report are Associated British Foods plc, Lesaffre, Leiber GmbH, Cargill, Incorporated, AngelYeast Co., Ltd., Lallemand Inc., F.L. EMMERT, BIOMIN HOLDING GMBH, ADM, DSM, Oriental Yeast Co., ltd., Kothariyeast.in, Chr. Hansen Holding A/S, Bruchem Inc, Synergy Flavors and Scandinavian Formulas 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 analyst understands competitive strengths and provides competitive analysis for each competitor separately.
Customization Available : Global Pet Feed Yeast Market
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