Global Probiotic Yeast for Animal Feed Market, By Genus (Saccharomyces SPP., Kluyveromyces SPP., Others), Livestock (Ruminants, Swine, Poultry, Aquatic Animals, Pets, Equine), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, 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, Rest Of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest Of Middle East And Africa) Industry Trends And Forecast To 2028
Market Analysis and Insights : Global Probiotic Yeast for Animal Feed Market
The probiotic yeast for animal feed market is expected to witness market growth at a rate of 5.30% in the forecast period of 2021 to 2028. Data Bridge Market Research report on probiotic yeast for animal feed market analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growing concerns associated with the health of animals across the globe are escalating the growth of probiotic yeast for animal feed market.
Yeast refers to single-celled fungus which is used in animal feed in order to improve its efficiency and promote animal production. They cure metabolic disorders of horses caused by change in diet, improve animal production in poultry and livestock and minimize the incidences of diarrhea in pigs.
The growing popularity of the direct fed microbial in animal nutrition applications and the increase in adoption of this animal nutrition approach by poultry farmers, cattle owners, pet owners among others globally are the major factors driving the probiotic yeast for animal feed market. The high use of probiotic yeast in ruminant feed in order to attain higher milk yield and improve the animal’s health and the utilization of these yeast for pigs’ feed to prevent post-weaning diarrhea as it reduces the entry of pathogens in their bodies accelerate the probiotic yeast for animal feed market growth. The increase in research and development activities by the manufacturers to enhance the supplements and growth in awareness regarding the nutritional benefits of the probiotic yeast among farmers also influences the probiotic yeast for animal feed market. Additionally, ban on the usage of antibiotic growth promoters in animal feed and rise in concerns regarding the health of animals worldwide positively affect the probiotic yeast for animal feed market. Furthermore, growing demand for pet nutrition, rise in innovations in the animal feed sector and the emergence of yeast as a promising protein source for animals extend profitable opportunities to the probiotic yeast for animal feed market players in the forecast period of 2021 to 2028.
On the other hand, consumer’s preference towards antibiotics for animal feed and the competitive scenario for basic raw materials in the market are the factors expected to obstruct the probiotic yeast for animal feed market. The increase in commercialization of forged and low quality products in the market and the impacts of the COVID-19 pandemic on the animal nutrition sector are projected to challenge the probiotic yeast for animal feed market in the forecast period of 2021-2028.
This probiotic yeast for animal feed market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 probiotic yeast for animal feed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Probiotic Yeast for Animal Feed Market Scope and Market Size
The probiotic yeast for animal feed market is segmented on the basis of genus and livestock. The growth among segments helps you analyze 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 genus, the probiotic yeast for animal feed market is segmented into saccharomyces SPP., kluyveromyces SPP. and others.
- On the basis of livestock, the probiotic yeast for animal feed market is segmented into ruminants, swine, poultry, aquatic animals, pets and equine.
Global Probiotic Yeast for Animal Feed Market Country Level Analysis
The probiotic yeast for animal feed market is analyzed and market size, volume information is provided by country, genus and livestock as referenced above.
The countries covered in the probiotic yeast for animal feed market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, 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, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the probiotic yeast for animal feed market due to the high production of probiotic yeast in countries including Netherlands, the U.K. and Russia, the ban on the use of antibiotics in the feed of animals and the continuous research and development activities in the yeast feed sector to enhance the efficiency of the product in animal nutrition. Asia-Pacific is expected to witness high growth in CAGR in the forecast period of 2021-2028 because of the commercialization of animal production, large production and application of feed yeast especially in China, increasing investment for research and development activities in the animal nutrition field by public and private organizations and growing awareness among farmers about the nutritional benefits of the products in the region.
The country section of the probiotic yeast for animal feed 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.
Probiotic Yeast for Animal Feed Market Share Analysis
The probiotic yeast for animal feed 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 probiotic yeast for animal feed market.
The major players covered in the probiotic yeast for animal feed market report are Associated British Foods plc, Alltech, Cargill, Incorporated, Lesaffre, Lallemand Inc., Novus International, Inc., AngelYeast Co., Ltd., Chr. Hansen Holding A/S, Kerry Inc., Kemin Industries, Inc., Titan Biotech, BioFeed, Prosol S.p.A., BIOMIN, Leiber GmbH, Shanghai Genon Biotech Co., Ltd., Ohly, Rajvi Enterprise, Hexon Laboratories Private Limited, Prions Bio Tech 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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