Tag Archives: Feed Yeast Market

Increasing Concerns Related to Animal Health Drives the Feed Yeast Market

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.

The use of yeast derivatives for feed production is projected to remain high during the forecast period.