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.
Feed Yeast Market Size, Regional Share, Top Key Players, Latest trends, Growth, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
Market Outline: Feed Yeast Market
Yeasts are used in the animal nutrition to improve digestion of the animal. Yeasts helps to maintain the animal health by enhancing the immunity of animal. The most commonly used yeast is the saccharomyces cerevisae in animal feed industry. The nutritional components of yeast help in the metabolism of proteins, carbohydrates, and lipids in animals. Animal feed yeast products are classified into direct feed microbials which include live yeast, products with S.cerevisae with or without lie organisms, and other fungal derivatives of Aspergillus oryze and Aspergillus niger.
Market Dynamics: Feed Yeast Market
