The Animal Feed Inactive Yeast Global Market Report 2023, provides comprehensive information on the animal feed inactive yeast market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Animal Feed Inactive Yeast Global Market Report 2023, the market is expected to grow from $145.95 billion in 2022 to $154.61 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The animal feed inactive yeast market is expected to reach $186.81 billion in 2027 at a CAGR of 4.8%.
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Product innovation is a key trend gaining popularity in the animal feed inactive yeast market. Major companies operating in the animal feed inactive yeast market are developing innovative products to sustain their position in the market. For instance, in March 2022, Lallemand Inc., a US-based animal nutrition company, launched YELA PROSECURE. It is a specifically designed hydrolyzed yeast that offers highly digestible and functional nutrients that support animal performance, digestive care, and feed palatability while contributing to the feed protein balance. This innovative product uses a controlled hydrolysis process by adding selected exogenous enzymes to the biomass. It ensures high nutrient digestibility and functionality while being reliable and available in volume. Additionally, it benefits animals by increasing nutrient digestibility, improving gut health, reducing the risk of disease, increasing growth rates, and improving feed conversion efficiency.
The animal feed inactive yeast market is segmented:
1) By Form: Powder, Flakes, Tablet, Capsule
2) By Nature: Organic, Conventional
3) By Sales Channel: Business-To-Business (B2B), Business-To-Consumer (B2C)
4) By Application: Poultry, Swine, Cattle, Aquaculture, Pet food, Other Applications
Asia-Pacific was the largest region in the animal feed inactive yeast market in 2022.
The table of contents in TBRC’s animal feed inactive yeast market report includes:
- Executive Summary
- Animal Feed Inactive Yeast Market Characteristics
- Animal Feed Inactive Yeast Market Trends And Strategies
- Animal Feed Inactive Yeast Market – Macro Economic Scenario
- Global Animal Feed Inactive Yeast Market Size and Growth
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- Animal Feed Inactive Yeast Market Other Major And Innovative Companies
- Global Animal Feed Inactive Yeast Market Competitive Benchmarking
- Global Animal Feed Inactive Yeast Market Competitive Dashboard
- Key Mergers And Acquisitions In The Animal Feed Inactive Yeast Market
- Animal Feed Inactive Yeast Market Future Outlook and Potential Analysis
Top Major Players
- Cargill Inc.
- The Archer-Daniels-Midland Company
- AB Enzymes GmbH
- Ohly GmbH
- Feed One Co. Ltd.
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