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The most important purpose for using yeast in animal feed is to improve and maintain the productivity and growth of the animal and prevent enteric pathogens, which is predicted to drive the global market of feed yeast. The various benefits of yeast supplements for animals such as positive changes in unstable fatty acids contents of animals change in bacterial population numbers and species, and increased digestion rate are expected to boost the utilization of feed yeast.
The addition of yeast in the animal feed is predicted to improve the overall intestinal bacteria balance and reduce digestive problems among animals. The prominent players operating in the market are embarking upon the mergers & acquisition and new product launch strategies to expand their portfolio of feed yeast. For instance, In November 2018, Phileo, a France based company, introduced a new range Actisaf Sc 47 HR+ feed yeast. The product can be used for livestock including swine, horses, and ruminants.
The rising demand for healthy and superior quality meat among consumers is predicted to boost the utilization of feed yeast. Yeast can be combined with both compound feed and home-based feed to improve the performance of animals. The addition of yeast in the animal feed is predicted to enhance feed intake and overall animal performance and it is considered as a safe tool for increasing and enhancing animal production and health. Moreover, the rising interest in good and high-quality poultry meat and meat products have led to an increased demand for growth-promoting feed additives for animal nutrition such as yeast. The supportive government policies for the use of yeast are predicted to drive the global market of feed yeast. For instance, government restrictions on the use of growth-promoting antibiotics in animal feed in the European Union and the United States have led to a significant increase in interest in using alternative products such as yeast to provide animal health and growth performance benefits. The yeast combine with compound feed can help to increases the palatability of feed, it can improve milk production in dairy animals and help to protect the new-born animals against enteropathic disorders such as diarrhea by preventing the colonization of coliform bacteria in the gut.
Key Market Driver -
Increasing Demand for Superior Quality Meat
Key Market Restraint -
Low Awareness about the Product
The lack of awareness about feed yeast and the benefits associated with their usage among the growers in the emerging countries is expected to hamper the market growth. Furthermore, the strict government rules and regulations regarding the manufacturing and labeling of yeast feed are predicted to restrain the market growth in forthcoming years.
The prominent players operating in the global feed yeast market are Associated British Foods Inc., Archer Daniels Midland Company, Cargill Inc., Alltech Inc., Angel Yeast Company, Land O’ Lakes, Chr. Hansen, Lesaffre, Nutreco N.V., Diamond V, and Others.
The live yeast is usually used in the home-based feed which is produced from soybean and maize. The other forms of yeast such as spent and other yeast derivatives are generally utilized in the production of compound feed. Live yeast supplements are expected to help controlling digestive problems in farm animals, to stabilize the microflora in the gut and improved fiber digestion, which helps in better feed utilization and an improved gut since animals required higher fiber diets for enhanced health vitality. Therefore, providing live yeast as proper nutrition is one of the best ways to ensure the health of the animal and animal diet.
The dry form of yeast is anticipated to witness considerable growth in the global market of feed yeast. Active dry yeast is usually used only or in mixture with helpful bacteria in probiotic products. Nutritive dry yeasts are used as supplements in animal feeds because of their relatively high energy, protein, and amino acid, and micronutrient content compared with oilseed meals and common feed grains. The active dry yeast supplements enhanced the hunger of farm animals which is expected to raise the feed intake and therefore it can raise the daily weight gain of the farm animals.
Poultry feed is expected to hold a prominent share in the global market of feed yeast. The increasing demand for the healthy and superior quality of poultry meat is gravitating poultry producers to use yeast feed as it helps to improve the quality of meat, enhance weight gain, and feed utilization. Moreover, the various benefits of yeast supplements for ruminants such as increased milk production, improved milk quality, milk selenium content, and immune response are predicted to boost the demand for ruminant feed containing yeast.
North America is expected to hold a considerable share in the global feed yeast market in the forthcoming years. The availability of well-equipped technology coupled with the presence of prominent market players such as Archer Daniels Midland Company, Alltech Inc., and others within the region are expected to drive the market within North America. The increasing demand for high and premium-quality meat is predicted to further boost the utilization of feed yeast among animal meat producers to improve the overall quality of the meat.
Asia Pacific is projected to hold a significant share in the global market of feed yeast. Livestock provides a major source of disposable income for disadvantaged and marginal populations in countries such as India, China, others. The rising production of poultry and benefits associated with the addition of yeast to poultry feed are predicted to remain favorable factors for the market growth within the region. For instance, yeast containing poultry feed can help to increase the gut health of the boiler chicken and help to increase the feed exchange ratio which can positively impact the meat yield.
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