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The animal feed industry is becoming increasingly competitive as products with improved functionalities are entering the market.
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Animal Feed Inactive Yeast Market Size to Cross USD 229.88 Bn by 2032 Global Market Insights Inc.
Overview of Animal Feed Inactive Yeast Market • The animal feed inactive dry yeast market valuation is anticipated to reach USD 229.88 billion by 2032. • The increasing demand for natural and sustainable feed ingredients is driving the industry demand. Inactive yeast is a byproduct of the yeast fermentation process which is used extensively as a high-quality protein and nutritional supplement in animal feed. The growing population has boosted the need for animal protein sources such as meat, milk, and eggs, increasing the demand for quality animal feed. As per USDA, U.S. consumers had access to 224.6 pounds of red meat and poultry products in 2022. • The animal feed inactive dry yeast market from the aquaculture segment will showcase remarkable growth between 2023 and 2032, due to the rapid growth of the global fish farming industry which requires high-quality, sustainable, and cost-effective feed ingredients. Inactive yeast has a lower ecological footprint than traditional fishmeal as it is derived from the yeast fermentation process and does not rely on the harvesting of wild fish stocks. Global Market Insights Inc.
Continue… • The animal feed inactive dry yeast market from the swine segment will depict considerable CAGR between 2023 and 2032, as a result of increasing consumer concerns regarding antibiotic use in animal production and growing demand for natural and sustainable products. This has propelled the demand for antibiotic-free and natural feed solutions for swine. Inactive dry yeast offers a viable alternative to antibiotic growth promoters, as it provides multiple benefits for swine health and performance without the use of antibiotics. • North America animal feed inactive dry yeast market is primed to amass substantial gains by 2032, driven by an increasing emphasis on sustainable and eco-friendly practices in the agriculture and livestock sectors. In addition, population growth and changing dietary preferences have accelerated the demand for animal products such as meat, milk, and eggs, bolstering product adoption. The stringent regulations and rules set by food and beverage regulators are also benefitting the product landscape in the region. • Notable participants in the animal feed inactive dry yeast market includeLallemand, Inc., ABN Spain (AplicacionesBiologicas A La Nutricion SL), Archer Daniels Midland Company, Ohly, Tangshan Top Biotechnology, LeiberGmbh, Titan Biotech Limited Company, Alltech Biotechnology, SojuzProduktPitaniya, Sensient, AB Mauri, Angel Yeast, BioSpringer (Part of Lesaffre Group), and ICC Brazil. Global Market Insights Inc.
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