Animal Feed Yeast Market size is estimated to cross USD 5 Billion by the end of 2035, witnessing around 8% CAGR during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of animal feed yeast was USD 2 Billion. The growth of the market can be attributed to the growing demand for superior quality meat by the customers. When compared to before the pandemic, about 18% of meat consumers believe quality (such as premium or value) has become more essential to them when purchasing meat, while only about 6% think it has become less important in the UK as of May 2021. Yeast is known for having a positive effect on the quality of meat, along with geese antioxidant capacity. Hence, their demand is growing, and it is expected to surge the growth of the global animal feed yeast market in the upcoming years.
Moreover, growing government initiatives and their favorable policies in order to encourage more consumption of yeast in animal feed is also estimated to boost the growth of the market. The usage of antibiotics was more prevalent in feeding livestock, which includes poultry processing, in order to increase animal production along with improve feed effectivity. However, feeding antibiotics has certain ill effects on animals. The widespread use of low-level antibiotics in feeds has raised concerns about potential negative consequences resulting from the development of resistant strains of organisms in hosts that could endanger both animal and human health. Antibiotic resistance in microorganisms was discovered not long after they were first introduced. Animals receiving antibiotics may develop and persist resistant microorganisms in their intestines. Hence, the use of antibiotics has been banned in many countries, further focusing more on yeast feeding.
Growth Drivers
Boost in Infectious Livestock Disease - Animals are suffering from a large number of infectious diseases all around the world. Owing to which the production of milk or meat or any kind of agricultural activity is estimated to restrain. Moreover, the spread of infectious diseases also has an adverse effect on human being. For instance, around two million people per year, mostly in low- and middle-income countries, pass away from neglected zoonotic diseases. Hence, to enhance animal health and performance, farmers and ranchers are looking for natural technologies and substances. In addition, there is growing pressure to achieve these objectives with a minimal or zero use of antibiotics. Therefore, the demand for yeast is estimated to boost.
Growing Ownership of Cattle- As of 2021, there were over 92 million cows and calves living in the United States, roughly maintaining the level from the previous year.
Rise in Fish Farming - There were over 57 million fish farmers and fishermen in the globe as of 2020. Hence, the demand for yeast is growing. Fish diets with yeast have enhanced growth rates and general intestinal health. According to a recent study that was published in the journal Aquaculture Reports, in 2021, adding 4 g of S cerevisiae to every kilogramme of aquafeed increased growth and feed utilization. The study team also discovered that adding yeast to Nile tilapia diets altered the intestinal architecture of the fish. Hence, the market is expected to grow over the forecast period.
Surge in Demand for Meat - It is anticipated that between 450 million and an about 560 million tons of meat would be consumed worldwide by 2050.
Upsurge in Milk Production - In the fiscal year 2021, around 200 million metric tons of milk were produced, an increase from about 190 million metric tons in the prior year in India. From the previous year, the nation's milk production increased by approximately 4 percent.
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~8% |
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Base Year Market Size (2022) |
~ USD 2 Billion |
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Forecast Year Market Size (2035) |
~ USD 5 Billion |
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Regional Scope |
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Application (Swine, Cattle, Poultry, Aquatic Animals, Pet Animals)
The global animal feed yeast market is segmented and analyzed for demand and supply by application into swine, cattle, poultry, aquatic animals, and pet animals. Out of which, the aquatic animals segment is anticipated to garner the highest revenue by the end of 2035. The growth of the segment can be attributed to the growing consumption of fish among people. Wild-caught and farmed seafood is a key source of animal protein for more than 2 billion people worldwide. However, concerns about protein sustainability and the usage of fishmeal as current protein sources have made it necessary to search for new sustainable ingredients for use in aquafeeds. Particularly since of their potential to convert non-food lignocellulosic material into important protein resources, yeasts have been suggested as sustainable components. Moreover, it is said that about 14% yeast inclusion improves growth performance without lowering end-product quality. Hence, in order to increase growth efficiency, fish illness resistance, water quality, and the richness of microbial communities, various yeast species are utilized as supplemental feed in aquaculture.
Type (Autolyzed Yeast, Live Yeast, Spent Yeast, Yeast Derivatives, Dried Inactive Yeast, Active Dry Yeast)
The global animal feed yeast market is also segmented and analyzed for demand and supply by type into autolyzed yeast, live yeast, spent yeast, yeast derivatives, dried inactive yeast, and active dry yeast. Amongst these, the autolyzed yeast is anticipated to hold the largest market share over the forecast period, backed by its high nutrient content along with high effectiveness that are advantageous for the growth and immunity of the boiler chicken. This yeast is known for having a beneficial impact on the pancreatic enzyme activity and the digestion of ileal protein. Moreover, there has been growing demand for boiler chicken owing to the growing purchasing power of the consumer. This is also estimated to boost the growth of the market for the forecast period. Also, more people are demanding protein rich foods, which is also estimated to drive the growth in demand for boiler chicken, also further boosting the preference for animal feed yeast.
Our in-depth analysis of the global market includes the following segments:
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Type |
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Application |
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APAC Market Statistics
The Asia Pacific animal feed yeast market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2035, backed by growing fish farming industry in this region, along with growth in production of poultry. Asia produces 88.7% of the world's aquaculture, making it the top producer in the world (82 million tons, excluding 32 million tons of aquatic plants). Moreover, 20.5 million individuals in the primary sector are employed by aquaculture, the majority of whom work in small businesses in Asia. Hence, the consumption of fish is growing in Asia Pacific. Further, the growing consumption can be also attributed to the growing urban population in this region, and the rising income of the people. This factor is also estimated to boost the poultry production, along with the growing meat packaging industries in this region are further anticipated to boost the growth of the market in the region. However, even in rural region the poultry production is estimated to boost significantly over the forecast period. The improvements in genetics, diet, disease prevention, and scientific management techniques are mainly responsible for this. Moreover, the government is encouraging people in rural areas to adopt animal feed yeast and educating them regarding the benefits of doing the same which is also estimated to boost the market growth.
North American Market Forecast
The North America animal feed yeast market, amongst the market in all the other regions, is projected to grow with the highest CAGR during the forecast period. The growth of the market in this region is estimated to grow on account of the existence of major market players along with the accessibility of well-equipped technologies Moreover, the demand for high and premium quality meat is growing among people, which is further estimated to boost the market’s growth. The significant health advantages of poultry over red meat are motivating poultry farmers to accelerate the rates of growth of poultry birds. The viability of poultry farms is increased by yeast, which is projected to further raise market revenues by increasing the growth rate and hunger of broiler chickens.
Versity, a new alternative protein source for companion animals, was introduced by ADM Animal Nutrition, a division of Archer Daniels Midland. Versity is a highly palatable dried yeast (Saccharomyces cerevisiae) alternative to conventional plant and animal proteins that delivers a balanced profile of essential amino acids with low levels of fat and calcium. Versity was created to provide nutritional flexibility in pet food and treat formulation.
According to recently released research from the animal health and nutrition company Alltech, Inc., a mannan rich fraction (MRF) from Saccharomyces cerevisiae's cell wall may affect the metabolism of bacteria such as E. coli and improve their sensitivity to antibiotics. the digestive system.
Author Credits: Anil Kumar, Ipsheeta Dash
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