Market Size of Europe Feed Yeast Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.20 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Europe Feed Yeast Market Analysis
The Europe Feed Yeast Market is projected to register a CAGR of 4.2% during the forecast period 2020-2025. Yeast is added to compound and home-based animal feed to aid in the digestion of the feed and to improve the gut health of the animal. An increase in the production and usage of compound feed and increased industrialized livestock production in the region is expected to be the major factor driving the growth of the Feed Yeast Market over the forecast period. The future of the feed yeast market in Europe is very bright due to the increasing focus of various governments on feed cost reduction and boosting animal productivity.