Market Size of feed yeast Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 1.48 Billion |
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Market Size (2029) | USD 1.87 Billion |
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Largest Share by Sub Additive | Yeast Derivatives |
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CAGR (2024 - 2029) | 4.85 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Feed Yeast Market Analysis
The Feed Yeast Market size is estimated at 1.48 billion USD in 2024, and is expected to reach 1.87 billion USD by 2029, growing at a CAGR of 4.85% during the forecast period (2024-2029).
1.48 Billion
Market Size in 2024 (USD)
1.87 Billion
Market Size in 2029 (USD)
5.26 %
CAGR (2017-2023)
4.85 %
CAGR (2024-2029)
Largest Market by Sub-Additive
36.85 %
value share, Yeast Derivatives, 2023
Yeast Derivatives are the largest sub-additive segment in the market because they improve body weight gain and feed efficiency and help maintain health and immunity.
Largest Market by Region
33.28 %
value share, Asia-Pacific, 2023
Asia-Pacific is the largest regional segment as it has the higher poultry population, and yeast is used as an alternative for antibiotics as antibiotics are banned.
Fastest-growing Market by Sub-Additive
5.22 %
Projected CAGR, Whey Yeast, 2024-2029
Whey Yeast is the fastest-growing segment in the market as they alter rumen fermentation to improve nutrient digestion and reduce the risk of rumen acidosis.
Fastest-growing Market by Region
5.83 %
Projected CAGR, North America, 2024-2029
North America is witnessing the fastest growth due to the increasing use of yeast as a nutritional supplement for livestock and a ban on antibiotics as growth promoters.
Leading Market Player
14.31 %
market share, DSM Nutritional Products AG, 2022
DSM is the market leader as it has five production facilities, expansion of facilities, and acquired Biomin Holdings to expand its business and add new products to its portfolio.
- The global feed yeast market has seen significant growth in recent years due to the positive impact of feed yeast cultures on animal health and productivity. Feed yeast accounted for 3.1% of the global feed additives market in 2022. One of the key benefits of feed yeast is that it enhances the growth of helpful bacteria in the stomach that break down cellulose and improve digestion.
- The Asia-Pacific region was the largest market for feed yeast in the world, accounting for 31.4% of the market share in 2022. This was followed by North America and Europe, which accounted for 25.4% and 23.5% of the market, respectively. The higher share of Asia-Pacific was due to the higher penetration rates of additives and a larger animal population.
- Yeast derivatives were the most commonly consumed feed yeast by animals, accounting for USD 0.49 billion in 2022. Spent yeast held the second-largest share in the market. Yeast improves body weight and feed efficiency and helps in the maintenance of health and immunity.
- Poultry birds were the largest animal type that consumed feed yeast, accounting for 45.1% of the global feed yeast market in 2022, as yeast plays a crucial role in the growth and productivity of poultry birds.
- During the forecast period, whey yeast is expected to be the fastest-growing feed yeast, with a CAGR of 5.2%. Whey yeast is used to alter rumen fermentation, which improves nutrient digestion, reduces the risk of rumen acidosis, and improves animal performance.
- The global feed yeast market is expected to continue growing, registering a CAGR of 4.8% during the forecast period. This growth is driven by growth in the animal feed industry. The benefits of feed yeast for animal health and productivity are expected to continue driving its demand in the future.
Understand The Key Trends Shaping This Market
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- The feed yeast segment is an important segment in the global feed additive market, as it plays a vital role in enhancing the antimicrobial activity of the gut and promoting animal growth by improving intestinal microbiota. In 2022, the feed yeast segment accounted for 4.1% of the global feed additive market.
- Asia-Pacific was the largest market for feed yeast in 2022, with a market value of USD 0.4 billion, driven by its higher penetration rate and feed production, which stood at 0.5 billion metric tons in 2022. The United States emerged as the largest country, accounting for 18.9% of the market in 2022, with a value of USD 0.25 billion due to extensive commercial animal cultivation and the country's adoption of new production practices in its animal farms. China and Brazil accounted for 14.5% and 6.6%, respectively, of the global feed yeast market in 2022, owing to their higher compound feed production.
- The United States is the fastest-growing country in the global feed yeast market. It is expected to record a CAGR of 6.3% during the forecast period due to the increasing demand for yeast as an antibiotic substitute and its ability to increase feed efficiency.
- Poultry birds and swine were the largest animal types in the global feed yeast market, accounting for 45.2% and 25%, respectively, in 2022 due to the antimicrobial performance of yeast on toxins in the gut, which enhances intestinal health and increases feed efficiency.
- The global feed yeast market is expected to record a CAGR of 4.8% during the forecast period due to the ability of yeast to serve as a substitute for antibiotics and its ability to increase feed efficiency, thereby reducing costs and improving animal growth rates.
