Market Size of South America Feed Yeast Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.30 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Feed Yeast Market Analysis
The South America feed yeast market is projected to register a CAGR of 3.3% during the forecast period. Yeast is added to animal feed to aid in the digestion of the feed and to improve the gut health of the animal which in turn helps in increasing productivity. The major drivers for this market are increasing awareness among farmers, regarding the benefits of using yeasts in animal feed and rising demands for meat exports to China, with the outbreak of African Swine fever. Considering these factors, many global players are trying to capture major market share in the developing regions predominantly occupying South America. The major players operating here are Nutreco, Biomin, ADM, etc.
