Probiotic Yeast for Feed by Type (Overview: Global Probiotic Yeast for Feed Consumption Value, Saccharomyces, Kluyveromyces, Brewer's Yeast, Others), by Application (Overview: Global Probiotic Yeast for Feed Consumption Value, Swine Feed, Poultry Feed, Horse Feed, Ruminant Feed, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global Probiotic Yeast for Feed market is expected to reach a value of USD 1234.7 million by 2033, exhibiting a CAGR of 6.5% during the forecast period (2023-2033). The growing demand for animal protein, rising awareness about the benefits of probiotics in animal nutrition, and increasing livestock population are the key factors driving market growth. Probiotics are live microorganisms that, when consumed in adequate amounts, confer health benefits to the host animal. Probiotic yeast is a type of probiotic that is used in animal feed to improve the health and productivity of livestock.
Among the types of probiotic yeast, Saccharomyces is expected to hold a significant market share during the forecast period. Saccharomyces is a species of yeast that is commonly used in the production of beer, wine, and bread. It has been shown to have several health benefits for animals, including improved digestion, increased nutrient absorption, and reduced risk of disease. Poultry feed is the largest application segment for probiotic yeast, followed by swine feed, ruminant feed, and horse feed. The growing demand for poultry products, such as chicken and eggs, is driving the growth of the poultry feed segment.
The global market for probiotic yeast for feed is projected to grow steadily over the next five years, driven by increasing demand for animal feed additives that support gut health and improve animal performance. The market is expected to reach a value of USD 1.5 billion by 2025, up from USD 1.1 billion in 2020, at a compound annual growth rate (CAGR) of 5.2%.
Key market insights include:
Several factors are driving the growth of the probiotic yeast for feed market. These include:
As a result of these factors, the demand for probiotic yeast for feed is expected to grow rapidly over the next five years.
The probiotic yeast for feed market faces several challenges and restraints, including:
Overcoming these challenges will be critical to the continued growth of the probiotic yeast for feed market.
The Asia-Pacific region is expected to be the largest market for probiotic yeast for feed, followed by North America and Europe. China is expected to be the largest market in the Asia-Pacific region, followed by India and Japan.
The swine feed segment is expected to be the largest application segment for probiotic yeast for feed, followed by the poultry feed segment. The demand for probiotic yeast for feed is expected to grow rapidly in the swine feed segment due to the increasing prevalence of swine diseases.
Several growth catalysts are expected to drive the growth of the probiotic yeast for feed industry over the next five years. These include:
These growth catalysts are expected to contribute to the continued growth of the probiotic yeast for feed industry.
The leading players in the probiotic yeast for feed market include:
These companies are expected to continue to lead the market over the next five years due to their strong brand recognition, global distribution networks, and commitment to innovation.
Several significant developments have occurred in the probiotic yeast for feed sector in recent years. These include:
These developments are expected to contribute to the continued growth of the probiotic yeast for feed sector.
The comprehensive coverage probiotic yeast for feed report provides an in-depth analysis of the market. The report includes market size, share, trends, and forecasts, as well as industry analysis, competitive landscape, and company profiles. The report is an essential resource for companies operating in the probiotic yeast for feed market.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 6.5% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 6.5% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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