Global Feed Yeast Market 2015-2020 with Cargill, Nutreco NV & Archer Daniels Midland Dominating the $800 Million Industry

12 Nov, 2015, 01:10 ET from Research and Markets

DUBLIN, Nov. 12, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/fz5pnw/global_feed_yeast) has announced the addition of the "Global Feed Yeast Market-By Type, Animal Type and Geography-Trends and Forecasts (2015 -2020)" report to their offering.

The global market for feed yeast was estimated at $512 million at the end of 2013 and is expected to register a CAGR of 9.3% within the forecast period of 2014 to 2020. The market is forecasted to be worth over $800 million in 2020.

Growth in compound feed consumption and increasing focus on animal nutrition in Asia are the major driving factors of the market. Ban on antibiotic growth promoters has generated a need for effective products like feed acidifiers, yeasts, probiotics etc. Less awareness about the product among the consumers is the restraining the growth the market. Increased industrialization in livestock industry is leading to increased consumption of yeast. The impact of industrialization is modest but for long term. Asia Pacific and Europe are the largest markets with 56% of the global market share.

Asia Pacific is the fastest growing region due to high growth in animal feed market, rising consumption of meat in emerging and developing countries and rising awareness about economic benefits of feed yeast. China, India, Brazil are forecasted to be the fastest growing countries as a result of continuous high growth in compound feed consumption. Live yeast products are most used in feed grade of animals and in particular active dry yeast followed by yeast culture. The most common yeast species used as feeds are the various strains of Saccharomyces Cerevisiae.Poultry segment accounts for the around 40% of the market share closely followed by swine feed. Pet food is the lucrative market and is driven by increasing concern for companion animal and growth in Asia-Pacific market. The pet food yeast market is forecasted to grow at the CAGR of 9.4%.

The key players in the market are focused on expansion of the business and setting up new plant to increase production capacity. Mergers and Acquisitions strategy was adopted by major players to tap the market in South-East Asia and other developing regions. Investment in production process is another strategy adopted by manufacturers to reduce cost of production and cater to the increasing demand.

The major players in the market are Cargill Inc. (U.S.), Nutreco NV (The Netherlands), Archer Daniels Midland (U.S.) etc.

Key Topics Covered:

1. Introduction

2. Key Findings Of The Study

3. Market Dynamics

4. Market Segmentation

5. Competitive Landscape

6. Company Profiles

7. Appendix

Companies Mentioned

  • Nutreco N.V.
  • Lesaffre Group
  • Cargill Inc.
  • Biomin GmbH
  • Western Yeast Co.
  • Santel Sante Animal
  • Associated British Foods PLC
  • Diamond V Mills
  • Archer Daniels Midland Company
  • Alltech Inc.
  • Angel Yeast Co., Ltd
  • Lallemand Inc.
  • Leiber GMBH
  • Dox-Al Inc.
  • Bio Sunkeen Co. Ltd.

For more information visit http://www.researchandmarkets.com/research/fz5pnw/global_feed_yeast

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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