The probiotic yeast for animal feed market is expected to witness market growth at a rate of 5.30% in the forecast period of 2021 to 2028. Data Bridge Market Research report on probiotic yeast for animal feed market analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growing concerns associated with the health of animals across the globe are escalating the growth of probiotic yeast for animal feed market.
Yeast refers to single-celled fungus which is used in animal feed in order to improve its efficiency and promote animal production. They cure metabolic disorders of horses caused by change in diet, improve animal production in poultry and livestock and minimize the incidences of diarrhea in pigs.
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The major players covered in the probiotic yeast for animal feed market report are Associated British Foods plc, Alltech, Cargill, Incorporated, Lesaffre, Lallemand Inc., Novus International, Inc., AngelYeast Co., Ltd., Chr. Hansen Holding A/S, Kerry Inc., Kemin Industries, Inc., Titan Biotech, BioFeed, Prosol S.p.A., BIOMIN, Leiber GmbH, Shanghai Genon Biotech Co., Ltd., Ohly, Rajvi Enterprise, Hexon Laboratories Private Limited, Prions Bio Tech among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Probiotic Yeast for Animal Feed Market Scope and Market Size:
The probiotic yeast for animal feed market is segmented on the basis of genus and livestock. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of genus, the probiotic yeast for animal feed market is segmented into saccharomyces SPP., kluyveromyces SPP. and others.
On the basis of livestock, the probiotic yeast for animal feed market is segmented into ruminants, swine, poultry, aquatic animals, pets and equine.
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Global Probiotic Yeast for Animal Feed Market Country Level Analysis
The probiotic yeast for animal feed market is analyzed and market size, volume information is provided by country, genus and livestock as referenced above.
The countries covered in the probiotic yeast for animal feed market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe dominates the probiotic yeast for animal feed market due to the high production of probiotic yeast in countries including Netherlands, the U.K. and Russia, the ban on the use of antibiotics in the feed of animals and the continuous research and development activities in the yeast feed sector to enhance the efficiency of the product in animal nutrition. Asia-Pacific is expected to witness high growth in CAGR in the forecast period of 2021-2028 because of the commercialization of animal production, large production and application of feed yeast especially in China, increasing investment for research and development activities in the animal nutrition field by public and private organizations and growing awareness among farmers about the nutritional benefits of the products in the region.
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