Application (Swine, Cattle, Poultry, Aquatic Animals, Pet Animals)
The global animal feed yeast market is segmented and analyzed for demand and supply by application into swine, cattle, poultry, aquatic animals, and pet animals. Out of which, the aquatic animals segment is anticipated to garner the highest revenue by the end of 2037. The growth of the segment can be attributed to the growing consumption of fish among people. Wild-caught and farmed seafood is a key source of animal protein for more than 2 billion people worldwide. However, concerns about protein sustainability and the usage of fishmeal as current protein sources have made it necessary to search for new sustainable ingredients for use in aquafeeds. Particularly since of their potential to convert non-food lignocellulosic material into important protein resources, yeasts have been suggested as sustainable components. Moreover, it is said that about 14% yeast inclusion improves growth performance without lowering end-product quality. Hence, in order to increase growth efficiency, fish illness resistance, water quality, and the richness of microbial communities, various yeast species are utilized as supplemental feed in aquaculture.
Type (Autolyzed Yeast, Live Yeast, Spent Yeast, Yeast Derivatives, Dried Inactive Yeast, Active Dry Yeast)
The global animal feed yeast market is also segmented and analyzed for demand and supply by type into autolyzed yeast, live yeast, spent yeast, yeast derivatives, dried inactive yeast, and active dry yeast. Amongst these, the autolyzed yeast is anticipated to hold the largest market share over the forecast period, backed by its high nutrient content along with high effectiveness that are advantageous for the growth and immunity of the boiler chicken. This yeast is known for having a beneficial impact on the pancreatic enzyme activity and the digestion of ileal protein. Moreover, there has been growing demand for boiler chicken owing to the growing purchasing power of the consumer. This is also estimated to boost the growth of the market for the forecast period. Also, more people are demanding protein rich foods, which is also estimated to drive the growth in demand for boiler chicken, also further boosting the preference for animal feed yeast.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Parul Atri
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