Animal Feed Yeast Market size was valued at USD 2.35 billion in 2024 and is set to reach USD 6.7 billion by the end of 2037, expanding at around 8.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of animal feed yeast is assessed at USD 2.51 billion.
The growth of the market can be attributed to the growing demand for superior quality meat by the customers. When compared to before the pandemic, about 18% of meat consumers believe quality (such as premium or value) has become more essential to them when purchasing meat, while only about 6% think it has become less important in the UK as of May 2021. Yeast is known for having a positive effect on the quality of meat, along with geese antioxidant capacity. Hence, their demand is growing, and it is expected to surge the growth of the global animal feed yeast market in the upcoming years.
Moreover, growing government initiatives and their favorable policies in order to encourage more consumption of yeast in animal feed is also estimated to boost the growth of the market. The usage of antibiotics was more prevalent in feeding livestock, which includes poultry processing, in order to increase animal production along with improve feed effectivity. However, feeding antibiotics has certain ill effects on animals. The widespread use of low-level antibiotics in feeds has raised concerns about potential negative consequences resulting from the development of resistant strains of organisms in hosts that could endanger both animal and human health. Antibiotic resistance in microorganisms was discovered not long after they were first introduced. Animals receiving antibiotics may develop and persist resistant microorganisms in their intestines. Hence, the use of antibiotics has been banned in many countries, further focusing more on yeast feeding.
Author Credits: Parul Atri
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?