Animal Feed Inactive Yeast Market Share, Trends, Revenue, Demand, Growth Drivers, Challenges, CAGR Status and Future Investment Strategies Till 2033: SPER Market Research

Published:
Sep-2024

Author:
SPER Analysis Team

TABLE OF CONTENT

RESEARCH METHODOLOGY

Animal Feed Inactive Yeast Market Share, Trends, Revenue, Demand, Growth Drivers, Challenges, CAGR Status and Future Investment Strategies Till 2033: SPER Market Research

Global Animal Feed Inactive Yeast Market is projected to be worth USD 3.69 billion by 2033 and is anticipated to surge at a CAGR of 5.43%.

Inactive yeast is yeast that has been deactivated using a controlled heating technique. Unlike active yeast, which is utilised for fermentation, inactive yeast does not cause the dough to rise. Instead, it is prized for its nutritional worth and flavor-enhancing powers. It is often used as a nutritional supplement in foods and beverages, an addition in animal feed, and a nutrient source in medications. The deactivation method ensures that the yeast preserves its nutritional value while remaining safe for use in various applications.

Global Animal Feed Inactive Yeast Market Driving Factors and Challenges

Driving Factors-

Growing Preference for Natural and Organic Products: There is an increasing need for animal feed free of synthetic additives and genetically modified organisms due to customer preferences for natural and organic products. As a sustainable and all-natural source of essential nutrients, inactive yeast is an attractive option for organic animal feed. Because of its natural attributes, it's a desirable choice for satisfying the changing needs of ethical shoppers.

Growing Understanding of Animal Health and Nutrition: There has been a noticeable rise in the emphasis on using inactive yeast to enhance and improve the quality of animal feed as understanding of the impact of nutrition on animal health has grown. The market for inactive yeast in animal feed is evidence of this. A balanced diet gives animals the energy they need to grow, develop, and breed. It also strengthens their immune systems, preventing disease.

Challenges-

Overcoming Regulatory Obstacles: Different nations and areas may impose different rules and limitations on the use of inactive yeast in animal feed. For manufacturers and suppliers, adhering to these rules presents a big task, especially when it comes to guaranteeing the product's quality and safety.

Low Awareness and Limited Acceptance: Inactive yeast as a feed ingredient may still be comparatively unknown or underutilised in some areas or among some livestock farmers. The Animal Feed Inactive Yeast Market may not expand as quickly as it would want due to a lack of knowledge about its advantages and lack of acceptance by industry players.

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Impact of COVID-19 on Global Animal Feed Inactive Yeast Market

The inactive yeast sector for animal feed has suffered as a result of the COVID-19 epidemic. COVID-19 made poverty, food insecurity, and hunger on a worldwide scale worse. Due to restrictions and supply chain delays, the producer of inactive yeast for animal feed faced significant difficulties. A number of issues, such as a lack of trucks, fewer deliveries, and workers getting Covid-19, compelled farmers to hoard animal feed. However, the market started to grow significantly after the outbreak.

Global Animal Feed Inactive Yeast Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as Lesaffre Group, Alltech, Angel Yeast Co., Ltd, Lallemand Inc, AB Mauri, ADM Animal Nutrition, Leiber GmbH, Oriental Yeast Co., Ltd, Nutreco N.V, Diamond V Mills, Inc, Sonac BV, Associated British Foods plc.

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Global Animal Feed Inactive Yeast Market Segmentation:

By Form: Based on the Form, Global Animal Feed Inactive Yeast Market is segmented as; Powder, Granules, Liquid.

By Application: Based on the Application, Global Animal Feed Inactive Yeast Market is segmented as; Protein supplementation, Flavor enhancement, Digestibility improvement, Immune system support, Gut health enhancement, Others.

By Distribution Channel: Based on the Distribution Channel, Global Animal Feed Inactive Yeast Market is segmented as; Direct Sales to Farms, Distributors/Wholesalers, Online Retailers, Veterinary Clinics, Others.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.