Probiotic Yeast Market Growth Drivers, Industry Share Size, Global Demand, Emerging Trends and Opportunities


Posted April 3, 2023 by AlliedResearchHub

Probiotic Yeast Market Detailed Segmentation, Porter’s Five Forces, Changing Market Trends, and Opportunity Analysis 2030

 
According to a new report published by Allied Market Research, titled, “Probiotic Yeast Market by Form, Application, Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”
The probiotic yeast market size is estimated to reach $948.4 million by 2030, registering a CAGR of 11.8% from 2021 to 2030.

Probiotics are microorganisms can be used as dietary supplements to improve health. Probiotic yeast is a typical non-pathogenic strain of Saccharomyces cerevisiae. Due to the natural resistance of yeast to antibacterial antibiotics, probiotic yeast is considered the best probiotic. The use of probiotic yeast in animal feed can increase the digestibility of fiber, stimulate the production performance of animals, increase the production of meat, milk and eggs, which is beneficial to health. According to the Mysore Central Food Technology Research Institute (CFTRI), yeast-based probiotic products are used to reduce the toxicity of deadly fungi that are resistant to commonly used antifungal drugs. Antifungal drugs are everywhere, and the growing medicinal use of probiotic yeast has expanded the growth opportunities of the probiotic yeast market.

With the outbreak of COVID19, market demand for immune system enhancement products has increased. These products have stimulated the use of probiotics and should have a positive impact on the market.

As we all know, COVID19, as a bacteriophage, infects humans and certain species at the same time. bacterial. In the human microbiome. All major treatment options for COVID19 include drugs with antibacterial properties. The antibacterial effect of the drugs used ensures the elimination or inhibition of BB animalis ssp.lactis bacteria in the human host also makes it possible to use probiotics.

In terms of feed nutrition, the consumption of beer yeast is higher than other types of yeast. Recently, major companies have focused on using probiotics or live yeast in their pet food and new product launches, mainly because they are good for health. Probiotic yeast products are gradually introduced due to higher prices and high demand in developed countries, which will expand the growth scope of the probiotic yeast market. As people become more aware about the health benefits of probiotic yeast, the demand for this feed yeast in developed countries continues to grow.

On the basis of type, the capsules segment accounted for the around 19.5% share of the global probiotic yeast market share in 2020, and is expected to sustain its share throughout probiotic yeast market forecast period. Nutraceuticals industry has been increasingly using probiotic yeast owing to therapeutic and biotechnological potential of probiotic yeast. Probiotic yeast capsules through nutraceuticals are considerably demand by the end use customers, which is expected to garner the growth of probiotic yeast through capsules segment.

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Region wise, North America dominated the probiotic yeast market in 2020, and is expected to sustain its dominance during the forecast period. Increased investment in R&D of stronger probiotic yeast strains that can provide more nutritional benefits is driving the growth of probiotic yeast market in this region. The growing demand for nutritional supplements that strengthen the immune system and support a balanced lifestyle is expected to drive probiotic yeast market growth in the next few years. Increasing attention to digestive and gut health supports the growth of the European market. Multiple benefits increase the demand for probiotics and prebiotic supplements. The region is driving demand for animal feed containing probiotics to increase milk production and animal productivity. The middle-class population continues to grow, and consumption trends are also developing. The growing demand for nutritional supplements by the elderly, pregnant women and children has promoted the development of the nutrition and health industry. In terms of the healthier functions of probiotic yeast, thus probiotic yeast industry is expected to grow in the next few years.

According to the probiotic yeast market opportunities, the players operating in the probiotic yeast industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. The key players profiled in this report include Alltech, AngelYeast Co., Ltd., Bronson, Chr. Hansen Holdings A/S , Florastor, Jarrow Formulas, Lallemand Inc., Life-Space, Now Foods and Seeking Health .

Key findings of the study

The probiotic yeast market size was valued at $294.0 million in 2020 and is estimated to reach $948.4 million by 2030, registering a CAGR of 11.8% from 2021 to 2030.
By form, the capsules segment is estimated to witness the fastest growth, registering a CAGR of 12.5% during the forecast period.
In 2020, depending on application, the nutrition and supplement segment was valued at $216.1 million, accounting for 73.5% of the global probiotic yeast market share.
In 2020, the U.S. was the most prominent probiotic yeast market in North America, and is projected to reach $242.3 million by 2030, growing at a CAGR of 10.0% during the forecast period.
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Tags probiotic yeast market
Last Updated April 3, 2023