The global feed yeast market is projected to grow from USD 375.5 million in 2016 and reach USD 602.8 million by 2022, at a CAGR of 8.21% from 2016 to 2022. Feed yeast refers to a single-celled microorganism that is added to feed products. It plays a crucial role in improving the feed efficiency, performance of animals, and preventing health disorders without impacting the environment. The dietary components of feed yeast help livestock to metabolize proteins, lipids, and carbohydrates. In addition, yeast has a comparatively high lysine content and protein efficiency ratio, due to which it witnesses significant demand among manufacturers. The base year considered for the study is 2015, and the forecast period provided for the market is from 2016 to 2022.

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The demand for feed yeast has increased significantly due to the growing concerns about animal health and nutrition. People are becoming aware of the quality of dairy and animal products they consume. The imposition of ban on low-quality animal products and animal-based protein ingredients for feed in developed countries, such as the US, the UK, and Japan has also created awareness among animal producers about animal health and nutrition, which is projected to fuel the demand for yeast in animal feed. Increasing prevalence of diseases among animals has also created a significant demand for feed yeast in the feed industry. Cattle are prone to diseases, such as infections from bacteria, viruses, or fungi, nutritional deficiencies, and metabolic disorders; for instance, mycoplasma pneumonia and swine erysipelas are common in swine. Feed yeast improves the immunity of animals against such diseases and enhances livestock performance.

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The Asia-Pacific region holds a significant position in the global feed yeast market. Several key feed yeast manufacturers in the Asia-Pacific region are investing in R&D activities to develop other grades of yeasts. China, Japan, and India constituted the largest country-level markets in the Asia-Pacific region. The European region held the second-largest share in the global feed yeast market followed by North America. The governmental rules and regulations are expected to restraint the market growth. Higher infrastructural investments and lack of awareness about the correct usage of yeast are expected to pose a challenge to the market players.

This report includes a study of marketing and development strategies of key players such as Archer Daniels Midland Company (U.S.), Angel Yeast Co., Ltd (China), LALLEMAND Inc (Canada), Alltech. (U.S.), and Cargill, Incorporated (U.S). Other players include Associated British Foods plc (U.K), Lesaffre (France), Nutreco N.V. (Netherlands), Diamond V (U.S.) and Leiber GmbH (Germany).

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