Exploring Key Insights of the Yeast Probiotic Ingredient For Animal Market: Growth Prospects, Emerging Trends, and Opportunities
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How Rapidly is the Yeast Probiotic Ingredient For Animal Market Expected to Expand Between 2025 and 2034 Based on Current Trends?
In recent times, the market size for yeast probiotic ingredients for animals has experienced notable growth. The market is projected to increase from $6.08 billion in 2024 to $6.7 billion in 2025, registering a compound annual growth rate (CAGR) of 10.2%. Factors such as the discovery of probiotic benefits, increasing worries about antibiotics, research initiatives, industry adoption and validation, as well as regulatory support and endorsements have contributed to this growth in the past period.
The market size for probiotic yeast ingredients for animals is set to experience a swift expansion in the coming years, reaching a value of $10.32 billion in 2029 with a compound annual growth rate (CAGR) of 11.4%. The upcoming period’s growth can be credited to increased market penetration in emerging regions, investments in R&D, consumer inclination towards natural products, supportive regulations and guidelines, and increased livestock production. The period will also witness significant trends such as an increasing demand for antibiotic alternatives, an emphasis on livestock gut health, regulatory changes and compliances, increasing interest in natural feed supplements, and further expansion of livestock production.
What Drivers Are Shaping the Growth of the yeast probiotic ingredient for animal Market?
The yeast probiotics for animal market is predicted to surge due to an increase in demand for eggs and poultry meat. Poultry meat encompasses the consumable parts of any domestic bird species, like chickens, turkeys, ducks, geese, Japanese quail, and guinea fowl. To keep these farm animals healthy and improve their immunity, leading to increased egg and meat production, probiotics are added to their feed. For instance, a report released by the United States Department of Agriculture (USDA), a federal agency supervising agriculture, food, and rural development in the US, in April 2023 stated that chicken meat consumption grew from 17,164 metric tons in 2021 to 17,674 metric tons in 2022. Therefore, the rise in demand for eggs and poultry meat is leading to the expansion of the yeast probiotics for animal market.
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Which Key Players Are Shaping the Future of the Yeast Probiotic Ingredient For Animal Market?
Major companies operating in the yeast probiotic ingredient for animal market include:
• Chr. Hansen A/S_x000D_
• Koninklijke DSM N V_x000D_
• DuPont de Nemours Inc._x000D_
• Evonik Industries AG_x000D_
• Novozymes A/S_x000D_
How Are the Latest Trends Influencing the Growth of the Yeast Probiotic Ingredient For Animal Market?
The rising trend in the yeast probiotic ingredient for animal market is product innovation. Major firms in the swine feed probiotic yeast market are making strides to enhance the efficiency of feed usage of their probiotic yeast for swine feed. For example, Phileo by Lesaffre, a France-based enterprise that offers animal wellbeing and performance solutions based on live yeasts, bacteria, and yeast products, introduced the Actisaf Sc 47 HR+ probiotic yeast for swine and poultry feed in January 2023. The distinct microspherule form of the Actisaf Sc 47 HR+ was crafted to inherently resist the combination of temperature, friction, and moisture in pelleting feed without the need for a foreign material coating.
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Which Key Market Segments Comprise the Yeast Probiotic Ingredient For Animal Market and Drive Its Revenue Growth?
The yeast probiotic ingredient for animal market covered in this report is segmented –
1) By Product Type: Live, Spent, Yeast Derivatives
2) By Genus: Saccharomyces Spp, Kluyveromyces Spp, Other Genera
3) By Livestock: Ruminants, Poultry, Swine, Aquatic Animals, Pets, Equine
Subsegments:
1) By Live: Probiotic Live Yeast Cultures, Fermented Live Yeast
2) By Spent: Dried Spent Yeast, Liquid Spent Yeast
3) By Yeast Derivatives: Yeast Extracts, Yeast Beta-Glucans, Yeast Cell Walls
What Regions Are At the Forefront of Yeast Probiotic Ingredient For Animal Market Expansion?
North America was the largest region in the yeast probiotic ingredient for animal market in 2024. The regions covered in the yeast probiotic ingredient for animal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Can We Define the Yeast Probiotic Ingredient For Animal Market and Its Key Components?
The yeast probiotics for the animal feed refer to a live microbial feed additive that enhances the intestinal balance of the host animal. Probiotics are employed in animal feeding and are regarded as growth and health stimulators.
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