Animal Feed Inactive Yeast Market Poised for Growth, Expected to Reach $196.63 Billion by 2028

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033

LONDON, GREATER LONDON, UK, June 17, 2024 /EINPresswire.com/ -- The animal feed inactive yeast, a type of yeast rendered non-viable through drying or heat treatment, has emerged as a crucial ingredient in animal feed formulations. It provides a rich source of protein, B vitamins, and other essential nutrients, enhancing the nutritional profile of animal diets. The market for animal feed inactive yeast has witnessed robust growth in recent years and is expected to continue its upward trajectory, reaching $196.63 billion by 2028, at a CAGR of 4.7%.

Driver: Rising Demand for High-Quality Animal Nutrition
The growth of the animal feed inactive yeast market can be attributed to several factors. Firstly, there is an increased focus on providing high-quality nutrition to animals, driven by the need to improve livestock health and performance. Additionally, there is a growing preference for natural and sustainable feed additives, which has boosted the demand for inactive yeast. Moreover, efforts to enhance feed conversion efficiency and the increasing awareness of the antimicrobial properties of inactive yeast have further fueled market growth.

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Major Players and Market Trends
Key players in the animal feed inactive yeast market, such as Cargill Inc., The Archer-Daniels-Midland Company, and AB Enzymes GmbH, are focusing on product innovation to enhance their market presence. For instance, The Archer-Daniels-Midland Company recently launched AquaTrax, a novel feed additive for aquaculture, which has unique benefits for aquatic organisms.

Trends: Technological Advancements and Collaborations
In the forecast period, the market is expected to witness significant technological advancements in yeast production, aimed at improving product quality and efficiency. Collaborations and partnerships among key players in the industry are also expected to drive market growth, leading to the development of innovative products and solutions.

Segments
The animal feed inactive yeast market covered in this report is segmented –
1) By Form: Powder, Flakes, Tablet, Capsule
2) By Nature: Organic, Conventional
3) By Sales Channel: Business-To-Business (B2B), Business-To-Consumer (B2C)
4) By Application: Poultry, Swine, Cattle, Aquaculture, Pet food, Other Applications

Region: Asia-Pacific Leading the Market
Asia-Pacific emerged as the largest region in the animal feed inactive yeast market in 2023 and is expected to maintain its dominance in the forecast period. The region's growth can be attributed to the increasing demand for high-quality animal nutrition and the expansion of the livestock industry.

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Animal Feed Inactive Yeast Global Market Report 2024 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Animal Feed Inactive Yeast Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on animal feed inactive yeast market size, animal feed inactive yeast market drivers and trends, animal feed inactive yeast market major players, competitors' revenues, market positioning, and market growth across geographies. The animal feed inactive yeast market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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