Feed Yeast Market Size was valued at USD 1.54 billion in 2023. The Feed Yeast Market industry is anticipated to grow from USD 1.63 billion in 2024 to USD 2.68 billion by 2032, exhibiting a CAGR of 6.42% during the forecast period (2024 - 2032).
Yeast is eukaryotic single-celled microorganism of kingdom fungi. Herbivorous animals need microbiota in their digestive tract to digest plant-based foods. Yeast is one of the significant microbe additives in the feed of livestock, which helps in the digestive process of livestock animals, mainly in ruminants. Active yeast containing products are found to stimulate the beneficial microflora in cattle, which influences the growth of animals. Feed yeast helps to increase nitrogen utilization and reduce acidosis in animals. Yeast is also being used extensively as a source of clean protein in meat products. These factors are driving the growth of global market. Feed yeast is also used in porcine feeds to reduce the occurrence of diarrhea and increase immunoglobulins in sow milk.
Moreover, raising awareness about animal health management across the globe is predicted to foster the growth rate of the feed yeast market. Additionally, European Union imposed a ban on the use of antibiotic growth promoters in animal feed, leading to increased dependence on the use of yeast products in animal feed, which is expected to support the growth of global market further. However, increasing competition for necessary raw materials may hamper the growth of the global market.
Recent News:
March 2024: CFG, a biotechnology company headquartered in the United Kingdom, has raised £2.5 million as of March 2024 in order to expedite the commercial introduction of its non-GMO, yeast-derived palm oil substitute by 2025. Considered to be on par with high-oleic palm oil, CFG's commercial product is specifically engineered to function as a substitute ingredient in cosmetics, baked goods, and confectionery. CFG is confident in its ability to introduce its innovative food product to the markets of the United Kingdom and the European Union due to the comparatively lax regulatory framework governing non-GMOs in contrast to genetically modified foods. This substantial investment in CFG was made by the UK venture capital Clean Growth Fund, which supports climate technology companies that combat the climate crisis and reduce carbon emissions. With this investment, the company has raised a total of £13 million. The development of Clean Food Group's proprietary technology platform followed eight years of ground-breaking research into a yeast-based substitute for palm oil.
March 2024: After securing $5 million in a seed round in March 2024, food and biotechnology startup Cultivated Biosciences will advance the development of its yeast-based dairy-free, non-GMO cream with the aim of introducing it to the market in 2025. Cultivated Bioscience will use its newfound capital to expand manufacturing of its yeast-derived creamer, which is utilized in dairy-free products within the food industry. This expansion will be built upon the company's operational and production advancements since its pre-seed round investment of $1.5 in September 2022. Cream made with yeast is designed to replace additives found in conventional dairy-free alternatives, while simultaneously enhancing stability and textural qualities without compromising flavor. Cultivated Bioscience claims that its method, which is derived from a patented oleaginous yeast produced through yeast biomass fermentation, does not seek molecular replication of dairy cream, but rather functional and sensorial parity.
The feed yeast market has been segmented based on livestock, type, form, and region.
The global market has been bifurcated, based on type, into live yeast, spent yeast, yeast derivatives, and others.
On the basis of form, the global market has been divided into powder, liquid, and others.
The global market has been classified, based on livestock, as ruminants, poultry, swine, and others.
The global market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world.
The North American market has further been segmented into the US, Canada, and Mexico.
The European feed yeast market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.
The market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific.
The market, in the rest of the world, has been segmented into South America, the Middle East, and Africa.
Key Players
Regional Market Summary Global Feed Yeast Market Share (%), by Region, 2021
Type: Secondary Types and MRFR Analysis
The market in Asia-Pacific is expected to dominate the global feed yeast market and grow at highest CAGR during the forecast period due to increasing consumption of meat products in countries like China, Thailand, and Japan. Moreover, increase in livestock raising activities to gain more income, is predicted to fuel the growth of feed yeast industry in this region.
The European region is projected to gain a significant market share in the global market during the review period, due to a ban imposed on the use of conventional antibiotics growth promoter in animal feed. Moreover, increasing consumption of dairy products is expected to foster the growth of feed yeast industry in this region.
The market in the rest of the world is expected to grow at steady growth rate as the demand for feed yeast is increasing in various countries of South America like Argentina and Brazil, due to increase in consumption of meat and dairy products.
Intended Audience
| Report Attribute/Metric | Details |
| Market Size 2023 | USD 1.54 Billion |
| Market Size 2024 | USD 1.63 Billion |
| Market Size 2032 | USD 2.68 Billion |
| Compound Annual Growth Rate (CAGR) | 6.42% (2024-2032) |
| Base Year | 2024 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Market Forecast Units | Value (USD million) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Type, By Form, By Livestock, and By Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Countries Covered | The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea |
| Key Companies Profiled | Alltech Inc. (US), Archer-Daniels-Midland Company (US), Kothari Fermentation and Biochem Ltd. (India), Cargill Inc. (US), Oriental Yeast India Pvt. Ltd. (India), Angel Yeast Company (China), Hansen A/S (Denmark), Lesaffre Yeast Corporation (France)., Associated British Foods PLC (UK), LALLEMAND Inc. (Canada) |
| Key Market Opportunities | Raising awareness about animal health management across the globe |
| Key Market Drivers | Extensively as a source of clean protein in meat products |
Feed Yeast Market Highlights:
Frequently Asked Questions (FAQ) :
feed yeast market CAGR would be 6.42% during the forecast period.
feed yeast market valuation would be USD 2.68 billion.
Ruminants, swine, poultry, and others are types studied in the feed yeast market report.
Due to their comparatively high protein and amino acid, calorie, and vitamin content when compared to standard feed grains and oilseed meals, nutritional yeasts are employed as supplements in animal feeds.
Asia Pacific would helm the feed yeast market growth.
Research Analyst Level II I have a degree in engineering (civil), with masters in business administration (marketing). with more than 4 years of experience in market research and consulting, i am involved in end-to-end process of market research, proposals, project kickoffs and delivery. i have research knowledge and expertise in consumer goods/packaging domain. also i have worked for various other domains like construction & equipment. effectively managed and delivered more than 60 report studies for regional as well as global clientele.
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