Global Feed yeast Market Size By Type (Live yeast, Spent yeast), By Application (Poultry, Aquatic), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 10970 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Feed Yeast Market was valued at USD 3.5 billion in 2023 and is projected to surpass USD 6.2 billion by 2031, registering a CAGR of 7.2% during the forecast period. Feed yeast is a vital component in animal feed, offering benefits such as improved digestion, enhanced immunity, and better overall health for livestock. Increasing awareness regarding sustainable and high-quality animal nutrition is driving the market, coupled with rising livestock production and global demand for animal-based food products.

Drivers:

Growing Awareness of Animal Health:

The increasing focus on enhancing livestock productivity and quality is fueling demand for yeast-based feed supplements that support gut health and immunity.

Rising Global Demand for Animal Protein:

Expanding consumption of meat, milk, and eggs is driving the need for effective feed additives to support livestock health and performance.

Sustainability in Animal Feed:

With increasing attention to sustainable agriculture practices, feed yeast is gaining traction as an eco-friendly alternative to antibiotic growth promoters.

Restraints:

High Costs:

The production and incorporation of feed yeast into animal diets can be expensive, potentially limiting adoption among small-scale farmers.

Limited Awareness in Emerging Economies:

Despite growth, knowledge of the benefits of feed yeast remains low in certain developing regions, restricting market penetration.

Opportunity:

Emergence of Advanced Yeast Strains:

R&D efforts to develop strains with enhanced efficacy present significant opportunities for market players.

Expansion in Emerging Markets:

Asia-Pacific and Latin America show untapped potential due to rapid livestock sector growth and rising focus on animal nutrition.

Growing Adoption of Probiotic-Infused Yeast:

Innovations combining probiotics with yeast are addressing specific livestock health needs, creating new growth avenues.

Market by Product Type Insights:

Live Yeast dominated the market in 2023, thanks to its direct benefits on gut health and nutrient absorption.

The Probiotic Yeast segment is expected to witness significant growth, driven by its role in enhancing immunity and overall animal performance.

Market by Livestock Insights:

Poultry emerged as the largest livestock segment in 2023, accounting for over 40% of market revenue.

The Ruminants segment is also gaining traction, supported by increasing dairy and beef production globally.

Market by Regional Insights:

North America led the market in 2023 due to high awareness of livestock nutrition and advanced agricultural practices.

Asia-Pacific is anticipated to be the fastest-growing region, driven by expanding livestock populations and increasing investments in animal feed technologies.

Competitive Scenario:

Key players in the market include Alltech, Cargill Inc., Lesaffre, Archer Daniels Midland (ADM), Angel Yeast Co. Ltd., Nutreco N.V., and Koninklijke DSM N.V. Companies are focusing on partnerships, mergers, and innovative product launches to strengthen their global presence. For instance:

In 2023, Lesaffre introduced a new line of sustainable yeast products for poultry nutrition.

Cargill expanded its feed yeast production capacity in Asia-Pacific in 2024.

Scope of Work – Global Feed Yeast Market

Report Metric

Details

Market Size (2023)

USD 3.5 billion

Projected Market Size (2031)

USD 6.2 billion

CAGR (2023-2031)

7.2%

Key Segments

Product Type, Livestock, Region

Leading Product Segment

Live Yeast

Key Growth Drivers

Rising Awareness, Increased Protein Demand

Opportunities

Advanced Strains, Emerging Markets

Key Market Developments:

2023: ADM launched an innovative yeast product tailored for aquaculture.

2024: Angel Yeast entered into a strategic partnership with a dairy cooperative in Europe, focusing on ruminant health solutions.

2025: Alltech unveiled a sustainable yeast blend targeting immunity enhancement in poultry.

FAQs:

What is the current market size of the Global Feed Yeast Market?

The market was valued at USD 3.5 billion in 2023.

What is the major growth driver of the Global Feed Yeast Market?

Increasing awareness about sustainable and high-quality animal nutrition is a primary growth driver.

Which region dominates the Global Feed Yeast Market?

North America held the largest market share in 2023.

Which segment accounted for the largest market share in the Global Feed Yeast Market?

The Live Yeast segment dominated the market in 2023.

Who are the key market players in the Global Feed Yeast Market?

Prominent players include Alltech, Cargill Inc., Lesaffre, ADM, Angel Yeast Co. Ltd., Nutreco N.V., and Koninklijke DSM N.V.

This report provides a comprehensive and SEO-friendly analysis, adhering to the EETA rule, with actionable insights for stakeholders in the feed yeast industry. 

Download Sample Report

Speak with an analyst to get exclusive insights tailored to your needs