Recently, major corporations have prioritized the use of probiotics or live yeast in pet food and new product launches, primarily because they are beneficial to health. Due to higher prices and high demand in developed countries, probiotic yeast products are gradually being introduced, which will broaden the scope of the feed probiotic yeast market's growth.
Data Bridge Market Research analyses that the Swine Feed Probiotic Yeast Market which was valued at 1.27 billion in 2021 and is expected to reach the value of USD 1.93 billion by 2029, at a CAGR of 5.40% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Competitive Landscape and Swine Feed Probiotic Yeast Market Share Analysis
The swine feed probiotic yeast market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to swine feed probiotic yeast market.
Some of the major players operating in the swine feed probiotic yeast market are:
Chr. Hansen A/S (Denmark)
DSM (Netherlands)
Lallemand Inc. (Canada)
Lesaffre (France)
DuPont (U.S.)
Novozymes A/S (Denmark)
Ohly (Germany)
Calpis Co., Ltd. (Japan)
Land O'Lakes, Inc. (U.S.)
Evonik Industries AG (Germany)
Alltech (Nicholasville)
Mitsui Group (Japan)
ADM (U.S.)
Kemin Industries, Inc. (U.S.)
Orffa (Netherlands)
Uniquebiotech (India)
Pure Cultures (U.S.)
Provita Eurotech Ltd (U.K.)
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Probiotics are live microorganisms with leaves added to foods to provide health benefits. Probiotic yeasts are non-pathogenic strains of the Saccharomyces cerevisiae genus. Due to the yeast's natural resistance to antibacterial antibiotics, probiotic yeast has to be superior to probiotic bacteria.
Global Feed Probiotic Yeast Market Scope
Swine feed probiotic yeast market is segmented on the basis of genus, form and product type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Genus
Saccharomyces Spp.
Kluyveromyces Spp.
Others
Product type
Live
Spent
Yeast derivatives
Form
Dry
Instant
Fresh
Global Swine Feed Probiotic Yeast Market Dynamics
Drivers
Growing adoption of direct fed microbial in the feed industry
Directly fed microbial are becoming an increasingly important part of the animal diet. Swine owners, and others are quickly adopting it because it has been linked to numerous health benefits and improved performance. As a direct-fed microorganism, live yeast supplements are widely used to improve swine’s health, performance, and milk production. Yeast culture can also help improve fermentation and digestion. Manufacturers' increased microbial research and development activities also contribute to developing novel yeast supplements for direct-fed microbiological, which increases demand for feed yeast in the animal feed industry.
Growth in the global livestock consumptions
The livestock industry has been under increasing pressure recently to meet the rising demand for meat and high-value animal protein. Global livestock consumption has increased due to population growth, rising incomes in developing countries, and urbanization. Income and consumption of animal protein are directly correlated, with milk, meat, and eggs consumption increasing at the expense of staple foods. The feed probiotics market is driven by rising life expectancy, limited availability of land and water resources for animal feed production, and strong demand for animal-based protein sources.
Opportunities
On the other hand, growing animal health issues and the rising popularity of meat and meat-related products will open up new opportunities for feed yeast probiotics market during the forecast period. Rapid technological advancements, rising investments in R&D for developing new ingredient formulations, and rising demand for cost-effective ingredients that provide better quality products and nutrition are expected to drive the global feed probiotic yeast market.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
And More....
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