The feed yeast market size in Europe was valued at USD 180 million in 2023. The regional market size is projected to reach USD 394.1 million by 2032 from USD 196.3 million in 2024, registering a CAGR of 9.1% from 2024 to 2032.
Animal feed yeast are live microorganisms that are used as feed supplements for ruminants by feeding large amounts of beneficial microbes to livestock under stress or confronted with a disease challenge. Yeast product supplements can beneficially modify microbial activities fermentative and digestive functions in the rumen. Modern livestock industry practices inevitably increase the risk of clinical and subclinical enteric diseases. To deal with these challenges, yeast feed is an ideal option.
The growth in compound feed consumption is driving the demand for feed yeast in European countries. Along with it, high per capita consumption of meat and consumer demand for nutrition-rich meat products, Standardization and regulatory initiatives from the EU are affecting growth in the eastern and central parts of Europe. The regulations imposed by Governments put pressure on manufacturers to search for cheaper, safer, and more effective raw materials.
Based on the type of animal, the poultry segment takes the largest market share for feed yeast, trailed by the swine segment.
The European market constituted around 23% of the global feed yeast market in 2018. Europe is the second largest region in consumption of feed yeast and the market is expected to grow at a steady rate during the forecast period. The future of the feed yeast market in Europe is very bright due to the increasing focus of various governments on feed cost reduction and boosting animal productivity.
Alltech, Angel Yeast Co., Ltd, Cargill Inc, Nutreco N.V., Lesaffre Group, Biomin GmbH, ADM. Some of the major key players are involved in the European feed yeast market.
This market research report on the Europe feed yeast market is segmented and sub-segmented into the following categories.
By Type
By Type of Animals
By Region
Frequently Asked Questions
The current size of the European feed yeast market is expected to be valued at USD 0.18 billion in 2023.
Europe's feed yeast market is expected to be valued at USD 0.28 billion by 2028, growing at a CAGR of 9.10% during the forecast period from 2023 to 2028.
The poultry segment takes the largest market share for feed yeast, trailed by the swine segment.
The European market constituted around 23% of the global feed yeast market in 2018. Europe is the second largest region in consumption of feed yeast and the market is expected to grow at a steady rate during the forecast period.
Alltech, Angel Yeast Co., Ltd, Cargill Inc, Nutreco N.V., Lesaffre Group, Biomin GmbH, ADM. Some of the major key players are involved in the European feed yeast market.
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