Feed Yeast Market by Type (Live Yeast, Spent Yeast and Yeast Derivatives), by Livestock & by Geography - Global Trends & Forecasts to 2019
By Geography - Global Trends & Forecasts to 2019
The animal feed yeast market is booming due to the increasing use of feed in the livestock industry. Leading companies in the animal feed yeast market are continuously seeking different new technologies for manufacturing yeast with high nutritive value. Leading livestock industries are increasingly using animal feed yeast for supplementing the diet of animals. The market for live yeast was the largest in 2014, and is projected to grow with the increasing demand for animal feed yeast in the livestock industry. Benefits such as development of immune system anddigesting capacity of feed and maintainin the pH level in the animal’s body by animal feed yeast in livestock are leading the market demand. The market for yeast derivates is comparatively smaller, and is projected to grow at a CAGR of 9.3% from 2014 to 2019.
The feed yeast market is projected to reach $701,764.4 million by 2019. The report analyzes the market, segmented with respect to the main regions of the world. The report provides a comprehensive analysis of the animal feed yeast market. It categorizes the animal feed yeast market based on type, livestock, and geography. The increasing demand for meat and healthy livestock, has boosted growth of the feed yeast market.