Asia Pacific Feed Yeast Market Size (2024 - 2029)

The Asia-Pacific feed yeast market is experiencing growth driven by increasing meat consumption in developing countries like China and India, supported by the industrialization of the meat sector. This rise in demand for nutrition-rich meat has led to a greater need for high-quality animal feed, with feed yeast emerging as a preferred nutritive supplement due to its beneficial properties and reduced harm. The region's commitment to banning antibiotics and the growing awareness among producers about the advantages of feed yeast further contribute to the market's expansion.

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Market Size of Asia Pacific Feed Yeast Industry

Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.90 %

Major Players

Asia Pacific Feed Yeast Market Major Players

*Disclaimer: Major Players sorted in no particular order

Asia-Pacific Feed Yeast Market Analysis

The Asia Pacific feed yeast market is projected to register a CAGR of 3.9% during the forecast period 2020-2025. Asia-Pacific region is the top producer of feed yeast globally. A considerable spike in the per capita meat consumption is witnessed in developing countries such as China and India which is aided by the rapid industrialization of the meat sector in the region. Owing to health concerns and increased western influence, the Asia-Pacific populations have created a preference towards nutrition rich meat which subsequently raised the need for high-quality feed for the animals. This is observed to be achieved by employing feed yeast, which is found to be a better option as a nutritive supplement, furthermore, favorable due to its less harmful nature. Ban on the usage of antibiotics and increasing awareness among the producers about the feed yeast is witnessed in the region.

Asia-Pacific Feed Yeast Industry Segmentation

Yeast can be applied to both compound feed and home-based feed to varying degrees. For the purpose of this report, the yeast which is added to both these forms of feed has been considered to be part of the market scope. The end consumers of the market include compound feed mills. The Asia-Pacific Feed Yeast Market is segmented by Type (Live Yeast, Spent Yeast, and Yeast Derivatives), by Form (Dry, Instant, and Fresh), By Animal Type (Ruminants, Poultry, Swine, and Other Animal Types) in the countries.

Type
Live Yeast
Spent Yeast
Yeast Derivatives
Form
Fresh
Instant
Dry
Animal Type
Ruminants
Poultry
Swine
Other Animal Types
Geography
India
China
Japan
Rest of Asia Pacific
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Asia Pacific Feed Yeast Market Size Summary

The Asia-Pacific feed yeast market is experiencing significant growth, driven by the region's status as the leading global producer of feed yeast. This growth is largely attributed to the rising per capita meat consumption in developing countries like China and India, fueled by rapid industrialization in the meat sector. The shift towards nutrition-rich meat, influenced by health concerns and Western dietary trends, has increased the demand for high-quality animal feed, with feed yeast emerging as a preferred nutritive supplement due to its less harmful nature and effectiveness. The region is witnessing a ban on antibiotics and a growing awareness among producers about the benefits of feed yeast, further propelling market expansion. The compound feed industry in Asia-Pacific, with numerous production sites, is emphasizing livestock industrialization to meet the surging demand for meat and meat products, thereby boosting the use of feed additives like yeast to enhance animal productivity and health.

The market is also benefiting from demographic and economic changes such as population growth, rising disposable incomes, and rapid urbanization, which have increased the demand for animal protein foods. The need for high-quality meat and milk has led to a surge in compound feed consumption, with feed yeast being sought after for its functional properties like pH balancing and fiber digestion enhancement. Asian farmers are adopting innovative livestock production techniques, including shifting to shorter-cycle species and increasing livestock numbers, to meet the high demand for animal meat. Additionally, the growth of aquaculture as a protein source is contributing to the market's expansion. The Asia-Pacific feed yeast market is characterized by intense competition among global and regional players, with companies investing in research and development to drive product innovation and capture market share.

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Asia Pacific Feed Yeast Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Live Yeast

      2. 2.1.2 Spent Yeast

      3. 2.1.3 Yeast Derivatives

    2. 2.2 Form

      1. 2.2.1 Fresh

      2. 2.2.2 Instant

      3. 2.2.3 Dry

    3. 2.3 Animal Type

      1. 2.3.1 Ruminants

      2. 2.3.2 Poultry

      3. 2.3.3 Swine

      4. 2.3.4 Other Animal Types

    4. 2.4 Geography

      1. 2.4.1 India

      2. 2.4.2 China

      3. 2.4.3 Japan

      4. 2.4.4 Rest of Asia Pacific

Asia Pacific Feed Yeast Market Size FAQs

The Asia Pacific Feed Yeast Market is projected to register a CAGR of 3.9% during the forecast period (2024-2029)

AllTech, Nutreco, ADM Animal Nutrition, Lallemand Inc. and Shenyang Fada Co., Ltd. are the major companies operating in the Asia Pacific Feed Yeast Market.

Asia-Pacific Feed Yeast Market Report Snapshots

Asia-Pacific Feed Yeast Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)