Market Size of feed yeast Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 1.48 Billion |
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Market Size (2029) | USD 1.87 Billion |
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Largest Share by Sub Additive | Yeast Derivatives |
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CAGR (2024 - 2029) | 4.85 % |
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Largest Share by Region | Asia-Pacific |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Feed Yeast Market Analysis
The Feed Yeast Market size is estimated at 1.48 billion USD in 2024, and is expected to reach 1.87 billion USD by 2029, growing at a CAGR of 4.85% during the forecast period (2024-2029).
1.48 Billion
Market Size in 2024 (USD)
1.87 Billion
Market Size in 2029 (USD)
5.26 %
CAGR (2017-2023)
4.85 %
CAGR (2024-2029)
Largest Market by Sub-Additive
36.85 %
value share, Yeast Derivatives, 2023
Yeast Derivatives are the largest sub-additive segment in the market because they improve body weight gain and feed efficiency and help maintain health and immunity.
Largest Market by Region
33.28 %
value share, Asia-Pacific, 2023
Asia-Pacific is the largest regional segment as it has the higher poultry population, and yeast is used as an alternative for antibiotics as antibiotics are banned.
Fastest-growing Market by Sub-Additive
5.22 %
Projected CAGR, Whey Yeast, 2024-2029
Whey Yeast is the fastest-growing segment in the market as they alter rumen fermentation to improve nutrient digestion and reduce the risk of rumen acidosis.
Fastest-growing Market by Region
5.83 %
Projected CAGR, North America, 2024-2029
North America is witnessing the fastest growth due to the increasing use of yeast as a nutritional supplement for livestock and a ban on antibiotics as growth promoters.
Leading Market Player
14.31 %
market share, DSM Nutritional Products AG, 2022
DSM is the market leader as it has five production facilities, expansion of facilities, and acquired Biomin Holdings to expand its business and add new products to its portfolio.
- The global feed yeast market has seen significant growth in recent years due to the positive impact of feed yeast cultures on animal health and productivity. Feed yeast accounted for 3.1% of the global feed additives market in 2022. One of the key benefits of feed yeast is that it enhances the growth of helpful bacteria in the stomach that break down cellulose and improve digestion.
- The Asia-Pacific region was the largest market for feed yeast in the world, accounting for 31.4% of the market share in 2022. This was followed by North America and Europe, which accounted for 25.4% and 23.5% of the market, respectively. The higher share of Asia-Pacific was due to the higher penetration rates of additives and a larger animal population.
- Yeast derivatives were the most commonly consumed feed yeast by animals, accounting for USD 0.49 billion in 2022. Spent yeast held the second-largest share in the market. Yeast improves body weight and feed efficiency and helps in the maintenance of health and immunity.
- Poultry birds were the largest animal type that consumed feed yeast, accounting for 45.1% of the global feed yeast market in 2022, as yeast plays a crucial role in the growth and productivity of poultry birds.
- During the forecast period, whey yeast is expected to be the fastest-growing feed yeast, with a CAGR of 5.2%. Whey yeast is used to alter rumen fermentation, which improves nutrient digestion, reduces the risk of rumen acidosis, and improves animal performance.
- The global feed yeast market is expected to continue growing, registering a CAGR of 4.8% during the forecast period. This growth is driven by growth in the animal feed industry. The benefits of feed yeast for animal health and productivity are expected to continue driving its demand in the future.
- The feed yeast segment is an important segment in the global feed additive market, as it plays a vital role in enhancing the antimicrobial activity of the gut and promoting animal growth by improving intestinal microbiota. In 2022, the feed yeast segment accounted for 4.1% of the global feed additive market.
- Asia-Pacific was the largest market for feed yeast in 2022, with a market value of USD 0.4 billion, driven by its higher penetration rate and feed production, which stood at 0.5 billion metric tons in 2022. The United States emerged as the largest country, accounting for 18.9% of the market in 2022, with a value of USD 0.25 billion due to extensive commercial animal cultivation and the country's adoption of new production practices in its animal farms. China and Brazil accounted for 14.5% and 6.6%, respectively, of the global feed yeast market in 2022, owing to their higher compound feed production.
- The United States is the fastest-growing country in the global feed yeast market. It is expected to record a CAGR of 6.3% during the forecast period due to the increasing demand for yeast as an antibiotic substitute and its ability to increase feed efficiency.
- Poultry birds and swine were the largest animal types in the global feed yeast market, accounting for 45.2% and 25%, respectively, in 2022 due to the antimicrobial performance of yeast on toxins in the gut, which enhances intestinal health and increases feed efficiency.
- The global feed yeast market is expected to record a CAGR of 4.8% during the forecast period due to the ability of yeast to serve as a substitute for antibiotics and its ability to increase feed efficiency, thereby reducing costs and improving animal growth rates.
Feed Yeast Industry Segmentation
Live Yeast, Selenium Yeast, Spent Yeast, Torula Dried Yeast, Whey Yeast, Yeast Derivatives are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
- The global feed yeast market has seen significant growth in recent years due to the positive impact of feed yeast cultures on animal health and productivity. Feed yeast accounted for 3.1% of the global feed additives market in 2022. One of the key benefits of feed yeast is that it enhances the growth of helpful bacteria in the stomach that break down cellulose and improve digestion.
- The Asia-Pacific region was the largest market for feed yeast in the world, accounting for 31.4% of the market share in 2022. This was followed by North America and Europe, which accounted for 25.4% and 23.5% of the market, respectively. The higher share of Asia-Pacific was due to the higher penetration rates of additives and a larger animal population.
- Yeast derivatives were the most commonly consumed feed yeast by animals, accounting for USD 0.49 billion in 2022. Spent yeast held the second-largest share in the market. Yeast improves body weight and feed efficiency and helps in the maintenance of health and immunity.
- Poultry birds were the largest animal type that consumed feed yeast, accounting for 45.1% of the global feed yeast market in 2022, as yeast plays a crucial role in the growth and productivity of poultry birds.
- During the forecast period, whey yeast is expected to be the fastest-growing feed yeast, with a CAGR of 5.2%. Whey yeast is used to alter rumen fermentation, which improves nutrient digestion, reduces the risk of rumen acidosis, and improves animal performance.
- The global feed yeast market is expected to continue growing, registering a CAGR of 4.8% during the forecast period. This growth is driven by growth in the animal feed industry. The benefits of feed yeast for animal health and productivity are expected to continue driving its demand in the future.
| Sub Additive | |
| Live Yeast | |
| Selenium Yeast | |
| Spent Yeast | |
| Torula Dried Yeast | |
| Whey Yeast | |
| Yeast Derivatives |
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Feed Yeast Market Size Summary
The global feed yeast market is experiencing notable growth, driven by its beneficial impact on animal health and productivity. Feed yeast, a segment of the global feed additives market, enhances the growth of beneficial bacteria in the stomach, improving digestion and feed efficiency. The Asia-Pacific region leads the market, followed by North America and Europe, with the United States showing significant growth due to its extensive animal cultivation practices. Poultry birds are the largest consumers of feed yeast, highlighting its crucial role in enhancing poultry productivity. The market is expected to continue its upward trajectory, supported by the increasing demand for yeast as an antibiotic substitute and its ability to improve feed efficiency.
The expansion of aquaculture and the rising demand for seafood are further propelling the growth of the feed yeast market. The compound feed production for aquatic species is on the rise, driven by the need to maintain and enhance the performance of aquatic animals. This trend is particularly evident in the Asia-Pacific region, where fish feed dominates the market. The Middle East and South America are also witnessing increased feed production due to the growing demand for seafood. The feed yeast market is moderately consolidated, with major players like Archer Daniel Midland Co., Cargill Inc., and DSM Nutritional Products AG leading the industry. Recent strategic acquisitions and expansions by these companies indicate a focus on enhancing animal nutrition and improving farming efficiency.
Feed Yeast Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Sub Additive
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1.1.1 Live Yeast
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1.1.2 Selenium Yeast
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1.1.3 Spent Yeast
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1.1.4 Torula Dried Yeast
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1.1.5 Whey Yeast
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1.1.6 Yeast Derivatives
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1.2 Animal
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1.2.1 Aquaculture
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1.2.1.1 By Sub Animal
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1.2.1.1.1 Fish
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1.2.1.1.2 Shrimp
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1.2.1.1.3 Other Aquaculture Species
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1.2.2 Poultry
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1.2.2.1 By Sub Animal
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1.2.2.1.1 Broiler
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1.2.2.1.2 Layer
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1.2.2.1.3 Other Poultry Birds
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1.2.3 Ruminants
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1.2.3.1 By Sub Animal
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1.2.3.1.1 Beef Cattle
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1.2.3.1.2 Dairy Cattle
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1.2.3.1.3 Other Ruminants
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1.2.4 Swine
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1.2.5 Other Animals
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1.3 Region
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1.3.1 Africa
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1.3.1.1 By Country
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1.3.1.1.1 Egypt
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1.3.1.1.2 Kenya
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1.3.1.1.3 South Africa
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1.3.1.1.4 Rest of Africa
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1.3.2 Asia-Pacific
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1.3.2.1 By Country
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1.3.2.1.1 Australia
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1.3.2.1.2 China
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1.3.2.1.3 India
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1.3.2.1.4 Indonesia
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1.3.2.1.5 Japan
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1.3.2.1.6 Philippines
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1.3.2.1.7 South Korea
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1.3.2.1.8 Thailand
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1.3.2.1.9 Vietnam
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1.3.2.1.10 Rest of Asia-Pacific
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1.3.3 Europe
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1.3.3.1 By Country
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1.3.3.1.1 France
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1.3.3.1.2 Germany
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1.3.3.1.3 Italy
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1.3.3.1.4 Netherlands
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1.3.3.1.5 Russia
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1.3.3.1.6 Spain
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1.3.3.1.7 Turkey
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1.3.3.1.8 United Kingdom
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1.3.3.1.9 Rest of Europe
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1.3.4 Middle East
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1.3.4.1 By Country
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1.3.4.1.1 Iran
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1.3.4.1.2 Saudi Arabia
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1.3.4.1.3 Rest of Middle East
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1.3.5 North America
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1.3.5.1 By Country
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1.3.5.1.1 Canada
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1.3.5.1.2 Mexico
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1.3.5.1.3 United States
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1.3.5.1.4 Rest of North America
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1.3.6 South America
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1.3.6.1 By Country
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1.3.6.1.1 Argentina
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1.3.6.1.2 Brazil
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1.3.6.1.3 Chile
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1.3.6.1.4 Rest of South America
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Feed Yeast Market Size FAQs
How big is the Global Feed Yeast Market?
The Global Feed Yeast Market size is expected to reach USD 1.48 billion in 2024 and grow at a CAGR of 4.85% to reach USD 1.87 billion by 2029.
What is the current Global Feed Yeast Market size?
In 2024, the Global Feed Yeast Market size is expected to reach USD 1.48 billion.
