North America Feed Yeast Market Size (2024 - 2029)

The North America feed yeast market is experiencing growth driven by the region's high meat consumption and the demand for nutritionally rich meat products. This market's expansion is supported by the cost-effectiveness of feed yeast compared to other supplements and its reduced harm compared to antibiotics. The United States leads in consumption, with Mexico emerging due to industrialization and rising incomes. The poultry segment holds the largest market share, followed by swine feed, with Saccharomyces cerevisiae being the most commonly used yeast species in animal feed.

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Market Size of North America 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 3.30 %

Major Players

North America Feed Yeast Market Major Players

*Disclaimer: Major Players sorted in no particular order

North America Feed Yeast Market Analysis

The North America feed yeast market is projected to register a CAGR of 3.3% during the forecast period 2020-2025. Feed yeast production in North America is driven by high per capita consumption of meat and consumer demand for nutrition rich meat products. Feed yeast is more cost-efficient when compared to other feed supplements and less harmful then antibiotics. The United States is the largest consumer of meat in the region, thus driving the demand for feed yeast, followed by Mexico and Canada. Mexico is an emerging market and factors like industrialization and rising incomes and increasing demand for meat, and in turn, driving demand for feed yeast in the country. The most common yeast species used in animal feed are the various strains of Saccharomyces cerevisiae. The poultry segment of the market accounts for the highest market share, closely followed by swine feed.

North America 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 North America 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 like the United States, Canada, and Mexico.

Type
Live Yeast
Spent Yeast
Yeast Derivatives
Form
Fresh
Instant
Dry
Animal Type
Ruminants
Poultry
Swine
Other Animal Types
Geography
United States
Mexico
Canada
Rest of North America
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North America Feed Yeast Market Size Summary

The North America feed yeast market is experiencing growth driven by the region's high per capita meat consumption and the increasing demand for nutritionally rich meat products. Feed yeast is favored for its cost-effectiveness compared to other feed supplements and its reduced reliance on antibiotics. The United States leads in meat consumption, significantly boosting the demand for feed yeast, followed by Mexico and Canada. The poultry segment dominates the market, with swine feed also holding a substantial share. The use of Saccharomyces cerevisiae strains is prevalent in animal feed, enhancing gut health and improving feed conversion ratios, which positively impacts meat yield. The market is further supported by rising awareness among farmers about the benefits of feed additives like yeast for animal productivity and health.

The growth of the North America feed yeast market is also fueled by factors such as population growth, increased disposable incomes, and rapid urbanization, which have heightened the demand for animal protein foods. The demand for high-quality meat and milk has led to a rise in compound feed consumption, with feed yeast being sought after for its functional benefits like pH balancing and fiber digestion enhancement. American farmers are adopting innovative livestock production techniques to meet the rising demand for animal meat, including shifting towards shorter-cycle species and increasing livestock numbers. The market is competitive, with major global and regional players investing in research and development to drive product innovation and capture market share.

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North America 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 United States

      2. 2.4.2 Mexico

      3. 2.4.3 Canada

      4. 2.4.4 Rest of North America

North America Feed Yeast Market Size FAQs

The North America Feed Yeast Market is projected to register a CAGR of 3.30% during the forecast period (2024-2029)

ADM Animal Nutrition, Nutreco NV, Alltech Inc., Lallemand Animal Nutrition and Leiber GmbH are the major companies operating in the North America Feed Yeast Market.

North America Feed Yeast Market Report Snapshots

North America Feed Yeast Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)