Feed Yeast Market By Product Type (Dry Yeast, Liquid Yeast, Autolyzed Yeast, Active Dry Yeast), By Form (Powder, Granules, Flakes), By Application (Animal Feed, Poultry Feed, Swine Feed, Aquaculture Feed, Ruminant Feed, Pet Food, Food & Beverages), By Source (Baker's Yeast, Brewer’s Yeast, Wine Yeast), and By Region; Global Insights & Forecast (2024 – 2030)

As per Intent Market Research, the Feed Yeast Market was valued at USD 1.4 billion in 2023 and will surpass USD 2.2 billion by 2030; growing at a CAGR of 7.2% during 2024 - 2030.

The feed yeast market is driven by various types of yeast products that cater to different animal nutrition needs. Among these, dry yeast holds the largest market share. This product type has gained popularity due to its versatility, ease of storage, and long shelf life, making it ideal for both animal feed manufacturers and end users. Dry yeast is used in a wide range of animal feeds, including poultry, swine, and aquaculture feeds, due to its rich nutrient profile that supports animal growth and health. Its cost-effectiveness also adds to its widespread use across various regions, particularly in large-scale feed production

Dry Yeast Segment Is Largest Owing To Versatility and Cost-Effectiveness

Dry yeast is also favored for its stability and ease of incorporation into animal feed formulations. It offers an excellent balance of protein, amino acids, vitamins, and minerals, which are essential for the optimal growth and health of livestock. Additionally, its application in various animal feed types ensures broad market demand, which drives its dominance in the market. The continuous advancements in yeast strains and fermentation technologies are further enhancing the appeal of dry yeast in the market, providing more efficient, high-quality options for animal nutrition.

Powder Form Is Fastest Growing Due to Ease of Use and Mixability

The powder form of feed yeast is the fastest-growing segment within the form category, gaining traction due to its ease of use and excellent mixability in feed formulations. Powdered yeast is highly preferred for its uniform distribution and ability to integrate seamlessly with other feed ingredients, which enhances the overall nutritional profile of animal feed. This form is particularly sought after in commercial feed manufacturing due to its convenience and effectiveness in large-scale production processes.

Additionally, powdered yeast is an attractive option for the growing demand in pet food and specialty feeds, where ease of handling and precise dosing are important. The increasing adoption of functional ingredients in animal feed formulations to promote animal health, growth, and performance is propelling the demand for powdered yeast, making it a critical component in modern feed additives. As a result, the powder form is anticipated to maintain its rapid growth, driven by its benefits in terms of cost, efficiency, and nutritional enhancement.

Poultry Feed Segment Is Largest Owing To Rising Poultry Consumption

Poultry feed remains the largest subsegment within the animal feed application category due to the rising global demand for poultry products. The increasing consumption of poultry meat and eggs is a significant driver for the expansion of the poultry feed sector. Poultry farming, which is both intensive and extensive, requires high-quality nutrition to ensure fast growth and high yields. Feed yeast plays a critical role in improving feed efficiency, promoting gut health, and enhancing immune responses, all of which are essential for the optimal performance of poultry farms.

The growing emphasis on improving poultry health and performance through functional feed additives is also contributing to the dominance of poultry feed in the market. Furthermore, the increasing shift toward sustainable and cost-effective solutions in poultry farming has driven the adoption of yeast-based products. As the global poultry industry continues to grow, the demand for high-quality poultry feed will also expand, reinforcing the large market share of feed yeast in this application.

Brewer’s Yeast Is Fastest Growing Owing To Nutritional Benefits

Among the various sources of feed yeast, brewer’s yeast is the fastest-growing due to its rich nutritional profile, which includes high levels of proteins, amino acids, and B vitamins. Brewer’s yeast is derived from the fermentation process of brewing beer and is increasingly recognized for its potential health benefits for animals. It has gained popularity in the livestock and poultry sectors for its ability to enhance digestion, improve immune function, and promote overall animal health.

The growth of the brewer’s yeast segment is also driven by its affordability and sustainability as it is a by-product of the brewing industry. This makes it a cost-effective option for feed manufacturers, contributing to its rapid growth. As animal feed formulations continue to evolve with a focus on functional ingredients, brewer’s yeast is expected to maintain its position as a key source of yeast in animal nutrition.

North America Dominates Due To Advanced Animal Husbandry Practices

In terms of regional market dominance, North America holds the largest share of the feed yeast market, largely due to advanced animal husbandry practices, high demand for animal feed, and increasing focus on animal health and nutrition. The United States, in particular, has a well-established livestock and poultry industry that drives the demand for feed additives such as yeast. North America’s emphasis on sustainable farming practices, along with strict regulations on animal feed quality, further fuels the adoption of high-quality feed yeast products.

The region’s established infrastructure for animal feed production, along with significant investments in research and development, positions North America as a leader in the feed yeast market. Additionally, North American companies are at the forefront of developing innovative yeast-based products, which are contributing to the market's growth in this region. With the increasing awareness of the benefits of feed yeast and the growing demand for more efficient feed additives, North America is expected to maintain its dominant position in the global market.

Leading Companies and Competitive Landscape

The feed yeast market is highly competitive, with several key players leading the charge in product innovation and market expansion. Companies such as Lesaffre, DSM, Alltech, and Lallemand are at the forefront of the market, offering a wide range of yeast-based products that cater to various animal feed needs. These companies are investing heavily in research and development to improve the quality and efficiency of feed yeast products, as well as expanding their production capacities to meet the growing demand.

Strategic partnerships, mergers, and acquisitions are common in this industry, as companies seek to strengthen their market positions. For instance, DSM’s acquisition of Kerry Group's yeast division allowed the company to enhance its portfolio and expand its market share. Moreover, the market is witnessing increased collaboration between feed manufacturers and yeast producers to develop customized solutions for specific animal types, ensuring growth in both the feed industry and the broader animal nutrition sector. With an emphasis on sustainability, health benefits, and cost-effectiveness, leading players are setting the tone for a competitive and evolving feed yeast market.

Recent Developments:

• Lesaffre expanded its production capacity in Europe with a state-of-the-art yeast production facility, aiming to cater to the growing animal feed market.
• Alltech acquired a yeast-based feed supplement company to strengthen its portfolio of nutritional solutions for the animal feed industry
• DSM introduced a new yeast-based product aimed at improving the immune system and digestive health of poultry
• Angel Yeast received certification for its feed yeast products under new global regulatory standards, ensuring enhanced product safety and quality
• Kerry Group entered into a strategic partnership with major animal feed producers to offer innovative yeast-based nutritional solutions for livestock.

List of Leading Companies:

• Lesaffre
• DSM
• Associated British Foods
• Angel Yeast Co., Ltd.
• Kerry Group
• Lallemand Inc.
• Chr. Hansen Holding A/S
• Alltech
• Nutreco
• Biorigin
• Gnosis by Lesaffre
• Maatar
• Yash Chemicals
• Etablissements Le Sueur
• Biomin Holding GmbH

Report Scope: