Europe Feed Yeast Market has been estimated at USD 0.151 Billion in 2021 and is projected to reach USD 0.234 Billion by 2026, at a CAGR of 9.10% during the forecast period from 2022 - 2027. Animal feed yeast are live micro-organisms as feed supplements for ruminants by feeding large amounts of beneficial microbes to livestock under stress or confronted with a disease challenge. Yeast product supplements can beneficially modify microbial activities, fermentative and digestive functions in the rumen. Modern livestock industry practices inevitably increase the risk of clinical and subclinical enteric diseases. To deal with these challenges, yeast feed is an ideal option.
Europe Feed Yeast Market Drivers:
The growth in compound feed consumption is driving the demand for feed yeast in European countries. Along with it, high per capita consumption of meat and consumer demand for nutrition rich meat products, Standardization and regulatory initiatives from the EU are affecting growth in the eastern and central parts of Europe. The regulations imposed by Governments have pressure on the manufacturers to search for cheaper, safer and effective raw materials.
Europe Feed Yeast Market - By Type:
Europe Feed Yeast Market - By Type of Animals:
The poultry segment takes the largest market share for feed yeast trailed by the swine segment.
Europe Feed Yeast Market – By Regions:
Europe market constitutes to around 23% of the global feed yeast market in 2018. Europe is the second largest region in consumption of feed yeast and the market is expected to grow at the steady rate during the forecast period. The future of the feed yeast market in Europe is very bright due to the increasing focus of various governments on feed cost reduction and boosting animal productivity.
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