Share on

Latin America Feed Yeast Market Research Report – Segmented By Type, Animals Type, And Region (Mexico, Brazil, Argentina, Chile, and Rest of Latin America) - Industry Analysis, on Size, Share, Trends, COVID-19 And Growth Forecasts 2023 to 2028.

Published: March, 2023
ID: 354
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Feed Yeast Market (2023 to 2028)

The Latin America feed yeast market has been estimated at USD 0.1 billion in 2023 and is projected to reach USD 0.16 billion by 2028, growing at a CAGR of 10.20% during the forecast period from 2023 to 2028.

Yeast is a single-celled fungus.  Their highly absorptive cell envelope might bind toxic materials. The vitamins that they produce might be stimulatory to ruminal micro-organisms. 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.

Prominent livestock industries are gradually using animal feed yeast to enhance the diet of animals. Growth in compound feed consumption by animals due to a high increase in per capita consumption of meat is driving the feed yeast market in Latin America.

However, due to strict government regulations on the products, manufacturers are under pressure, and due to less awareness about the pros of animal feed yeast, market growth can be hindered.

The Latin America feed yeast market is segmented and sub-segmented into the following categories:

Latin America Feed Yeast Market - By Type:

  • Live Yeast
  • Spent Yeast
  • Yeast Derivatives

Latin America Feed Yeast Market – Animals Type:

  • Swine
  • Poultry
  • Cattle
  • Aquatic Animals
  • Pet Animals
  • Others

The poultry segment takes the largest market share for feed yeast trailed by the swine segment.

Latin America Feed Yeast Market – By Country:

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Latin America market constitutes to around 12% of the global feed yeast market in 2018. The market in Latin America is slowly emerging into the global scenario due to increasing awareness amongst the farming community about the benefits of animal feed yeasts.

KEY MARKET PLAYERS:

In the Latin America feed yeast market, several prominent companies are taking initiatives in the development and manufacturing of feed yeast. Some of the leading players in this industry include Alltech, Angel Yeast co., Ltd, Cargill Inc., Nutreco N.V., Lesaffre Group, Biomin GmbH and ADM.

Please wait. . . . Your request is being processed

FAQ's

what is the current size of the Latin America feed yeast market?

The current size of the Latin America feed yeast market is USD 0.1 billion in 2023.

what is the expected growth value of the Latin America feed yeast market?

The Latin American feed yeast market's expected growth value at USD 0.16 billion by 2028, growing at a CAGR of 10.20% during the forecast period from 2023 to 2028.

which segment is dominating highly in the Latin America feed yeast market?

The poultry segment takes the largest market share for feed yeast, trailed by the swine segment.

which country accounted for the highest market share value in the Latin America feed yeast market?

Latin America market constitutes to around 12% of the global feed yeast market in 2018. The market in Latin America is slowly emerging into the global scenario due to increasing awareness amongst the farming community about the benefits of animal feed yeasts.

what are the key market players involved in the Latin America feed yeast market?

 In the Latin America feed yeast market, several prominent companies are taking initiatives in the development and manufacturing of feed yeast. Some of the leading players in this industry include Alltech, Angel Yeast co., Ltd, Cargill Inc., Nutreco N.V., Lesaffre Group, Biomin GmbH and ADM.

 

 

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample