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Middle-East And Africa Feed Yeast Market Research Report – Segmented By Type, Animals Type, And Region (KSA, UAE, Israel, Rest of the GCC Countries, South Africa, and Ethiopia, Kenya, Egypt, Sudan and Rest of MEA) - Industry Analysis on Size, Share, Trends, COVID-19 Impact And Growth Forecasts 2023 to 2028.

Published: March, 2023
ID: 355
Pages: 145
Formats: report pdf report excel report power bi report ppt

Middle East and Africa Feed Yeast Market (2023 to 2028)

The Middle East and Africa feed yeast market is expected to be valued at USD 0.07 billion in 2023 and is projected to reach USD 0.09 billion by 2028, growing at a CAGR of 6.20% during the forecast period.

Feed Yeast stimulates the growth of the infant and young in many animal species. They are nutritive supplements that are added to the diet of animals. Yeast product supplements can beneficially modify microbial activities fermentative and digestive functions in the rumen.  

As the feed yeasts are cost efficient and less harmful to the animals compared to other additives, many farmers started preferring it. Also, a high increase in per capita consumption of animal products is subsequently increasing the demand for animal feed yeasts. These are some of the factors that are driving the feed yeast market there.

But there is still a lack of awareness that’s prevalent amongst the farmers about the pros of using animal feed yeast, for which there is not much of a demand in this region. Because of this, the market share of this area is lesser compared to other regions, as the market in this region is progressing slowly.

The Middle East and Africa feed yeast market is segmented and sub-segmented into the following categories:

Middle-East and Africa Feed Yeast Market - By Type:

  • Live Yeast
  • Spent Yeast
  • Yeast Derivatives

Middle-East and Africa Feed Yeast Market - By 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.

Middle-East and Africa Feed Yeast Market – By Country:

  • KSA
  • UAE
  • Israel
  • The rest of the GCC countries
  • South Africa
  • Ethiopia
  • Kenya
  • Egypt
  • Sudan
  • Rest of MEA

The Middle East and Africa region constituted around 10% of the global feed yeast market in 2016, as it is growing at a slower rate compared to other regions in the forecast period.

KEY MARKET PLAYERS:

In the Middle East and Africa 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.

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FAQ's

what is the current size of the Middle East and Africa feed yeast market?

The current size of the Middle East and African feed yeast market is expected to be valued at USD 0.07 billion in 2023.

what is the expected growth value of the Middle East and Africa feed yeast market?

The Middle East and Africa feed yeast market is expected to reach a growth value of USD 0.09 billion by 2028, growing at a CAGR of 6.20% during the forecast period from 2023 - 2028.

what is the highly dominating segment in the Middle East and Africa feed yeast market?

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

which region accounted for the largest share in the Middle East and Africa feed yeast market?

The Middle East and Africa region constituted around 10% of the global feed yeast market in 2016, as it is growing at a slower rate compared to other regions in the forecast period.

what are the key market players involved in the Middle East and Africa feed yeast market?

In the Middle East and Africa 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.

 

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