Asia-Pacific Feed Yeast market by type, by type of animals and by Region –Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
The Asia-Pacific Feed Yeast Market has been estimated at USD 19.25 Billion in 2016 and is projected to reach USD 31.71 Billion by 2021, at a CAGR of 10.50% during the forecast period from 2016 to 2021. Feed yeasts are used for various purposes such as to enhance the growth of the animals, maintain their level, and improve immune system and digestibility of feed.
Yeast product supplements can beneficially modify microbial activities, fermentative and digestive functions in the rumen.
Asia-Pacific populations have created a preference towards nutrition rich meat which subsequently raised the need for high quality feed for the animals.
This was observed to be achieved employing feed yeast, which were found to be a better option as nutritive supplement, furthermore, favourable due to their less harmful nature. Thus, the market in Asia-Pacific region is continuously growing.
High costs associated with production, lack of awareness about the feed yeast benefits among farmers are some of the factors that can constrain the market growth in Asia-Pacific region.
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The Asia-Pacific market for feed yeast is segmented on the basis of type into Live yeast, Spent yeast & Yeast derivatives. And on the basis of type of animals the market is analysed for Swine, Poultry, Cattle, Aquatic animals, Pet animals & Others.
The poultry segment takes the largest market share for feed yeast trailed by the swine segment.
Furthermore, on the basis of geography the market is analysed under various regions namely India, China, Japan, Philippines & Australia. Asia-Pacific regions constitute around 35% of the global feed yeast market in 2016 and is showing highest growth rate in the forecast period owing to the high growth in animal feed market.
Asia-Pacific region is the top producer of feed yeast followed by Europe globally. A considerable spike in the per capita meat consumption was witnessed in the developing countries such as China and India which was aided by the rapid industrialization of meat sector in the region.
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In Asia-Pacific 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.
Scope of the report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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