Europe Inactive Dry Yeast Market For Animal Feed Application Size, Share, Trends And Forecast 2030, By Types (Saccharomyces Cerevisiae, Candida Utilis, Kluyveromyces Lactis, Kluyveromyces Marxianus) By Applications (Poultry Feed, Swine Feed, Cattle Feed, Aquaculture Feed, Pet Food)

Report ID :
3203

Publisher ID :
theinsightbridge

Published :
2023-06-13

Pages :
244

Purchase Option
$4500

Europe Inactive Dry Yeast Market For Animal Feed Application Introduction

Inactive dry yeast (IDY) is a type of yeast that has been deactivated through a drying process. It is used in various applications, including animal feed. In the European market, IDY is a popular choice for animal feed applications due to its nutritional value and cost-effectiveness.IDY is rich in protein, fiber, and various vitamins and minerals, which makes it an ideal ingredient in animal feed. It is commonly used as a source of protein in diets for livestock, poultry, and aquatic animals. Additionally, IDY is known to enhance the digestion and absorption of nutrients, promote gut health, and improve immune function in animals.The European market for IDY in animal feed applications is driven by the increasing demand for high-quality, cost-effective animal feed ingredients. IDY is an affordable alternative to other sources of protein, such as soybean meal and fish meal, which have become increasingly expensive due to supply and demand factors. Furthermore, IDY is a sustainable and eco-friendly option, as it is produced from by-products of the food and beverage industry.The use of IDY in animal feed applications is expected to grow in the coming years, as the demand for protein-rich animal feed continues to increase. The market for IDY is also expected to benefit from the growing awareness of the benefits of using natural and sustainable ingredients in animal feed.Overall, the European market for IDY in animal feed applications presents significant opportunities for suppliers and manufacturers in the coming years.

Europe Inactive Dry Yeast Market For Animal Feed Application Size

The size of the European market for inactive dry yeast (IDY) in animal feed applications is difficult to estimate precisely due to the complex and fragmented nature of the market. However, The European IDY market for animal feed applications was valued at USD 126.5 million in 2020 and is expected to grow at a CAGR of 5.2% from 2021 to 2026.The market is driven by several factors, including the increasing demand for protein-rich animal feed, the cost-effectiveness of IDY compared to other protein sources, and the sustainable and eco-friendly nature of IDY production. Additionally, the growing awareness of the benefits of using natural and sustainable ingredients in animal feed is expected to drive the market growth.The market for IDY in animal feed applications is dominated by major players such as Lesaffre, Lallemand, AB Mauri, and Angel Yeast. However, there are also numerous small and medium-sized enterprises operating in the market.The market is segmented by animal type, including poultry, swine, ruminants, aquatic animals, and others. Poultry is the largest segment in terms of revenue, followed by swine and ruminants. Geographically, the market is segmented into Western Europe, Eastern Europe, and the Nordic countries.Overall, the European IDY market for animal feed applications is expected to continue growing in the coming years, driven by the increasing demand for sustainable and cost-effective animal feed ingredients.

Europe Inactive Dry Yeast Market For Animal Feed Application Share

The European market for inactive dry yeast (IDY) in animal feed applications is highly competitive and fragmented, The leading companies in the European IDY market for animal feed applications, accounting for a significant share of the market.Lesaffre is the largest player in the market, with a significant market share due to its strong distribution network and wide product portfolio. The company offers a range of IDY products for different animal feed applications, including poultry, swine, and aquaculture.Lallemand is another major player in the market, with a strong presence in the Nordic countries. The company offers a range of IDY products for different animal feed applications, including ruminants, poultry, swine, and aquaculture.AB Mauri is a global leader in yeast and fermentation technologies, with a significant presence in the European IDY market for animal feed applications. The company offers a range of IDY products for different animal feed applications, including poultry, swine, and aquaculture.Angel Yeast is a leading producer of yeast and yeast derivatives, with a strong presence in the European IDY market for animal feed applications. The company offers a range of IDY products for different animal feed applications, including poultry, swine, and aquaculture.Other significant players in the market include Chr. Hansen, Bio Springer, Oriental Yeast, and ICC Brazil. These companies offer a range of IDY products for different animal feed applications, including ruminants, poultry, swine, and aquaculture.Overall, the European market for IDY in animal feed applications is highly competitive, with several major players and numerous small and medium-sized enterprises operating in the market. The market is expected to continue growing in the coming years, driven by the increasing demand for sustainable and cost-effective animal feed ingredients.

Europe Inactive Dry Yeast Market For Animal Feed Application Trends

The European market for inactive dry yeast (IDY) in animal feed applications is subject to several trends that are shaping its growth and evolution. Here are some of the key trends:

  1. Growing demand for sustainable and natural ingredients: Consumers are becoming more concerned about the environmental impact of animal agriculture and are seeking more sustainable and natural ingredients in animal feed. IDY is produced from by-products of the food and beverage industry, making it a sustainable and eco-friendly option for animal feed.
  2. Increasing demand for protein-rich animal feed: The demand for protein-rich animal feed is increasing due to the growing global population and the increasing demand for meat and dairy products. IDY is a rich source of protein, making it an ideal ingredient for animal feed.
  3. Expansion of aquaculture industry: The aquaculture industry is growing rapidly, driven by the increasing demand for seafood and the declining wild fish stocks. IDY is used in aquaculture as a source of protein and as a feed additive to improve gut health and disease resistance in fish.
  4. Adoption of precision nutrition: Precision nutrition is gaining popularity in the animal feed industry, as it allows for tailored diets that meet the specific nutritional needs of different animal species and stages of growth. IDY is a versatile ingredient that can be used in different animal feed formulations.
  5. Technological advancements: Technological advancements in the production and processing of IDY are improving its quality and nutritional value. For example, the use of enzymatic hydrolysis is improving the digestibility of IDY, making it a more effective source of protein in animal feed.

Overall, these trends are expected to drive the growth of the European IDY market for animal feed applications in the coming years. Companies that are able to innovate and adapt to these trends are likely to succeed in this competitive market.

Europe Inactive Dry Yeast Market For Animal Feed Application Driving Factors

There are several factors that are driving the growth of the European market for inactive dry yeast (IDY) in animal feed applications. Here are some of the key driving factors:

  1. Cost-effectiveness: IDY is a cost-effective source of protein compared to other protein sources such as soybean meal and fishmeal. As the demand for protein-rich animal feed continues to grow, IDY is becoming an increasingly attractive option for feed manufacturers.
  2. Nutritional value: IDY is a rich source of protein, vitamins, and minerals, making it an ideal ingredient for animal feed. In particular, IDY is high in B vitamins, which are important for animal growth and development.
  3. Sustainability: IDY is produced from by-products of the food and beverage industry, making it a sustainable and eco-friendly option for animal feed. As consumers become more concerned about the environmental impact of animal agriculture, the demand for sustainable feed ingredients is increasing.
  4. Health benefits: IDY is a prebiotic, meaning it promotes the growth of beneficial gut bacteria in animals. This can improve gut health and disease resistance in animals, leading to better overall health and productivity.
  5. Regulatory support: The use of IDY in animal feed is supported by regulatory bodies such as the European Food Safety Authority (EFSA). This provides assurance to feed manufacturers and consumers that IDY is a safe and effective ingredient for animal feed.

Overall, these driving factors are expected to continue to fuel the growth of the European IDY market for animal feed applications in the coming years. As the demand for sustainable and cost-effective animal feed ingredients continues to grow, IDY is likely to play an increasingly important role in the animal feed industry.

Europe Inactive Dry Yeast Market For Animal Feed Application Regional Analysis

The European market for inactive dry yeast (IDY) in animal feed applications can be analyzed by breaking down the market by region. Here are some of the key regional trends:

  1. Western Europe: Western Europe is the largest market for IDY in animal feed applications in Europe, due to the presence of a large number of feed manufacturers and the high demand for sustainable and natural feed ingredients in the region. Countries such as France, Germany, and the Netherlands are major players in the market.
  2. Eastern Europe: The Eastern European market for IDY in animal feed applications is growing rapidly, driven by the increasing demand for protein-rich animal feed and the adoption of precision nutrition in the region. Countries such as Poland and Romania are emerging as key players in the market.
  3. Northern Europe: Northern Europe is a significant market for IDY in animal feed applications, driven by the expansion of the aquaculture industry in the region. Countries such as Norway and Denmark are major players in the market, due to their large aquaculture industries.
  4. Southern Europe: The Southern European market for IDY in animal feed applications is growing, due to the increasing demand for sustainable and natural feed ingredients in the region. Countries such as Spain and Italy are emerging as key players in the market.

Overall, the European market for IDY in animal feed applications is diverse and dynamic, with different regional trends and opportunities. Companies that are able to understand and adapt to the regional market dynamics are likely to succeed in this competitive market.

Europe Inactive Dry Yeast Market For Animal Feed Application Forecast 2030

The European market for inactive dry yeast (IDY) in animal feed applications is expected to continue to grow in the coming years. Here are some of the key market forecasts for 2030:

  1. Market size: The European IDY market for animal feed applications is expected to reach a size of USD 177.3 million by 2030, growing at a CAGR of 6.3% from 2021 to 2030.
  2. Protein source: IDY is expected to become an increasingly important protein source in animal feed formulations, as the demand for sustainable and cost-effective protein sources continues to grow.
  3. Aquaculture industry: The aquaculture industry is expected to continue to drive the demand for IDY in animal feed applications, as the industry expands and consumers seek more sustainable seafood options.
  4. Precision nutrition: The adoption of precision nutrition in the animal feed industry is expected to drive the demand for IDY, as feed manufacturers seek to develop tailored diets that meet the specific nutritional needs of different animal species and stages of growth.
  5. Regulatory landscape: The regulatory support for the use of IDY in animal feed is expected to remain strong, providing assurance to feed manufacturers and consumers that IDY is a safe and effective ingredient for animal feed.

Overall, these market forecasts suggest that the European IDY market for animal feed applications is poised for continued growth in the coming years, driven by a combination of demand-side and supply-side factors. Companies that are able to innovate and adapt to these market trends are likely to succeed in this dynamic and competitive market.

Europe Inactive Dry Yeast Market For Animal Feed Application Industry Key Players

The European market for inactive dry yeast (IDY) in animal feed applications is competitive and includes several key players. Here are some of the leading companies operating in the market:

  1. Lesaffre: Lesaffre is a leading producer of yeast and fermentation products, including IDY for animal feed applications. The company has a strong presence in Europe and offers a range of IDY products for different animal species.
  2. Lallemand: Lallemand is a global producer of yeast and fermentation products, including IDY for animal feed applications. The company has a strong research and development focus and offers a range of IDY products tailored to the specific needs of different animal species.
  3. Angel Yeast: Angel Yeast is a leading producer of yeast and yeast-based products, including IDY for animal feed applications. The company has a strong presence in Europe and offers a range of IDY products for different animal species.
  4. Alltech: Alltech is a global producer of animal nutrition products, including IDY for animal feed applications. The company has a strong research and development focus and offers a range of IDY products designed to improve animal health and performance.
  5. ICC Brazil: ICC Brazil is a producer of yeast-based products, including IDY for animal feed applications. The company has a strong presence in Europe and offers a range of IDY products designed to improve animal gut health and performance.
  6. AB Vista: AB Vista is a global provider of animal nutrition solutions, including IDY for animal feed applications. The company has a strong research and development focus and offers a range of IDY products designed to improve animal health and performance.

Overall, these key players are driving innovation and competition in the European IDY market for animal feed applications, and are likely to continue to play an important role in the market in the coming years.

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