North America Feed Yeast Market Analysis, Size, Share, Growth, Trends, And Forec

Posted by rohan on July 26th, 2018

North America Feed Yeast Market has been estimated at USD 13.19 Billion in 2018 and is projected to reach USD 20.58 Billion by 2023, at a CAGR of 9.30% during the forecast period from 2018 to 2023.

North America feed yeast market is driven by a high per capita consumption of meat and consumer demand for nutrition rich meat products, due to which there is a high demand for feed yeast.  The growth in compound feed consumption is in turn driving the demand for feed yeast. Crucial restraints of the industry are the health issues, high costs associated with production, lack of awareness about the feed yeast benefits among farmers mainly in the developing countries and Government regulations that are hindering the growth of the market.

North America Feed Yeast Market By Type (Live Yeast, Spent Yeast & Yeast Derivatives), By Type Of Animals (Swine, Poultry, Cattle, Aquatic Animals, Pet Animals & Others), And By Region – Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2018-2023.

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On the basis of geography, the North America market is analyzed under USA and Canada. North America constitutes to around 20% of the global feed yeast market in 2016 growing at a same pace with the global market. Canada accounts for 14% share in the North American feed yeast market. The feed yeast industry in Canada is showing a healthy growth trend due to increasing meat exports as well as rising domestic consumption in the country.

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North America Feed Yeast Market key players such as Archer Daniels Midland Company (U.S.), Angel Yeast Co., Ltd (China), LALLEMAND Inc (Canada), Alltech. (U.S.), and Cargill, Incorporated (U.S). Other players include Associated British Foods plc (U.K), Lesaffre (France), Nutreco N.V. (Netherlands), Diamond V (U.S.) and Leiber GmbH (Germany).

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