North America Feed Yeast Market is poised to reach $17.16 billion by 2021.
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Feed yeasts are nutritive supplements which are added in the diet of animals. They 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. Prominent livestock industries are gradually using animal feed yeast for enhancing the diet of animals. Live yeast products are most used in feed grade of animals and in particular active dry yeast followed by yeast culture.
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.
Get a comprehensive overview of the North America Feed Yeast Market: http://www.marketdataforecast.com/market-reports/north-america-feed-yeast-market-393/
The North America 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. Live cell yeast is the fastest growing segment in the market.
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Furthermore, On the basis of geography, the North America market is analysed 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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In the North 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 (based in USA), Angel Yeast co., Ltd, Cargill Inc., Nutreco N.V., Lesaffre Group, Biomin GmbH and ADM.
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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.
Get a comprehensive overview of the North America Feed Yeast Market: http://www.marketdataforecast.com/market-reports/north-america-feed-yeast-market-393/
The North America 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. Live cell yeast is the fastest growing segment in the market.
Get accurate market forecast and analysis on the North America Feed Yeast Market Request a sample to stay up-to-date on the main trends affecting this market:
http://www.marketdataforecast.com/market-reports/north-america-feed-yeast-market-393/request-sample
Furthermore, On the basis of geography, the North America market is analysed 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.
Inquire Before buying @ http://www.marketdataforecast.com/market-reports/north-america-feed-yeast-market-393/inquire
In the North 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 (based in USA), Angel Yeast co., Ltd, Cargill Inc., Nutreco N.V., Lesaffre Group, Biomin GmbH and ADM.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.