Latin America Feed Yeast Market to reach USD 10.73 Billion by 2022
Latin America Feed Yeast Market is poised to reach $10.73 billion by 2022 – 133 pages report by Market Data Forecast
(EMAILWIRE.COM, March 01, 2018 ) Latin America Feed Yeast Market has been estimated at USD 6.60 Billion in 2017 and is projected to reach USD 10.73 Billion by 2022, at a CAGR of 10.20% during the forecast period from 2017 to 2022. Yeast is a single-celled fungus. Their highly absorptive cell envelope might bind toxic materials. The vitamins that they produce might be stimulatory to ruminal micro-organisms. Yeast product supplements can beneficially modify microbial activities, fermentative and digestive functions in the rumen. Modern livestock industry practices inevitably increase the risk of clinical and subclinical enteric diseases. To deal with these challenges, yeast feed is an ideal option.
Prominent livestock industries are gradually using animal feed yeast for enhancing the diet of animals. Growth in compound feed consumption by animals due to a high increase in per capita consumption of meat is driving the feed yeast market in Latin America. But due to strict government regulations on the products, manufacturers are under pressure and due to less awareness about the pros of animal feed yeast, the market growth can hinder.
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The Latin 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.
Furthermore, on the basis of geography, the Latin America Market is Analysed under Argentina, Brazil, Chile regions. Latin America market constitutes to around 12% of the global feed yeast market in 2016. The market in Latin America is slowly emerging into the global scenario due to increasing awareness amongst the farming community about the benefits of animal feed yeasts.
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In the Latin America feed yeast market, several prominent companies are taking initiatives in the development and manufacturing of feed yeast in this region. 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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Prominent livestock industries are gradually using animal feed yeast for enhancing the diet of animals. Growth in compound feed consumption by animals due to a high increase in per capita consumption of meat is driving the feed yeast market in Latin America. But due to strict government regulations on the products, manufacturers are under pressure and due to less awareness about the pros of animal feed yeast, the market growth can hinder.
View full report @ https://marketdataforecast.com/market-reports/latin-america-feed-yeast-market-396/
The Latin 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.
Furthermore, on the basis of geography, the Latin America Market is Analysed under Argentina, Brazil, Chile regions. Latin America market constitutes to around 12% of the global feed yeast market in 2016. The market in Latin America is slowly emerging into the global scenario due to increasing awareness amongst the farming community about the benefits of animal feed yeasts.
Get free sample report @ https://marketdataforecast.com/market-reports/latin-america-feed-yeast-market-396/customize-report
In the Latin America feed yeast market, several prominent companies are taking initiatives in the development and manufacturing of feed yeast in this region. 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.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
More about Market Data Forecast
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast
Abhishek Shukla
Tel: 9985550206
Email us
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Market Data Forecast
Abhishek Shukla
Tel: 9985550206
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results