Global Feed Yeast Market-By Type, Animal Type and Geography-Trends and Forecasts (2015 -2020) - Reportlinker Review

NEW YORK, Oct. 29, 2015 /PRNewswire/ -- Yeasts are used in animal nutrition to enhance digestion and health of the animal. The global market for feed yeast was estimated at $512 million at the end of 2013 and is expected to register a CAGR of 9.3% within the forecast period of 2014 to 2020. The market is forecasted to be worth over $800 million in 2020. Growth in compound feed consumption and increasing focus on animal nutrition in Asia are the major driving factors of the market. Ban on antibiotic growth promoters has generated a need for effective products like feed acidifiers, yeasts, probiotics etc. Less awareness about the product among...