According to the research report titled ‘Europe Inactive Dry Yeast Market Size For Animal Feed Application By Application (Poultry [Broiler, Layer, Turkey], Swine [Starter, Grower, Sow], Cattle [Dairy, Calf], Aquaculture [Salmon, Trout's, Shrimps, Carp], Pet Food, Equine), Industry Analysis Report, Country Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026’, available with MarketStudyReport, Europe inactive dry yeast market for animal feed application is anticipated to amass substantial gains by the year 2026.

Growing demand for high-quality animal nutrition products as well as flourishing livestock sector are the major growth determinants for Europe inactive dry yeast market for animal feed application.

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Based on application scope, the market is classified into poultry (turkey, broiler, layer), pet food, equine, aquaculture (carp, shrimps, trout, salmon), cattle (calf, dairy), and swine (sow, grower, starter).

Taking cattle application into consideration, the others segment is expected to grow at 4% CAGR through 2026. Meanwhile, the dairy segment is projected to grow at 4.9 % CAGR over the forecast duration.

Among the poultry, the broiler sub-segment is poised to develop at a healthy CAGR of 5.3% in the coming years. Whereas the layer segment is expected to account for 14.2% industry share by 2026. The turkey consumption is reckoned to surge at a yearly rate of 4.7% between 2020 and 2026, attributed to rising demand for protein-rich animal feed products.

As per the report, shrimp aquaculture sub-segment of Europe inactive dry yeast industry for animal feed application is reckoned to register a y-o-y growth rate of 4.6% during the forecast period. Whereas the salmon sub-segment will grow at a CAGR of 4.2% through 2026, owing to the growing consumer demand for fish proteins. The trout segment is expected to grow at a steady 4% CAGR between 2020 and 2026.

Regionally, the United Kingdom industry is slated to account for 18.1% of the revenue share during the analysis timeframe, owing to rising demand for meat & dairy products, as well as improving health consciousness among consumers.

Italy market is poised to grow at a CAGR of about 4.8% through 2026, because of increasing pork and poultry production in the region.

The key players in Europe inactive dry yeast market for animal feed application are ICC Brazil, Sojuz Produkt Pitaniya, AB Mauri, Biospringer, Sensient Technologies Corporation, Alltech, Leiber GmbH, ABN (Aplicaciones Biológicas a la Nutrición S.L.), Tangshan Top Bio-Technology Co., Ltd., Ohly, Titan Bio-Tech Ltd., Archer Daniels Midland Company, Lallemand, Inc., and Angel Yeast Co., Ltd.