[ 英語タイトル ] Feed Yeast Market by Type (Live Yeast, Spent Yeast and Yeast Derivatives), by Livestock & by Geography - Global Trends & Forecasts to 2019

TABLE OF CONTENTS

1 INTRODUCTION 12
1.1 OBJECTIVES OF THE STUDY 12
1.2 REPORT DESCRIPTION 12
1.3 MARKETS COVERED 13
1.4 STAKEHOLDERS 13
1.5 MARKET SCOPE 13
2 RESEARCH METHODOLOGY 14
2.1 MARKET SIZE ESTIMATION 15
2.2 MARKET CRACKDOWN & DATA TRIANGULATION 17
2.3 MARKET SHARE ESTIMATION 17
2.3.1 KEY DATA TAKEN FROM SECONDARY SOURCES 18
2.3.2 KEY DATA FROM PRIMARY SOURCES 18
2.3.3 ASSUMPTIONS 19
3 EXECUTIVE SUMMARY 20
4 PREMIUM INSIGHTS 23
4.1 MARKET SEGMENTATION 23
4.2 ATTRACTIVE MARKET OPPORTUNITIES IN FEED YEAST MARKET 24
4.3 FEED YEAST MARKET, TOP 4 LIVESTOCK SEGMENTS ($’000) 25
4.4 ASIA-PACIFIC FEED YEAST MARKET: THRIVING REGION WITH IMMENSE ALTERNATIVES 26
4.5 FEED YEAST MARKET, BY COUNTRY, 2014 27
4.6 FEED YEAST MARKET: DEVELOPED VS. DEVELOPING NATIONS 28
4.7 YEAST MARKET SIZE, BY PRODUCT & GEOGRAPHY, 2019 ($’000) 29
4.8 PRODUCT GROWTH MATRIX 30
4.9 LIFE CYCLE ANALYSIS, BY GEOGRAPHY 31
4.10 MARKET CHASM ANALYSIS 32
5 MARKET OVERVIEW 33
5.1 INTRODUCTION 34
5.2 EVOLUTION 34
5.3 MARKET SEGMENTATION 35
5.4 MARKET DYNAMICS 36
5.4.1 DRIVERS 37
5.4.1.1 Increase In Productivity & Feed Efficiency 37
5.4.1.2 Economical Nutritional Supplement 37
5.4.1.3 Excellent Source Of Nutrition For Animals 37
5.4.1.4 Increasing Concerns Related To Animal Health & Nutrition 37
5.4.1.5 Increasing Intensity Of Animal Diseases 37
5.4.2 RESTRAINTS 38
5.4.2.1 Government Rules & Regulations 38
5.4.2.2 Concerns Related To Low-Quality Duplicate Products 38
5.4.3 CHALLENGES 39
5.4.3.1 Unawareness Regarding The Correct Dosage Of Feed Yeast 39
5.4.3.2 New FDA Standards 39
6 INDUSTRY TRENDS 40
6.1 INTRODUCTION 40
6.2 VALUE CHAIN ANALYSIS 40
6.3 SUPPLY CHAIN ANALYSIS 41
6.3.1 KEY INFLUENCERS 42
6.4 INDUSTRY TRENDS 42
6.5 PORTER’S FIVE FORCES ANALYSIS 43
6.5.1 THREAT OF NEW ENTRANTS 43
6.5.2 THREAT OF SUBSTITUTES 44
6.5.3 BARGAINING POWER OF SUPPLIERS 44
6.5.4 BARGAINING POWER OF BUYERS 44
6.5.5 INTENSITY OF COMPETITIVE RIVALRY 45
6.6 PEST ANALYSIS 45
6.6.1 POLITICAL FACTORS 45
6.6.2 ECONOMIC FACTORS 46
6.6.3 SOCIAL FACTORS 46
6.6.4 TECHNOLOGICAL FACTORS 46
6.7 STRATEGIC BENCHMARKING 46
6.7.1 PRODUCT INNOVATION FOR FUNCTIONAL ENHANCEMENT 46
6.7.2 INTENSE OUTLAY ON BIOTECHNOLOGICAL BREAKTHROUGH & DISTRIBUTIONAL NETWORK 47
7 FEED YEAST MARKET, BY TYPE 49
7.1 INTRODUCTION 50
7.2 LIVE YEAST 53
7.3 SPENT YEAST 54
7.4 YEAST DERIVATIVE 56
8 FEED YEAST MARKET, BY LIVESTOCK 58
8.1 INTRODUCTION 59
8.2 SWINE 61
8.3 CATTLE 62
8.4 POULTRY 63
8.5 AQUATIC ANIMALS 64
8.6 PET ANIMALS 65
8.7 OTHERS (BIRDS & REPTILES) 66
9 FEED YEAST MARKET, BY GEOGRAPHY 68
9.1 INTRODUCTION 69
9.2 NORTH AMERICA 72
9.2.1 U.S. 73
9.2.2 CANADA 75
9.2.3 MEXICO 77
9.3 EUROPE 78
9.3.1 SPAIN: LEADING MARKET WITH SIGNIFICANT MARKET SHARE 81
9.3.2 RUSSIA 82
9.3.3 GERMANY 83
9.3.4 FRANCE 84
9.3.5 ITALY 86
9.3.6 REST OF EUROPE 87
9.4 ASIA-PACIFIC 88
9.4.1 CHINA: DOMINANT MARKET IN THE WORLD 90
9.4.2 INDIA 91
9.4.3 JAPAN 92
9.4.4 KOREA 93
9.4.5 THAILAND 94
9.4.6 INDONESIA 95
9.4.7 REST OF ASIA-PACIFIC: A POSSIBLE GAME CHANGER 96
9.5 LATIN AMERICA 97
9.5.1 BRAZIL: A NEW BATTLEGROUND 98
9.5.2 ARGENTINA 99
9.5.3 REST OF LATIN AMERICA 100
9.6 ROW: EMERGING MARKET 101
10 COMPETITIVE LANDSCAPE 102
10.1 OVERVIEW 102
10.2 MARKET SHARE ANALYSIS OF FEED YEAST MARKET 103
10.3 COMPETITIVE SITUATION & TRENDS 104
10.4 EXPANSIONS & INVESTMENTS 105
10.5 ACQUISITIONS & JOINT VENTURES 107
10.6 NEW PRODUCT LAUNCHES 107
10.7 AGREEMENTS, PARTNERSHIPS & COLLABORATIONS 109

11 COMPANY PROFILES 110
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
11.1 INTRODUCTION 110
11.2 ASSOCIATED BRITISH FOODS PLC 111
11.3 ARCHER DANIELS MIDLAND COMPANY 113
11.4 ALLTECH INC. 116
11.5 ANGEL YEAST CO., LTD 118
11.6 CARGILL, INCORPORATED 121
11.7 DIAMOND V MILLS 124
11.8 LALLEMAND INC. 127
11.9 LEIBER GMBH 129
11.10 LESAFFRE GROUP 131
11.11 NUTRECO N.V. 134
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
12 APPENDIX 136
12.1 DISCUSSION GUIDE 136
12.2 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 138
12.3 AVAILABLE CUSTOMIZATIONS 138LIST OF TABLES

TABLE 1 INCREASE IN PRODUCTIVITY & FEED EFFICIENCY HAS PROPELLED THE GROWTH OF FEED YEAST MARKET 37
TABLE 2 RELUCTANCE FOR CHANGES IN EXISTING MARKET IS RESTRAINING MARKET GROWTH 38
TABLE 3 CHALLENGES FOR MARKET PLAYERS 39
TABLE 4 INVESTMENT ON RESEARCH WITH A FOCUS ON MARKET EXPANSION IS THE LEADING TREND AMONG KEY MARKET PLAYERS 42
TABLE 5 FEED YEAST MARKET SIZE, BY TYPE, 2014-2019 ($’000) 51
TABLE 6 FEED YEAST MARKET SIZE, BY TYPE, 2014-2019 (MT) 52
TABLE 7 LIVE YEAST MARKET SIZE, BY GEOGRAPHY, 2014-2019 ($’000) 53
TABLE 8 LIVE YEAST MARKET SIZE, BY GEOGRAPHY, 2014-2019 (MT) 54
TABLE 9 SPENT YEAST MARKET SIZE, BY GEOGRAPHY, 2014-2019 ($’000) 55
TABLE 10 SPENT YEAST MARKET SIZE, BY GEOGRAPHY, 2014-2019 (MT) 56
TABLE 11 YEAST DERIVATIVE MARKET SIZE, BY GEOGRAPHY, 2014-2019 ($’000) 57
TABLE 12 YEAST DERIVATIVE MARKET SIZE, BY GEOGRAPHY, 2014-2019 (MT) 57
TABLE 13 FEED YEAST MARKET SIZE, BY LIVESTOCK, 2012-2019 ($’000) 60
TABLE 14 FEED YEAST MARKET SIZE, BY LIVESTOCK, 2012-2019 (MT) 61
TABLE 15 FEED YEAST MARKET SIZE FOR SWINE, BY GEOGRAPHY, 2012-2019 ($’000) 61
TABLE 16 FEED YEAST MARKET SIZE FOR SWINE, BY GEOGRAPHY, 2012-2019 (MT) 62
TABLE 17 FEED YEAST MARKET SIZE FOR CATTLE, BY GEOGRAPHY, 2012-2019 ($’000) 62
TABLE 18 FEED YEAST MARKET SIZE FOR CATTLE, BY GEOGRAPHY, 2012-2019 (MT) 63
TABLE 19 FEED YEAST MARKET SIZE FOR POULTRY, BY GEOGRAPHY, 2012-2019 ($’000) 63
TABLE 20 FEED YEAST MARKET SIZE FOR POULTRY, BY GEOGRAPHY, 2012-2019 (MT) 64
TABLE 21 FEED YEAST MARKET SIZE FOR AQUATIC ANIMALS, BY GEOGRAPHY,
2012-2019 ($’000) 64
TABLE 22 FEED YEAST MARKET SIZE FOR AQUATIC ANIMALS, BY GEOGRAPHY,
2012-2019 (MT) 65
TABLE 23 FEED YEAST MARKET SIZE FOR PET ANIMALS, BY 2012-2019 ($’000) 65
TABLE 24 FEED YEAST MARKET SIZE FOR PET ANIMALS, BY GEOGRAPHY, 2012-2019 (MT) 66
TABLE 25 FEED YEAST MARKET SIZE FOR OTHERS (BIRDS & REPTILES), BY GEOGRAPHY, 2012-2019 ($’000) 66
TABLE 26 FEED YEAST MARKET SIZE FOR OTHERS (BIRDS & REPTILES), BY GEOGRAPHY, 2012-2019 (MT) 67
TABLE 27 FEED YEAST MARKET SIZE, BY GEOGRAPHY, 2012-2019 ($’000) 71
TABLE 28 FEED YEAST MARKET SIZE, BY GEOGRAPHY, 2012-2019 (MT) 71
TABLE 29 NORTH AMERICA: FEED YEAST MARKET SIZE, BY COUNTRY, 2012-2019 ($’000) 72
TABLE 30 NORTH AMERICA: FEED YEAST MARKET SIZE, BY COUNTRY, 2012-2019 (MT) 73
TABLE 31 U.S.: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 73
TABLE 32 U.S.: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 74
TABLE 33 CANADA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 76
TABLE 34 CANADA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 76
TABLE 35 MEXICO: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 77
TABLE 36 MEXICO: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 77
TABLE 37 EUROPE: FEED YEAST MARKET SIZE, BY COUNTRY, 2012-2019 ($’000) 80
TABLE 38 EUROPE: FEED YEAST MARKET SIZE, BY COUNTRY, 2012-2019 (MT) 80
TABLE 39 SPAIN: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 81
TABLE 40 SPAIN: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 81
TABLE 41 RUSSIA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 82
TABLE 42 RUSSIA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 83
TABLE 43 GERMANY: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 83
TABLE 44 GERMANY: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 84
TABLE 45 FRANCE: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 85
TABLE 46 FRANCE: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 85
TABLE 47 ITALY: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ( $’000) 86
TABLE 48 ITALY: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 86
TABLE 49 REST OF EUROPE: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 87
TABLE 50 REST OF EUROPE: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 87
TABLE 51 ASIA-PACIFIC: FEED YEAST MARKET SIZE, BY COUNTRY, 2012-2019 ($’000) 89
TABLE 52 ASIA-PACIFIC: FEED YEAST MARKET SIZE, BY COUNTRY, 2012-2019 (MT) 89
TABLE 53 CHINA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 90
TABLE 54 CHINA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 91
TABLE 55 INDIA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 91
TABLE 56 INDIA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 92
TABLE 57 JAPAN: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 92
TABLE 58 JAPAN: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 93
TABLE 59 KOREA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 93
TABLE 60 KOREA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 93
TABLE 61 THAILAND: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ( $’000) 94
TABLE 62 THAILAND: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 94
TABLE 63 INDONESIA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 95
TABLE 64 INDONESIA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 95
TABLE 65 REST OF ASIA-PACIFIC: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 96
TABLE 66 REST OF ASIA-PACIFIC: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 96
TABLE 67 LATIN AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 97
TABLE 68 LATIN AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 97
TABLE 69 BRAZIL: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 98
TABLE 70 BRAZIL: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 98
TABLE 71 ARGENTINA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 99
TABLE 72 ARGENTINA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 99
TABLE 73 REST OF LATIN AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 ($’000) 100
TABLE 74 REST OF LATIN AMERICA: FEED YEAST MARKET SIZE, BY TYPE, 2012-2019 (MT) 100
TABLE 75 ROW: FEED YEAST MARKET SIZE, BY COUNTRY, 2012-2019 ($’000) 101
TABLE 76 ROW: FEED YEAST MARKET SIZE, BY COUNTRY, 2012-2019 (MT) 101
TABLE 77 EXPANSIONS & INVESTMENTS, 2009-2013 106
TABLE 78 ACQUISITIONS & JOINT VENTURES, 2011-2012 107
TABLE 79 NEW PRODUCT LAUNCHES, 2009-2013 107
TABLE 80 AGREEMENTS, PARTNERSHIPS & COLLABORATIONS, 2011-2013 109
TABLE 81 THE COMPANY OFFERS THE FOLLOWING PRODUCTS: 111LIST OF FIGURES

FIGURE 1 FEED YEAST MARKET SEGMENTATION 13
FIGURE 2 FEED YEAST MARKET RESEARCH METHODOLOGY 14
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 16
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 16
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION & REGION 17
FIGURE 6 STRONG CAGR SHOWCASES BRIGHT FUTURE FOR LIVE YEAST SEGMENT,
2014-2019 ($’000) 20
FIGURE 7 SWINE & CATTLE SEGMENTS WILL SERVE AS BETTER INVESTMENT AREAS IN NEXT FIVE YEARS 21
FIGURE 8 HIGHEST MARKET GROWTH BY COUNTRY ESTIMATED IN ASIA-PACIFIC & EUROPE, 2014-2019 22
FIGURE 9 FEED YEAST MARKET SEGMENTATION 23
FIGURE 10 ATTRACTIVE MARKET OPPORTUNITIES IN FEED YEAST MARKET,
2014-2019 ($’000) 24
FIGURE 11 POULTRY: THE LARGEST & FASTEST-GROWING MARKET SEGMENT 25
FIGURE 12 EXTENSIVE LIVESTOCK REARING PROPELS THE DEMAND FOR FEED YEAST 26
FIGURE 13 BRAZIL: SECOND-LARGEST MARKET WITH ENOUGH STEAM TO COME THROUGH IN THE UPCOMING YEARS 27
FIGURE 14 DEVELOPING MARKETS PROJECT EXTENSIVE OPPORTUNITIES 28
FIGURE 15 LIVE YEAST SEGMENT: LARGEST SEGMENT 29
FIGURE 16 FUTURE HOLDS A SLOW & STEADY GROWTH PROSPECT FOR YEAST DERIVATIVES 30
FIGURE 17 MARKET IN NORTH AMERICA ON THE VERGE OF MATURITY 31
FIGURE 18 COST-EFFECTIVE TECHNOLOGICAL SOLUTIONS: A REQUIREMENT FOR THE GROWTH OF YEAST DERIVATIVES 32
FIGURE 19 FEED YEAST MARKET, BY TYPE 35
FIGURE 20 FEED YEAST MARKET, BY LIVESTOCK 35
FIGURE 21 INCREASE IN THE PRODUCTIVITY & IMPROVEMENT IN FEED EFFICIENCY WILL SPUR THE DEMAND FOR FEED YEAST 36
FIGURE 22 VALUE CHAIN ANALYSIS (2014): MANUFACTURING & ASSEMBLY STAGES POSITION THEMSELVES AS A MAINSTAY FOR VALUE ADDITION 40
FIGURE 23 SUPPLY CHAIN: DISTRIBUTIONAL STRATEGY THROUGH COLLABORATIONS PROVES TO BE THE FOREMOST OPTION 41
FIGURE 24 PORTER’S FIVE FORCES ANALYSIS (2014): STRONGER R&D SUPPORT HAS INTENSIFIED THE INDUSTRIAL RIVALRY 43
FIGURE 25 STRATEGIC BENCHMARKING: LESAFFRE & ANGEL YEAST HAVE FOCUSED ON PRODUCT DEVELOPMENT 47
FIGURE 26 STRATEGIC BENCHMARKING: ALLTECH & LESAFFRE ARE BRIDGING THEIR DISTRIBUTION NETWORK ACROSS THE GLOBE 48
FIGURE 27 INCREASED ANIMAL HEALTH CONCERNS BOOST THE GROWTH OF FEED YEAST SEGMENTS 50
FIGURE 28 LIVE YEAST MARKET TO TOUCH $300,000 THOUSAND BY 2019 51
FIGURE 29 LIVE YEAST: THE MOST CONSUMED SEGMENT, 2014-2019 (MT) 52
FIGURE 30 ASIA-PACIFIC REGION DEMANDS NEARLY ONE-THIRD OF THE GLOBAL FEED YEAST MARKET ($’000) 53
FIGURE 31 SPENT YEAST MARKET SIZE, BY GEOGRAPHY, 2014-2019 ($’000) 55
FIGURE 32 NORTH AMERICA SHOWS POSITIVE SIGN OF GROWTH SIMILAR
TO ASIA-PACIFIC ($’000) 56
FIGURE 33 FEED YEAST MARKET IS DOMINATED BY POULTRY SEGMENT ($’000) 59
FIGURE 34 POULTRY FEED YEAST MARKET IS LEADING FEED YEAST MARKET (MT) 60
FIGURE 35 GEOGRAPHIC SNAPSHOT (2013): RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOT SPOTS 70
FIGURE 36 CHINA: AN ATTRACTIVE DESTINATION FOR ALL TYPES OF FEED YEAST 70
FIGURE 37 WELL-ESTABLISHED MEAT & DAIRY INDUSTRIES ARE BOOSTING FEED YEAST MARKET IN CANADA 75
FIGURE 38 EUROPE: EMERGING FEED YEAST MARKETS 78
FIGURE 39 SPAIN IS THE MAJOR MARKET FOR FEED YEAST IN THE EUROPEAN MARKET 79
FIGURE 40 ASIA-PACIFIC FEED YEAST MARKET SNAPSHOT – CHINA IS THE MOST LUCRATIVE MARKET 88
FIGURE 41 CHINA THE LARGEST MARKET 90
FIGURE 42 KEY COMPANIES PREFERRED EXPANSIONS & INVESTMENTS & NEW PRODUCT LAUNCHES OVER THE LAST FOUR YEARS 102
FIGURE 43 CARGILL, INC. GREW AT THE HIGHEST RATE BETWEEN 2009–2013 103
FIGURE 44 FEED YEAST MARKET SHARE, BY KEY PLAYER, 2009–2013 103
FIGURE 45 EXPANSIONS & NEW PRODUCT LAUNCHES HAVE FUELLED GROWTH & INNOVATION BETWEEN 2010 & 2013 104
FIGURE 46 EXPANSIONS & NEW PRODUCT LAUNCHES: THE KEY STRATEGIES 105
FIGURE 47 GEOGRAPHIC REVENUE MIX OF TOP 5 MARKET PLAYERS 110
FIGURE 48 ASSOCIATED BRITISH FOODS PLC: BUSINESS OVERVIEW 111
FIGURE 49 ASSOCIATED BRITISH FOODS PLC: SWOT ANALYSIS 112
FIGURE 50 ARCHER DANIELS MIDLAND COMPANY: BUSINESS OVERVIEW 113
FIGURE 51 ARCHER DANIELS MIDLAND COMPANY: SWOT ANALYSIS 114
FIGURE 52 ALLTECH INC.: BUSINESS OVERVIEW 116
FIGURE 53 ANGEL YEAST CO., LTD: BUSINESS OVERVIEW 118
FIGURE 54 CARGILL, INC.: BUSINESS OVERVIEW 121
FIGURE 55 CARGILL, INC.: SWOT ANALYSIS 123
FIGURE 56 DIAMOND V MILLS: BUSINESS OVERVIEW 124
FIGURE 57 LALLEMAND INC.: BUSINESS OVERVIEW 127
FIGURE 58 LEIBER GMBH: BUSINESS OVERVIEW 129
FIGURE 59 LESAFFRE GROUP: BUSINESS OVERVIEW 131
FIGURE 60 LESAFFRE GROUP: SWOT ANALYSIS 133
FIGURE 61 NUTRECO N.V.: BUSINESS OVERVIEW 134
FIGURE 62 NUTRECO N.V.: SWOT ANALYSIS 135