Selenium Yeast Market Size by Application (Functional Food, Animal Feed{Cattle, Poultry, Swine, Equine, Pet}, Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026

Published Date: Dec 2019  |  Report ID: GMI4457  |  Authors: Kunal Ahuja, Kritika Mamtani

Report Format: PDF   |   Pages: 130   |   Base Year: 2018




Summary Table of Contents Industry Coverage Methodology

Rapid consumption of functional foods for promoting overall health to assist selenium yeast demand

Selenium Yeast Market size exceeded USD 210 million, globally in 2018 and is estimated to grow at over 3.5% CAGR between 2019 and 2026.
 

Selenium Yeast Market

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Selenium yeast which is also known as organic selenium or baker’s yeast is produced using the microorganism Saccharomyces cerevisiae. The yeast is grown in a selenium-enriched medium where it absorbs the selenium and converts it into a selenium form which is naturally found in foods. Selenium yeast is widely used in food fortification, animal nutrition and supplements as it supports immune system and boosts the activity of white blood cells. Selenium yeast acts as a rich source of nutrition and is a natural alternative to synthetic ingredients used in food additive formulations. 
 

Market factors such as ability to neutralize free radicals, prevent the penetration of chronic diseases and significant reduction to tissue damage has increased the adoption of selenium yeast in diet. In accordance to the market data presented by FDA, recommended dietary allowances for selenium accounts to 40-55 mcg in the diet. Rich food sources include seafoods, cereal, grains and dairy products. According to the Unites States Office of Dietary Supplements, selenium yeast  forms a vital trace mineral which is required by the body to promote hormone metabolism, provide protection against infection, oxidative damage and contributes to DNA synthesis.
 

Global revenue generated by functional food market amounted over at USD 300 billion in 2017. Opportunities for the market can be attributed to the rise in demand for naturally derived additives in food formulations owing to increasing health & wellness concerns. This has urged manufacturers to invest in research & development activities which has boosted the demand for nutritional additives in food items. Market players are increasing innovations in product development to offer high antioxidant content which help treat cancer and cholesterol.
 

Selenium yeast industry demand shall register high growth as this trace element helps maintain normal functions of cardiovascular system. The yeast contains high quality protein, minerals, dietary fiber and essential amino acids which makes it suitable for the functional food market. The market share is likely to observe substantial growth due to surging demand for fortifying food additives which help in improving the nutritional value of food items.
 

The code of federal regulations  title 21 CFR 573.920 - FDA establishes rules for addition of food & feed additives such as selenium (baker yeast) to an appropriate level in human and animal nutrition. The Food and Drug Administration (FDA) amends regulations for use of food additives in feed to provide secure utilization of selenium yeast for feeding livestock including beef cattle.
 

Selenium Yeast Market Report Coverage
Report Coverage Details
Base Year: 2018 Market Size in 2018: 210 million (USD)
Historical Data for: 2015 to 2018 Forecast Period: 2019 to 2026
Pages: 130 Tables, Charts & Figures: 181
Geographies covered (20): U.S., Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Australia, Malaysia, Brazil, Argentina, Saudi Arabia, UAE, South Africa
Segments covered: Applications
Companies covered (30): Alltech, Lallemand Nutrition, Pharma Nord, Angel Yeast Co. Ltd., Novus Internataional Inc., Johncan Bio, Biorigin, Archer Daniels Midland, Lesaffre, Selko, Cypress Systems Inc., Diamond V, Garuda International Inc.
Growth Drivers:
  • North America: Growing meat & dairy products consumption
  • Europe: Growing demand for nutrition rich ingredients in food & beverages
Pitfalls & Challenges:
  • Low availability of raw materials

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Growing meat consumption to drive selenium yeast demand from animal feed industry

Selenium Yeast Market By Animal Feed

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Based on application, the market is segmented into functional food and animal feed. Market size shall boost in the projected timeframe  as selenium yeast supplementation in livestock feed helps improve antioxidant properties, enhances milk selenium content and helps improve immunity and fertility. Selenium yeast is an optimal source of nutrition for several animal species such as horses, swine, aquaculture and poultry as it improves muscle development and significantly reduces the occurrence of muscular deficiencies such as white muscle disease.
 

Market share of selenium yeast from animal feed industry shall escalate owing to the adoption of organic additives in feed formulations due to growing awareness towards the hazardous effect of synthetic additives. Market growth is attributed to stiffer regulations in several economies such as Europe and the U.S. which have laid down norms restricting antibiotic feed production and enabling the use of natural additives.
 

The market outlook should witness significant growth as the adequate consumption of selenium yeast improves joint health, improves immune resistance and helps in prevention of cancer. The deficiency of this organic yeast increases the risk of nutritional muscular dystrophy which primarily occurs in young calves and lambs.
 

Rapid consumer knowledge on consumption of natural ingredients to escalate demand in Europe

Europe Selenium Yeast Market By Applications

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Germany selenium yeast market size from functional food applications may register gains at over 3.5% by 2026. Market share should grow owing to efforts by food & beverage market manufacturers to incorporate nutritional ingredients in various food formulations to improve food quality. The key driving factor of the market can be accredited to consumer awareness towards health & wellness which has enabled food companies to incorporate natural ingredients and improve selenium yeast product innovations.
 

Selenium yeast market growth in Europe is experiencing significant growth owing to its increasing usage in food & beverage sector. The product acts as a natural antioxidant which helps improve blood circulation, lowers blood pressure and improves bone strength. Selenium-containing foods are supplemented for human nutrition owing to their ability to prevent coronary heart disease, regulate metabolism, digestive function and metabolize thyroid hormones. 
 

New product launches to enhance market opportunities remains key industry growth strategy

In January 2016, Lallemand Anima Nutrition, a manufacturer of yeasts and bacteria for nutrition, launched a new product, Alkosel 600 supplement. Alkosel 600 is a ready-to-use formulation of the whole cell yeast which contains organic selenium. The product can be used without premixing. The new product is widely served in animal feed market as it offers enhanced antioxidant profiles in end products, improves fertility and reduces the incidences of muscular deficiencies.
 

Various market players are engaged in new product launches and collaborations to improve their market presence and gain a competitive edge in the selenium yeast industry. The major market leaders are Alltech, Lallemand, Pharma Nord, Archer Daniels Midland, Angel Yeast, Novus and Johncan Bio.
 

The selenium yeast market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons revenue in USD from 2015 to 2026, for the following segments:

Selenium Market, By Application

  • Functional Food
  • Animal Feed
    • Cattle
    • Poultry
    • Swine
    • Equine
    • Pet
  • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Australia
  • Latin America (LATAM)
    • Brazil
    • Argentina
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • South Africa
    • UAE
       

Frequently Asked Questions (FAQ) :

Selenium yeast which is also known as organic selenium or baker’s yeast is produced using the microorganism Saccharomyces cerevisiae. The yeast is grown in a selenium-enriched medium where it absorbs the selenium and converts it into a selenium form which is naturally found in foods.
Adoption of organic additives in feed formulations due to growing awareness towards the hazardous effect of synthetic additives is fueling the industry growth.
Alltech, Lallemand, Pharma Nord, Archer Daniels Midland, Angel Yeast, Novus and Johncan Bio are top companies operating in the global market for selenium yeast.

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Premium Report Details

  • Published Date: Dec 2019
  • Pages: 130
  • Tables: 160
  • Charts / Figures: 21
  • Companies covered: 30
  • Countries covered: 20

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