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Selenium Yeast Market Size By Application (Functional Food, Animal Feed {Cattle, Poultry, Swine, Equine, Pet}), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023–2032

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Selenium Yeast Market Size

Selenium Yeast Market size valued at USD 235 million in 2022 and is anticipated to exhibit a CAGR of 2.5% between 2023 and 2032, given the rising incidence of chronic diseases worldwide.
 

Selenium Yeast Market

Selenium has gained popularity as a key ingredient in foods and beverages since it can boost the activity of white blood cells that fight diseases and infections. The intake of selenium yeast is also associated with cancer prevention, cholesterol reduction, and treatment of conditions such as Hashimoto’s thyroiditis. Based on data from the National Association of Chronic Disease Directors, over two-thirds of deaths in the U.S. are caused by chronic conditions. The growing burden of chronic diseases will thus encourage the adoption of nutrient-rich ingredients, such as selenium yeast extract, in functional foods and beverages.
 

The adoption of sodium selenite and other inorganic selenium can lead to low utilization rates and environmental pollution. Yeast-derived selenium, with high organic selenium content, bioavailability, and safety has emerged as a critical raw material for feed additives. The escalating consumption of high-protein animal feed and nutrition solutions will therefore proliferate selenium yeast usage. However, the limited availability of raw materials and the toxicity associated with product intake surpassing safe levels may hinder the industry expansion.
 

Selenium Yeast Market Analysis

Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
What is the value of the global selenium yeast market?
The industry size of selenium yeast was reached USD 235 million in 2022 and is set to depict over 2.5% CAGR through 2023-2032, on account of the rising incidence of chronic diseases.
Why is the addition of selenium yeast in animal feed increasing?
How large is the Asia Pacific selenium yeast industry?
Which companies produce selenium yeast products?
Selenium Yeast Market Scope
  • Selenium Yeast Market Size
  • Selenium Yeast Market Trends
  • Selenium Yeast Market Analysis
  • Selenium Yeast Market Share
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    Premium Report Details

    Base Year: 2022

    Companies covered: 15

    Tables & Figures: 182

    Countries covered: 20

    Pages: 160

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