Selenium Yeast Market size to exceed $275mn by 2026

Selenium Yeast Market size is set to surpass USD 275 million by 2026; according to a new research report by Global Market Insights, Inc.
 

Selenium yeast is a source of selenium produced from a non-pathogenic yeast Saccharomyces cerevisiae and used to supplement human & animal diets. Its selenium content and composition are very similar to the natural form of selenium found in foods such as poultry, meats, peas, eggs and nuts.

 

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The selenium yeast market outlook shall witness significant gains from 2019 to 2026 on account of growing demand for high quality animal protein. Animal feed plays a crucial role in ensuring safety and abundance of nutrients in animal meat. This has urged market manufacturers to incorporate high performance natural ingredients in feed formulations.
 

Selenium yeast in the diet of swine, cattle, horses and poultry gets easily absorbed in the digestive tract as an amino acid which improves immunity, growth and enhances nutritive value & quality of eggs. Increasing R&D activities along with rising consumer preference towards natural feed market shall boost consumption.
 

Demand for fortifying food additives to boost selenium yeast adoption

Selenium yeast is extensively used as a nutritional food additive owing to its ability to support the immune system and healthy muscle activity. The ingredient plays a vital role in preventing infection and offers health promoting properties. Global functional food ingredients market size amounted over USD 65 billion in 2018 which shows significant market opportunities.
 

The inclusion of selenium yeast in the diet reduces the risk of cardiovascular diseases and provides essential amino acids for proper functioning. Growing consumer focus towards healthy diet and lifestyle pertaining to rising penetration of various chronic diseases shall escalate the market growth.
 

Browse key industry insights spread across 130 pages with 160 market data tables and 21 figures & charts from the report, “Selenium Yeast Market Share By Application (Functional Food, Animal Feed{Cattle, Poultry, Swine, Equine, Pet}), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/selenium-yeast-market
 

Rising concerns towards meat quality & safety to escalate market share in North America

Increasing consumer awareness towards the adverse effects of artificial growth promoters in animal feed industry is expected to have a positive impact on the selenium yeast market growth. Growing government regulations prohibiting the use of antibiotics in animal nutrition is a key market factor which is expected to drive selenium yeast demand.
 

The North American Meat Institute states that high dose of antibiotics to treat infections offers potential risk of bacterial antibiotic resistance. This has influenced manufacturers to develop new ways to improve production and develop products which provide similar benefits.
 

North America market outlook is expected to register gains at above 3% by the end of 2026. The usage of the product in ruminant diet enhances selenium levels in blood, milk and muscles which helps in superior immune transfer to the calf. The product gets easily digested owing to its ability to be manufactured in powder and granule form. High bioavailability and minimum toxicity are the primary market factors boosting selenium yeast industry growth. Furthermore, the ingredient enhances egg quality and fulfills the antioxidant deficiencies in livestock.
 

Shift towards clean label options to drive organic cosmetics demand in Asia Pacific

Growing demand for chemical free ingredients in cosmetic formulations and growing consumer focus towards natural beauty products shall foster regional market growth. Use of synthetic additives in cosmetics often causes skin and hair problems. Selenium yeast usage in cosmetics helps fight against inflammation and offers anti-aging properties which shows substantial opportunities for market growth. Cosmetic market size in Asia Pacific surpassed USD 120 billion in 2018 which accounts over 35 % of the global market share. Growing R&D expenditure to develop additives derived from natural extracts shall further accelerate the market growth.
 

Selenium yeast in beauty products provides antioxidants, sun protection and promotes healthy skin. The additive increases skin tolerance to UV radiations which reduces the risks of sunburns and potentially reduces the harmful effects of solar exposure which lead to early aging and skin cancer.
 

Market players are engaged in developing new product innovations to improve their product portfolio. Manufacturers are also concentrating on partnerships and joint ventures to improve their market presence. Some key players in selenium yeast market include Alltech Inc, Lallemand Nutrition, Angel Yeast Co. Ltd., Lesaffre and Garuda International Inc.

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