Selenium Yeast Market Size & Share 2023 to 2032

Report ID: GMI4457
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Published Date: February 2023
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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

The selenium yeast market share from the animal feed application segment is slated to witness more than 2% CAGR through 2032, on account of the mounting import of livestock commodities. According to statistics from the USDA, between 2001 and 2021, total imports of poultry, beef, pork, and other livestock products rose by 117% and are further expected to grow through 2031. These factors, along with the increased intake of poultry products, will propel the use of selenium yeast in feeds for poultry and other animals, to deliver quality meat.
 

Selenium Yeast Market Size By Region

The Asia Pacific selenium yeast market value will reach USD 120 million by 2032, driven by the rapid rise in funding programs to enhance livestock value chains. For instance, in December 2022, the Asian Development Bank announced a USD 62.9 million package to enhance food security and drive economic growth through the improvement of livestock health, value chains and formal livestock trade in Cambodia. Moreover, the growing burden of avian influenza and other livestock diseases will promote the adoption of quality animal feed additives and foster the regional industry trends.
 

Latin American selenium yeast market share is projected to register a 3% CAGR during the forecast timeline, due to the rise in poultry exports. Based on the USDA, in 2023, chicken meat export in Brazil is set to increase by 6% to reach 5 million metric tons, thus augmenting the requirement for animal feed ingredients including selenium yeast. Likewise, the increasing prevalence of chronic ailments such as cancer will influence the intake of functional foods and beverages with high selenium yeast content across the region.
 

Selenium Yeast Market Share

Prominent participants operating across the selenium yeast market include

  • Angel Yeast
  • Cypress Systems Inc.
  • Biorigin
  • Johncan Bio
  • Miro Chembiotech
  • Garuda
  • Aleris
  • Pharma Nord
  • Selko
  • ADM
  • Novus
  • Lallemand
  • Lesaffre
  • ABF
  • Alltech

These companies are focusing on mergers and acquisitions, new product launches, and business expansions to strengthen their presence and increase their customer base in the industry.
 

For instance, in June 2020, Lesaffre acquired a major stake in Biohymn Biotechnology, a China-based producer of yeast and yeast extracts. This acquisition was intended to enable the company to boost its product portfolio and reinforce its footprint in China and the global market.
 

Impact of the COVID-19 pandemic

During the initial months of the COVID-19 pandemic, the poultry sector witnessed a downturn due to reports of the virus spreading through meat consumption. The implementation of lockdowns and other restrictions also limited the movement of vehicles carrying feed, livestock, and feed ingredients, hindering selenium yeast industry growth. However, the high awareness of the importance of livestock nutrition and the gradual increase in the consumption of meat products will contribute to the recovery of the market.
 

This selenium yeast market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons and revenue in USD million from 2018 to 2032 for the following segments:

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
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Malaysia
  • Latin America
    • Brazil
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa

 

Authors: Kiran Pulidindi, Kunal Ahuja
Selenium Yeast Market Scope
  • Selenium Yeast Market Size
  • Selenium Yeast Market Trends
  • Selenium Yeast Market Analysis
  • Selenium Yeast Market Share

Report Content

Chapter 1   Methodology & Scope

1.1    Methodology

1.2    Market definitions

1.3    Market estimation & forecast parameters

1.4    Data Sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid Sources

1.4.2.2    Public Sources

Chapter 2   Executive Summary

2.1    Selenium Yeast industry 3600 synopsis, 2018–2032

2.1.1    Business trends

2.1.2    Regional trends

2.1.3    Application trends

Chapter 3   Selenium Yeast Industry Insights

3.1    Industry segmentation

3.2    Industry size & forecast, 2018 – 2032

3.3    Industry ecosystem analysis

3.3.1    Vendor matrix

3.3.2    Distribution channel analysis

3.3.2.1    Collaborations/Partnerships

3.3.2.2    Distributors

3.3.2.3    Suppliers

3.3.2.4    Technology providers

3.4    Regulatory landscape

3.4.1    U.S.

3.4.2    Asia Pacific

3.5    Pricing analysis

3.5.1    Cost structure analysis

3.5.1.1    Machinery & Equipment Cost

3.5.1.2    Manufacturing cost

3.5.1.3    Other expenses

3.6    Industry impact forces

3.6.1    Growth drivers

3.6.1.1    North America

3.6.1.1.1    Growing meat & dairy products consumption

3.6.1.2    Europe

3.6.1.2.1    Growing demand for nutrition rich ingredients in food & beverages

3.6.1.3    Asia Pacific

3.6.1.3.1    Growing concerns for meat safety & quality

3.6.2    Industry pitfalls & challenges

3.6.2.1    Low availability of raw material

3.7    Innovation & sustainability

3.8    Growth potential analysis, 2022

3.8.1    Emerging business model

3.8.1.1    Collaboration/Joint ventures

3.8.1.2    Acquisitions

3.8.1.3    Product launch

3.9    Porter’s analysis

3.10    PESTEL analysis

3.10    PESTEL analysis

3.10    PESTEL analysis

Chapter 4   Competitive Landscape

4.1    Introduction

4.2    Company Market share analysis, 2022

4.3    Competitive analysis of major market player

4.4    Competitive positioning matrix

4.5    Strategy Outlook

Chapter 5   Selenium Yeast Market, By Application

5.1    Key application trends

5.2    Functional Food

5.2.1    Global selenium yeast market for functional food, 2018–2032, (Kilo Tons) (USD Million)

5.2.2    Global selenium yeast market for functional food, by region, 2018–2032, (Kilo Tons) (USD Million)

5.3    Animal Feed

5.3.1    Global selenium yeast market for animal feed, 2018–2032, (Kilo Tons) (USD Million)

5.3.2    Global selenium yeast market for animal feed, by region, 2018–2032, (Kilo Tons) (USD Million)

5.3.3    Global selenium yeast market for animal feed, by application, 2018–2032 (Kilo Tons)(USD Million)

5.3.4    Cattle

5.3.4.1    Global selenium yeast market for animal feed from cattle, 2018–2032, (Kilo Tons) (USD Million)

5.3.4.2    Global selenium yeast market for animal feed from cattle,by region, 2018–2032, (Kilo Tons) (USD Million)

5.3.5    Poultry

5.3.5.1    Global selenium yeast market for animal feed from poultry, 2018–2032, (Kilo Tons) (USD Million)

5.3.5.2    Global selenium yeast market for animal feed from poultry, by region, 2018–2032, (Kilo Tons) (USD Million)

5.3.6    Swine

5.3.6.1    Global selenium yeast market for animal feed from swine, 2018–2032, (Kilo Tons) (USD Million)

5.3.6.2    Global selenium yeast market for animal feed from swine, by region, 2018–2032, (Kilo Tons) (USD Million)

5.3.7    Equine

5.3.7.1    Global selenium yeast market for animal feed from equine, 2018–2032, (Kilo Tons) (USD Million)

5.3.7.2    Global selenium yeast market for animal feed from equine, by region, 2018–2032, (Kilo Tons) (USD Million)

5.3.8    Pet

5.3.8.1    Global selenium yeast market for animal feed from pet, 2018–2032, (Kilo Tons) (USD Million)

5.3.8.2    Global selenium yeast market for animal feed from pet, by region, 2018–2032, (Kilo Tons) (USD Million)

5.4    Others

5.4.1    Global others market, 2018–2032, (Kilo Tons) (USD Million)

5.4.2    Global others market, by region, 2018–2032, (Kilo Tons) (USD Million)

Chapter 6   Selenium Yeast Market, By Region

6.1    Key regional trends

6.2    North America

6.2.1    North America selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.2.2    North America selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.2.3    North America selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.2.4    U.S.

6.2.4.1    U.S. selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.2.4.2    U.S. selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.2.4.3    U.S. selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.2.5    Canada

6.2.5.1    Canada selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.2.5.2    Canada selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.2.5.3    Canada selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.2.6    Mexico

6.2.6.1    Mexico selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.2.6.2    Mexico selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.2.6.3    Mexico selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.3    Europe

6.3.1    Europe selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.3.2    Europe selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.3.3    Europe selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.3.4    Germany

6.3.4.1    Germany selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.3.4.2    Germany selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.3.4.3    Germany selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.3.5    UK

6.3.5.1    UK selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.3.5.2    UK selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.3.5.3    UK selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.3.6    France

6.3.6.1    France selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.3.6.2    France selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.3.6.3    France selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.3.7    Italy

6.3.7.1    Italy selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.3.7.2    Italy selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.3.7.3    Italy selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.3.8    Spain

6.3.8.1    Spain selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.3.8.2    Spain selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.3.8.3    Spain selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.3.9    Russia

6.3.9.1    Russia selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.3.9.2    Russia selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.3.9.3    Russia selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.4    Asia Pacific

6.4.1    Asia Pacific selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.4.2    Asia Pacific selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.4.3    Asia Pacific selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.4.4    China

6.4.4.1    China selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.4.4.2    China selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.4.4.3    China selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.4.5    India

6.4.5.1    India selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.4.5.2    India selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.4.5.3    India selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.4.6    Japan

6.4.6.1    Japan selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.4.6.2    Japan selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.4.6.3    Japan selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.4.7    South Korea

6.4.7.1    South Korea selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.4.7.2    South Korea selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.4.7.3    South Korea selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.4.8    Australia

6.4.8.1    Australia selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.4.8.2    Australia selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.4.8.3    Australia selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.4.9    Malaysia

6.4.9.1    Malaysia selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.4.9.2    Malaysia selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.4.9.3    Malaysia selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.5    Latin America (LATAM)

6.5.1    LATAM selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.5.2    LATAM selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.5.3    LATAM selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.5.4    Brazil

6.5.4.1    Brazil selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.5.4.2    Brazil selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.5.4.3    Brazil selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.5.5    Argentina

6.5.5.1    Argentina selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.5.5.2    Argentina selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.5.5.3    Argentina selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.6    Middle East & Africa (MEA)

6.6.1    MEA selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.6.2    MEA selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.6.3    MEA selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.6.4    UAE

6.6.4.1    UAE selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.6.4.2    UAE selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.6.4.3    UAE selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.6.5    Saudi Arabia

6.6.5.1    Saudi Arabia selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.6.5.2    Saudi Arabia selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.6.5.3    Saudi Arabia selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

6.6.6    South Africa

6.6.6.1    South Africa selenium yeast market, 2018–2032, (Kilo Tons) (USD Million)

6.6.6.2    South Africa selenium yeast market, by application, 2018–2032, (Kilo Tons) (USD Million)

6.6.6.3    South Africa selenium yeast market, by animal feed, 2018–2032, (Kilo Tons) (USD Million)

Chapter 7   Company Profiles

Don't see your key competitors?

The companies listed in this report are a curated selection - not the full competitive universe.

Our market revenue calculations use a bottom-up methodology that accounts for all players across all regions - including manufacturers, distributors, and specialists not individually profiled. The profiles section spotlights strategically significant players; it does not define the scope of our market sizing.

Your competitive landscape may also include

Regional or domestic-only leaders not in the global top tier
Distributors and channel partners who control market access
Emerging disruptors, startups, or adjacent-industry entrants
Niche players focused on a specific application or end-use

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