This report studies the high-selenium yeast market, high selenium yeast is a form of supplemental selenium, which is also referred to as organic selenium. Selenium yeast is produced using the microorganism Saccharomyces cerevisiae, which is better known as baker's yeast or brewer's yeast. When the yeast is grown in a selenium-enriched medium, it absorbs the selenium and converts it into the form of selenium naturally found in foods, selenomethionine. The final product is used to fortify foods, fodder and to make supplements.
Selenium yeast is a form of supplemental selenium, which is also referred to as organic selenium. As a result, it has been used to manufacture health food, medicine raw materials and feed supplements. Feed is the main application of high-selenium yeast, accounting for 92% of consumption share in 2016.
In the past few years, high-selenium yeast industry maintained a rapid growth rate. In the meantime, several new companies have entered the industry. In a certain sense, we have optimistic attitudes to this industry. However, the potential risks and high prices have limited the development of this industry to a certain extent. Selenised yeasts are produced by fermenting yeasts with sodium selenite (and selenite is toxic for the yeast), therefore large variability exists in Se-Yeasts.
According to this study, over the next five years the High Selenium Yeast (High-Selenium Yeast) market will register a 3.1% CAGR in terms of revenue, the global market size will reach USD 350 million by 2024, from USD 290 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in High Selenium Yeast (High-Selenium Yeast) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of High Selenium Yeast (High-Selenium Yeast) market by product type, application, key manufacturers and key regions and countries.
This study considers the High Selenium Yeast (High-Selenium Yeast) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Food Grade
Feed Grade
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Functional Food
Feed Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Alltech
Lesaffre
Angel
Lallemand
Novus International
Cypress Systems
Diamond V
Biorigin
Tianxiangyuan
Prince Agri Products
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global High Selenium Yeast (High-Selenium Yeast) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of High Selenium Yeast (High-Selenium Yeast) market by identifying its various subsegments.
Focuses on the key global High Selenium Yeast (High-Selenium Yeast) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the High Selenium Yeast (High-Selenium Yeast) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of High Selenium Yeast (High-Selenium Yeast) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.