Global High Selenium Yeast Market Growth 2023-2029

Global High Selenium Yeast Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “High Selenium Yeast Industry Forecast” looks at past sales and reviews total world High Selenium Yeast sales in 2022, providing a comprehensive analysis by region and market sector of projected High Selenium Yeast sales for 2023 through 2029. With High Selenium Yeast sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world High Selenium Yeast industry.

This Insight Report provides a comprehensive analysis of the global High Selenium Yeast landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on High Selenium Yeast portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global High Selenium Yeast market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for High Selenium Yeast and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global High Selenium Yeast.

The global High Selenium Yeast market size is projected to grow from US$ 324.9 million in 2022 to US$ 385.9 million in 2029; it is expected to grow at a CAGR of 385.9 from 2023 to 2029.

The global high-selenium yeast market is led by North America. Europe is the second-largest region-wise market. At present, the major manufacturers of high-selenium yeast are concentrated in USA, EU and China. Alltech is the world leader, holding 22% sales market share. Lesaffre, Angel, Lallemand and Novus International are major players in the global market.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of High Selenium Yeast market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Food Grade

Feed Grade

Segmentation by application

Functional Food

Feed Industry

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Alltech

Lesaffre

Angel

Lallemand

Novus International

Cypress Systems

Diamond V

Biorigin

Tianxiangyuan

Prince Agri Products

Key Questions Addressed in this Report

What is the 10-year outlook for the global High Selenium Yeast market?

What factors are driving High Selenium Yeast market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do High Selenium Yeast market opportunities vary by end market size?

How does High Selenium Yeast break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.