Selenium Yeast Market is Expected to Achieve a 5.5% CAGR from 2022 to 2032, Reaching US$ 375.9 Million by 2032

The global selenium yeast market is set to witness growth at a CAGR of 3.7% and top a valuation of US$ 375.9 Million by 2032, as per Future Market Insights (FMI). Selenium as an important trace element is required to maintain good health and a balanced nutrient profile.

Selenium yeast is an essential compound product containing selenoproteins which is required by several other important anti-oxidants to convert hormones from inactive to the active form. As an optimal selenium level is very important in order to maintain a healthy and proper body function, intake of a selenium-based diet and supplements should be accurate, which can be provided by selenium yeast perfectly.

Selenium yeast in any form is utilized by selenoprotein synthesis of the body and it works best when organically sourced. This is easily metabolized as a cellular storage form of selenium, known as hydrogen selenide.

Selenomethionine absorption works best, as organic selenium yeast uses same active transport mechanism like methionine, which is an essential amino acid. This can only be dietary selenium which is more efficient than inorganic forms of selenium in terms of selenomethionine absorption. Some selenium yeast supplements include vitamin E as well to further facilitate selenium absorption and increase its antioxidant effects.

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Key Takeaways from the Market Study

  • The selenium yeast market is expected to reach a valuation of US$ 261.4 Mn in 2022 and expand at CAGR of 3.7% through 2032.
  • Global selenium yeast demand is projected to grow year-on-year (Y-o-Y) growth of 3.3% in 2022.
  • The selenium yeast market is growing with a notable boost towards the production to reach US$ 375.9 Mn by 2032.
  • In terms of nature, organic selenium yeast is expected to gain immense popularity across the globe over the forecast period.
  • In terms of grade, the food grade segment is expected to witness robust growth through 2022 & beyond
  • Based on application, the dietary and pharmaceuticals industries are expected to account for notable market share during the forecast period.

“Organic selenium yeast supplements are essential due to several facilities it provides to human health including higher anti-oxidant activities and other nutrients absorption, which is driving the growth in food, pharmaceuticals, and animal feed industries over the forecast period,” says a Future Market Insights analyst.

Competitive Landscape

Key selenium yeast brands are focusing on sustainable and organic product developments while extending the product portfolio with extensive research procedures and several modifications to capture more market share in global arena and to further boost the industry growth.

  • The brand Lallemand Inc. provides selenium yeast products under the name of Lalmin® Selenium, which is a safe form of essential mineral compound of organically bound selenium and available in the selenomethionine form. The range contains two products – Lalmin® Se1000 with 0.1% organically bound selenium, and Lalmin® Se2000 with 0.2% organically bound selenium, which provides antioxidant activity, supports thyroid, immune, and reproductive functions, and maintains nails and hair health.
  • The manufacturer Lesaffre is selling organically bound nutritional yeast named as Lynside® Forte Se+ which is fortified with selenium to improve immunity and fertility in human body. During the fermentation process of production, the selenium gets integrated fully by the yeast and becomes an active coumpound of selenomethionine, which is the most bioavailable form of selenium to provide proteins, vitamins, fibers, minerals, and more nutrients to contribute to overall health and wellness.

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global selenium yeast market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

The study offers compelling insights based on nature (organic and conventional), grade (food grade and feed grade), and application (food & beverages, nutraceuticals & dietary supplements, animal feed, and others), across seven major regions of the world.

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Scope Of Report

Attribute Details
Market Size Value in 2022 US$ 261.4 Million
Market Forecast Value in 2032 US$ 375.9 Million
Global Growth Rate ~3.7% CAGR
Forecast Period 2022 to 2032
Historical Data Available for 2017 to 2021
Market Analysis MT for Volume and US$ Million for Value
Key Regions Covered North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East and Africa
Key Countries Covered United States of America, Canada, Brazil, Mexico, Argentina, Chile, Peru, Germany, France, Italy, Spain, UK, Netherlands, Belgium, Nordic, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Singapore, Australia, New Zealand, GCC Countries, South Africa, Central Africa, North Africa, and others
Key Market Segments Covered Nature, Grade, Application, and Regions
Key Companies Profiled
  • Archer Daniels Midland Company
  • Lesaffre Group
  • Alltech Inc
  • Lallemand Inc.
  • Novus International, Inc.
  • AngelYeast Co., Ltd.
  • Pharma Nord Inc.
  • Miro Chembiotech Ltd.
  • Chaitanya Agro Biotech Pvt. Ltd.
  • Celtic Chemicals Ltd
  • Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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