Organic Selenium Yeast for Animal Feed Market is expected to reach US$ 6.46 Million by 2031

Rising Awareness Regarding Benefits of Organic Selenium Yeast for Animal Nutrition Boosts Organic Selenium Yeast for Animal Feed Market

Growth

According to our latest study on “Organic Selenium Yeast for Animal Feed Market Size and Forecast (2021–2031), Global and Regional Growth Opportunity Analysis – by Livestock,” the market was valued at US$ 4.26 million in 2023 and is projected to reach US$ 6.46 million by 2031; it is estimated to register a CAGR of 5.3% from 2023 to 2031. The report highlights key factors driving the market growth and prominent players along with their developments in the market. Apart from growth drivers, the report covers the organic selenium yeast for animal feed market trends and their foreseeable impact during the forecast period.

Selenium is one of the important trace minerals used in animal feed to improve the reproduction and overall performance of dairy cows, poultry, swine, aquaculture, pets, and equine. There are two sources of selenium: organic and inorganic selenium. Inorganic selenium such as sodium selenite is being traditionally used as a selenium source in feed. However, due to its toxicity and pro-oxidant properties, livestock farmers and feed manufacturers are shifting toward organic selenium yeast. Organic selenium yeast ensures optimum selenium supply, which has an antioxidant effect, supports reproductive health, improves egg production and eggshell quality in chicken, and improves meat quality and nutritional value of meat. Increasing awareness of the advantages of organic selenium yeast among animal feed manufacturers and livestock breeders is significantly driving the market growth. The organic selenium yeast for animal feed market is experiencing lucrative growth due to the rising demand for sustainable and organic feed additives. However, the synthetic selenium penetration is still high as it is readily available. Moreover, there is a limited number of regional and global players operating in the organic selenium yeast for animal feed market, as the product is still in its nascent phase and proper research is still required for its large-scale production.

Organic Selenium Yeast for Animal Feed Market Breakdown – by Region

Animals need selenium as a trace mineral. It functions as a potent antioxidant essential for growth, metabolism, healthy reproduction, and the body's defense mechanisms. Additionally, it strengthens an animal's immune system. Immune system security naturally improves performance because it requires less animal energy to combat sickness. In Poultry, selenium supplements support breeder fertility and optimize egg and meat quality. The animals who consume feed and food made from organic ingredients and additives offer meat that has high nutritional value. Therefore, the preference for organic selenium over synthetic is high as it does not contain pesticides. Organic selenium yeast also supports selenium retention in muscle and tissue and boosts the reproductive performance of swine. Organic selenium supplementation in fish is linked to high length and weight gain, improved growth, and optimized immune performance. Thus, owing to such benefits, various animal feed manufacturers are fortifying feed with organic selenium yeast to improve the feed quality.

The feed fortification with various organic minerals is linked to improved animal health and welfare. The high prevalence of micronutrient deficiency diseases among animals boosts the demand for fortified feed, resulting in an increase in the adoption of organic minerals such as organic selenium yeast. Thus, the benefits associated with organic selenium yeast for animal nutrition drive the organic selenium yeast for animal feed market growth.

The organic selenium yeast for animal feed market analysis has been performed by considering the following segment: livestock. In terms of livestock, the market is segmented into poultry, ruminants, swine, aquaculture, pets, and others. The poultry segment held a significant organic selenium yeast for animal feed market share in 2023. Humans use poultry animals for eggs and meat consumption. The demand for animal protein to fulfill the requirement for human nutrition is increasing substantially. Poultry is one of the most popular sources of animal protein due to its low-fat, low-calorie, and lean protein content than other sources. This factor boosts the demand for poultry animals. Thus, poultry farmers are paying more attention to the dietary requirements of poultry animals to maintain quality production. Selenium deficiency in the diet of poultry animals can lead to reduced egg production, poor feathering, suppressed immunity, diseases, and several other adverse effects that are major factors for losses in a poultry operation. The poultry animals that received a diet supplemented with the new organic selenium yeast contained the highest percentage of selenium in the eggs. Additionally, the benefits of organic selenium in poultry include feather quality, chick health, healthy antioxidant status, eggshell quality, egg production, nutritional value of meat, and reproduction. The demand for poultry meat is growing rapidly, with the majority of people preferring chicken over beef and pork due to its low fat and high protein content; this eventually fuels the need for poultry feed ingredients such as organic selenium yeast.

In terms of revenue, Asia Pacific dominated the organic selenium yeast for animal feed market share in 2023. Asia Pacific is the largest producer of animal feed worldwide. The region is home to a few of the major livestock/animal farming countries. India has the largest livestock population, which majorly boosts the region's demand for animal feed ingredients such as organic selenium yeast. The region has witnessed a rise in the number of feed mills as well as feed production, particularly in Japan and India. Moreover, Asia Pacific recorded the second largest aquafeed demand, resulting in high animal feed production. As per the Alltech Global Feed Survey 2021, China recorded the largest feed production worldwide, with ~240 million tons of feed produced annually. Thus, with increasing feed production, feed ingredient providers are developing innovative ways to develop natural and organic nutrients, such as organic selenium yeast, which contribute to the health and performance of animals.

The organic selenium yeast for animal feed market forecast can help stakeholders plan their growth strategies. Alltech Inc, Cargill Incorporated, Lallemand Inc, AngelYeast Co Ltd, Adisseo, Cypress Systems Inc, ForagePlus Ltd, Misma, and Phileo by Lesaffre are among the prominent players profiled in the organic selenium yeast for animal feed market report. These market players are focusing on providing high-quality products to fulfill customer demand. They are also adopting strategies such as new product launches, capacity expansions, partnerships, and collaborations to stay competitive in the market.  

The organic selenium yeast for animal feed market is segmented on the basis of livestock and geography. Based on livestock, the market is segmented into poultry, ruminants, swine, aquaculture, pets, and others. The geographic scope of the organic selenium yeast for animal feed market report focuses on North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The North America market is further segmented into the US, Canada, and Mexico. The market in Europe is subsegmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. The Asia Pacific market is further segmented into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The organic selenium yeast for animal feed market in the Middle East & Africa is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The market in South & Central America is further segmented into Brazil, Argentina, and the Rest of South & Central America.

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