The organic selenium yeast for animal feed market size is projected to reach US$ 6.46 million by 2031 from US$ 4.26 million in 2023. The market is expected to register a CAGR of 5.3% during 2023–2031. The rising adoption of pet food fortified with organic selenium yeast is likely to bring new trends to the market.
Organic Selenium Yeast for Animal Feed Market Analysis
The increasing demand for meat-based and dairy products has significantly transformed industrial livestock production. Livestock products account for 16% of energy and 34% of the protein in human diets. Moreover, livestock production accounts for ~19% of the food production and 30% of the global agriculture outcome in terms of value. Changing food preferences and lifestyles, increasing urbanization, growing disposable income, and the rapidly rising world population contribute to the elevated demand for livestock. The growing livestock population worldwide boosts the growth of the animal feed industry, which fuels the market growth.
Enhancing the selenium content of animals' diets boosts the productivity of their egg, meat, and milk production. More significantly, it raises these products' nutritional content and quality. Thus, with growing awareness regarding the benefits of organic selenium yeast, livestock owners are significantly using animal feed enriched with organic selenium yeast. Further, the preference for natural ingredients in animal feed due to their nontoxic and pesticide-free nature is projected to provide significant growth opportunities to the organic selenium yeast for animal feed market during the forecast period.
Organic Selenium Yeast for Animal Feed Market Overview
Selenium is one of the important trace minerals for livestock animals and pets. It helps improve the reproduction and overall performance of animals. Strict quality control, specific process development, and proper yeast strain selection are necessary for producing concentrated, high-quality selenium yeast. Approximately 100 distinct organic selenium compounds can be produced from a considerable amount of inorganic selenium by properly selected yeast strains. The addition of a suitable dose of selenium at the appropriate time is critical. If the added dose exceeds the limit, the yeast will not be able to grow to its full potential. After the yeast has reached its optimal growth, it is carefully cleaned and harvested by centrifugation, and the selenium-enriched yeast cream is further processed to inactivate the yeast cells and finally dried in a drum dryer. Organic selenium yeast enables significant supply of selenium which improve egg production in poultry, supports metabolism and reproduction, improve meat quality, and enhance eggshell quality. Increasing organic selenium yeast among animal feed manufacturers and livestock breeders due to the rising awareness of its benefits is significantly driving the market.
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Organic Selenium Yeast for Animal Feed Market: Strategic Insights
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Organic Selenium Yeast for Animal Feed Market: Strategic Insights
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Organic Selenium Yeast for Animal Feed Market Drivers and Opportunities
Growth of the Animal Feed Industry
The rising livestock production and growing demand for meat and other animal-based goods drive the demand for animal feed. The Food Agriculture Organization (FAO) projects that animal protein production will increase by 1.7% (roughly) yearly. The International Feed Industry Federation's Annual Report 2020–2021 states that compound animal feed production surpassed one billion tons annually in 2020. Worldwide, the annual production of commercial animal feed is valued at over US$ 400 billion. Furthermore, global feed volume rose by 1% to about 1.2 billion tons. These stats show the significant growth of the animal feed industry. Thus, the growth of the animal feed industry drives the demand for feed additives, including organic selenium yeast, which boosts the organic selenium yeast for animal feed market.
Preference for Natural Ingredients Over Synthetic
Livestock farmers and pet owners seek proper nutrition for their animals to enhance their performance and productivity and fulfill their nutritional requirements. With rising awareness about clean-label animal nutrition products, livestock farmers and pet owners check the nutrients and ingredients included in supplements to ensure that the animals receive the most appropriate and beneficial nutrients. They search for products free of artificial additives, preservatives, and fillers. The increasing inclination toward a healthy diet and growing awareness regarding the benefits of natural ingredients in animals has upsurged the demand for animal feed infused with natural and organic nutrients.
The livestock animals who consume organically made food offer meat that has high nutritional value. Organic milk and meat are rich in various nutrients such as enzymes, bioflavonoids, and antioxidants. Hence, health-conscious consumers prefer organic meat over conventional as it does not contain pesticides. Due to the rising demand for organic meat and dairy products, the poultry sector, livestock farms, and animal husbandry have focused on purchasing high-quality organic feed products to supply organic meat to consumers. Thus, animal feed manufacturers are fortifying feed with organic nutrients to cater to the growing demand. Therefore, the preference for natural and organic ingredients over synthetic in animal feed is expected to create a huge opportunity for the market growth during the forecast period.
Organic Selenium Yeast for Animal Feed Market Report Segmentation Analysis
Key segment that contributed to the derivation of the organic selenium yeast for animal feed market analysis is livestock.
- Based on livestock, the organic selenium yeast for animal feed market is segmented into poultry, ruminants, swine, aquaculture, pets, and others. In 2023, the poultry segment held the largest market share.
Organic Selenium Yeast for Animal Feed Market Share Analysis by Geography
The geographic scope of the organic selenium yeast for animal feed market report is mainly divided into five regions: North America, Asia Pacific, Europe, the Middle East & Africa, and South & Central America.
Asia Pacific held a significant market share in 2023, followed by North America and Europe.
North America is one of the significant markets for organic selenium yeast for animal feed due to the increased demand for nutrient-enriched animal feed and pet food, as well as the rising consumption of livestock products. The rise in the number of individuals opting for protein-rich and healthier products boosts the livestock industry’s growth. Thus, with the growing consumption of meat products, the requirement for animal feed increases, which further drives the market for organic selenium yeast for animal feed. As, the organic selenium yeast aids the reproductive health of animals. The selenium deficiency in various animal species suppresses immunity, impacts hoof health, and can cause respiratory disease in animals. According to the Alltech report, North America is the world’s largest beef feed producer, accounting for 57% of the world’s beef feed production, which is ~118.2 metric ton.
Organic Selenium Yeast for Animal Feed Market Report Scope
Organic Selenium Yeast for Animal Feed Market News and Recent Developments
The organic selenium yeast for animal feed market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the key recent developments in the organic selenium yeast for animal feed market are mentioned below:
- Lallemand Inc announced a strategic decision for its organic yeast selenium production plant in the UK. This strategic decision involves adopting sustainable practices in the production process to optimize production costs and reduce environmental footprint. (Source: Lallemand Inc, Company Website, May 2024)
- Cypress Systems, Inc received Generally Recognized as Safe (GRAS) for its organically bound, natural food form of selenium yeast, SelenoExcell—the first such notification for a selenium source for use in infant formula for healthy, full-term infants. (Cypress Systems Inc, Company Website, October 2023)
Organic Selenium Yeast for Animal Feed Market Report Coverage and Deliverables
The "Organic Selenium Yeast for Animal Feed Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Organic selenium yeast for animal feed market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Organic selenium yeast for animal feed market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter's Five Forces and SWOT analysis
- Organic selenium yeast for animal feed market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the organic selenium yeast for animal feed market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
Alltech Inc, Cargill Incorporated, Lallemand Inc, AngelYeast Co Ltd, Adisseo, Cypress Systems Inc, ForagePlus Ltd, Misma, and Phileo by Lesaffre are a few of the key players operating in the market.
The market size is projected to reach US$ 6.46 million by 2031.
Asia Pacific accounted for the largest share of the market in 2023.
The rising adoption of pet food fortified with organic selenium yeast is likely to emerge as a key trend in the market in the future.
Rising awareness of the benefits of organic selenium yeast for animal feed, along with the significant growth of the animal feed industry, are major factors contributing to the market growth.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Organic Selenium Yeast for Feed Market Landscape
4.1 Market Overview
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Distributors or Suppliers
4.3.4 End-Use Industry
4.4 List of Vendors
5. Organic Selenium Yeast for Feed Market – Key Market Dynamics
5.1 Organic Selenium Yeast for Feed Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Awareness Regarding Benefits of Organic Selenium Yeast for Animal Nutrition
5.2.2 Growth of Animal Feed Industry
5.3 Market Restraints
5.3.1 Development of Other Effective Sources of Organic Selenium
5.4 Market Opportunities
5.4.1 Preference for Natural Ingredients Over Synthetic
5.5 Future Trends
5.5.1 Rising Adoption of Pet Food Fortified with Organic Selenium Yeast
5.6 Impact of Drivers and Restraints:
6. Organic Selenium Yeast for Feed Market – Global Market Analysis
6.1 Organic Selenium Yeast for Feed Market Volume (Tons), 2021–2031
6.2 Organic Selenium Yeast for Feed Market Volume Forecast and Analysis (Tons)
6.3 Organic Selenium Yeast for Feed Market Revenue (US$ Thousand), 2021–2031
6.4 Organic Selenium Yeast for Feed Market Forecast and Analysis (US$ Thousand)
7. Organic Selenium Yeast for Feed Market Volume and Revenue Analysis – by Livestock
7.1 Poultry
7.1.1 Overview
7.1.2 Poultry: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.1.3 Poultry: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.2 Ruminants
7.2.1 Overview
7.2.2 Ruminants: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.2.3 Ruminants: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.3 Swine
7.3.1 Overview
7.3.2 Swine: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.3.3 Swine: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.4 Aquaculture
7.4.1 Overview
7.4.2 Aquaculture: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.4.3 Aquaculture: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.5 Pets
7.5.1 Overview
7.5.2 Pets: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.5.3 Pets: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.6 Others
7.6.1 Overview
7.6.2 Others: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.6.3 Others: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8. Organic Selenium Yeast for Feed Market – Geographical Analysis
8.1 Overview
8.2 North America
8.2.1 North America Organic Selenium Yeast for Feed Market Overview
8.2.2 North America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
8.2.3 North America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.2.4 North America Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.2.4.1 North America Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Livestock
8.2.4.2 North America Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Livestock
8.2.5 North America Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.2.5.1 North America Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Country
8.2.5.2 North America Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.2.5.3 United States Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.2.5.3.1 United States Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.2.5.4 Canada Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.2.5.4.1 Canada Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.2.5.5 Mexico Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.2.5.5.1 Mexico Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.3 Europe
8.3.1 Europe Organic Selenium Yeast for Feed Market Overview
8.3.2 Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
8.3.3 Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.3.4 Europe Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.3.4.1 Europe Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Livestock
8.3.4.2 Europe Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Livestock
8.3.5 Europe Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.3.5.1 Europe Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Country
8.3.5.2 Europe Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.3.5.3 Germany Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.3.5.3.1 Germany Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.3.5.4 France Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.3.5.4.1 France Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.3.5.5 Italy Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.3.5.5.1 Italy Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.3.5.6 United Kingdom Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.3.5.6.1 United Kingdom Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.3.5.7 Spain Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.3.5.7.1 Spain Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.3.5.8 Rest of Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.3.5.8.1 Rest of Europe Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.4 Asia Pacific
8.4.1 Asia Pacific Organic Selenium Yeast for Feed Market Overview
8.4.2 Asia Pacific Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
8.4.3 Asia Pacific Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.4.4 Asia Pacific Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.4.4.1 Asia Pacific Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Livestock
8.4.4.2 Asia Pacific Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Livestock
8.4.5 Asia Pacific Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.4.5.1 Asia Pacific Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Country
8.4.5.2 Asia Pacific Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.4.5.3 China Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.4.5.3.1 China Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.4.5.4 Japan Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.4.5.4.1 Japan Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.4.5.5 India Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.4.5.5.1 India Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.4.5.6 Australia Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.4.5.6.1 Australia Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.4.5.7 South Korea Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.4.5.7.1 South Korea Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.4.5.8 Rest of APAC Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.4.5.8.1 Rest of APAC Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.5 Middle East and Africa
8.5.1 Middle East and Africa Organic Selenium Yeast for Feed Market Overview
8.5.2 Middle East and Africa Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
8.5.3 Middle East and Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.5.4 Middle East and Africa Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.5.4.1 Middle East and Africa Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Livestock
8.5.4.2 Middle East and Africa Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Livestock
8.5.5 Middle East and Africa Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.5.5.1 Middle East and Africa Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Country
8.5.5.2 Middle East and Africa Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.5.5.3 South Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.5.5.3.1 South Africa Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.5.5.4 Saudi Arabia Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.5.5.4.1 Saudi Arabia Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.5.5.5 United Arab Emirates Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.5.5.5.1 United Arab Emirates Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.5.5.6 Rest of Middle East and Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.5.5.6.1 Rest of Middle East and Africa Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.6 South and Central America
8.6.1 South and Central America Organic Selenium Yeast for Feed Market Overview
8.6.2 South and Central America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
8.6.3 South and Central America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.6.4 South and Central America Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.6.4.1 South and Central America Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Livestock
8.6.4.2 South and Central America Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Livestock
8.6.5 South and Central America Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.6.5.1 South and Central America Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Country
8.6.5.2 South and Central America Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.6.5.3 Brazil Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.6.5.3.1 Brazil Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.6.5.4 Argentina Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.6.5.4.1 Argentina Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.6.5.5 Rest of South and Central America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.6.5.5.1 Rest of South and Central America Organic Selenium Yeast for Feed Market Breakdown by Livestock
9. Competitive Landscape
9.1 Company Positioning & Concentration
9.2 Heat Map Analysis By Key Players
10. Industry Landscape
10.1 Overview
10.2 Expansions
10.3 Product Launches and Product News
11. Company Profiles
11.1 Alltech Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 AngelYeast Co., Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 LALLEMAND, INC.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Cargill, Incorporated
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Adisseo
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Cypress Systems, Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Forageplus Ltd
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Misma
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Phileo by Lesaffre
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Shanghai Debon Xinsheng Bio-Tech Co., Ltd.
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
List of Tables
Table 1. Organic Selenium Yeast for Feed Market Segmentation
Table 2. List of Vendors
Table 3. Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Table 4. Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Table 5. Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 6. Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 7. North America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 8. North America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 9. North America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Country
Table 10. North America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Country
Table 11. United States Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 12. United States Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 13. Canada Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 14. Canada Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 15. Mexico Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 16. Mexico Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 17. Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 18. Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 19. Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Country
Table 20. Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Country
Table 21. Germany Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 22. Germany Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 23. France Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 24. France Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 25. Italy Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 26. Italy Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 27. United Kingdom Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 28. United Kingdom Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 29. Spain Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 30. Spain Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 31. Rest of Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 32. Rest of Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 33. Asia Pacific Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 34. Asia Pacific Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 35. Asia Pacific Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Country
Table 36. Asia Pacific Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Country
Table 37. China Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 38. China Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 39. Japan Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 40. Japan Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 41. India Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 42. India Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 43. Australia Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 44. Australia Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 45. South Korea Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 46. South Korea Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 47. Rest of APAC Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 48. Rest of APAC Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 49. Middle East and Africa Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 50. Middle East and Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 51. Middle East and Africa Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Country
Table 52. Middle East and Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Country
Table 53. South Africa Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 54. South Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 55. Saudi Arabia Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 56. Saudi Arabia Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 57. United Arab Emirates Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 58. United Arab Emirates Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 59. Rest of Middle East and Africa Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 60. Rest of Middle East and Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 61. South and Central America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 62. South and Central America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 63. South and Central America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Country
Table 64. South and Central America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Country
Table 65. Brazil Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 66. Brazil Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 67. Argentina Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 68. Argentina Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 69. Rest of South and Central America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 70. Rest of South and Central America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
List of Figures
Figure 1. Organic Selenium Yeast for Feed Market Segmentation, by Geography
Figure 2. Porter's Five Forces Analysis: Organic Selenium Yeast for Animal Feed Market
Figure 3. Ecosystem: Global Organic Selenium Yeast For Animal Feed Market
Figure 4. Number of US Households that Own Pets, by Animal Type
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. Organic Selenium Yeast for Feed Market Volume (Tons), 2021–2031
Figure 7. Organic Selenium Yeast for Feed Market Revenue (US$ Thousand), 2021–2031
Figure 8. Organic Selenium Yeast for Feed Market Share (%) – Livestock, 2023 and 2031
Figure 9. Poultry: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 10. Poultry: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 11. Ruminants: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 12. Ruminants: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 13. Swine: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 14. Swine: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 15. Aquaculture: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 16. Aquaculture: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 17. Pets: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 18. Pets: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 19. Others: Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 20. Others: Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 21. Organic Selenium Yeast for Feed Market Breakdown by Region, 2023 and 2031 (%)
Figure 22. North America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 23. North America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 24. North America Organic Selenium Yeast for Feed Market Breakdown by Livestock (2023 and 2031)
Figure 25. North America Organic Selenium Yeast for Feed Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 26. United States Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 27. Canada Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 28. Mexico Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 29. Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 30. Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 31. Europe Organic Selenium Yeast for Feed Market Breakdown by Livestock (2023 and 2031)
Figure 32. Europe Organic Selenium Yeast for Feed Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 33. Germany Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 34. France Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 35. Italy Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 36. United Kingdom Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 37. Spain Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 38. Rest of Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 39. Asia Pacific Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 40. Asia Pacific Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 41. Asia Pacific Organic Selenium Yeast for Feed Market Breakdown by Livestock (2023 and 2031)
Figure 42. Asia Pacific Organic Selenium Yeast for Feed Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 43. China Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 44. Japan Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 45. India Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 46. Australia Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 47. South Korea Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 48. Rest of APAC Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 49. Middle East and Africa Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 50. Middle East and Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 51. Middle East and Africa Organic Selenium Yeast for Feed Market Breakdown by Livestock (2023 and 2031)
Figure 52. Middle East and Africa Organic Selenium Yeast for Feed Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 53. South Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 54. Saudi Arabia Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 55. United Arab Emirates Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 56. Rest of Middle East and Africa Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 57. South and Central America Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 58. South and Central America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 59. South and Central America Organic Selenium Yeast for Feed Market Breakdown by Livestock (2023 and 2031)
Figure 60. South and Central America Organic Selenium Yeast for Feed Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 61. Brazil Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 62. Argentina Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 63. Rest of South and Central America Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 64. Company Positioning & Concentration
Figure 65. Heat Map Analysis By Key Players
The List of Companies - Organic Selenium Yeast for Animal Feed Market
- Alltech Inc
- Cargill Incorporated
- Lallemand Inc
- AngelYeast Co Ltd
- Adisseo
- Cypress Systems Inc
- ForagePlus Ltd
- Misma
- Phileo by Lesaffre
- Phibro Animal Health Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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