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.
Market Analysis and Insights: Global High Selenium Yeast Market
Due to the COVID-19 pandemic, the global High Selenium Yeast market size is estimated to be worth US$ 332.1 million in 2021 and is forecast to a readjusted size of US$ 332.1 million by 2028 with a CAGR of 2.4% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the High Selenium Yeast global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
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.
Global High Selenium Yeast Scope and Market Size
The global High Selenium Yeast market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global High Selenium Yeast market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Food Grade
Feed Grade
Segment by Application
Functional Food
Feed Industry
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Alltech
Lesaffre
Angel
Lallemand
Novus International
Cypress Systems
Diamond V
Biorigin
Tianxiangyuan
Prince Agri Products