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Selenium Yeast Market Share

Report ID: GMI4457
Published Date: Feb 2023
Report Format: PDF

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Selenium Yeast Market Share

Prominent participants operating across the selenium yeast market include

Angel Yeast
Cypress Systems Inc.
Biorigin
Johncan Bio
Miro Chembiotech
Garuda
Aleris
Pharma Nord
Selko
ADM
Novus
Lallemand
Lesaffre
ABF
Alltech

These companies are focusing on mergers and acquisitions, new product launches, and business expansions to strengthen their presence and increase their customer base in the industry.

For instance, in June 2020, Lesaffre acquired a major stake in Biohymn Biotechnology, a China-based producer of yeast and yeast extracts. This acquisition was intended to enable the company to boost its product portfolio and reinforce its footprint in China and the global market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The industry size of selenium yeast was reached USD 235 million in 2022 and is set to depict over 2.5% CAGR through 2023-2032, on account of the rising incidence of chronic diseases.

The animal feed application segment is slated to expand at 2% CAGR through 2032, considering the mounting import of livestock commodities.

The market value for selenium yeast in APAC will cross USD 120 million by 2032, led by the escalating funding programs to enhance livestock value chains.

Key players operating in the market include Angel Yeast, Cypress Systems Inc., Biorigin, Johncan Bio, Miro Chembiotech, Garuda, Aleris, Pharma Nord, Selko, ADM, Novus, Lallemand, Lesaffre, ABF, and Alltech.