Home > Animal Health & Nutrition > Feed Additives > Selenium Yeast Market
Selenium Yeast Market size valued at USD 235 million in 2022 and is anticipated to exhibit a CAGR of 2.5% between 2023 and 2032, given the rising incidence of chronic diseases worldwide.
Selenium has gained popularity as a key ingredient in foods and beverages since it can boost the activity of white blood cells that fight diseases and infections. The intake of selenium yeast is also associated with cancer prevention, cholesterol reduction, and treatment of conditions such as Hashimoto’s thyroiditis. Based on data from the National Association of Chronic Disease Directors, over two-thirds of deaths in the U.S. are caused by chronic conditions. The growing burden of chronic diseases will thus encourage the adoption of nutrient-rich ingredients, such as selenium yeast extract, in functional foods and beverages.
Report Attribute | Details |
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Base Year: | 2022 |
Selenium Yeast Market Size in 2022: | USD 235 Million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 2.9% |
2032 Value Projection: | USD 315 Million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 160 |
Tables, Charts & Figures: | 182 |
Segments covered: | Application, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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The adoption of sodium selenite and other inorganic selenium can lead to low utilization rates and environmental pollution. Yeast-derived selenium, with high organic selenium content, bioavailability, and safety has emerged as a critical raw material for feed additives. The escalating consumption of high-protein animal feed and nutrition solutions will therefore proliferate selenium yeast usage. However, the limited availability of raw materials and the toxicity associated with product intake surpassing safe levels may hinder the industry expansion.