Selenium Yeast Market Growth Factors, Revenue Analysis, 2023–2032

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Selenium Yeast Market Size to Cross USD 315 Mn by
2032
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Overview of Selenium Yeast Market

• The selenium yeast market is estimated to cross
  USD 315 million by 2032, as reported in a
  research study by Global Market Insights Inc.
• The report reveals that the increasing
  consumption of dairy products will be a prominent
  driver for selenium yeast demand. As per
  statistics from the International Dairy Deli
  Bakery Association, in June 2022, dairy category
  sales reached close to USD 5.1 billion, a 16.3
  rise Y-o-Y. Yeast-derived selenium is also
  showing promising results in promoting gut
  health, improving rumen function, and boosting
  immunity during heat stress, thus alleviating the
  negative health implications among dairy cows.
  The growing intake of meat and dairy products
  will therefore strengthen the industry outlook.
• The selenium yeast market from functional food
  application segment is set to witness to grow at
  3 CAGR through 2032. Selenium is used as an
  essential trace mineral source in dietary
  supplements since it produces proteins that can
  enhance cell function. Selenium supplements can
  also boost immune function, improve nail and hair
  growth, and support a healthy thyroid. With the
  escalating consumption of dietary supplements due
  to high health concerns and changing consumer
  dietary routines, the adoption of selenium yeast
  protein in functional foods will rise globally.

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• Europe selenium yeast market is expected to reach
  USD 65 million by 2032, on account of the steady
  increase in livestock farming and cattle
  population. As per statistics from Agri Farming,
  Germany has the largest herd of dairy cattle in
  the European Union, with approximately 4.2
  million dairy cows and over 0.7 million lactating
  cows. Furthermore, with the mounting intake of
  milk and milk-based products including cheese,
  selenium yeast is likely to gain traction as a
  solution to improve animal nutrition.
• For instance, in February 2022, Phileo Lesaffre
  invested in a manufacturing facility in
  Valladolid, Spain, to produce a yeast product
  rich in organic selenium under the brand name
  Selsaf. This initiative enabled the company to
  expand its consumer base and establish a strong
  presence across the industry.
• Prominent industry players include in the
  selenium yeast market Angel Yeast, Cypress
  Systems Inc., Biorigin, Johncan Bio, Miro
  Chembiotech, Garuda, Aleris, Pharma Nord, Selko,
  ADM, Novus, Lallemand, Lesaffre, and Alltech.
  These companies are focusing on strategic
  investments to drive their business offerings and
  footprints across the market.

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Market _at_ https//bit.ly/41K64j0 Request for a
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