Report : Middle East & Africa Organic Selenium Yeast for Feed Market Forecast to 2031 – Regional Analysis – by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets, and Others)
At 3.9% CAGR, Middle East & Africa Organic Selenium Yeast for Feed Market is Projected to be Worth US$ 392.50 Thousand by 2031, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa organic selenium yeast for feed market was valued at US$ 289.22 thousand in 2023 and is expected to reach US$ 392.50 thousand by 2031, registering a CAGR of 3.9% from 2023 to 2031. Rising adoption of pet food fortified with organic selenium yeast and growth of animal feed industry are among the critical factors attributed to drive the Middle East & Africa organic selenium yeast for feed market growth.
Animals need selenium as a trace mineral. It functions as a potent antioxidant essential for growth, metabolism, healthy reproduction, and the body's defense mechanisms. Additionally, it strengthens an animal's immune system. Immune system security naturally improves performance because it requires less animal energy to combat sickness. In Poultry, selenium supplements support breeder fertility and optimize egg and meat quality. The animals who consume feed and food made from organic ingredients and additives offer meat that has high nutritional value. Hence, preference towards organic selenium over synthetic is high as it does not contain pesticides. Organic selenium yeast also supports selenium retention in muscle and tissue and boosts the reproductive performance of swine. Organic selenium supplementation in fish is linked to high length and weight gain, improved growth, and optimized immune performance. Thus, owing to such benefits, various animal feed manufacturers are fortifying feed with organic selenium yeast to improve the feed quality. The feed fortification with various organic minerals is linked to improved animal health and welfare. The high prevalence of micronutrient deficiency diseases among animals boosts the demand for fortified feed, resulting in an increase in the adoption of organic minerals such as organic selenium yeast. Thus, the benefits associated with organic selenium yeast for animal nutrition drive the organic selenium yeast for animal feed market growth.
On the contrary, development of other effective sources of organic selenium hampers the growth of Middle East & Africa organic selenium yeast for feed market.
By livestock, the Middle East & Africa organic selenium yeast for feed market is segmented into poultry, ruminants, swine, aquaculture, pets, and others. The poultry segment held 46.5% share of Middle East & Africa organic selenium yeast for feed market share in 2023, amassing US$ 134.36 thousand. It is projected to garner US$ 170.59 thousand by 2031 to register 3.0% CAGR during 2023–2031.
Based on country, the Middle East & Africa organic selenium yeast for feed market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 67.1% share of Middle East & Africa organic selenium yeast for feed market in 2023. It was assessed at US$ 194.04 thousand in 2023 and is likely to hit US$ 259.44 thousand by 2031, registering a CAGR of 3.7% during 2023–2031.
Key players operating in the Middle East & Africa organic selenium yeast for feed market are Adisseo; Alltech Inc; AngelYeast Co., Ltd.; Cargill, Incorporated; LALLEMAND, INC.; and Phileo by Lesaffre, among others.
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