Europe Organic Selenium Yeast for Feed Market Forecast to 2031 – Regional Analysis – by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets, and Others)
The Europe organic selenium yeast for feed market was valued at US$ 838.32 thousand in 2023 and is expected to reach US$ 1,186.55 thousand by 2031; it is estimated to register a CAGR of 4.4% from 2023 to 2031.
Growth of Animal Feed Industry Fuels Europe Organic Selenium Yeast for Feed Market
The rising livestock production and growing demand for meat and other animal-based goods drive the demand for animal feed. The Food Agriculture Organization (FAO) projects that animal protein production will increase by 1.7% (roughly) yearly. The International Feed Industry Federation's Annual Report 2020–2021 states that compound animal feed production surpassed one billion tons annually in 2020. Worldwide, the annual production of commercial animal feed is valued at over US$ 400 billion. Furthermore, global feed volume rose by 1% to about 1.2 billion tons. These stats show the significant growth of the animal feed industry.
The increasing demand for meat-based and dairy products has significantly transformed industrial livestock production. Livestock products account for 16% of energy and 34% of the protein in human diets. Moreover, livestock production accounts for ~19% of the food production and 30% of the global agriculture outcome in terms of value. Changing food preferences and lifestyles, increasing urbanization, growing disposable income, and the rapidly rising world population contribute to the elevated demand for livestock. Thus, the growing livestock population globally boosts the growth of the animal feed industry.
Enhancing the selenium content of animals' diets boosts the productivity of their egg, meat, and milk production. More significantly, it raises these products' nutritional content and quality. Thus, with growing awareness, livestock owners are significantly using animal feed enriched with organic selenium yeast. Thus, the growing livestock population and animal feed industry drive the organic selenium yeast for animal feed market growth.
Europe Organic Selenium Yeast for Feed Market Overview
The Rest of Europe consists of Russia, Poland, the Netherlands, Greece, Bulgaria, Norway, Belgium, and other countries. Rising animal feed production and growing commercial livestock farming in these countries boost the market growth. Russia is the second leading animal feed-producing country in Europe. Rising industrialization of meat production and increasing livestock in the country are favoring the organic selenium yeast market growth in Russia as the demand for mineral enriched feed is high in the country.
According to the European Feed Manufacturers' Federation (FEFAC), Bulgaria was the best-performing country in compound feed production, with an annual growth of 5.8% for the total compound feed production, boosted equally by the demand for cattle and poultry compound feed. Other countries in the Rest of Europe witness a rise in demand for quality feed. The high animal feed production propels the demand for organic selenium yeast in these countries.
Europe Organic Selenium Yeast for Feed Market Revenue and Forecast to 2031 (US$ Thousand)
Europe Organic Selenium Yeast for Feed Market Segmentation
The Europe organic selenium yeast for feed market is categorized into livestock and country.
By livestock, the Europe organic selenium yeast for feed market is segmented into poultry, ruminants, swine, aquaculture, pets, and others. The poultry segment held the largest share of the Europe organic selenium yeast for feed market share in 2023.
Based on country, the Europe organic selenium yeast for feed market is segmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. The Rest of Europe held the largest share of Europe organic selenium yeast for feed market in 2023.
Adisseo; Alltech Inc; AngelYeast Co., Ltd.; Cargill, Incorporated; Forageplus Ltd; LALLEMAND, INC.; Misma; and Phileo by Lesaffre are some of the leading companies operating in the Europe organic selenium yeast for feed market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Europe Organic Selenium Yeast for Feed Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturing Process
4.3.3 Distributors or Suppliers
4.3.4 End-Use Industry
4.4 List of Vendors
5. Europe Organic Selenium Yeast for Feed Market – Key Market Dynamics
5.1 Europe Organic Selenium Yeast for Feed Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Rising Awareness Regarding Benefits of Organic Selenium Yeast for Animal Nutrition
5.2.2 Growth of Animal Feed Industry
5.3 Market Restraints
5.3.1 Development of Other Effective Sources of Organic Selenium
5.4 Market Opportunities
5.4.1 Preference for Natural Ingredients Over Synthetic
5.5 Future Trends
5.5.1 Rising Adoption of Pet Food Fortified with Organic Selenium Yeast
5.6 Impact of Drivers and Restraints:
6. Organic Selenium Yeast for Feed Market – Europe Analysis
6.1 Overview
6.2 Europe Organic Selenium Yeast for Feed Market Volume (Tons), 2021–2031
6.3 Europe Organic Selenium Yeast for Feed Market Volume Forecast and Analysis (Tons)
6.4 Europe Organic Selenium Yeast for Feed Market Revenue (US$ Thousand), 2021–2031
6.5 Europe Organic Selenium Yeast for Feed Market Forecast and Analysis (US$ Thousand)
7. Europe Organic Selenium Yeast for Feed Market Volume and Revenue Analysis – by Livestock
7.1 Poultry
7.1.1 Overview
7.1.2 Poultry: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.1.3 Poultry: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.2 Ruminants
7.2.1 Overview
7.2.2 Ruminants: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.2.3 Ruminants: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.3 Swine
7.3.1 Overview
7.3.2 Swine: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.3.3 Swine: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.4 Aquaculture
7.4.1 Overview
7.4.2 Aquaculture: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.4.3 Aquaculture: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.5 Pets
7.5.1 Overview
7.5.2 Pets: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.5.3 Pets: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
7.6 Others
7.6.1 Overview
7.6.2 Others: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
7.6.3 Others: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8. Europe Organic Selenium Yeast for Feed Market – Country Analysis
8.1.1 Europe Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.1.1.1 Europe Organic Selenium Yeast for Feed Market Volume and Forecast and Analysis – by Country
8.1.1.2 Europe Organic Selenium Yeast for Feed Market Revenue and Forecast and Analysis – by Country
8.1.1.3 Germany Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.1.1.3.1 Germany Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.1.1.4 France Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.1.1.4.1 France Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.1.1.5 Italy Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.1.1.5.1 Italy Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.1.1.6 United Kingdom Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.1.1.6.1 United Kingdom Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.1.1.7 Spain Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.1.1.7.1 Spain Organic Selenium Yeast for Feed Market Breakdown by Livestock
8.1.1.8 Rest of Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
8.1.1.8.1 Rest of Europe Organic Selenium Yeast for Feed Market Breakdown by Livestock
9. Competitive Landscape
9.1 Company Positioning & Concentration
9.2 Heat Map Analysis By Key Players
10. Industry Landscape
10.1 Overview
10.2 Expansions
10.3 Product Launches and Product News
11. Company Profiles
11.1 Alltech Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 AngelYeast Co., Ltd.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 LALLEMAND, INC.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Cargill, Incorporated
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Adisseo
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Forageplus Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Misma
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Phileo by Lesaffre
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
12. Appendix
12.1 About The Insight Partners
List of Tables
Table 1. Europe Organic Selenium Yeast for Feed Market Segmentation
Table 2. List of Vendors
Table 3. Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Table 4. Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Table 5. Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 6. Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 7. Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Country
Table 8. Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Country
Table 9. Germany Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 10. Germany Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 11. France Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 12. France Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 13. Italy Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 14. Italy Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 15. United Kingdom Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 16. United Kingdom Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 17. Spain Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 18. Spain Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
Table 19. Rest of Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons) – by Livestock
Table 20. Rest of Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand) – by Livestock
List of Figures
Figure 1. Europe Organic Selenium Yeast for Feed Market Segmentation, by Country
Figure 2. Porter's Five Forces Analysis: Organic Selenium Yeast for Animal Feed Market
Figure 3. Ecosystem: Organic Selenium Yeast For Animal Feed Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Europe Organic Selenium Yeast for Feed Market Volume (Tons), 2021–2031
Figure 6. Europe Organic Selenium Yeast for Feed Market Revenue (US$ Thousand), 2021–2031
Figure 7. Europe Organic Selenium Yeast for Feed Market Share (%) – Livestock, 2023 and 2031
Figure 8. Poultry: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 9. Poultry: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 10. Ruminants: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 11. Ruminants: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 12. Swine: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 13. Swine: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 14. Aquaculture: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 15. Aquaculture: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 16. Pets: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 17. Pets: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 18. Others: Europe Organic Selenium Yeast for Feed Market – Volume and Forecast to 2031 (Tons)
Figure 19. Others: Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 20. Europe Organic Selenium Yeast for Feed Market, by Key Countries- Revenue (2023) US$ Thousand
Figure 21. Europe Organic Selenium Yeast for Feed Market by Key Countries – Revenue (2023) US$ Thousand
Figure 22. Europe Organic Selenium Yeast for Feed Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 23. Germany Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 24. France Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 25. Italy Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 26. United Kingdom Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 27. Spain Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 28. Rest of Europe Organic Selenium Yeast for Feed Market – Revenue and Forecast to 2031 (US$ Thousand)
Figure 29. Company Positioning & Concentration
Figure 30. Heat Map Analysis By Key Players
- Adisseo
- Alltech Inc
- AngelYeast Co., Ltd.
- Cargill, Incorporated
- Forageplus Ltd
- LALLEMAND, INC.
- Misma
- Phileo by Lesaffre
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe organic selenium yeast for feed market.
- Highlights key business priorities to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe organic selenium yeast for feed market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe organic selenium yeast for feed market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.