Middle East & Africa Organic Selenium Yeast for Feed Market

Historic Data: 2021-2022   |   Base Year: 2023   |   Forecast Period: 2024-2031

Analysis – by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets, and Others)

No. of Pages: 150
Report Code: BMIRE00031086
Category: Food and Beverages
Middle East & Africa Organic Selenium Yeast for Feed Market
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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; it is estimated to register a CAGR of 3.9% from 2023 to 2031.

Rising Adoption of Pet Food Fortified with Organic Selenium Yeast Bolsters Middle East & Africa Organic Selenium Yeast for Feed Market

Selenium acts as an antioxidant inside the body of a pet. One way to ensure adequate selenium in pet food is to add it in the selenium yeast form. Selenium yeast supports immunological response, cellular regeneration, and vital metabolism in pets. The blood can absorb selenium yeast, which is then stored in cells for use in stressful situations. Due to such benefits to pet health, manufacturers are fortifying pet food with organic selenium yeast. Additionally, many animal nutritionists and veterinary practitioners have been recommending using selenium-fortified pet food due to its mentioned benefits. Pet owners across the world have been spending leniently on pet food, pet care, and other pet products to ensure their optimal health and fulfill the nutritional requirements of pets.

Pet humanization across the world is increasing due to the media coverage of celebrities and their furry friends and emerging pet-loving culture. The population of dogs, cats, birds, and other pet animals is rising. Factors such as aging population and lonely persons who adopt pets to fill the void drive pet adoption. The adoption of pet food fortified with various nutrients, including organic selenium yeast, is expected to increase in the coming years.

Middle East & Africa Organic Selenium Yeast for Feed Market Overview

The Rest of Middle East & Africa organic selenium yeast for animal feed market consists of Kuwait, Nigeria, Israel, Iran, Qatar, Egypt, and others. As per the Alltech Global 2021, Nigeria, Egypt, Morocco, and Algeria produce 75% of animal feed in the region. Also, consumers in these countries adopt quality meat and are health conscious. The quality of meat depends on the health and nutritional requirements of livestock animals. Thus, animal feed manufacturers are using various nutrients such as protein, vitamins, and minerals in animal feed to fulfill the nutrient deficiencies in animals by feed fortification. These factors boost the demand for organic selenium yeast and are expected to drive the organic selenium yeast for animal feed market growth in the region.

Middle East & Africa Organic Selenium Yeast for Feed Market Revenue and Forecast to 2031 (US$ Thousand)

Middle East & Africa Organic Selenium Yeast for Feed Market Revenue and Forecast to 2031 (US$ Thousand)

Middle East & Africa Organic Selenium Yeast for Feed Market Segmentation 

The Middle East & Africa organic selenium yeast for feed market is categorized into livestock and country.

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 the largest share of the Middle East & Africa organic selenium yeast for feed market share in 2023.

Based on country, the Middle East & Africa organic selenium yeast for feed market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held the largest share of Middle East & Africa organic selenium yeast for feed market in 2023.

Adisseo; Alltech Inc; AngelYeast Co., Ltd.; Cargill, Incorporated; LALLEMAND, INC.; and Phileo by Lesaffre are the among leading companies operating in the Middle East & Africa organic selenium yeast for feed market.  

Middle East & Africa Organic Selenium Yeast for Feed Market Strategic Insights

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Middle East & Africa Organic Selenium Yeast for Feed Market Segmentation Analysis

Middle East & Africa Organic Selenium Yeast for Feed Market Report Highlights

Middle East & Africa Organic Selenium Yeast for Feed Report Scope

Report Attribute Details
Market size in 2023 US$ 289.22 thousand
Market Size by 2031 US$ 392.50 thousand
CAGR (2023 - 2031) 3.9%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Livestock
  • Poultry
  • Ruminants
  • Swine
  • Aquaculture
  • Pets
Regions and Countries Covered Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Adisseo
  • Alltech Inc
  • AngelYeast Co., Ltd.
  • Cargill, Incorporated
  • LALLEMAND, INC.
  • Phileo by Lesaffre
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Middle East & Africa Organic Selenium Yeast for Feed Market Country and Regional Insights

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The List of Companies - Middle East & Africa Organic Selenium Yeast for Feed Market

  • Adisseo
  • Alltech Inc
  • AngelYeast Co., Ltd.
  • Cargill, Incorporated
  • LALLEMAND, INC.
  • Phileo by Lesaffre
Frequently Asked Questions
How big is the Middle East & Africa Organic Selenium Yeast for Feed Market?

The Middle East & Africa Organic Selenium Yeast for Feed Market is valued at US$ 289.22 thousand in 2023, it is projected to reach US$ 392.50 thousand by 2031.

What is the CAGR for Middle East & Africa Organic Selenium Yeast for Feed Market by (2023 - 2031)?

As per our report Middle East & Africa Organic Selenium Yeast for Feed Market, the market size is valued at US$ 289.22 thousand in 2023, projecting it to reach US$ 392.50 thousand by 2031. This translates to a CAGR of approximately 3.9% during the forecast period.

What segments are covered in this report?

The Middle East & Africa Organic Selenium Yeast for Feed Market report typically cover these key segments-

  • Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets)

What is the historic period, base year, and forecast period taken for Middle East & Africa Organic Selenium Yeast for Feed Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Organic Selenium Yeast for Feed Market report:

  • Historic Period : 2021-2022
  • Base Year : 2023
  • Forecast Period : 2024-2031
  • Who are the major players in Middle East & Africa Organic Selenium Yeast for Feed Market?

    The Middle East & Africa Organic Selenium Yeast for Feed Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Adisseo
  • Alltech Inc
  • AngelYeast Co., Ltd.
  • Cargill, Incorporated
  • LALLEMAND, INC.
  • Phileo by Lesaffre
  • Who should buy this report?

    The Middle East & Africa Organic Selenium Yeast for Feed Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Middle East & Africa Organic Selenium Yeast for Feed Market value chain can benefit from the information contained in a comprehensive market report.

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