Europe Organic Selenium Yeast for Feed Market Forecast to 2031 - Regional Analysis - by Livestock (Poultry, Ruminants, Swine, Aquaculture, Pets, and Others)

Description

List of Tables

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.

Product Code: BMIRE00031083

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