Market Overview:
Selenium Methionine is a type of selenium that is found in nature. It can be used as a dietary supplement and also added to animal feed as an additive. Selenium methionine has many benefits for both humans and animals, including boosting the immune system, helping with thyroid function, and preventing cancer. The global selenium methionine market is expected to grow at a CAGR of 5% from 2018 to 2030. Some of the factors driving this growth include the increasing demand for nutritional supplements and rising awareness about the health benefits of selenium methionine.
Product Definition:
Selenium methionine is an organic compound that contains selenium and methionine. Selenium is a trace mineral that is important for human health. Methionine is an amino acid that helps the body to use selenium. Selenium methionine supplements may be used to increase the amount of selenium in the diet.
Powder:
Powder is a form of dry food supplement which has high nutritional value and can be used as an alternative to milk, meat or other sources. It contains selenium, vitamin B12 & choline along with other ingredients such as soybean meal, corn protein and fish oil. The product is gaining popularity among pet owners who are looking for a healthy way to feed their pets.
Capsule:
Capsule is a small package that holds the ingredients of the pharmaceutical drug. It protects active ingredients from light, moisture, and other physical agents. The capsule can be opened only by breaking the shell which releases the contents inside. Capsules are used in many medicines to protect sensitive drugs and increase their shelf life.
The selenium methionine market is expected to grow at a significant rate owing to its increasing demand as an antioxidant for preventing heart diseases.
Application Insights:
The demand for the product in feed additives was valued at USD 5.5 billion in 2017 and is expected to witness significant growth on account of its ability to promote animal health & performance. Feeding selenium-rich diets helps maintain healthy skin, coat, eyes and digestion as well as improves reproductive efficiency. Selenium also helps reduce the risk of cancer by strengthening the immune system against viruses & bacteria that cause cancerous mutations in cells.
In terms of nutritional supplements, it is majorly used for treating nutritional deficiency diseases such as anemia, osteoporosis and cardiovascular diseases among others which are prevalent across various regions including North America, Europe and Asia Pacific among others. The rising geriatric population across all these regions coupled with increasing incidences of deficiency diseases are anticipated to drive demand for nutritional supplements over the forecast period thus contributing towards overall market growth over the next eight years or so.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a major part of global selenium methionine consumption. China, India, Japan, South Korea and Taiwan are some of the major countries that contribute to regional market growth owing to growing population coupled with rising disposable income levels.
The increasing demand for nutritional supplements along with growing health awareness among consumers is one of the key factors driving product demand in Asia Pacific. Increasing meat consumption by developing economies such as China and India has led to an increase in requirements for dietary supplements which will further drive product demand over the forecast period.
Growth Factors:
- Increasing demand for Selenium Methionine from the animal feed industry as a dietary supplement to improve livestock health and productivity.
- Rising awareness about the benefits of Selenium Methionine among consumers, which is likely to boost its demand in the near future.
- Growing use of Selenium Methionine in food fortification as a means to enhance nutritional value and improve public health.
- Proliferation of selenium-enriched foods and supplements in developed countries due to increasing incidence of chronic diseases such as cancer, heart disease, etc., which is expected to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Selenium Methionine Market Research Report
By Type
Powder, Capsule, Others
By Application
Feed Additives, Nutritional Supplements, Others
By Companies
Foodchem International, Shanghai Terppon Chemical, Zhongshan Kejiali Feed Development, Xi'an Lyphar Biotech, Shanghai Ruizheng Chemical Technology, Shaanxi TOP Pharm Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Selenium Methionine Market Report Segments:
The global Selenium Methionine market is segmented on the basis of:
Types
Powder, Capsule, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Feed Additives, Nutritional Supplements, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Foodchem International
- Shanghai Terppon Chemical
- Zhongshan Kejiali Feed Development
- Xi'an Lyphar Biotech
- Shanghai Ruizheng Chemical Technology
- Shaanxi TOP Pharm Chemical
Highlights of The Selenium Methionine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powder
- Capsule
- Others
- By Application:
- Feed Additives
- Nutritional Supplements
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Selenium Methionine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Selenium is an essential mineral that helps the body to produce thyroid hormones. Selenium methionine helps to form these hormones.
Some of the major companies in the selenium methionine market are Foodchem International, Shanghai Terppon Chemical, Zhongshan Kejiali Feed Development, Xi'an Lyphar Biotech, Shanghai Ruizheng Chemical Technology, Shaanxi TOP Pharm Chemical.
The selenium methionine market is expected to grow at a compound annual growth rate of 5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Selenium Methionine Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Selenium Methionine Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Selenium Methionine Market - Supply Chain
4.5. Global Selenium Methionine Market Forecast
4.5.1. Selenium Methionine Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Selenium Methionine Market Size (000 Units) and Y-o-Y Growth
4.5.3. Selenium Methionine Market Absolute $ Opportunity
5. Global Selenium Methionine Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Selenium Methionine Market Size and Volume Forecast by Type
5.3.1. Powder
5.3.2. Capsule
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Selenium Methionine Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Selenium Methionine Market Size and Volume Forecast by Application
6.3.1. Feed Additives
6.3.2. Nutritional Supplements
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Selenium Methionine Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Selenium Methionine Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Selenium Methionine Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Selenium Methionine Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Selenium Methionine Demand Share Forecast, 2019-2026
9. North America Selenium Methionine Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Selenium Methionine Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Selenium Methionine Market Size and Volume Forecast by Application
9.4.1. Feed Additives
9.4.2. Nutritional Supplements
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Selenium Methionine Market Size and Volume Forecast by Type
9.7.1. Powder
9.7.2. Capsule
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Selenium Methionine Demand Share Forecast, 2019-2026
10. Latin America Selenium Methionine Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Selenium Methionine Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Selenium Methionine Market Size and Volume Forecast by Application
10.4.1. Feed Additives
10.4.2. Nutritional Supplements
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Selenium Methionine Market Size and Volume Forecast by Type
10.7.1. Powder
10.7.2. Capsule
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Selenium Methionine Demand Share Forecast, 2019-2026
11. Europe Selenium Methionine Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Selenium Methionine Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Selenium Methionine Market Size and Volume Forecast by Application
11.4.1. Feed Additives
11.4.2. Nutritional Supplements
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Selenium Methionine Market Size and Volume Forecast by Type
11.7.1. Powder
11.7.2. Capsule
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Selenium Methionine Demand Share, 2019-2026
12. Asia Pacific Selenium Methionine Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Selenium Methionine Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Selenium Methionine Market Size and Volume Forecast by Application
12.4.1. Feed Additives
12.4.2. Nutritional Supplements
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Selenium Methionine Market Size and Volume Forecast by Type
12.7.1. Powder
12.7.2. Capsule
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Selenium Methionine Demand Share, 2019-2026
13. Middle East & Africa Selenium Methionine Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Selenium Methionine Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Selenium Methionine Market Size and Volume Forecast by Application
13.4.1. Feed Additives
13.4.2. Nutritional Supplements
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Selenium Methionine Market Size and Volume Forecast by Type
13.7.1. Powder
13.7.2. Capsule
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Selenium Methionine Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Selenium Methionine Market: Market Share Analysis
14.2. Selenium Methionine Distributors and Customers
14.3. Selenium Methionine Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Foodchem International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shanghai Terppon Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zhongshan Kejiali Feed Development
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Xi'an Lyphar Biotech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Shanghai Ruizheng Chemical Technology
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shaanxi TOP Pharm Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
