Global Chelated Selenium Report Thumbnail

Global Chelated Selenium Market by Type (Organic, Inorganic), By Application (Feed Industry, Functional Food, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: PH-257
  • Author: Up Market Research
  • Rating: 5.0
  • Total Reviews: 60
  • No. Of Pages: 204
  • Format:
  • Pub. Date: 2021-03-01
  • Share:

The Global Chelated Selenium Market size is anticipated to grow at a CAGR of around 4% during the forecast period and is expected to reach USD 5.4 Billion by 2028. The factors that are driving the growth of this market include increasing demand for organic products and rising awareness about health benefits associated with selenium. However, stringent regulatory norms and a lack of technical know-how may hamper the growth prospects of this market over the next few years.

 

The term "selenium" refers to a naturally occurring mineral that is essential for the production of selenoproteins. Selenoproteins are proteins containing one or more selenium-containing amino acid residues, with an associated enzyme activity including antioxidant and anti-inflammatory properties. In order to be fully absorbed by the human body, it requires chelation which can be achieved either through organic molecules (e.g., sulfate) or inorganic substances such as sodium selenite, lithium selenide phenylsulfonephthalein disulphonic acid [PDS].

Chelated Selenium is used in the feed industry to promote growth, manage disorders and reduce diseases. It can also be utilized as a nutritional supplement for those who cannot consume the right levels of selenium through diet alone. In addition, it enhances immune function and protects against oxidative stress that often occurs due to poor diets or other lifestyle factors like smoking.

The functional food market has begun to take note of this unique antioxidant which helps maintain normal cholesterol levels while providing protection from free radicals and oxidation damage associated with diabetes, cancer cells, and cardiovascular disease (e.g., atherosclerosis). There are some sources indicating that certain antioxidants may have benefits on neurological functions related to cognition but more research is needed into how Chelated Selenium impacts.

 

On the basis of Type, the market is segmented into Organic and Inorganic. Organic is projected to expand at a higher CAGR than Inorganic during the forecast period. This trend can be attributed to increased demand from countries that are increasing their awareness towards organic food products or those that have banned synthetic fertilizers.

 

Organic Chelated Selenium:

Organic Selenium compounds are made up of selenium and a functional group. They have an organic moiety that is carbon-based, usually alkoxy or thioether groups. Organic Chelated Selenium includes such as Se-methylselenocysteine (MSC), Diselenide, Methylseleniourea, Triselenic acid, and Dimethylethylene selenoxide.

Organic selenium compounds are found in food, feed, and functional foods. Organic Chelated Selenium can be used as an antioxidant to protect cells from damage caused by free radicals. It may also help maintain normal heart function, promote healthy skin and hair growth, enhance immune system functions or increase sperm motility. It is not only effective for humans but also for animals such as poultry and pigs that consume it when they eat grains containing organic chelates of selenium-rich proteins (such as wheat). In 2016, there were no commercial sources available which use this type of organic chelated selenium compound in livestock feeds; however, some companies are expected to release products soon because its use is anticipated to reduce environmental pollution by decreasing the use of inorganic selenium.

 

Inorganic Chelated Selenium:

Inorganic Chelated Selenium is an organic compound of metal and sulfur. The most common example is selenite, which consists of one molecule of inorganic selenium bound to two molecules of acid hydrogen sulfide (H-S). It can be synthesized by the reaction between sodium hydride (NaH) and elemental selenium. Inorganic Chelated Selenium is used as a pest control agent in animal feed, metalworking fluid, flame retardant, and mainly for health supplements.

Inorganic chelated selenium may be at higher risk than organic since it consists of one molecule of inorganic selenium bound to two molecules of sulfuric acid (H-S). However, the most common example is that it can be synthesized by a reaction between sodium hydride (NaH) and elemental selenium. It's also found in animal feeds as well as other applications.

 

On the basis of Application, the market is segmented into the Feed industry, Functional Food, and others. The Feed Industry segment is estimated to have significant growth in the Global Chelated Selenium market during the forecast period. The need for feed additives has increased not only due to higher awareness about organic food but also due to heavy regulations and certification requirements are being imposed by organizations such as the U.S Department of Agriculture (USDA).

 

On the basis of Region, the market is segmented, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region currently has the largest share in Global Chelated Selenium Market due to its widespread availability of raw materials for selenium production as well as stringent regulations on feed additives such as chelated selenium.

The European market has a significant share in the overall market due to stringent regulations on feed additives. The Asia Pacific region has been witnessing a high growth rate during the forecast period, which is anticipated to be driven by an increase in awareness towards organic food and rising demand for processed foods, among other factors.

Latin America will exhibit steady growth with increasing consumption of manufactured foods that are rich in certain micronutrients like selenium. The Middle East & Africa region will grow at an unimaginable pace because of its vast availability of raw materials required for the production of Chelated Selenium products thus making it one of the most promising regions for this type of product over the next few years.

 


Up Market Research published a new report titled “Chelated Selenium Market research report which is segmented by Types (Organic, Inorganic), By Applications (Feed Industry, Functional Food, Others), By Players/Companies Watson, Spectrum Laboratory Products, Jost Chemical, Salvi Chemical Industries, Vitex Nutrition, Sumitomo Metal Mining, Mitsubishi, Shanghai Redbrillian Chemical, Norilsk Nickel, Jinchuan, JX Nippon Mining & Metals, Guangzhou Fineton Nonferrous, Nutri-West”. 

 

Report Scope

Report Attributes Report Details
Report Title Chelated Selenium Market Research Report
By Type Organic, Inorganic
By Application Feed Industry, Functional Food, Others
By Companies Watson, Spectrum Laboratory Products, Jost Chemical, Salvi Chemical Industries, Vitex Nutrition, Sumitomo Metal Mining, Mitsubishi, Shanghai Redbrillian Chemical, Norilsk Nickel, Jinchuan, JX Nippon Mining & Metals, Guangzhou Fineton Nonferrous, Nutri-West
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 204
Number of Tables & Figures 143
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Chelated Selenium Industry Outlook
 

Global Chelated Selenium Market Report Segments:

The market is segmented by Type Organic, Inorganic and By Application Feed Industry, Functional Food, Others.

 

Some of the companies that are profiled in this report are:

  1. Watson
  2. Spectrum Laboratory Products
  3. Jost Chemical
  4. Salvi Chemical Industries
  5. Vitex Nutrition
  6. Sumitomo Metal Mining
  7. Mitsubishi
  8. Shanghai Redbrillian Chemical
  9. Norilsk Nickel
  10. Jinchuan
  11. JX Nippon Mining & Metals
  12. Guangzhou Fineton Nonferrous
  13. Nutri-West
 

Chelated Selenium Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Chelated Selenium Market
 

Overview of the regional outlook of the Chelated Selenium Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Chelated Selenium Market Overview
 

Highlights of The Chelated Selenium Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Chelated Selenium Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Organic

                2. Inorganic

       7. By Application:

                1. Feed Industry

                2. Functional Food

                3. Others

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Chelated Selenium 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 2028.

 

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

Chelated Selenium Market Statistics
 

Reasons to Purchase the Chelated Selenium Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Chelated Selenium Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Chelated Selenium Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Chelated Selenium Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Chelated Selenium Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Chelated Selenium Market Size & Forecast, 2018-2028 
      4.5.1 Chelated Selenium Market Size and Y-o-Y Growth 
      4.5.2 Chelated Selenium Market Absolute $ Opportunity 


Chapter 5 Global Chelated Selenium Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Chelated Selenium Market Size Forecast by Type
      5.2.1 Organic
      5.2.2 Inorganic
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Chelated Selenium Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Chelated Selenium Market Size Forecast by Applications
      6.2.1 Feed Industry
      6.2.2 Functional Food
      6.2.3 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Chelated Selenium Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Chelated Selenium Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Chelated Selenium Analysis and Forecast
   9.1 Introduction
   9.2 North America Chelated Selenium Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Chelated Selenium Market Size Forecast by Type
      9.6.1 Organic
      9.6.2 Inorganic
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Chelated Selenium Market Size Forecast by Applications
      9.10.1 Feed Industry
      9.10.2 Functional Food
      9.10.3 Others
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Chelated Selenium Analysis and Forecast
   10.1 Introduction
   10.2 Europe Chelated Selenium Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Chelated Selenium Market Size Forecast by Type
      10.6.1 Organic
      10.6.2 Inorganic
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Chelated Selenium Market Size Forecast by Applications
      10.10.1 Feed Industry
      10.10.2 Functional Food
      10.10.3 Others
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Chelated Selenium Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Chelated Selenium Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Chelated Selenium Market Size Forecast by Type
      11.6.1 Organic
      11.6.2 Inorganic
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Chelated Selenium Market Size Forecast by Applications
      11.10.1 Feed Industry
      11.10.2 Functional Food
      11.10.3 Others
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Chelated Selenium Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Chelated Selenium Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Chelated Selenium Market Size Forecast by Type
      12.6.1 Organic
      12.6.2 Inorganic
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Chelated Selenium Market Size Forecast by Applications
      12.10.1 Feed Industry
      12.10.2 Functional Food
      12.10.3 Others
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Chelated Selenium Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Chelated Selenium Market Size 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 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Chelated Selenium Market Size Forecast by Type
      13.6.1 Organic
      13.6.2 Inorganic
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Chelated Selenium Market Size Forecast by Applications
      13.10.1 Feed Industry
      13.10.2 Functional Food
      13.10.3 Others
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Chelated Selenium Market: Competitive Dashboard
   14.2 Global Chelated Selenium Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Watson
      14.3.2 Spectrum Laboratory Products
      14.3.3 Jost Chemical
      14.3.4 Salvi Chemical Industries
      14.3.5 Vitex Nutrition
      14.3.6 Sumitomo Metal Mining
      14.3.7 Mitsubishi
      14.3.8 Shanghai Redbrillian Chemical
      14.3.9 Norilsk Nickel
      14.3.10 Jinchuan
      14.3.11 JX Nippon Mining & Metals
      14.3.12 Guangzhou Fineton Nonferrous
      14.3.13 Nutri-West
Segments Covered in the Report
The global Chelated Selenium market has been segmented based on

By Types
  • Organic
  • Inorganic
By Applications
  • Feed Industry
  • Functional Food
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Watson
  • Spectrum Laboratory Products
  • Jost Chemical
  • Salvi Chemical Industries
  • Vitex Nutrition
  • Sumitomo Metal Mining
  • Mitsubishi
  • Shanghai Redbrillian Chemical
  • Norilsk Nickel
  • Jinchuan
  • JX Nippon Mining & Metals
  • Guangzhou Fineton Nonferrous
  • Nutri-West

Buy Report