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Chelated Selenium Market

Market Insights on Chelated Selenium covering sales outlook, demand forecast & up-to-date key trends

Chelated Selenium Market by type, End-User application, distribution channel & Region - Forecast 2022-2032

Chelated Selenium Market Outlook

According to Future Market Insights research, during the projected period, the Chelated Selenium market is expected to grow at a CAGR of 5.3%. The market value is projected to increase from US$1,016.8 Mn in 2022 to US$ 1,704.1 Mn by 2032. The Chelated Selenium market was valued at US$ 986.2 Mn at the end of 2021 and is anticipated to exhibit CAGR growth of 3.1% in 2016-2021.

Market Size Value in 2022

US$ 1,016.8 Mn

Market Forecast Value in 2032

US$ 1,704.1 Mn

Global Growth Rate (2022 to 2032)

5.3% CAGR

Forecast Period

2022-2032

Market Share of UK in Europe

5.8 %

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Introduction

Chelated Selenium is a type of selenium that is chelated, or bonded, with another molecule. It is used in supplements and foods to increase selenium intake. Selenium is an important trace mineral that helps protect the body from damage caused by free radicals. The body needs selenium to produce glutathione, an important antioxidant.

The health of humans depends on a number of minerals. Without these minerals, the body has a very difficult time maintaining healthy immune system function, producing new blood cells, and building bones. A recent independent study found that the majority of Americans do not consume enough minerals each day.

To ensure that their body has enough nutrients to function properly, they choose chelated minerals. Consumers primarily seek out dietary supplements with chelated minerals when looking for multivitamins.

Chelated minerals are important for older people because their stomach acids are weaker, which causes their bodies to absorb minerals incorrectly. Chelated thus refers to a procedure where minerals like selenium, magnesium, chromium, and calcium are mixed with amino acids or peptides to create complexes that speed up absorption by the body.

Chelated selenium is a crucial component of glutathione, an antioxidant that works to counteract the effects of free radicals, including accelerated ageing. Additionally, chelated selenium has many uses, including helping human and other animal cells form and function.

Additionally, they are required for the production of prostaglandins and other chemicals that influence blood pressure, lower the risk of heart disorders, and shield the eyes from cataracts.

Comparing historical outlook and projections for the world's Chelated Selenium

A new report published by Future market insights, titled, "Chelated Selenium Market - Global Opportunity Analysis and Industry Forecast, 2022-2032," projects the global Chelated Selenium market to reach US$ 1,704.1Mn by 2032. The market was valued US$ 846.6 Mn at 2016, and is expected to grow at a CAGR of 5.3% from 2022 to 2032.

Chelated selenium is an essential trace mineral that plays a vital role in human health. It is found naturally in soil and water, and its concentration in the environment varies depending on location. Although selenium is not required by the body in large amounts, it is essential for normal metabolism and offers a range of health benefits.

There is currently a growing demand for chelated selenium supplements due to their health-promoting properties. Numerous studies have shown that selenium can help to protect against a range of diseases, including cancer and heart disease. Selenium supplements are also thought to boost immunity, improve cognitive function and fertility, and slow the aging process. As awareness of the potential health benefits of chelated selenium continues to grow, so does the demand for this nutrient.

Nandini Roy Choudhury
Nandini Roy Choudhury
Principal Consultant
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Country-wise Insights

What the overview of the market of Chelated Selenium in the world?

According to the National Health and Nutrition Study, the average American adult consumes more dietary selenium than the recommended daily intake of 55mcg, or about 106 mcg. Chelated selenium improves immune system performance and shields the body from free radicals that weaken cell membranes.

Additionally, chelated selenium forms bonds with metals including cadmium, arsenic, and mercury to reduce their toxicity. Chelated selenium can prevent sudden infant death syndrome in newborns, rheumatoid arthritis, and infertility (SIDS). Due to the high availability of chelated selenium in the soil, the organic form type is the sector with the fastest growing market share. Brazil nuts, chicken, whole grains, shellfish, bran, onions, and garlic, oats, tuna are the finest sources of food enriched with chelated selenium.

What is the outlook of North America in the market of Chelated Selenium in the world?

North America and Western Europe dominate the Chelated Selenium marketing terms of market share, owing to high consumption of meat products, health awareness, and high manufacturing facilities in these regions. The outlook of North America in the world market of chelated selenium is very positive. The demand for chelated selenium is increasing rapidly in this region and is expected to continue to grow in the future. This is due to the fact that many people are becoming aware of the importance of selenium for their health. Selenium is a essential trace element that plays an important role in the immune system, thyroid function, and fertility. It is also known to have anti-cancer properties. Therefore, it is not surprising that chelated selenium supplements are becoming more popular among consumers in North America.

What is the outlook of Europe in the market of Chelated Selenium in the world?

The demand for Chelated Selenium in Europe is expected to grow in the coming years as more people become aware of the benefits of selenium supplementation. This is due to the fact that Chelated Selenium is an essential trace element for human health and is involved in many important biochemical processes in the body. However, despite its importance, Se is not naturally present in the human body and must be obtained through diet or supplementation.

Although dietary sources of Chelated Selenium are available, they are often not adequate to meet the needs of the population. As a result, many people in Europe are turning to supplements in order to obtain their recommended daily intake of Se. The most common form of supplemental Se is chelated Se, which is more easily absorbed by the body than other forms.

What is the outlook of Asia Pacific in the market of Chelated Selenium in the world?

Asia Pacific and Middle East and Africa hold huge potential and show substantial growth in terms of rising population base, increasing demand for dietary mineral supplements, growing health awareness, and high supply of chelated selenium in these regions. In recent years, the demand for chelated selenium in Asia Pacific has been on the rise. This is due to a number of factors, including the growing awareness of the importance of selenium in human health and the increasing popularity of supplements containing this mineral.

Category-wise Insights

What are the major drivers and restraints for Chelated Selenium in Market?

Due to its advantages over non-chelated selenium mineral resources in terms of high digestion capacity, support for sustaining cardiovascular health, improvement in the quality of animal products such as milk, eggs, and meat, high demand for dietary supplements, rise in the elderly population, and increased health awareness, the chelated selenium market is expanding at a rapid rate.

The market for chelated selenium is also anticipated to rise as a result of other causes, including health advantages, an increase in animal health care programs, and protection of the environment through the reduction of metal pollution. Government rules that are too strict, drug side effects, and hazardous effects from using too much chelated selenium are a few things that could slow down the market's expansion in the coming years.

What is the different source for the extraction of Chelated Selenium ? 

Chelated Selenium is a chemical compound that is found in various food sources. The body needs selenium to function properly, and it is essential for many processes including metabolism, reproduction, and thyroid function. Chelated Selenium is a more bioavailable form of selenium, meaning that it is easier for the body to absorb and use. There are different sources of chelated selenium, and each has its own benefits.

Some common sources of chelated selenium include Brazil nuts, fish, meat, poultry, eggs, and whole grains. Brazil nuts are particularly rich in selenium, and just one nut can provide the daily recommended amount. Fish such as tuna, halibut, and salmon are also good sources of chelated selenium. Meat and poultry contain smaller amounts of selenium than fish, but they are still good sources.

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Supermarket and Industrial Distributors Are Propelling the Growth Chelated Selenium in Market

The Chelated Selenium in market is expected to grow at a CAGR of 5.3% during the forecast period of 2022-2032. Chelated Selenium is an important trace mineral that provides many health benefits. It is found naturally in some foods, but can also be taken as a supplement. Chelated Selenium is especially important for people who do not eat meat or poultry, as these are the best sources of Selenium.

The market for Chelated Selenium is growing rapidly due to the increasing popularity of supplements and the recognition of the importance of this mineral. Supermarket and industrial distributors are playing a major role in this growth by making it easier for consumers to obtain high-quality Chelated Selenium products.

There are many different types of Chelated Selenium supplements available on the market, so it is important to choose a product that is suited to your individual needs.

Competitive Landscape

Swanson Ultra- Their product is made with high-quality ingredients and backed by science. What sets them apart from other companies is their commitment to quality and customer service. Another top contender in the chelated selenium landscape is Life Extension. They offer a wide range of products, all of which are backed by extensive research. Life Extension is a trusted name in the supplement industry, so you can be sure you're getting a quality product when you purchase from them.

As the natural health industry continues to grow, so does the demand for products like chelated selenium. This trace mineral is essential for human health, but it's not easy to get from food alone. There are a few companies that produce chelated selenium, and they're all vying for a piece of the pie.

Chelated Selenium Market Report Scope

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2022

Market Analysis

US$ Mn for Value and Units for Volume

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • MEA

Key Countries Covered

  • US
  • Canada
  • Mexico
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Brazil
  • Argentina
  • South Africa
  • UAE

Key Segments Covered

  • By Type
  • By End -user
  • By Region
  • By Distribution Channel

Key Companies Profiled

  • Watson-Inc
  • Spectrum Laboratory Products Inc.
  • Jost Chemical Co.
  • Salvi Chemical Industries Ltd.
  • Vitex Nutrition Ltd
  • Sumitomo Metal Mining Co., Ltd.
  • Mitsubishi Corporation
  • Shanghai Redbrillian Chemical Co., Ltd.
  • Norilsk Nickel, Jinchuan Group Ltd.,
  • JX Nippon Mining & Metals Corporation
  • Guangzhou Fineton Nonferrous
  • Nutri-West Inc.

Report Coverage

Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Chelated Selenium Market Segmentation

Based on Type, the Chelated Selenium Market is segmented as:

  • Organic
  • Inorganic

By End-use, the Chelated Selenium Market is segmented as:

  • Pharmaceuticals
  • Dietary Supplements
  • Cosmetics
  • Feed Industry
  • Functional Food

By Region, the Chelated Selenium Market is segmented as:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Oceania
  • MEA

By Distribution channel, the Chelated Selenium Market is segmented as:

  • Pharmacies/Drugstores
  • Health & Beauty stores
  • Hypermarket/Supermarket
  • Direct Selling
  • Online

Frequently Asked Questions

The global Breakfast Drinks market will reach a valuation of US$ 1016.8Mn by the end of 2022

The global Breakfast Drinks market is forecasted to surpass US$ 1704.1Mn by the end of 2032.

USA, Germany, Japan, China, India, Australia, UK are the major countries driving demand for Breakfast Drinks Market.

The US Breakfast Drinks Market is contributing 33.4% of total value share in global market.

The Germany Breakfast Drinks Market is contributing 24.0 % of total value share in global market.

In Japan Breakfast Drinks Market is contributing 8.5% of total market share which values in year 2022.

In India Breakfast Drinks Market is contributing 5.4% of CAGR for latest period.

In China Breakfast Drinks Market is contributing 5.9% of CAGR for latest period.

In Australia Breakfast Drinks Market is contributing 2.8% of total value share in global market.

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Nandini Roy Choudhury
Principal Consultant
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Chelated Selenium Market