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Global Chelated Selenium Market Estimated to Grow Strongly by 2026

Press Release   •   Feb 20, 2017 05:45 EST

Several minerals are important for human health. Without these minerals, it is very difficult for body to build bones, generate a new blood cells, and to maintain a proper function of immune system. According to an independent study, most of the American population do not get sufficient amount of minerals in their daily diet. Therefore, they are preferring for chelated minerals to make sure that body has sufficient nutrients to function appropriately. When consumers searching for multivitamins they mainly look for dietary supplements that contain chelated minerals. Chelated minerals are essential for aging population owing to decrease in their stomach acid strength which leads to improper absorption of minerals by body. Thus, chelated is a process in which minerals such as selenium, magnesium, chromium and calcium are combined with amino acids or peptides to form complexes, which make them more readily to absorb by the body. Chelated selenium is an essential element of glutathione antioxidant agent which helps in overcome the effect of free radicals include premature aging. Additionally, chelated selenium have a multiple applications such as development and functioning of cells in human and other animals. Chelated selenium is also necessary for the development of prostaglandins and other substances that affect blood pressure. Chelated selenium reduces the risk of heart related diseases and protect the eyes against cataracts.

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Chelated selenium market are witnessing maximum growth owing to its properties such as more digestible than non-chelated selenium minerals, helps in maintaining cardiovascular health, increasing animal production quality such as milk, egg, meat and many more, demand for dietary supplements, increasing aging population, and rising health awareness. Moreover, helps in environmental protection by decreasing metal pollution, improves the bioavailability of selenium, enhance health such as immune system, rising animal health welfare programs are some other factors expected to flourish the Chelated Selenium market. However, stringent government regulations, side effects of medicines, and excess use of chelated selenium may produce toxic effect are the factors that may hamper the growth of Chelated Selenium market in near future.

According to National Health and Nutrition Study, in the U.S adult eats around 106 mcg of dietary selenium daily, which is above Dietary Reference Intake which is recommended of about 55mcg. Chelated selenium boost the function of immune system and protect the body from free radicals that damages the cell membranes. Moreover, chelated selenium binds with mercury, arsenic, cadmium and other metals to overcome their toxicity. Chelated selenium are beneficial for infertility, rheumatoid arthritis and protect newborn babies from sudden infant death syndrome (SIDS). Base on form type, organic is the fastest growing segment owing to high availability of chelated selenium in soil. Thus, the best source of food enrich with chelated selenium are Brazil nuts, chicken, whole grains, seafood, bran, onions, garlic, oats, wheat germ, and tuna.

Depending on geographic region, Chelated Selenium market is segmented into seven key regions: North America, Latin America, Eastern Europe, Western Europe, Asia Pacific, Japan, and Middle East & Africa. Asia Pacific dominates the Chelated Selenium market followed by Europe, Japan and North America owing to high consumption of meat products, health awareness, and high manufacturing facilities in these regions. Asia Pacific, Middle East and Africa hold huge potential and shows substantial growth in terms of rising population base, demand for dietary mineral supplements, growing health awareness, and high supply of chelated selenium in these regions owing to less chelated selenium content availability, and rising health related concern in these regions.

Key players of Chelated Selenium market are 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 and Nutri-West Inc.

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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material and applications.

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