Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Dry Yeast Market, The Global Dry Yeast Market size was valued at around USD 5.3 billion in 2024 and is projected to reach USD 8.8 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9% during the forecast period, i.e., 2025-30.  Various factors are attributed to the growth of the market like growth in automobile production, growing focus on lightweight & sustainable materials, rising demand for luxury & customized interiors, increasing focus on safety standards, and the adoption of Advanced Driver Assistance Systems (ADAS). The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Dry Yeast Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

  • Forecast Period: 2025-2030
  • Market Size in 2024: USD 5.3 Billion
  • CAGR (2025-2030): 9%

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Global Dry Yeast Market Segmentation Breakdown:

The Dry Yeast Market explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic.  The further bifurcations are as follows:

  • By Type
    • Active Dry Yeast - Market Size & Forecast 2020-2030F, USD Million
    • Inactive Dry Yeast - Market Size & Forecast 2020-2030F, USD Million
    • Instant Dry Yeast - Market Size & Forecast 2020-2030F, USD Million
    • Specialized Dry Yeast - Market Size & Forecast 2020-2030F, USD Million

Active dry yeast is dominating the Global Dry Yeast Market by capturing around 40% of the total market because of its longer shelf life and multiple applications for both industrial and home use.

  • By Application
    • Food- Market Size & Forecast 2020-2030F, USD Million
    • Beverages - Market Size & Forecast 2020-2030F, USD Million
    • Animal Feed - Market Size & Forecast 2020-2030F, USD Million
    • Pharmaceuticals - Market Size & Forecast 2020-2030F, USD Million
    • Others - Market Size & Forecast 2020-2030F, USD Million

The food and Bakery segment accounts for around 45% share of the Global Dry Yeast Market due to its indispensable use in a variety of products especially in baking and processed foods.

  • By Channel
    • Direct Sales - Market Size & Forecast 2020-2030F, USD Million
    • Distributors & Wholesalers - Market Size & Forecast 2020-2030F, USD Million
    • Retail Stores - Market Size & Forecast 2020-2030F, USD Million
    • Online Sales - Market Size & Forecast 2020-2030F, USD Million
    • Other - Market Size & Forecast 2020-2030F, USD Million
  • By Form
    • Powder - Market Size & Forecast 2020-2030F, USD Million
    • Flakes - Market Size & Forecast 2020-2030F, USD Million
    • Tablet - Market Size & Forecast 2020-2030F, USD Million

Geographical Growth Insights:

  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia Pacific

North America presently holds around 35% market share in the Global Dry Yeast Industry due to multiple factors creating strong demand for dry yeast in the food and beverage industries.

MarkNtel Advisors Highlights Key Market Drivers for Dry Yeast Market:

Rising Demand for Convenience and Processed Foods & Beverages – The major driving force of the Global Dry Yeast Market is the increasing demand for convenience and processed meals. The preference for comfort and simple-to-prepare food has increased as consumer’s lifestyles have become more fast-paced. Dry yeast is essential for fermentation, texture, and taste improvement in a variety of processed ingredients, mainly in bakery items like bread, cakes, and pastries. The size of the global convenience food market was estimated at USD 528 billion in 2023 and is projected to grow to USD 852.06 billion by 2030, which will further boost the dry yeast market demand.

Moreover, dry yeast is important for the fermentation system that produces both alcoholic and non-alcoholic fermented beverages such as beer. The craft beer marketplace which closely relies on dry yeast, is projected to expand at a compound annual growth rate of 6.9% by 2032. Dry yeast demand will remain stronger as processed and convenience meals gain a reputation globally, specifically in developing areas like Asia-Pacific which will drive market expansion in several industries.

A Comprehensive Analysis of Leading Companies in Global Dry Yeast Market

  • Kerry Group
  • DCL Yeast
  • Angel Yeast
  • Aryzta AG
  • Pakmaya
  • AB Mauri
  • Shandong Bio Sunkeen
  • Alltech
  • IFF
  • Lesaffre
  • General Mills Inc.
  • Daiya Foods Inc.
  • Leiber
  • Fleischmann's
  • Others

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Dry Yeast Market Recent Development:

  • August 2024: AB Mauri North Americapurchased Omega Yeast Labs a market leader in craft brewing yeast to broaden its selection of specialty yeasts. Along with strengthening its current brands like Fleischmann’s Yeast, the acquisition expands AB Mauri’s AB Biotek division offerings for craft beer alcoholic beverages, and other industries.
  • October 2024: Lesaffrestrengthened its production of yeast derivatives for savory ingredients by acquiring a 70% majority stake in Biorigin, a Zilor business unit. This collaboration will enhance production, logistics, and service offerings for clients worldwide in the animal nutrition and human food industries.

What are the growth Opportunity driving the Global Dry Yeast Market?

Dry Yeast as a Sustainable Protein Source for Animal Feed – The usage of dry yeast as an eco-friendly source of protein for animal feed is offering notable growth opportunities. Dry yeast is a sustainable alternative protein source because the demand for excellent animal feed rises due to the demand for meat and dairy products globally. Additionally, active dry yeast which has about 95% dry matter, is the most widely used in the animal feed industry. Active dry yeast has a higher microbial activity than other feed additives used in livestock and poultry breeding. Moreover, aligning with the larger trend toward a circular economy, yeast production frequently utilizes by-products from other industries such as agricultural waste. Thus, increasing use of dry yeast as a sustainable protein source is anticipated to augment the size & volume of the industry in the coming years.

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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