Revenue of Global Dry Yeast Market Expected to Hit USD 8.8 Billion by 2030
A Quick Overview of Dry Yeast MarketThe key object of this report on the Dry Yeast Market is to offer worthy data and a geographical perspective for predictions of market growth in the future. The recommendations added in this detailed report are insightful, and actionable offering a deep understanding of the industry. Moreover, it includes a comprehensive importance of aspects that have impacted the industry.
MarkNtel Advisors has recently studied an extensive market intelligence evaluation on the market. Also, the newly released report exhibits an engaging format that comprises compelling graphs, tables, charts, and figures as well. These seamlessly combined visual aids are designed to support the clarity and accuracy of the details presented, offering analysts a deep knowledge of the topic at hand.
According to the latest report, 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% from 2024 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.
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Market Dynamics:
Growth Opportunity-
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.
Dry Yeast Market Report Segmentation:
The report by MarkNtel Advisors on Dry Yeast Industry, analyzes, identifies, and highlights the main trends and drivers which are affecting each segment of the market. The market has been further divided into the following categories:
By Type
• Active Dry Yeast
• Inactive Dry Yeast
• Instant Dry Yeast
• Specialized Dry Yeast
By Application
• Food & Bakery:
• Beverages
• Animal Feed
• Pharmaceuticals
• Others
- 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. Yeast is a critical aspect in the manufacturing of bread, pastries, desserts, and different baked food items, making it crucial to the food industry. The growing call for convenient, ready-to-eat, and packaged food, drives the usage of dry yeast.
By Channel
• Direct Sales
• Distributors & Wholesalers
• Retail Stores
• Online Sales
• Other
By Form
• Powder
• Flakes
• Tablet
By Region
• 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.
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific
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Some of the Top Dry Yeast Companies in the Market
In the fast-changing Dry Yeast Market, understanding what our competitors are doing is crucial. By carefully analyzing things, we figured out some of the dominating players in the industry. So, the top players of the industry ruling the industry are:
• 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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