Dry Yeast Market
Dry Yeast Market Size, Share & Trends Analysis Report by Product Type (Active and Inactive), by Form (Powder, Flakes, and Tablet), by Base (Fortified and Unfortified), by Application (Bakery, Food, and Others) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Dry yeast market size was valued at $4.5 billion in 2022, and is projected to reach $7.3 billion by 2030, registering a CAGR of 7.1% during the forecast period (2023-2030). Animal owners are becoming very conscious of the animal food they buy and the nutritional benefits it provides. Nutrition is a significant factor in recent times, and sales of goods that do not meet customer standards are also adversely influenced by the same. Therefore, producers of pet food have started to integrate high nutritional value into their products. Dry yeast improves the nutrient content of pet food, resulting in a significant rise in the use of dry yeast by pet food producers. Dry yeast is one of the wonders of modern-day baking practices- a free-flowing fine-grained powder made from several millions of layers of single-celled dehydrated microorganisms known as yeast. As a result, a growing number of pet owners relying on diets that are safe for their pets is expected to contribute to the growth of the market during the forecast period.
Segmental Outlook
The global dry yeast market is segmented based on product type, form, base, and application. Based on the product type, the market is bifurcated into active and inactive. Based on the form, the market is again segmented into powder, flakes, and tablets. Based on the base, the market is divided into fortified and unfortified. Based on the application, the market is augmented into the bakery, food, and others. Among product types, the inactive sub-segment is expected to hold a considerable share of the dry yeast market during the forecast period.
The Bakery Sub-Segment is anticipated to Hold a Prominent Share of the Global Dry Yeast Market
Among applications, the bakery segment is expected to hold a prominent share of the market during the forecast period. The rising demand for dry yeast application in bakery products to provide a light texture or leavening is expected to contribute to the growth of the market. It is also used for the fermentation of dough. Furthermore, the rising usage of dry yeast across different end-use is driving the growth of the market during the forecast period.
Regional Outlooks
The global dry yeast market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific regional market is expected to cater considerable growth rate over the forecast period due to increasing urbanization and purchasing power in developing economies. It is expected that demand will rise as consumers are ready to spend more on food and beverages.
Global Dry Yeast Market Growth, by Region 2023-2030
The North America Region is expected to hold a Prominent Share of the Global Dry Yeast Market
The North American region is witnessed to hold a prominent share in the global dry yeast market during the forecast period. The large hub of bakery products and their high demand have resulted in the highest utilization of yeast ingredients in the region’s bakery and breweries industries. Furthermore, advances in technology and innovation in food ingredients, rising consumption, growing innovative industries, and people's lifestyles are the factors expected to hold a prominent share of the dry yeast market during the forecast period.
Market Players Outlook
The major companies serving the global dry yeast market include Dun & Bradstreet, Inc., Conagra Brands, Inc., London Dairy Co. Ltd., Danone SA, ADM, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2022, Angel Yeast announced that it has developed the latest dry yeast product Premium Dry Yeast to address baking challenges. These innovative yeasts meet the latest requirements of the baking industry for stability, convenience, and overall adaptability, and Angel Yeast remains committed to continually introducing higher-quality products to help the industry grow and thrive.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global dry yeast market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Dry Yeast Market by Product Type
4.1.1. Active
4.1.2. Inactive
4.2. Global Dry Yeast Market by Form
4.2.1. Powder
4.2.2. Flakes
4.2.3. Tablet
4.3. Global Dry Yeast Market by Base
4.3.1. Fortified
4.3.2. Unfortified
4.4. Global Dry Yeast Market by Application
4.4.1. Bakery
4.4.2. Food
4.4.3. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aryzta AG
6.2. Associated British Foods PLC
6.3. Bellarise (Pak Group)
6.4. Conagra Brands, Inc.
6.5. Daiya Foods Inc.
6.6. Danone S.A.
6.7. Europastry S.A.
6.8. General Mills Inc.
6.9. Grupo Bimbo S.A.B.De C.V.
6.10. Kerry Group Plc
6.11. Lantmännen Unibake
6.12. London Dairy Co. Ltd
6.13. The Archer-Daniels-Midland Co.
6.14. Vandemoortele N.V.
1. GLOBAL DRY YEAST MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MIL-LION)
2. GLOBAL ACTIVE DRY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MIL-LION)
3. GLOBAL INACTIVE DRY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MIL-LION)
4. GLOBAL DRY YEAST MARKET RESEARCH AND ANALYSIS BY FORM, 2022-2030 ($ MILLION)
5. GLOBAL POWDER FORM DRY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL FLAKES FORM DRY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL TABLET FORM DRY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL DRY YEAST MARKET RESEARCH AND ANALYSIS BY BASE, 2022-2030 ($ MILLION)
9. GLOBAL FORTIFIED DRY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL UNFORTIFIED DRY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL DRY YEAST MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MIL-LION)
12. GLOBAL DRY YEAST FOR BAKERY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL DRY YEAST FOR FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL DRY YEAST FOR OTHER APPLICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL DRY YEAST MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. NORTH AMERICAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
17. NORTH AMERICAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
18. NORTH AMERICAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY FORM, 2022-2030 ($ MIL-LION)
19. NORTH AMERICAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY BASE, 2022-2030 ($ MIL-LION)
20. NORTH AMERICAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
21. EUROPEAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
22. EUROPEAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
23. EUROPEAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY FORM, 2022-2030 ($ MILLION)
24. EUROPEAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY BASE, 2022-2030 ($ MILLION)
25. EUROPEAN DRY YEAST MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MIL-LION)
26. ASIA-PACIFIC DRY YEAST MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MIL-LION)
27. ASIA-PACIFIC DRY YEAST MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC DRY YEAST MARKET RESEARCH AND ANALYSIS BY FORM, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC DRY YEAST MARKET RESEARCH AND ANALYSIS BY BASE, 2022-2030 ($ MILLION)
30. ASIA-PACIFIC DRY YEAST MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
31. REST OF THE WORLD DRY YEAST MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
32. REST OF THE WORLD DRY YEAST MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2022-2030 ($ MILLION)
33. REST OF THE WORLD DRY YEAST MARKET RESEARCH AND ANALYSIS BY FORM, 2022-2030 ($ MILLION)
34. REST OF THE WORLD DRY YEAST MARKET RESEARCH AND ANALYSIS BY BASE, 2022-2030 ($ MIL-LION)
35. REST OF THE WORLD DRY YEAST MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
1. GLOBAL DRY YEAST MARKET SHARE BY PRODUCT TYPE, 2022 VS 2030 (%)
2. GLOBAL ACTIVE DRY YEAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL INACTIVE DRY YEAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL DRY YEAST MARKET SHARE BY FORM, 2022 VS 2030 (%)
5. GLOBAL POWDER FORM DRY YEAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL FLAKES FORM DRY YEAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL TABLET FORM DRY YEAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL DRY YEAST MARKET SHARE BY BASE, 2022 VS 2030 (%)
9. GLOBAL FORTIFIED DRY YEAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL UNFORTIFIED DRY YEAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL DRY YEAST MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
12. GLOBAL DRY YEAST FOR BAKERY MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL DRY YEAST FOR FOOD MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL DRY YEAST FOR OTHERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL DRY YEAST MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. US DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
17. CANADA DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
18. UK DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
19. FRANCE DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
20. GERMANY DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
21. ITALY DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
22. SPAIN DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
23. REST OF EUROPE DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
24. INDIA DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
25. CHINA DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
26. JAPAN DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
27. SOUTH KOREA DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF ASIA-PACIFIC DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF THE WORLD DRY YEAST MARKET SIZE, 2022-2030 ($ MILLION)
