Explosive Expansion Anticipated for the Dried Yeast Market, Projected to Reach a Staggering 7.1% Growth Rate by 2034
The global dried yeast market is set for a significant expansion over the next decade, with projections indicating a growth from around USD 54.02 billion in 2025 to an impressive USD 110.31 billion by 2035 [1]. This steady growth is expected at a compound annual growth rate (CAGR) of 7.4% over this period.
One of the key drivers behind this growth is the increasing consumer preference for dry yeast due to its long shelf life and ease of use, particularly among busy households. Additionally, the rising demand for yeast-derived products such as nutritional yeast, which is rich in B vitamins and aligns with the growing trend towards plant-based diets, is also fueling market expansion [1].
Manufacturers are innovating and expanding production to meet this consumer demand for fortified and organic yeast products. The broad application of dry yeast across the food and beverage industries, as well as its role in health-focused and sustainable food initiatives, further accelerates market growth [1].
This growth is supported by a global shift towards convenience foods and nutritional enhancement, combined with technological advancements in yeast production and formulation.
In 2024, the dried yeast market was valued at USD 4.4 billion. Notable developments in the market include Angel Yeast expanding its dried yeast production capacity with a new facility in China in 2025, and AB Mauri launching high-performance dried yeast strains for artisanal and industrial baking [1].
The bakery segment holds a dominant position in the dried yeast market, capturing more than 54.6% of the total application share [1]. The growing popularity of fresh and homemade bakery products continues to increase demand in the bakery sector in 2025. Distributors and Wholesalers also hold a dominant market position, leveraging their extensive networks to supply commercial bakeries and food manufacturers [1].
Bags and sacks remain the dominant market position in the dried yeast packaging segment, capturing more than 37.5% of the market share [1]. In 2025, demand for bags and sacks remains strong, driven by the growth of the bakery and food processing industries.
The dried yeast market is also expanding into emerging markets, with companies investing in sustainable and high-efficiency yeast solutions [1]. For instance, Alltech is developing dried yeast for animal feed and yeast-based biofuels in 2025.
In addition, the market is seeing growth in the production of yeast extracts for umami flavor enhancement in snacks and vegan foods, as demonstrated by Biospringer's launch of such products in 2025 [1].
In 2024, North America accounted for 46.3% of the global dried yeast market, valued at approximately USD 2 billion [1]. The dried yeast market is on a strong growth path, driven by rising demand from bakeries, breweries, and health-focused food products.
In summary, the global dried yeast market is poised for significant growth over the next decade, driven by factors such as consumer preference, technological advancements, and the expanding application of dry yeast across various industries.
References:
[1] Market Research Report, Global Dried Yeast Market, 2025-2035.
[5] Fermented Ingredient Market Analysis, 2025.
- The rise in the food and beverage industry's demand for dry yeast, due to its long shelf life, ease of use, and role in health-focused and sustainable food initiatives, is a key factor boosting the global dried yeast market's growth.
- The finance sector is playing a crucial role in the growth of the dried yeast market, as companies invest in innovative technologies for yeast production, formulation, and packaging, with an aim to improve efficiency and sustainability.
- The global dried yeast market's expansion into new sectors, such as plant-based foods, animal feed, and biofuels, offers potential for venture opportunities in the lifestyle market, particularly for businesses focused on food-and-drink and baking.
