South Korea Dried Yeast Market Size, Share, and COVID-19 Impact Analysis, By Type (Baker’s Yeast, Brewer’s Yeast, Nutritional Yeast, and Others), By Application (Baking, Brewing, Functional Foods & Supplements, and Others), and South Korea Dried Yeast Market Insights, Industry Trend, Forecasts to 2035

South Korea Dried Yeast Market Size Insights Forecasts to 2035

• The South Korea Dried Yeast Market size is Expected to Grow at a CAGR of around 4.6% from 2025 to 2035
• The South Korea Dried Yeast Market size is expected to hold a significant Share by 2035

According to a Research Report Published by Spherical Insights & Consulting, the South Korea Dried Yeast Market Size is anticipated to grow at a CAGR of 4.6% from 2025 to 2035. The market is driven by rising consumption of baked goods, increasing interest in craft brewing, and growing demand for functional and nutritional yeast. Pandemic-driven awareness of immune support and gut health has increased interest in nutritional yeast supplements. Meanwhile, industrial applications in food processing and biotechnology are supporting overall market expansion.

Market Overview

South Korean Dried Yeast Market Size has experienced consistent growth with the growing bakery, brewing, and health food markets. Baking yeast is still the most dominant type with immense demand for bread, pastry, and instant mix sale. Craft beer breweries and home brewing movement propel brewer's yeast sales. Nutritional yeast increasingly finds favor with health food giants and vegan consumers due to its protein content, B-vitamins, and intense umami flavor. Improved technology for drying and strain development has enhanced shelf stability and viability. Distribution is highly developed via supermarkets, specialty food outlets, and increasingly online. Competition from fresh yeast and fluctuation in raw material costs poses a challenge to the market, and government control of labeling and food-grade quality impacting manufacturing practices.

Report Coverage

This research report categorizes the market for the South Korea dried yeast market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea dried yeast market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea dried yeast market.

Driving Factors

South Korea dried yeast is driven by rising demand for baked food, growth in home and artisanal bread baking, and growing popularity of craft beer. Consumers are seeking nutritional yeast stimulated by the protein and immune-stimulating properties of this ingredient. Advances in yeast drying technology and strain improvement have enhanced the product shelf life and quality. Moreover, increasing applications of dry yeast in food supplements and functional food drive larger market growth across all consumer segments.

Restraining Factors

Raw material price uncertainity and high production costs affect profitability. Growth in the market is limited by competition from fresh yeast and imported substitutes. Limited end-user knowledge and awareness of specialty yeast varieties such as nutritional yeast can also limit acceptance in functional foods markets.

Market Segmentation

The South Korea Dried Yeast Market share is classified into type and application.

• The baker’s yeast segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea dried yeast market is segmented by type into baker’s yeast, brewer’s yeast, nutritional yeast, and others. Among these, the baker’s yeast segment held the largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.The demand of baker’s yeast is driven by its widespread usage in bread, pastry, and instant bake blends, and by consumer desire to bake at home. Increased innovation in active dry and instant dry simplify the addition of convenience, while strain development enhances fermentation yield and quality.

• The baking segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea dried yeast market is segmented by application into baking, brewing, functional foods & supplements, and others. Among these, the baking segment dominated the market share in 2024 and is expected to grow at a significant CAGR during the forecast period. High demand for bakery, confectionery, and ready-to-bake mix in foodservice and retail drives this dominance. Artisan bread trends and premiumization and development of bakery café further drive this growth in South Korea.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea dried yeast market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Lallemand Inc.
• Lesaffre Group
• AB Mauri (Associated British Foods)
• Angel Yeast Co., Ltd.
• Corbion (Purac)
• Purolabs Inc.
• CJ CheilJedang
• Dongbu Yeasts
• Ottogi Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea dried yeast market based on the below-mentioned segments:

South Korea Dried Yeast Market, By Type

• Baker’s Yeast
• Brewer’s Yeast
• Nutritional Yeast
• Others

South Korea Dried Yeast Market, By Application

• Baking
• Brewing
• Functional Foods & Supplements
• Others