Sourdough Market Trends & Forecast 2032: Competitive Landscape and Key Insights
Sourdough Market Overview:
Sourdough market size is anticipated to reach USD 6.900.13 million
by 2032, registering a CAGR of 10.27% during 2024-2032.
The production of Sourdough
Market Report includes naturally produced yeasts instead of
commercially produced ones which give the end product better flavor. Due to its
natural origin, it is more preferred by the health-conscious populace. The
market is all set to gain from the increasing integration of the component in
bakery & confectionery sector. It can have more traction owing to the
growing demand for products which are gluten-free and contains low-fat. At the
same time, these products have high shelf-life owing to which the waste amount
is less and the market can benefit from that. Tangy flavor that sourdough adds
to the bread helps in increasing its popularity.
Competitive Landscape:
Major profiled in the MRFR analysis of the Sourdough
Market Companies include Fisag Limited (New Zealand), Riverside
Sourdough (UK), Beldem Enzymes Plant (Belgium), Puratos (Belgium), Bread SRSLY
(USA), Trueloaf (USA), Madison Sourdough (USA), The Bread Factory (UK), German
Bakehouse Naock (Germany), Boudin SF (U.S.), Sonoma (Australia), and
Ameliasbread (USA).
Segmentation:
MRFR in their analysis of the Sourdough Market makes an
impactful argument by segmenting the said market by starter culture,
ingredients, and applications.
Based on the starter culture, the sourdough market can be
segmented into Type I (Lactobacillus Sanfranciscensis and others.), Type II
(Saccharomyces Cerevisiae and others.), and Type III (Lactobacillus Plantarum,
Pediococcus Pentosaceus, and L. Brevis among others).
Based on the ingredients needed for the production of
sourdough, the sourdough market can be segmented into wholegrain, whole wheat,
oats, rye, barley and other. The wholegrain segment is gaining substantial
traction owing to the growing consumer awareness regarding its benefits.
Based on the applications, the sourdough market can be
segmented into baking bases (bread, pizza, cake, cookies, buns, waffles &
pancakes, among others) and others. The baking bases segment is expecting
substantial growth due to the huge traction it is getting from the bakery &
confectionery industry. Demand for waffles & pancakes, cookies, cake, pizza
, and other products are growing at a higher speed with each passing day owing
to which the sourdough market can pervade the sector triumphantly.
Regional Analysis:
MRFR in their region-specific report of the sourdough industry
includes namely North America, Europe, Asia Pacific (APAC), and
Rest-of-the-World (RoW). The report has its focus on both value-wise and
volume-wise growth of these regions.
North America’s consumption of sourdough is quite high and
the region is expected to dominate the market also during the forecast period.
High per-capita income, significant presence of the food enthusiasts, high
investment in research & development are some factors that could create a
large revenue pocket in the region. The U.S. market can play a significant role
in taking the regional market ahead as sourdough market’s proliferation in
associated sector is considerably high.
Europe’s sourdough market ranks second at present. The
market is prospering significantly owing to contributions made by France,
Italy, Germany, and the U.K. The credit goes to a large population who are
connoisseur of foods as their taste for better breads is providing the market
with substantial traction. Product developments are also happening considerably
owing to which the market can experience substantial growth during the forecast
period.
The APAC market is quite lucrative as a huge population
resides here. The improving economic conditions are changing the market
scenario by creating enough scope for the market proliferation. Major countries
such as India and China are triggering high growth. The much-needed variety of
sourdough requires aid from temperature which the regional climate provides
amply. This helps the local bakers in taking the entire market a notch up by
producing unprecedented varieties.
Industry News:
In 2018, Hovis Ltd (UK) launched their new sourdough bloomer
and seeded batch to meet the growing customer demand for premium quality bread.
This could help the company in tapping in a huge market and increase its market
revenue.
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