Overview and Scope
Sourdough refers to a bread leavening agent that relies on naturally occurring wild yeast and lactic acid bacteria to ferment the dough. The sourdough is used to craft flavorful and textured bread through the natural fermentation of flour and water.
Sizing and Forecast
The sourdough market size has grown strongly in recent years. It will grow from $2.74 billion in 2023 to $2.93 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to growing consumer demand for artisanal and specialty foods, gluten sensitivity awareness, celebrity chef endorsements and tv shows, focus on slow food movement, rising focus on locally sourced ingredients, global culinary fusion.
The sourdough market size is expected to see strong growth in the next few years. It will grow to $3.78 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to health and wellness trends, rise of home baking, influence of food bloggers and influencers, premiumization of baked goods, elevated snacking culture. Major trends in the forecast period include innovative packaging and visually appealing presentation, sustainable sourdough practices, gluten-free sourdough, online sourdough workshops and communities, flavor innovations.
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The sourdough market covered in this report is segmented –
1) By Type: Type 1, Type2, Type 3
2) By Ingredients: Wheat, Barley, Oats
3) By Application: Breads And Buns, Cakes And Pastries, Cookies, Pizza, Other Applications
Europe was the largest region in the sourdough market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sourdough market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
Rising health awareness among consumers is expected to propel the growth of the sourdough market going forward. Health consciousness refers to the growing awareness and emphasis on maintaining and improving one’s health and well-being. Sourdough bread, being a fermented product, is often perceived as a healthier alternative to conventional bread due to its potential digestive benefits and lower glycemic index. For instance, in May 2022, according to the survey released by the International Food Information Council (IFIC), a US-based non-profit organization that provides science-based information on food safety, nutrition, and health, out of a survey of 1,005 Americans, 52% of Americans followed a diet or eating pattern in 2022, a notable rise from the previous year (39% in 2021). Moreover, the increase was mainly among those under age 50 with popular diets including clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based (12%). Therefore, rising health awareness among consumers is propelling the growth of the sourdough market.
Key Industry Players
Major companies operating in the sourdough market report are Lesaffre, Puratos, Lallemand Inc., IREKS GmbH, Alpha Baking Co., Boudin Bakery, La Brea Bakery, Macrina Bakery, Gold Coast Baking Company, Tartine Manufactory, GoodMills Group GmbH, King Arthur Baking Company Inc., Grandaisy Bakery, Ernst Böcker GmbH & Co. KG, Swiss Bake Ingredients Pvt. Ltd., Truckee Sourdough Company, Grand Central Bakery, The Essential Baking Company, Brolite Products Inc., Bread SRSLY, Cultures for Health Inc., Philibert Savours, Italmill SpA, German Bakehouse Group, Madison Sourdough, Dr. Otto Suwelack Nachf. GmbH & Co., Kampffmeyer Food Innovation GmbH, Fornax Bread Company
The sourdough market report table of contents includes:
1. Executive Summary
2. Sourdough Market Characteristics
3. Sourdough Market Trends And Strategies
4. Sourdough Market – Macro Economic Scenario
5. Global Sourdough Market Size and Growth
………..
32. Global Sourdough Market Competitive Benchmarking
33. Global Sourdough Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Sourdough Market
35. Sourdough Market Future Outlook and Potential Analysis
36. Appendix
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