The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.
The Sourdough Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Sourdough Global Market Report 2024, 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%.
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.
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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
Top Major Players
Lesaffre,
Puratos,
Lallemand Inc.,
IREKS GmbH,
Alpha Baking Co.
The sourdough market report table of contents includes:
1. Executive Summary
- Sourdough Market Characteristics
- Sourdough Market Trends And Strategies
- Sourdough Market – Macro Economic Scenario
- Global Sourdough Market Size and Growth
- Sourdough Market Segmentation
- Sourdough Market Regional And Country Analysis
……………….
- Key Mergers And Acquisitions In The Sourdough Market
- Sourdough Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Sourdough Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Sourdough Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Sourdough Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………..
Table 74: Lesaffre Financial Performance
Table 75: Puratos Financial Performance
Table 76: Lallemand Inc. Financial Performance
Table 77: IREKS GmbH Financial Performance
Table 78: Alpha Baking Co. Financial Performance
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