PUBLISHER: 360iResearch | PRODUCT CODE: 1500641
PUBLISHER: 360iResearch | PRODUCT CODE: 1500641
[188 Pages Report] The Sourdough Market size was estimated at USD 2.40 billion in 2023 and expected to reach USD 2.61 billion in 2024, at a CAGR 8.92% to reach USD 4.37 billion by 2030.
The global sourdough market encompasses the entire value chain of sourdough-based products, including production, distribution, and consumption. Sourdough is primarily used in the bakery industry as a leavening agent for baked goods such as breads, pastries, cakes, biscuits, and pizza crusts. Increasing consumer preferences for healthier food options, owing to emerging health & wellness trends and growing demand for clean-label food products, are driving growth in this market. Price sensitivity among consumers and the need for awareness of the benefits of sourdough in certain regions could also impact market growth. However, the market faces several challenges, such as shelf life and freshness issues with sourdough, which hinder mass-production efforts in commercial bakeries. Research suggests that individuals with gluten-related disorders may better tolerate sourdough products, creating growth opportunities for the market. Collaboration with nutritionists and food scientists leads to sourdough-based products catering to specific dietary needs or featuring functional ingredients with added health benefits. Exploring novel packaging solutions that enhance product freshness without compromising quality or taste would address distribution-related challenges within this market segment.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 2.40 billion |
Estimated Year [2024] | USD 2.61 billion |
Forecast Year [2030] | USD 4.37 billion |
CAGR (%) | 8.92% |
Regional Insights
In the Americas, especially North America, the demand for sourdough bread is rising significantly due to changing consumer preferences toward healthier and artisanal food options. The growing awareness about the benefits of fermented foods has contributed to this trend. The United States is currently dominating the market share in this region, with many artisan bakeries producing sourdough bread. The EMEA region features a mature sourdough market with strong historical ties to traditional bread-making practices. European countries such as France, Italy, and Germany have long-standing associations with artisanal baking techniques, including sourdough starters. These nations continue to dominate the European market due to well-established bakery production and distribution infrastructure. Furthermore, there is an emerging demand for specialized gluten-free products within this region, which can be met by incorporating gluten-free grains into sourdough recipes. The Middle East and African markets show assurance for growth based on rising consumer awareness about the health benefits of sourdough products.The Asia Pacific region has a burgeoning interest in sourdough as consumers become more experimental with their food choices. Although traditional bread consumption remains low compared to Western countries, an expanding middle class and increasing exposure to global food trends have opened up new opportunities for artisanal bread options such as sourdough. The adoption of Western-style diets among young professional populations demonstrates the potential for further market expansion, particularly in affluent urban centers across China, India, Japan, South Korea, and Australia, where demand for premium bakery products is growing rapidly.
Market Insights
The market dynamics represent an ever-changing landscape of the Sourdough Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
FPNV Positioning Matrix
The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Sourdough Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Sourdough Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Recent Developments
Tangy secret: Scientists find 21 key flavor compounds behind sourdough bread's unique smell and taste
Scientists at the Technical University of Munich have used sensomics to identify 21 crucial flavor compounds in sourdough bread crumbs. This breakthrough allows bakers to have better control over the quality of their sourdough, ensuring that it does not become excessively sour. The study also suggests a novel approach for reducing salt content while maintaining the desired taste. [Published On: 2023-08-18]
Brakes Launches New Artisan Sourdough Bread Range
Brakes, the leading food service wholesaler in the UK, has recently introduced a selection of artisan sourdough breads as part of its La Boulangerie brand. The entire range is produced using traditional techniques, with no usage of yeast or other commercial ingredients. The collection star is the Sourdough half boule, made with just three simple ingredients including flour, water, and salt. [Published On: 2023-03-22]
KETTLE launches non-HFSS Bread Bites range
KETTLE has introduced its new Bread Bites range, featuring Naan, Focaccia, and Sourdough Bites, which undergoes triple-baking with authentic ingredients to ensure a distinctively crunchy texture and delicious taste. All products are Non-HFSS, allowing retailers to offer customers healthier options in compliance with upcoming regulations. [Published On: 2022-03-17]
Strategy Analysis & Recommendation
The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Sourdough Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
Key Company Profiles
The report delves into recent significant developments in the Sourdough Market, highlighting leading vendors and their innovative profiles. These include Alpha Baking Co., Inc., Bageriet Brod, Bakels Group, Baking Lab, Boudin Bakery, EMU AG, Ernst Bocker GmbH & Co. KG, Impossible Foods LLP, IREKS Group, Lallemand Inc., Lesaffre & CIE, Pandriks Bake Off B.V., Pasta Fermentata, Philibert Savours SAS, POILANE, Portland French Bakery, Puratos Group, Real Bread and Food Company, Sour House, Sourdoughs International LLC, Sun Realty & Insurance Corporation, Swiss Bake Ingredients Pvt. Ltd., The Bread Factory Limited, Truckee Sourdough Company, and United States Bakery.
Market Segmentation & Coverage