PUBLISHER: Market Research Future | PRODUCT CODE: 1540760
PUBLISHER: Market Research Future | PRODUCT CODE: 1540760
Global Sourdough Market Research Report Information By Product Type (Type I, Type II, And Type III), By Form (Dry, and Liquid), By Source (Wheat, Rye, Oats, and Barley), By Category (Organic, and Regular), By Application (Bread Products, Pizza & Pizza Crust, Cakes & Pies, and Others), By Distribution Channel (Store-Based and Non-Store-Based) and By Region (North America, Europe, Asia-Pacific, and Rest of the World) - Forecast Till 2032
The sourdough market was estimated at USD 2,833.65 million in 2023. The sourdough industry is expected to expand from USD 3,156.39 million in 2024 to USD 6,900.13 million by 2032, with a compound annual growth rate (CAGR) of 10.27% throughout the projection period.
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Marketing Segmentation
The Sourdough Market is divided into three product types: type I, type II, and type III.
The market is classified as dry or liquid according to its form. Wheat, rye, oats, and barley are among the market segments classified by source.
The Sourdough Market is segmented by distribution channels, which include store-based and non-store-based. Organic and regular are the categories used to segment the market.
Regional insights
Europe's Sourdough market has the greatest market share (41.70%) in 2022 and is predicted to grow at a CAGR of 9.95% due to rising demand for bakery products. The North American sourdough industry is expanding and changing rapidly, owing to shifting consumer preferences. As a major player in the worldwide Sourdough business, Europe has seen an increase in the production and consumption of a variety of sourdough products. Furthermore, the UK sourdough market had the highest market share, and the UK sourdough industry was the fastest-growing market in Europe.
The North American Sourdough market is estimated to increase at a CAGR of 11.04% between 2022 and 2032. The North America sourdough market is being explored in the United States, Canada, and Mexico. The North American sourdough business is predicted to expand due to rising customer demand for artisanal and tasty bread options. Sourdough, with its characteristic sour flavor and textured crust, has become a regional culinary mainstay.
The Asia-Pacific Sourdough market is a vibrant and rising sector that spans China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. Sourdough, which has historical origins in Western baking traditions, has made considerable inroads into the Asian-Pacific market, enticing consumers who value the intricacies of organically fermented bread.
Key companies in the sourdough market include Puratos (Belgium), IREKS GmbH (Germany), Lesaffre (France), BOCKER (Germany), The Acme Bread Company (USA), BOUDIN BAKERY (USA), Truckee Sourdough Company (USA), Alpha Baking Company, Inc. (USA), Mount Sourdough Co. (New Zealand), and Bread SRSLY (USA).