Sourdough Trends and Forecast
The future of the global sourdough market looks promising with opportunities in the bread & bun, cookie, cake, and pizza markets. The global sourdough market is expected to reach an estimated $3.9 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are growing availability of artisanal and premium baked goods, rising consumer demand for healthier and natural options, and increasing demand for gluten-free products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Sourdough by Segment
The study includes a forecast for the global sourdough by type, ingredient, application, and region.
Sourdough Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Type I
• Type II
• Type III
Sourdough Market by Ingredient [Shipment Analysis by Value from 2018 to 2030]:
• Wheat
• Barley
• Oats
Sourdough Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Breads & Buns
• Cookies
• Cakes
• Pizza
• Others
Sourdough Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Sourdough Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sourdough companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sourdough companies profiled in this report include-
• Puratos
• IREKS
• Lallemand
• Lesaffre
• Goodmills
• Gold Coast Baking Company
• Boudin Bakery
Sourdough Market Insights
Lucintel forecasts that oats is expected to witness the highest growth over the forecast period due to growing consumer awareness of the health benefits of oats, such as high fiber content and gluten-free properties.
Within this market, cakes is expected to witness the highest growth due to increasing variety of sourdough-based cakes from manufacturers provides consumers with more choices.
Europe will remain the largest region over the forecast period due to rise in the popularity of healthy, gluten-free diets among people in developed areas, as well as, the amount of baked goods, like bread, that Europeans consume is higher.
Features of the Global Sourdough Market
Market Size Estimates: Sourdough market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sourdough market size by type, ingredient, application, and region in terms of value ($B).
Regional Analysis: Sourdough market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, ingredient, application, and regions for the sourdough market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sourdough market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the sourdough market size?
Answer: The global sourdough market is expected to reach an estimated $3.9 billion by 2030.
Q2. What is the growth forecast for sourdough market?
Answer: The global sourdough market is expected to grow with a CAGR of 8.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sourdough market?
Answer: The major drivers for this market are growing availability of artisanal and premium baked goods, rising consumer demand for healthier and natural options, and increasing demand for gluten-free products.
Q4. What are the major segments for sourdough market?
Answer: The future of the global sourdough market looks promising with opportunities in the bread & bun, cookie, cake, and pizza markets.
Q5. Who are the key sourdough market companies?
Answer: Some of the key sourdough companies are as follows:
• Puratos
• IREKS
• Lallemand
• Lesaffre
• Goodmills
• Gold Coast Baking Company
• Boudin Bakery
Q6. Which sourdough market segment will be the largest in future?
Answer: Lucintel forecasts that oats is expected to witness the highest growth over the forecast period due to growing consumer awareness of the health benefits of oats, such as high fiber content and gluten-free properties.
Q7. In sourdough market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to rise in the popularity of healthy, gluten-free diets among people in developed areas, as well as, the amount of baked goods, like bread, that Europeans consume is higher.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the sourdough market by type (type I, type II, and type III ), ingredient (wheat, barley, and oats), application (breads & buns, cookies, cakes, pizza, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Sourdough Market, Sourdough Market Size, Sourdough Market Growth, Sourdough Market Analysis, Sourdough Market Report, Sourdough Market Share, Sourdough Market Trends, Sourdough Market Forecast, Sourdough Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.