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SOURDOUGH MARKET ANALYSIS

Sourdough Market, By Type (Type I, Type II, and Type III), By Application (Bread, Cookies, Cakes, Waffles, Pizza, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

  • Published In : Jun 2024
  • Code : CMI3408
  • Pages :120
  • Formats :
      Excel and PDF
  • Industry : Food and Beverages

Sourdough Market Size and Trends

The sourdough market is estimated to be valued at USD 2.50 Bn in 2024 and is expected to reach USD 4.52 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.8% from 2024 to 2031.

Sourdough Market Key Factors

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An increasing number of health-conscious consumers and rising demand for bread with lower glycemic index are driving the demand for sourdough bread. The sourdough market is witnessing positive trends with growing consumer preference for nutritious and healthy food products. Rising awareness about the various health benefits of sourdough such as easy digestibility, higher nutritional value, and probiotic qualities is further fueling the consumption of sourdough bread and bakery products. The market is expected to grow steadily during the forecast period supported by the increasing demand from developed markets in North America and Europe.

Rising Interest in Homemade Foods

More consumers are becoming interested in preparing fresh and homemade food themselves rather than relying on prepackaged or restaurant meals. The pandemic especially drove many people to experiment more in the kitchen as dining options were limited. Sourdough bread making saw a rise in popularity as it presented an engaging challenge for bakers to nurture and care for their starter over multiple feedings and bakes. Home baking became a creative outlet and comforting activity for many coping with lockdowns and stress. As people had success with their first loaves, they were eager to continue perfecting their skills and trying new variations. The satisfaction of consuming a loaf they made entirely from scratch was very rewarding compared to typical store-bought options. This interest is expected to remain even as restrictions ease as home bakers have grown to appreciate the artisanal qualities and flavors homemade bread can have over mass-produced varieties.

Sourdough Market Concentration By Players

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Expanding Bread Options

While many consumers still prefer standard white sandwich bread for convenience, numerous people seek out specialty breads to mix up their meals or pair with charcuterie boards and cheeses. Artisanal bakeries and supermarkets have responded by expanding their selections to include breads made with unusual grains, seeds, or added mix-ins. Sourdough offers an appealing option due to its tangy and complex taste profile compared to quicker yeast breads. Bakeries can produce unique loaves by varying the type of flour, length of fermentation, or additions blended into the dough like olives, herbs, or nuts. As demand increases, even more experimental breads will emerge. Home bakers especially relish the creativity of sourdough to invent new flavors. Its versatility makes it suitable for any meal from breakfast toast to burger buns. As consumers continue embracing diverse breads, sourdough ensures bakeries and home bakers have room for ongoing product development.

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