Global Sourdough Market is valued approximately at USD XX Million in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Presence of lactobacillus and wild yeast makes sourdough-based baking products a healthier alternative to those made using regular dough. These products are easily digestible. Rising health awareness, growing preference for gluten-free products and technological advancements happening in the sector are fueling demand in the market. For instance, according to Statista, sales share of gluten-free baked goods worldwide is estimated to increase from 26.85% in 2018 to 29.25% in 2022. Furthermore, new product launches by market players and rising prevalence of gluten intolerance around the world are expected to boost the demand during forecast period. In April 2021, Bertinet Bakery launched a ’category first’ artisan sliced sourdough. According to the company, the sourdough has a softer ’sandwich friendly’ texture that stays fresh for the longer period without any additives. However, high price of sourdough-based bakery products and availability of substitutes are expected to hamper the market growth in coming years.
Among Asia Pacific, North America, Europe, Latin America, and Rest of the World, Europe is leading the market in terms of revenue owing to rising health awareness in the region coupled with tradition of consuming sourdough bread in the regions such as Germany. Whereas, Asia Pacific is expected to grow with the highest growth rate during forecast period, due to presence of abundant native and ancient varieties of wheat in India and growing demand for baked products free of preservatives.
Major market player included in this report are:
Ernst B?cker GmbH & Co. KG
GoodMills Group GmbH
Truckee Sourdough Company
Gold Coast Bakeries
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Sourdough Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers