Home Press Releases Sourdough Market Size Worth $2.74 Billion By 2028 | CAGR: 4.1%

Sourdough Market Size Worth $2.74 Billion By 2028 | CAGR: 4.1%

The global sourdough market size is expected to reach USD 2.74 billion by 2028 according to a new study by Polaris Market Research. The report “Sourdough Market Share, Size, Trends, Industry Analysis Report, By Type (Type I, Type II, Type III); By Application (Breads, Cookies, Cakes, Waffles, Pizza and Others); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

The factors such as increasing preference for gluten-free diet and healthy fermented food among public are expected to drive market growth. Consumption of fast foods such as pizza has increased even in the emerging economies due to rapid urbanization. Increased awareness of such foods will provide a great opportunity for the accelerated growth of the industry in the coming years.

 

Gluten intolerance is increasing in people across the globe, leading to gastrointestinal allergies. People with celiac disease and skin allergies avoid gluten-based foods. In the U.S. alone, more than 3 million people are affected by celiac disease, and it is estimated 6 to 7% of the people may be gluten sensitive, accounting for around 20 million people. This is expected to significantly contribute to the growth of the industry due to increased gluten-free food consumption. Fermented foods are known to enhance immunity and digestive health, and there is an increasing shift among people to take natural and healthy food. This dough is known to have a low GI index which will reduce the risk of diabetes.

 

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Sourdough is a fermented food produced using yeast and lactobacilli and has applications in various baked food products and fast foods such as breads, waffles, pizza, cookies, and cakes. It is widely used in bread preparation. In 2021, World’s first sourdough-based whiskey was launched by the Westward Whiskey, and these developments are expected to increase the applications of product across the globe.

 

Many new developments have taken place in the global market, including new product launches, mergers and acquisitions. For instance, in January 2021, Puratos acquired Russian-based Ruskhleb, which will help Puratos to capitalize on the increasing preference for sourdough breads among consumers in Russia. The acquisition will help Puratos to produce sourdoughs locally in Russia by utilizing 3,700 square meters of the R&D facility of Ruskhleb equipped with modern production lines.

 

Major Participants such as Alpha Baking Co. Inc., Boudin SF, Bread SRSLY., Gold Coast Bakeries, Josey Baker Bread, Lallemand, Lesaffre Group, Morabito Baking, Mount Sourdough Co., Pan’Artisan, Philibert Puratos, Riverside Sourdough, Speciality Breads Ltd, Truckee Sourdoughare some of the key players operating in the global market. 

 

Polaris Market Research has segmented the sourdough market report on the basis of type, application, and region:

 

Sourdough, Type Outlook (Revenue – USD Million, 2016 – 2028)

  • Type I
  • Type II
  • Type III

Sourdough, Application Outlook (Revenue – USD Million, 2016 – 2028)

  • Breads
  • Cookies
  • Cakes
  • Waffles
  • Pizza
  • Others

Sourdough, Regional Outlook (Revenue – USD Million, 2016 – 2028)

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Austria
    • Netherlands
  • Asia Pacific
    • China
    • Japan
    • India
    • Indonesia
    • Malaysia
    • South Korea
  • Latin America
    • Brazil
    • Argentina
    • Mexico
  • Middle East and Africa
    • Israel
    • Saudi Arabia
    • South Africa
    • UAE

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