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Sourdough Market is Projected to Reach $3.5 billion in 2028

07-24-2023 01:36 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Markets and Markets

Sourdough Market is Projected to Reach $3.5 billion in 2028

The Sourdough market is experiencing substantial growth, projected to reach USD 3.5 billion in 2028, with a CAGR of 9.0%. This surge is primarily driven by the increasing consumer demand for healthier and more natural food options. As people prioritize their well-being, they are seeking alternatives to processed and artificial ingredients, making sourdough an appealing choice due to its natural fermentation process and potential health benefits. Additionally, the trend of exploring unique flavors has contributed to the popularity of sourdough bread known for its tangy taste and distinct aroma.

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Type II sourdough, which incorporates additional ingredients or variations, is gaining popularity among consumers due to its diverse flavor profile. The inclusion of added grains, fruits, or sweeteners in Type II sourdough satisfies the demand for enhanced taste experiences and indulgent flavors.

Moreover, there is a growing trend of using gluten-free dough made from oats in all applications, including bread and buns, cakes, cookies, and pizza. This trend is driven by the increasing awareness of gluten intolerance and the demand for gluten-free alternatives. Oats, being naturally gluten-free, provide a nutritious and wholesome option for those with gluten sensitivities or celiac disease, making them a dominant force in the sourdough market.

In terms of regional growth, the Asia Pacific region shows the highest prospects for the Sourdough market in 2023. Factors contributing to this growth include rapid urbanization, an expanding middle class, and increasing health consciousness. Consumers in the region are becoming more aware of the benefits of sourdough, and the popularity of artisanal and gourmet bread products is rising. Moreover, the region's agricultural abundance allows for the cultivation of high-quality grains and ingredients, supporting the production of premium sourdough products.

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Key players in the Sourdough market include Puratos, IREKS GMBH, Lallemand Inc., Lesaffre, BOUDIN BAKERY, Goodmills, and Bake With Brolite. These companies are driving innovation and meeting the increasing demand for sourdough products globally.

In summary, the Sourdough market is witnessing significant growth due to consumers' preference for healthier and more natural food options, the rising popularity of Type II sourdough, and the increasing trend of gluten-free dough made from oats. Asia Pacific stands out as a promising market with its shifting consumer preferences, expanding urbanization, and favorable agricultural conditions.

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/sourdough-market-212823308.html

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https://www.marketsandmarkets.com/Market-Reports/meat-substitutes-market-979.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

About MarketsandMarkets™

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