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Sourdough Market Insights: Key Players, Innovations, and Future Projections

11-05-2024 10:02 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

MarketsandMarkets™

Sourdough Market by Type (Type I, Type II and Type III), Application (Bread & Buns, Cookies, Cakes, Pizza), Ingredients (Wheat, Barley, and Oats), and Region (North America, Europe, APAC, South America, RoW) - Global Forecast to 2029
The [https://www.marketsandmarkets.com/PressReleases/sourdough.asp?utm_source=paidpr&utm_medium=sourdough-market&utm_id=abnewswire.com] is experiencing significant growth, with projections indicating it will reach USD 3.8 billion by 2029, up from a 2024 valuation of USD 2.5 billion, reflecting a robust Compound Annual Growth Rate (CAGR) of 9.2%. Research continues to underscore the benefits of sourdough, including enhanced nutritional value, unique flavor profiles, and the absence of artificial additives. This surge is largely driven by a revival in artisan bread-making, especially in developed regions like North America and Europe, where interest in traditional baking techniques is on the rise. The appeal of artisanal sourdough and its distinct qualities has also inspired a wave of home bakers globally, further fueling market growth.

Image: https://www.marketsandmarkets.com/Images/sourdough-market.jpg

The recent surge in sourdough bread's popularity can be attributed to its unique fermentation process, which improves digestibility and reduces gluten content. This has attracted health-conscious consumers and individuals with mild gluten sensitivities. To meet this growing demand, companies are increasingly incorporating sourdough products into their offerings, aiming to align with evolving consumer tastes and preferences.

[https://www.globenewswire.com/en/news-release/2023/08/14/2724104/0/en/Global-Sourdough-Market-Size-Share-Industry-Trends-2028-MarketsandMarkets.html]

The sourdough market has been experiencing significant growth, driven by increasing consumer demand for natural and artisanal bread products. Here's an overview of the current trends, drivers, challenges, and opportunities within the sourdough market:

Market Drivers

Consumer Preferences: A shift towards clean-label products with minimal ingredients and natural fermentation processes is driving demand for sourdough.

E-commerce Growth: The rise of online grocery shopping has made sourdough more accessible to consumers who prefer to purchase specialty breads from the comfort of their homes.

Culinary Trends: Sourdough is increasingly featured in restaurants and foodservice, appealing to food enthusiasts looking for unique flavors and textures.

Challenges

Production Costs: The traditional sourdough-making process can be labor-intensive and time-consuming, leading to higher production costs compared to commercially yeasted bread.

Shelf Life: Sourdough bread tends to have a shorter shelf life due to the absence of preservatives, which can impact distribution and retail strategies.

Consumer Education: While many consumers are drawn to sourdough, there is still a need for education regarding its preparation and storage to maximize freshness and flavor.

Opportunities

Expansion into New Markets: Growing interest in sourdough in regions beyond its traditional bases, such as Asia and South America, presents opportunities for growth.

Product Diversification: Innovations such as sourdough wraps, pizza bases, and snacks can expand product lines and appeal to a broader audience.

Collaboration with Health Brands: Partnerships with health-focused brands can help position sourdough products as functional foods, further tapping into the health-conscious consumer segment.

[https://www.prnewswire.com/news-releases/sourdough-market-worth-3-5-billion-by-2028--exclusive-report-by-marketsandmarkets-301883727.html]

The sourdough market has been experiencing notable trends influenced by various consumer preferences and market dynamics. Here are some key trends shaping the sourdough market:

Health and Wellness Focus: Consumers are increasingly seeking healthier food options, driving the demand for sourdough due to its perceived health benefits, such as better digestibility, lower glycemic index, and the presence of probiotics.

Artisanal and Craft Bread Popularity: There is a growing preference for artisanal products, with consumers valuing handcrafted, high-quality bread. This trend is leading to an increase in small bakeries and local brands specializing in sourdough.

Ingredient Transparency: As consumers become more ingredient-conscious, there is a demand for transparency regarding the sourcing and quality of ingredients used in sourdough production. Many brands are emphasizing organic, non-GMO, and locally sourced ingredients.

Variety and Innovation: The sourdough market is witnessing innovation in flavors and types, including gluten-free options, different grains (such as whole wheat, rye, or spelt), and the incorporation of seeds and nuts, appealing to a wider range of dietary preferences.

Convenience and Ready-to-Eat Products: The rise of ready-to-eat and pre-packaged sourdough products caters to busy lifestyles, with offerings such as sourdough bread, buns, and pizzas gaining popularity in retail outlets.

Sustainability: There is an increasing emphasis on sustainable baking practices, including the use of eco-friendly packaging and waste reduction methods, appealing to environmentally conscious consumers.

In the application segment, bread and buns dominated the market during the study period.

The use of sourdough in bread and buns has transformed the bakery industry, creating substantial growth opportunities in the global sourdough market. Driven by global trends favoring healthier, natural food options, sourdough has gained significant traction worldwide. This popularity has attracted established bakeries seeking to enhance their product lines and inspired numerous startups and entrepreneurs to introduce a diverse array of sourdough-based breads and buns to cater to varying consumer tastes. With bread as a staple food in many developed countries, increasing populations and rising health consciousness are further boosting the demand for sourdough in bread and bun production, fueling overall market growth.

European Region Leads the Sourdough Market Throughout the Study Period.

Europe's high per capita consumption of bread and bakery products, averaging 57 kg, underscores the region's strong preference for these staples. To meet rising demand, the European bakery market has returned to growth after years of decline, showing gains in both sales and new product launches. This positive trend highlights a growing consumer interest in healthier, authentic options like sourdough. Alongside increased consumption, the market value and volume of cakes, pastries, and sweet goods are on the rise, aligning with sourdough's artisanal and gourmet appeal and further driving its potential for expansion in Europe. As consumers seek a wider variety of premium bakery products, sourdough's authentic and high-quality reputation positions it well in the European market. Additionally, Europe's significant role as both an exporter and importer of bakery products reflects a dynamic market landscape, providing ample opportunities for the growth and international reach of sourdough offerings and supporting the ongoing expansion of the sourdough market.

Top Sourdough Companies [https://www.marketsandmarkets.com/ResearchInsight/sourdough-market.asp?utm_source=paidpr&utm_medium=sourdough-market&utm_id=abnewswire.com]:

The key players in the sourdough market include Puratos (Belgium), AB Mauri (United Kingdom), IREKS GmbH (Germany), Lallemand (Canada), Lesaffre (France), Boudin Bakery (US), Goodmills (Australia), and Bake With Brolite (US). These market participants are increasing their market presence via product launches. They maintain a robust presence in North America, Asia Pacific, South America, RoW, and Europe, and they are supported by manufacturing facilities and well-established distribution networks spanning these regions.

Puratos is an international group that operates in the bakery, patisserie, chocolate, and health & well-being sectors. Puratos serves customers in over 100 countries around the world, catering to artisans, retailers, and industrial and food service companies. With a global presence, Puratos operates across various segments of the food industry, offering a full range of products and services. Their expertise encompasses bakery products, patisserie creations, and chocolate applications. They work closely with their customers to meet their specific needs and enable them to thrive in their respective markets.

In the sourdough market, Puratos offers innovative food ingredients and services to support businesses in the bakery segment. Sourdough is one of the key areas of focus for Puratos, alongside their offerings in patisserie, chocolate, and health & well-being. The company leverages its expertise and experience gathered from diverse food cultures worldwide to develop new opportunities and solutions for its customers.

Lallemand, a privately held Canadian company, specializes in the development, production, and marketing of yeasts, bacteria, and their derivatives. With a diverse range of microbiological solutions, Lallemand serves various industries, including human and animal health, nutrition, baking, enology, brewing, food ingredients, probiotics, and biofuels. The company's Baking Yeast business unit focuses specifically on providing yeast solutions for bakery applications, including sourdough production. Lallemand's extensive bank of genetically identified strains allows them to offer precise microorganisms tailored to meet the unique requirements of sourdough fermentation. Lallemand's microbial solutions can enhance and optimize the natural fermentation process in sourdough production. By providing specific strains of yeasts and bacteria, Lallemand assists bakeries in achieving the desired flavor, texture, and extended shelf-life characteristic of high-quality sourdough bread. Lallemand serves customers across numerous countries, spanning North America, Europe, Asia, South America, and Africa. The company's presence enables them to meet the diverse needs of the global sourdough market.

Sourdough Industry [https://www.marketsandmarketsblog.com/sourdough-market-size-industry-share-forecast-2028.html] News:

In May 2024, Puratos launched "Sapore Lavida" which is a first completely traceable sourdough produced at its Belgium facility. It is produced with wholewheat flour acquired through regenerative agriculture techniques to cater to the growing demand for sustainability. This launch also signifies the start of the ongoing partnership between Puratos and various farming cooperatives, which are formed to gather key insights into regenerative agriculture to aid in enhancing the sustainability of the wider bakery industry.

In May 2024, AB Mauri launched three new Aromafer sourdough pastes in the UK market. Through this launch has company has expanded its wide portfolio of sourdough ingredients to cater to the growing demand of consumers.

In September 2023, Lesafffre Nordic launched a new product range named Zavarka which is scalded to produce a distinctive taste profile. The company launched 3 products under this namely Zavarka Oat, Zavarka Barley, and Zavarka Wheat. Through this, Lesafrre aims to strengthen its presence in the Nordic region.

Key Questions Addressed by the Sourdough Market Report [https://www.marketsandmarkets.com/Market-Reports/sourdough-market-212823308.html?utm_source=paidpr&utm_medium=sourdough-market&utm_id=abnewswire.com]:

Which are the major companies in the Sourdough market? What are their major strategies to strengthen their market presence?

What are the drivers and opportunities for the sourdough market?

Which region is expected to hold the highest market share?

What kind of information is provided in the company profile section?

What is the expected total CAGR for the sourdough market from 2024 to 2029?

About MarketsandMarkets Trademark

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Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

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Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
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