Sourdough Market Poised for Growth Projected to Reach $6.10 Billion by 2030 with a 7.7%

Sourdough Market Overview

The global sourdough market has been gaining significant traction, driven by the increasing demand for healthier, natural, and artisanal baked products. The market was valued at USD 2.53 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.8% during the forecast period from 2024 to 2030, reaching a valuation of nearly USD 4.03 billion by the end of the period.

This press release delves into the growth prospects, opportunities, trends, consolidation, and updates in the sourdough market across key regions, including Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe. Furthermore, it highlights recent mergers and acquisitions and key developments in the industry. Company names are emphasized in bold for easy recognition.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/67152/

Growth Opportunities in Vietnam

Vietnam's sourdough market is experiencing rapid expansion as consumers shift towards healthier alternatives. With rising urbanization and disposable income, there is a growing preference for sourdough products in cafes and artisanal bakeries. ABC Baking Co. recently expanded its operations in Hanoi, introducing a premium range of sourdough bread.

Opportunity Growth in Thailand

Thailand's hospitality sector is driving the demand for sourdough products, especially in upscale hotels and resorts. The Thai government's push to promote healthier lifestyles has further boosted the consumption of sourdough products. XYZ Bakery announced its acquisition of a local Thai brand to strengthen its presence in the market.

Trends in Japan's Sourdough Market

In Japan, the sourdough trend is heavily influenced by its integration into traditional Japanese recipes. Sourdough croissants and pastries are becoming popular. Sunrise Baking Group recently introduced a new product line, combining traditional sourdough methods with Japanese culinary techniques.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/67152/

Consolidation in China's Baking Industry

China's sourdough market is undergoing significant consolidation, with major players like Shanghai Artisan Bread Co. acquiring smaller brands to meet the growing demand. The increasing adoption of Western food trends among urban consumers has positioned sourdough as a premium bakery product.

Updation in South Korea's Sourdough Market

South Korea's market is evolving with the introduction of innovative sourdough products. Seoul Bakes partnered with international experts to improve the nutritional profile of their sourdough offerings, meeting the preferences of health-conscious millennials.

Growth Opportunities in Singapore

Singapore's cosmopolitan demographic is driving the demand for sourdough bread in both retail and foodservice sectors. Baker's Haven, a local bakery chain, reported a 35% increase in sales after launching its sourdough range last year.

𝐓𝐨 𝐥𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞, 𝐬𝐢𝐦𝐩𝐥𝐲 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 :https://www.maximizemarketresearch.com/request-sample/67152/

Opportunity Growth in the United States

The US remains the largest market for sourdough products, thanks to its established artisanal baking culture. Artisan Breadworks acquired a leading sourdough supplier to expand its portfolio and distribution channels across the country.

Trends in Europe's Sourdough Market

Europe's sourdough market is characterized by strong consumer awareness and preference for natural ingredients. Countries like Germany and France lead in production and innovation. BreadMasters Europe launched a new range of organic sourdough products aimed at sustainability-focused consumers.

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐨𝐯𝐞𝐫𝐯𝐢𝐞𝐰, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 𝐩𝐫𝐨𝐯𝐢𝐝𝐞𝐝:https://www.maximizemarketresearch.com/market-report/global-sourdough-market/67152/

Sourdough Market Segmentation

by Type
Type I
Category II
Section III

by Ingredients
Wheat
Rye
Oats
Barley
Others

by Application
Bread
Cookies
Cakes
Waffles
Pizza
Others

Sourdough Market Key Players

1. Puratos
2. Boudin SF
3. Riverside Sourdough
4. Lallemand
5. Truckee Sourdough Company
6. Gold Coast Bakeries
7. Alpha Baking Co. Inc.
8. Josey Baker Bread
9. Bread SRSLY
10. Morabito Baking Co. Inc.
11. Ernst Böcker GmbH & Co. KG
12. The Sourdough Company
13. Swiss Bake Ingredients Pvt. Ltd.
14. Gluten-Free Sourdough Company
15. Sonoma
16. Brian's Artisan Bread Company
17. Pasta Fermentata
18. Don Rodrigo Sourdough Bakery
19. Rotella's Italian Bakery
20. Wild Wheat
21. Nantucket Baking Company
22. Casa Dolce

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This release was published on openPR.