Sourdough Market Revenue Drivers, Growth Opportunities, Value Chain Analysis and Forecast Research Report
“The global sourdough market size was valued at USD 2.4 billion, in 2018. Growing consumers’ inclination towards tastier, healthier, and natural products has led to a rise in demand for conventional products.”
The global sourdough market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development. Market Overview: The global sourdough market size is anticipated to touch USD 3.5 billion by 2025, according to a new report by Million Insights. The market is estimated to ascend at a CAGR of 5.7% and is likely to see huge demand for bread over the next few years. The growing popularity of gluten-free products, especially bread, is estimated to propel the demand for the product over the forecast period. Growing intolerance of gluten products is positively attributing to the growth of the market. Technological advancements have further led to the rise in demand for gluten-free products. Recently, fermented products production has been on the rise. Further, there has been significant growth in craft breweries that focuses on digestive health. Thereby, sourdough is likely to witness considerable growth over the next few years. The consumption of the bread segment is fueled by the growing demand for a stronger flavor. Sourdough Market Share Insights Owing to the presence of a large number of manufacturers, the market is competitive in nature. Major players operating in the market are Riverside Sourdough, Puratos, Truckee Sourdough Company, Alpha Baking Co. Inc., Morabito Baking Co. Inc., Truckee Sourdough Company, Gold Coast Bakeries, and Boudin SF among others.