Global Sourdough Markets Report 2020: Bread, Cake, Pizza, Waffles, Others - Forecasts to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 24, 2020--
The “Sourdough Market - Forecasts from 2020 to 2025” report has been added to ResearchAndMarkets.com’s offering.
Sourdough market is expected to grow at a compound annual growth rate of 10.17% over the forecast period to reach a market size of US$1,762.239 million in 2025 from US$985.376 million in 2019.
Covid-19 Pandemic has changed the lives of people worldwide. This has also made a significant impact on the choice of consumer needs, lifestyle, and preferences. The supply chains were severely impacted, and people were purchasing essential commodities only. But there was also a positive change as more people were experimenting with the novel types of food, trying to learn novel and new things to pass their time.
The bakeries have seen a substantial surge in their sales as more people are flocking to purchase the bread. With the surge in technology, more people are taking online classes, with the chefs and experts worldwide providing online lessons. The demand for healthier food has risen during the pandemic as individuals want to stay healthier and fit. Healthier products also have a positive impact on immunity. With the sourdough bread providing better and nutritious properties than the yeast-based conventional bread, it has registered a significant demand during the pandemic. The individuals who are suffering from various diseases have benefited because of the demand.
Social media has also made a major impact as people have to started to engage more in social media networks. There has been a widespread surge in the demand for gluten-free food and products which made a positive impact on the Sourdough bread industry. Consumers tend to move towards a gluten-free diet as there are a lot of healthier and nutritious benefits. Gluten causes skin allergy, gastrointestinal allergy, celiac diseases, and others.
San Francisco sourdough bread is the most famous type in the United Sates. It was introduced from Europe at the time gold rush in California. The production method is claimed to be the same for over 150 years. The sourdough market has a significant presence worldwide. The bread has a pronounced flavor and contains lesser additives as compared to the other conventional bread. Europe has a significant share in the market. The traditional method for the production has declined and has made considerable changes with the introduction of yeast in it. But The experts and specialists are still using the traditional method world-wide.
The European regulations have also made an impact by protecting the use of traditional methods in various European countries. The regulations are being to some of the methods and products such as PDO (protected designation of origin), which is given to the Pagnotta del Dittaino and Pane di Altamura, both of which are produced in Italy. Based on geographical location, Pan de Cruz de Ciudad Real, Apan de Cea, Pane di Matera, Pane di Genzano have been protection through regulations and these bread can only be leveled by the traditional Sour-dough method.
The usage of Rye flour is predominant in Northern Europe and is countries such as Germany, the USA, Russia, as the flour docent contain gluten ingredients in it. The preservation of the culture of the bread is imperative as it is a major reason for the surge of demand. There has been a widespread surge in the Asian Region with the countries such as India, China and Japan have a major share in the market.
- Type I
- Type II
- Type III
By Distribution Channel
- United Kingdom
- Saudi Arabia
- South Africa
- Asia Pacific
- Truckee Sourdough Company
- Gold Coast Bakeries
- Alpha Baking Co. Inc.
- Josey Baker Bread
- Boudin SF
- Riverside Sourdough
- Morabito Banking Co. Inc.
- Bread SRSLY
For more information about this report visit https://www.researchandmarkets.com/r/5gqozp
View source version on businesswire.com:https://www.businesswire.com/news/home/20201224005069/en/
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INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2020.
PUB: 12/24/2020 04:53 AM/DISC: 12/24/2020 04:53 AM