The sourdough market brewing new growth
scopes: The bakery industry’s indulgence in natural bacterial culture
The
Resurgence Of Sourdough Setting New Parameters For Modern Bakery:
The sourdough market is budding with
recent re-popularity conjured up due to the realization of the hard-to-digest
artificially processed bakery goods. The most convenient food biotechnology,
sourdough culture is transforming the industrial bread-making process which is
allegedly impacting gut health. Additionally, the growing trend and high
preference for healthy natural foods are disrupting the sourdough market demand
in recent years. With higher nutritional content and simplistic yet effective
fermentation caused by naturally occurring bacteria instead of industrial
yeasts has triggered consumer interest. Besides, the sourdough incorporation is
claimed to reduce the phytic acid content in food which can interfere with the
natural digestive activity. Offering a natural tangy flavor to the resulting
food products, sourdough culture has also opened up new scopes for the bread
industry to proliferate their business footprint. Currently, as the organic
trend has rapidly captured the attention of the health-conscious population
worldwide, the sourdough market is simultaneously experiencing propelling
growth prospects. This will eventually elevate aided by the government
standards on organic food products in the forthcoming years creating better
scopes for the sourdough OEMs to generate huge profits. Concurrently, the
global sourdough market is anticipated to increase at a 6.7% CAGR during the
forecast period of 2019-2025. Also, this market leveraged a revenue of $2.5
billion in 2018 induced by the re-emergence of the bread industry in the global
market.
Bread
Industry And Europe’s Dominance Ensuring Healthy Economy:
Levain bread and rye bread that are leavened by sourdough are already popular in the northern part of Europe. The macroeconomic bakery industry is
exploiting a healthy section of the net sourdough production across the world.
This marks a better scope for the sourdough market to gain a huge demand hike
which resultantly increases its global footprint and the economic output. The
key application segment for sourdough remains the bread manufacturing which
will experience a CAGR of 5.7% through to 2025. The US bakery industry is
facing huge success and acquires an annual economy of $153 billion currently.
However, the bakery industry in Europe has set a comeback to the current bakery
business and is emerging as one of the key regions for the sourdough market
expansion. The second-largest food sector in the European Union, the UK bread
industry has an annual turnover of over 4.32 billion which places it in an
advantageous position for the ongoing sourdough business. Moreover,
Europe is rapidly exploring newer possibilities with the organic food drive
enforced by government regulations in this region. The EU, recently, passed a
legislation supporting the consumer interest towards organic products which
will be effective from January 2021. This
will offer a radical boost to the sourdough market in this region.
Furthermore, owing to the hike in artisanal bakers and the introduction of
specialty bakery products in this region, Europe contributed a regional share
of 33.6% to the global sourdough market.
Major
Players In The Global Sourdough Market:
The sourdough market share is actively
upheaved by the constantly growing business of the key companies. With
investment in R&D activities and adopting new techniques, these major
players carve an important place in the global sourdough market. Some of these
pioneers include Truckee Sourdough Company, Puratos, Riverside Sourdough,
Lallemand, Alpha Baking Co. Inc., Josey Baker Bread, Gold Coast Bakeries, Bread
SRSLY, Boudin SF, Morabito Baking Co. Inc., and others.
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Related
Reports:
A. Europe Bakery
Market
https://www.industryarc.com/Report/18301/europe-bakery-market.html
B. Food Leavening
Agent Market
https://www.industryarc.com/Report/17828/food-leavening-agent-market.html
C. Yeast Market
https://www.industryarc.com/Report/7476/yeast-market-analysis.html
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