Sourdough Market is Expanding Rapidly with Promising Growth Prospects
The sourdough market is anticipated to expand at a compound annual growth rate (CAGR) of 6.3% over the forecast period. According to projections, the market value will rise from US$ 213.8 million in 2022 to US$ 365.2 million in 2032.
Western Europe continues to the largest market for sourdough, accounting for nearly 38% share of total revenues in 2022. Adoption of sourdough in Western Europe food manufacturing units continues to remain strong.
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Future Market Insights estimates the Western Europe sourdough market to increase at a CAGR of 7.1% through 2032. In terms of revenues, the market is projected to grow 2X from its 2022 market valuation of US$ 1.21 Bn. In terms of volume, over 552 thousand tonnes of sourdough was sold in 2022; FMI estimates it to reach over 975 thousand tonnes in 2032.