Sourdough Market

Sourdough Market

Sourdough Market: Will North America Defeat Current Market Leader Western Europe in Terms of Revenue Contribution? - Global Industry Analysis and Opportunity Assessment 2016-2026

  • XPLREP5065

  • March, 2019

  • 220 Pages

  • Food

While drafting a new report on the global sourdough market, XploreMR analysts have observed that leading market players are focussing on two key strategies namely acquisitions and new product development. The report titled “Sourdough Market: Global Industry Analysis and Opportunity Assessment 2016-2026” presents a comprehensive forecast of the global sourdough market for a 10 year period 2016 – 2026. Our analysts have further observed that several manufacturers are entering markets in newer regions through an acquisition of major regional firms. Most acquisitions are focussed on expanding brand presence in emerging regions such as South Africa and Brazil. Companies are also focussing on producing organic and gluten free products with particular emphasis on supplies to craft and in-store bakeries. We have observed that the bread segment accounts for a significant share of the global sourdough market revenue, which is likely to register a high growth rate as sourdough can be used to prepare a wide variety of breads. Our analysts have also noticed that increasing consumer demand for healthy and tasty foods is fuelling revenue contribution of the waffles and pancakes segment. 

The primary objective of the report is to offer insights on the advancements in the global sourdough market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the global sourdough market over the forecast period. After studying the market in detail, we have found that Western Europe accounts for a relatively high revenue share contribution in the global market and is anticipated to witness significant growth over the next decade. On the other hand, North America accounts for a significant market share and represents high consumer demand for sourdough based food products. Our report also discusses the overall competitive landscape of the global sourdough market. 

We have presented clear growth rate projections and forecast factors in our report on the global sourdough market

Macroeconomic indicators such as food industry outlook, food and health supplement spending and others have been considered to arrive at the indicated market numbers in this report. Yearly change in inflation rate has not been considered while forecasting market numbers. Top-down approach has been used to assess market numbers for each segment, while bottom-up approach has been used to counter-validate the reached market numbers. While inspecting the global sourdough market we have collected data by collating inputs from government databases, trade value and volume data from regional manufacturers and secondary and primary sources and by using the benchmarking method. While validating the data our analysts have excluded regional average profitability margins from estimated data collected from distributors. We have also estimated approximate annual consumption of end-use sectors in target geographies. Besides, historical demand trends, dairy ingredients industry growth rate, the financial performance of top companies, raw material production trends and influence of increasing disposable income are included in this report. 

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Sourdough Market: Will North America Defeat Current Market Leader Western Europe in Terms of Revenue Contribution? - Global Industry Analysis and Opportunity Assessment 2016-2026
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