The Latin America, Middle East and Africa Sourdough Market would witness market growth of 11.4% CAGR during the forecast period (2023-2030).In the year 2026, the LAMEA market's volume is expected to surge to 25.4 kilo tonnes, showcasing a growth of 13.8% (2023-2030).
Dehydrated sourdough also offers an economical means of producing finished goods. As a result, market growth is boosted by the increasing use of dehydrated sourdough throughout the bakery industry. Because they are easily digestible, sourdough products are becoming more popular as a breakfast and brunch alternative in hotels, cafes, restaurants, and clubs.
To specifically target the food service industry, specialty bread, an artisan bakery headquartered in the United Kingdom recently introduced a new product called sourdough and poppy seed bloomer. Changing preferences of customers for wholesome and delicious foods are causing a rise in demand for items like chocolate sourdough loaves and 100% whole wheat sourdough.
As consumers start to favor artisanal goods over pan bread, sourdough is gaining popularity. Additionally, sourdough qualities could be matched with consumer preferences through successful new product development and the implementation of cutting-edge production techniques, which is anticipated to increase demand for sourdough goods.
The UAE has long been considered a premier destination for tourism and other forms of leisure travel. These industries have had strong and continuous growth over the past few years. As a result, they have formed an integral part of the United Arab Emirates’ strategy for diversifying its economy. In recent years, the hospitality industry in the United Arab Emirates has experienced substantial growth. Many of the most liked dishes also contain bread as a component, which is being replaced by healthier variants like sourdough breads. Hence, due to these factors, the demand for sourdough-based products from the hospitality industry in the LAMEA region is expanding.
The Brazil market dominated the LAMEA Sourdough Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $82.3 million by 2030. The Argentina market is anticipated to grow at a CAGR of 12% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 11.1% during (2023 - 2030).
Based on Type, the market is segmented into Type I, Type II, and Type III. Based on Application, the market is segmented into Breads & Buns, Cakes & Pastries, Cookies, Pizza, and Others. Based on Ingredients, the market is segmented into Wheat, Barley, and Oats. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Sourdough Market is Projected to reach USD 4.2 Billion by 2030, at a CAGR of 8.6%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Puratos NV/SA, Lallemand, Inc., Lesaffre Group, GoodMills Group GmbH (Leipnik-Lundenburger), IREKS GMBH, Gold coast baking company, Boudin Bakery, Philibert savours, Ernst BOCKER GmbH & Co. KG, and Bake with Brolite
By Type (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Ingredients (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
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