Latin America Sourdough Market Size & Outlook, 2020-2030
The sourdough market in Latin America is expected to reach a projected revenue of US$ 565.1 million by 2030. A compound annual growth rate of 6.9% is expected of Latin America sourdough market from 2021 to 2030.
Revenue, 2020 (US$M)
$289.3
Forecast, 2030 (US$M)
$565.1
CAGR, 2021 - 2030
6.9%
Report Coverage
Latin America
Latin America sourdough market, 2018-2030 (US$M)
Related Markets
Latin America sourdough market highlights
- The Latin America sourdough market generated a revenue of USD 289.3 million in 2020.
- The market is expected to grow at a CAGR of 6.9% from 2021 to 2030.
- In terms of segment, type iii was the largest revenue generating type in 2020.
- Type II is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2030.
Latin America data book summary
| Market revenue in 2020 | USD 289.3 million |
| Market revenue in 2030 | USD 565.1 million |
| Growth rate | 6.9% (CAGR from 2020 to 2030) |
| Largest segment | Type iii |
| Fastest growing segment | Type II |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Type I, Type II, Type III |
| Key market players worldwide | Puratos, Boudin Bakery, Morabito Baking Company, Lallemand, Truckee Sourdough Company, Gold Coast Bakeries, Bread SRSLY |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.5% of the global sourdough market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,276.1 million by 2030.
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Sourdough Market Scope
Sourdough market segmentation & scope
Sourdough Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America sourdough market size, by country, 2018-2030 (US$M)
Latin America Sourdough Market Outlook Share, 2020 & 2030 (US$M)
Related regional statistics
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