IMARC Group, a leading market research company, has recently releases report titled “Vinegar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the global vinegar market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the vinegar market?
Report Attributes | Details |
Market Size in 2022 | US$ 2.3 Billion |
Market Forecast in 2028 | US$ 2.7 Billion |
Growth rate (2023 to 2028) | CAGR of 2.77% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
What is Vinegar?
Vinegar is produced through the fermentation of fruit juices and grains, including apples, grapes, rice, and malt. The process creates a tangy and acidic flavor that is perfect for enhancing the taste of various dishes. In addition to its culinary uses, vinegar has numerous health benefits, such as it is an excellent source of riboflavin and vitamin B-1, which helps regulate blood sugar levels, improve heart health, and reduce abdominal fat. Regular consumption of vinegar helps improve insulin sensitivity and aid in weight management. Additionally, it is used in manufacturing cleaning, pest control, and personal care products. It is a natural and effective alternative to harsh chemicals and is widely used for its antibacterial and antifungal properties.
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Vinegar Market Trends:
Rapidly expanding food and beverage (F&B) industry and growing demand for strong flavors and gourmet cuisines are some of the key factors fueling the market growth. This is further bolstered by the rising health consciousness and increasing consumer awareness regarding the health benefits of vinegar. Additionally, key market manufacturers are introducing organic and natural product variants to increase their consumer base, which is accelerating the market growth. Besides this, rapid urbanization, surging demand for functional foods, and easy product availability in supermarkets, online retail stores, and hypermarkets are providing an impetus to the market growth.
Who are the key players operating in the industry?
The report covers the major market players including:
- Acetifici Italiani Modena S.R.L.
- Australian Vinegar
- Bizen Chemical Co. Ltd.
- Fleischmann’s Vinegar Company, Inc.
- Kraft Heinz Company
- Mizkan
- Shanxi Shuita Vinegar
- Castelo Alimentos S/A
- Burg Groep B.V.
- Aspall Cyder
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Balsamic Vinegar
- Red Wine Vinegar
- Cider Vinegar
- White Vinegar
- Rice Vinegar
- Others
Breakup by Source:
- Natural
- Synthetic
Breakup by End-Use:
- Institutional
- Retail
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)
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