IMARC Group, a leading market research company, has recently released a 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?
The global vinegar market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.7 Billion by 2028, exhibiting a growth rate (CAGR) of 2.77% during 2023-2028.
What is Vinegar?
Vinegar is a versatile liquid produced from the fermentation of ethanol by acetic acid bacteria. Its defining characteristics include a pungent, sour taste, low pH value, and antimicrobial properties. Available in various types, such as apple cider, balsamic, and white, each vinegar carries distinct features and flavors dictated by their source materials. Vinegar is widely used in numerous industries, including food and beverage for flavoring and preservation, cleaning for its natural disinfecting properties, agriculture as a herbicide, beauty and health for skincare and weight management, and textile for color-setting and stain-removing purposes.
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What are the Growth Prospects and Trends in the Vinegar Industry?
The increasing health awareness among consumers is propelling the demand for vinegar, as it’s recognized for its potential benefits such as weight loss and improved digestion. Moreover, the growing trend of organic and natural products is fostering the market expansion, with organic apple cider vinegar being a particular favorite. The versatility of vinegar in different industries like food and beverages, cleaning, and agriculture is another key driver, enhancing its commercial value and demand. The expanding culinary scene is utilizing vinegar’s diverse flavors and types, which, in turn, is boosting the market growth. Furthermore, the rise of e-commerce platforms is enhancing the availability and accessibility of different types of vinegar, fueling its global demand. The innovative packaging strategies adopted by manufacturers are catching the consumer’s eye, hence driving sales. The growing vegan population is also contributing to the market growth as vinegar is a popular ingredient in vegan cooking. The rising research and development activities are leading to product innovation, further propelling the market expansion. Other factors such as sustainable production practices and the trend of DIY home cleaning solutions is popularizing the use of vinegar as a natural disinfectant, providing impetus to the market growth across the globe.
Who are the Key Players Operating in the Vinegar Market?
The competitive landscape of the global vinegar market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- 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 global vinegar market on the basis of type, source, end-user, distribution channel and region.
Breakup by Product Type:
- Balsamic Vinegar
- Red Wine Vinegar
- Cider Vinegar
- White Vinegar
- Rice Vinegar
Analysed by Source:
- Natural
- Synthetic
Based on End Use:
- Institutional
- Retail
On Basis of Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
Regional Analysis:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East and Africa
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Industry Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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