According to the latest report by IMARC Group, titled "North America Vinegar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022
-2027," the North America vinegar market reached a value of US$ 697.88 Million in 2021. Vinegar is an acidic liquid that is produced through the oxidation of acetic acid bacteria and ethanol present in wine, cider, beer, and fermented fruit juice. It can be made from a variety of base ingredients, such as spices, sugar, and herb infusions, that provide the product with its characteristic taste. Vinegar is widely used as a condiment, preservative, flavor balancer, and marinade in the preparation of various dishes. It contains vitamin B-1 and riboflavin, the consumption of which aids in improving heart health, promoting weight loss, increasing nutrient absorption, and maintaining blood sugar levels.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
North America Vinegar Market Trends:
The North America vinegar market is primarily being driven by the increasing demand for instant and ready-to-eat (RTE) food products due to the rising working population, hectic schedules, inflating disposable incomes, and evolving dietary practices. Moreover, the rising prevalence of various chronic and lifestyle-related diseases has further prompted consumers to incorporate healthy ingredients, such as vinegar, into their diet. This, along with the increasing usage of vinegar as a key ingredient in salad dressings and marinades, is further facilitating the overall product sales in the region. In order to meet the growing demand from health-conscious consumers, manufacturers are launching organic and gluten-free product variants in innovative flavors, which is further creating a positive outlook for the market. Besides this, the extensive product utilization in various non-food applications, such as disinfectants, stain removers, antiperspirants, photographic materials, dyes, and medicines, is acting as another major growth-inducing factor. Looking forward, the market is expected to reach a value of US$ 809.33 Million by 2027, growing at a CAGR of around 2.60% during 2022-2027.
- Based on the type, the market has been divided into balsamic, red wine, cider, white, rice, and other types of vinegar.
- On the basis of the end-use, the market has been bifurcated into the institutional and retail sectors.
- Based on the distribution channel, the market has been classified into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others.
- On the geographical front, the market has been segregated into the United States, Canada, and Mexico.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players.
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