According to the latest report by IMARC Group, titled "North America Vinegar Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," the North America vinegar market size reached US$ 300 Million in 2019. Vinegar refers to an aqueous solution of acetic acid prepared by the fermentation of ethanol present in wine, cider, beer and champagne. It contains numerous flavorings, such as sugar, spices and herb infusions, that impart a characteristic taste to the product. It is widely used as a preservative, marinade and condiment for the preparation of numerous dishes. It is a rich source of mineral salts, riboflavin and vitamins. Its consumption is associated with assisting in weight loss, improving heart health and maintaining blood sugar levels. Vinegar also has antioxidant and antimicrobial properties due to which it is widely used as an essential ingredient in medical, cleaning, pest control and personal care products.
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 market for vinegar in North America is primarily driven by the growing health consciousness among the masses. There has been a significant increase in the incidences of lifestyle diseases, such as diabetes and obesity, in the region, due to which individuals are increasingly incorporating healthy food habits in their lives. In confluence with this, the growing awareness regarding the health benefits offered by vinegar is contributing to its rising uptake. The market is further driven by its extensive utilization in the food industry for the preparation of various fast food and ready-to-eat products. There has also been a noticeable inclination among consumers toward gourmet cooking. This has propelled the sales of salad dressings and marinades that comprise vinegar as a key ingredient. Manufacturers are also introducing organic and gluten-free product variants, which are widely gaining prominence among individuals. They have also launched innovative flavored-variants and custom vinegar products that are expected to create a positive outlook for the market. The growing utilization of vinegar in numerous personal care products and disinfectants is anticipated to further provide an impetus to the market growth. On account of the aforementioned factors, the market is expected to exhibit steady growth during 2020-2025.
- Based on the vinegar type, the market has been divided into balsamic, red wine, cider, white, rice, and other 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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