The global vinegar market reached a value of US$ 1.3 Billion in 2018. Vinegar refers to an acidic liquid which is produced by the fermentation of ethanol. It is characterized by a sour taste and is rich in vitamin B-1, riboflavin as well as mineral salts. It is widely used as a marinade, preservative and flavor balancer in the food industry. Apple, coconut, malt, cane, lemon and fig are some of the most common flavors of vinegar available in the market. In recent years, there has also been an increase in the demand for gluten-free and organic vinegar products among health-conscious consumers.
A significant rise in the demand for ready-to-eat food products has been witnessed owing to factors such as busy schedules, changing dietary patterns and increasing disposable income levels. As vinegar is used to keep these items fresh and nutritious over longer periods, this trend is strengthening the market growth. Apart from this, since vinegar has antimicrobial and antioxidant properties, it is also utilized in disinfectants, stain removers, antiperspirants, photographic materials, dyes, medicines and hair conditioners. Moreover, wood vinegar is extensively used by farmers for improving seed germination, soil enrichment and root growth stimulation. Owing to these factors, the market is expected to reach a value of US$ 1.4 Billion by 2024, expanding at a rate of 1.1% during 2019-2024.
Breakup by Product Type:
Balsamic vinegar represents the most popular product type as it is rich in antioxidants and polyphenols that improve immunity and prevent heart diseases.
Breakup by End Use:
On the basis of the end use, vinegar is mostly used in the institutional sector.
Breakup by Distribution Channel:
Based on the distribution channel, supermarkets and hypermarkets hold the dominant market share, representing the largest segment on account of their increasing popularity, especially in the developing nations.
On the geographical front, Europe holds the leading position in the global market, accounting for around half of the total share.
The competitive landscape of the market has also been analyzed in the report with the detailed profiles of the key players operating in the market. Some of the key players include:
Key Questions Answered in This Report?
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-702-409-7331 )
( India: +91-120-433-0800 )
Drop us an email at