The global vinegar market reached a value of US$ 1.3 Billion in 2019. 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. Looking forward, the global vinegar market is expected to exhibit stable growth during 2020-2025.
IMARC Group provides an analysis of the key trends in each sub-segment of the global vinegar market report, along with forecasts for growth at the global, regional and country-level from 2020-2025. Our report has categorized the market based on region, product type, source, end-use, and distribution channel.
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 Source:
The market has been analyzed on the basis of source, covering synthetic and natural segments.
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.
Breakup by Region:
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:
The global vinegar market was worth US$ 1.3 Billion in 2019.
As per IMARC Group estimates, the global vinegar market will reach a value of US$ 1.4 Billion by 2025.
The global vinegar market is primarily driven by a significant increase in the demand for ready-to-eat (RTE) food products on account of hectic schedules, changing dietary patterns and inflating income levels.
At present, Europe enjoys the leading position in the market.
The vinegar market is anticipated to exhibit a CAGR of 1.4% during 2020-2025.
Leading market players are Acetifici Italiani Modena S.R.L., Australian Vinegar Pty Ltd., Bizen Chemical Co. Ltd., Fleischmann’s Vinegar Company, Inc., Kraft Heinz Company, Shanxi Shuita Vinegar Co., Ltd., Castelo Alimentos S.A., Burg Groep B.V. and Aspall Cyder Ltd.
At present, supermarkets and hypermarkets exhibit a clear dominance in the market.
The market has been analyzed on the basis of the product type into balsamic, red wine, cider, rice, white and other kinds of vinegar.
On the basis of the source, the market has been bifurcated into natural and synthetic vinegar.
Based on the end-use, the market has been divided into the institutional and retail sectors.
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