A versatile product having well diversified applications, Vinegar has been used across the world for over thousands of years. Driven by its multifunctional properties, vinegar is increasingly popular with consumers as new blends, applications, and specialty products continue to enter the market. Being a source of vitamin B-1, riboflavin as well as mineral salts, it is gaining popularity among the consumers for its numerous applications. Emerging as a functional food, it is primarily used as a flavouring and preserving agent. Although, vinegar is majorly consumed in the food and beverage industry, it also finds applications in the healthcare industry, cleaning industry and agriculture industry. According to IMARC group, the global vinegar market has reached values worth around US$ 1.26 billion in 2017 growing at a CAGR of 2.1% during 2010-2017.
IMARC’s latest study “Vinegar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023” has segmented the global vinegar market by types and major regions. Different types of vinegar available are balsamic vinegar, red wine vinegar, cider vinega, rice vinegar and white vinegar. Geographically, Europe represented the biggest market for vinegar. Europe was followed by North America and the Asia Pacific region. The report also studies the top players operating in the global vinegar market which include Acetifici Italiani Modena, Australian Vinegar, Bizen Chemical, Fleischmann’s Vinegar, Kraft Heinz Company, Mizkan, Shanxi Shuita Vinegar, Castelo Alimentos S/A, Burg Groep B.V., Aspall, etc.
The report provides a comprehensive analysis for setting up a vinegar manufacturing plant. The study covers all the requisite aspects of the vinegar industry and provides an in-depth analysis of the global vinegar market, industry performance, processing and manufacturing requirements, project cost, project funding, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the vinegar industry in any manner.
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