According to IMARC Group’s latest report, titled “Vinegar Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global vinegar market reached a value of US$ 1.33 Billion in 2020. Vinegar refers to a sour liquid produced through the fermentation of ethanol and is used as a preservative in various food products. Red wine, balsamic, white, rice and cider are some commonly available types of vinegar. They are rich in antioxidants, mineral salts and vitamins and are also used for marination to enhance the flavor of the dishes. Vinegar is also available in flavored variants, such as cane, apple, coconut, fig and lemon. It aids in maintaining cholesterol and blood sugar levels and reducing weight. As a result, it finds extensive application across various industries, including healthcare, agriculture and food and beverage.
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The global vinegar market is primarily being driven by the rising demand for ready-to-eat (RTE) meals due to hectic schedules and changing dietary patterns of the consumers. Vinegar is widely utilized to keep the packaged items fresh and nutritious for longer durations. Moreover, increasing awareness regarding the health benefits of vinegar, such as improved immunity and metabolism and reduced risks of cardiovascular diseases, is providing a thrust to the market growth. Other factors, including the widespread adoption of vinegar as an antimicrobial and cleaning agent in antiperspirants, disinfectants and household products, along with the launch of premium-prices aged vinegar, are providing a thrust to the market growth. Looking forward, IMARC Group expects the market to continuously grow during the forecast period (2021-2026).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
• Acetifici Italiani Modena S.R.L.
• Australian Vinegar
• Bizen Chemical Co. Ltd.
• Fleischmann’s Vinegar Company, Inc.
• Kraft Heinz Company
• Mizkan
• Shanxi Shuita Vinegar
• Castelo Alimentos S/A
• Burg Groep B.V.
• Aspall Cyder
Market Segmentation:
Breakup by Product Type:
• Balsamic Vinegar
• Red Wine Vinegar
• Cider Vinegar
• White Vinegar
• Rice Vinegar
• Others
Breakup by Source:
• Natural
• Synthetic
Breakup by End-Use:
• Institutional
• Retail
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
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Key highlights of the report:
• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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