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Vinegar Market Analysis

  • Report ID: GMI7009
  • Published Date: Jul 2024
  • Report Format: PDF

Vinegar Market Analysis

Based on type, the industry value from the apple cider vinegar segment recorded more than USD 2.6 billion in 2023 and will generate over USD 3.6 billion by 2032, due to its widespread recognition as a health and wellness product. Apple cider vinegar is touted for many health benefits, including assistance with weight loss, digestion and regulating blood sugar levels, which has led to its association with health programs and diets. It is further witnessing popularity with the support of health influencers and the proliferation of health blogs and social media platforms that are promoting its use.
 

Vinegar Market Revenue Share, By Source, (2023)

Vinegar market from the synthetic segment will reach over USD 13 billion by 2032, owing to its cost-effectiveness and consistent quality, making it an attractive option for both consumers and industrial applications. Conventional chemical vinegars provide a reliable and stable option that can be manufactured on a large scale, resulting in durable and affordable products.
 

The longer shelf life and resistance to corrosion of synthetic vinegar compared to natural vinegar also enhances the advantages of higher distribution and storage. The capability to easily produce synthetic vinegar in several strengths and formulations will further expand its applicability, supporting the overall segment expansion.
 

Vinegar Market Company Share, (2023)

Asia Pacific vinegar market size was valued at over USD 4.9 billion in 2023 and is expected to cross over USD 7.2 billion by 2032, attributed to the presence of rich culinary heritage and diverse food practices. Increasing urbanization and disposable incomes across the region have led to more convenient processed food consumption, subsequently increasing the demand for vinegar as a preservative and flavor enhancer. Growing awareness of the health benefits of vinegar, such as its role in weight management and digestion, has also resulted in higher consumer interest in health consciousness, further bolstering the regional industry expansion.
 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of vinegar reached USD 11.2 billion in 2023 and is set to witness 4.6% CAGR from 2024 to 2032, owing to the increasing consumer awareness about health and wellness leading to the rising preference for natural and organic food products worldwide.

Vinegar industry from the apple cider vinegar segment is expected to reach over USD 3.6 billion by 2032, due to its widespread recognition as a health and wellness product.

Asia Pacific market is poised to cross over USD 7.2 billion by 2032, attributed to the presence of rich culinary heritage and diverse food practices and increasing urbanization and disposable incomes in the region.

Aspall, Carl Kühne KG, CASTLE FOOD, Charbonneaux-Brabant, De Nigris, Eden Foods, Fleischmann's Vinegar Company, Galletti S.p.A., Marukan Vinegar Inc, Mizkan America, Inc., Shanxi Shuita Vinegar Co. Ltd., and The Kraft Heinz Company, are some of the major vinegar companies worldwide.

Vinegar Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 172
  • Countries covered: 19
  • Pages: 200
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