Vinegar Market - Global Apple Cider Vinegar, Balsamic Vinegar, Buffered Vinegar, Organic, Synthetic, Sales Channel - Global Forecast 2024-2030


Dublin, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The "Global Vinegar Market by Type (Apple Cider Vinegar, Balsamic Vinegar, Buffered Vinegar), Source (Organic, Synthetic), Form, Application, Distribution Channel, Sales Channel - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.

The Vinegar Market grew from USD 6.98 billion in 2023 to USD 7.28 billion in 2024. It is expected to continue growing at a CAGR of 4.39%, reaching USD 9.43 billion by 2030.



Consumer inclination towards natural and organic products, recognizing vinegar's multifunctionality and health advantages. The market caters to a diverse range of applications including food and beverage, cleaning solutions, and personal care, leveraging the natural disinfectant and flavor properties of vinegar.

Despite facing challenges such as raw material price variability, substitute products, and regulatory complexities, the market presents substantial opportunities for expansion through innovation in product development tailored to health-conscious consumers and sustainable production practices. Emphasizing the development of organic, specialty vinegars and conducting further scientific research into its health benefits could significantly enrich the market's value, catering to the evolving preferences of consumers and emerging industry trends.

Regional Insights

In the Asia Pacific region, China, Japan, and India are major countries in the vinegar market. This region is characterized by a high demand for vinegar, driven by its traditional use in local cuisines and increasing awareness of its health benefits. The market shows a preference for rice vinegar in countries such as Japan and China, while in India, cane vinegar and synthetic vinegar dominate the market.

Moreover, investment in organic farming and vinegar production has seen a rise, particularly in China and India, with local manufacturers focusing on exporting to meet global organic trends. The North American vinegar market, particularly in the United States and Canada, is driven by the consumer demand for natural and organic products. Apple cider vinegar has gained immense popularity owing to its health-related benefits, leading to a significant increase in its consumption and production.

In the EU countries, there is a long-standing tradition of vinegar production, particularly wine vinegar in countries such as Italy, France, and Spain. Consumer preferences in European regions are towards gourmet and specialty vinegars. The Middle East and Africa show growing potential with an increasing interest in health and wellness products, including vinegar, as part of dietary habits.

Recent Developments

SUIC Worldwide Holdings Ltd. announced that SUIC's IHart signed a memorandum of understanding with Tah An Kong Yen Foods Co. Ltd.

SUIC Worldwide Holdings Ltd. formed a strategic partnership with Kong Yen Foods Co. Ltd., the Taiwanese vinegar and condiments manufacturer. This collaboration, encapsulated in a memorandum of understanding, aims to introduce an innovative range of food products to the U.S. market, leveraging Kong Yen Foods' extensive experience in producing a diverse portfolio that includes various types of vinegar, sauces, miso, and more. Kong Yen Foods, recognized for its commitment to quality through various certifications such as Food GMP, CAS, TQF, ISO22000, HACCP, and Islamic Halal, brings its historical expertise in vinegar brewing, developed in conjunction with the Taiwan Monopoly Bureau.

Jeffs' Brands Celebrates Launch of New Product of Keto Gummies Based on Green Apple Cider Vinegar

Jeffs' Brands Ltd., an e-commerce company with a stronghold in the Amazon Marketplace, announced the debut of Wellution's innovative keto gummies, crafted from green apple cider vinegar, in the U.S. market. Holding a significant 49% in SciSparc Nutraceuticals Inc., the parent company of Wellution, Jeffs' Brands underlines its commitment to expanding its portfolio within the nutraceutical sector.

Corbion Set To Start Up Fermentation At New Site In North America For In-House Production Of Vinegar

Corbion enhanced its supply chain by vertically integrating vinegar production at its new facility in Montgomery, Alabama. Through this expansion, Corbion is poised to better serve the food industry's needs with its Verdad brand vinegars, which are celebrated for their effectiveness in extending shelf life, enhancing flavors, and supporting cleaner label initiatives across various food categories.

Key Attributes:

Report AttributeDetails
No. of Pages194
Forecast Period2024 - 2030
Estimated Market Value (USD) in 2024$7.28 Billion
Forecasted Market Value (USD) by 2030$9.43 Billion
Compound Annual Growth Rate4.3%
Regions CoveredGlobal


Market Insights

Market Segmentation Analysis

  • Type: Apple cider vinegar is extensively used for health and wellness benefits
  • Application: Food & beverage sector represents the largest and most traditional market for vinegar

Market Drivers

  • Rising awareness among consumers about health and wellness
  • Preference for organic and natural food products among consumers
  • Extensive use in the culinary, pharmaceutical, and cleaning industries

Market Restraints

  • Fluctuating raw material prices and availability of substitute products

Market Opportunities

  • Invest in technology for sustainable production processes and to develop innovative products
  • Rise in collaborations and partnerships to enhance distribution networks and penetrate new markets more effectively

Market Challenges

  • Stringent regulations concerning quality and safety standards

Industry Insights

  • Market Disruption Analysis
  • Porter's Five Forces Analysis
  • Value Chain & Critical Path Analysis
  • Pricing Analysis
  • Technology Analysis
  • Patent Analysis
  • Trade Analysis
  • Regulatory Framework Analysis

Key Company Profiles

  • Acetificio Andrea Milano s.r.l.
  • American Garden
  • Associated British Foods PLC
  • Bragg Live Food Products Inc.
  • Brightland Inc.
  • Carl Kuhne KG
  • cetotec GmbH
  • Classic Wine Vinegar Co.
  • Dalian Tianpeng Food Co., Ltd.
  • De Nigris Group
  • Eden Foods, Inc.
  • Ellsey & Co.
  • G. Bruce & Company Limited
  • Jiangsu Hengshun Vinegar Industry Co Ltd.
  • Kerry Group PLC
  • Kimberley Wine Vinegars
  • Kosterina Corporation
  • Laconiko
  • Manor Vinegar
  • President Kikkoman Zhenji Foods Co., Ltd.
  • Reinhart Foods Limited
  • Sane Shell Carbon Pvt Ltd
  • The Kraft Heinz Company
  • The MadHouse Vinegar Co.
  • The Slow Vinegar Company

Market Segmentation & Coverage

Type

  • Apple Cider Vinegar
  • Balsamic Vinegar
  • Buffered Vinegar
  • Distilled White Vinegar
  • Malt Vinegar
  • Rice Vinegar
  • Wine Vinegar

Source

  • Organic
  • Synthetic

Form

  • Capsules
  • Liquid
  • Powder
  • Tablets

Application

  • Agriculture
  • Cleaning Industry
  • Food & Beverage
  • Healthcare
  • Distribution Channel

Offline

  • Convenience Stores
  • Specialty Stores
  • Supermarkets
  • Online

Sales Channel

  • Business-to-business
  • Business-to-customer

Region

Americas

  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
  • California
  • Florida
  • Illinois
  • New York
  • Ohio
  • Pennsylvania
  • Texas

Asia-Pacific

  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam

Europe, Middle East & Africa

  • Denmark
  • Egypt
  • Finland
  • France
  • Germany
  • Israel
  • Italy
  • Netherlands
  • Nigeria
  • Norway
  • Poland
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  • United Arab Emirates
  • United Kingdom

For more information about this report visit https://www.researchandmarkets.com/r/ctueuh

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Attachment

 
Global Vinegar Market

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