PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1418766
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1418766
Global Vinegar Market Size study & Forecast, by Product, by Source, by Flavor, by Application, by Distribution Channel, by Sales Channel and Regional Analysis, 2023-2030
Global Vinegar Market is valued at approximately USD 6.41 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 2.8% during the forecast period 2023-2030. Vinegar is a versatile liquid condiment that has been a staple in culinary practices and various traditional remedies for centuries. It is produced through the fermentation process of sugars, typically derived from fruits, grains, or other carbohydrate sources, into acetic acid by acetic acid bacteria. The Vinegar Market is expanding because of factors such as rising expansion of the food service sector, increasing awareness of health and wellness and rising demand for ready-to-eat meals.
The escalating demand for ready-to-eat meals is serving as a significant driver for the growth of the vinegar market. As contemporary lifestyles become increasingly fast-paced, consumers are turning to convenient and quick meal solutions, fostering a surge in the popularity of ready-to-eat options. Vinegar, with its versatile culinary applications, has become a pivotal ingredient in enhancing the flavor profiles of these meals. Its preservative properties contribute to the extended shelf life of ready-to-eat products, aligning with the expectations of consumers for both convenience and freshness. According to Statista, in year 2021 the revenue from ready to eat meals across the world stood at USD 0.47 trillion which increased to USD 0.51 trillion in year 2022 and it is projected to reach USD 0.72 by year 2027. Thus, rising demand for ready-to-eat meals is driving the market growth. In addition, rising food preservation practices and increased home cooking trends are creating new opportunities for market growth. However, the availability of substitutes stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Vinegar Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to factors such as the region's diverse culinary landscape and the growing trend of home cooking have significantly increased the demand for vinegar as an essential ingredient in various dishes, dressings, and marinades. The versatility of vinegar in enhancing flavors and its use in different cuisines contribute to its widespread adoption in North American households. Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as the rising food industry, and rising demand for ready-to-eat food in the region.
Major market player included in this report are:
- De Nigris
- Australian Vinegar
- Bizen Chemical Co. Ltd.
- Fleischmann's Vinegar Company
- The Kraft Heinz Company
- Mizkan America, Inc.
- Castle Food LLC
- Burg Groep B.V.
Recent Developments in the Market:
Global Vinegar Market Report Scope:
By Product:
By Source:
By Flavor:
By Application:
By Distribution Channel:
By Sales Channel:
By Region:
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Vinegar Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Vinegar Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Vinegar Market, by Source, 2020-2030 (USD Billion)
- 1.2.4. Vinegar Market, by Flavor, 2020-2030 (USD Billion)
- 1.2.5. Vinegar Market, by Application, 2020-2030 (USD Billion)
- 1.2.6. Vinegar Market, by Distribution Channel, 2020-2030 (USD Billion)
- 1.2.7. Vinegar Market, by Sales Channel, 2020-2030 (USD Billion)
- 1.2.8.
- 1.3. Key Trends
Chapter 2. Global Vinegar Market Definition and Scope
Chapter 3. Global Vinegar Market Dynamics
Chapter 4. Global Vinegar Market Industry Analysis
Chapter 5. Global Vinegar Market, by Product
Chapter 6. Global Vinegar Market, by Source
Chapter 7. Global Vinegar Market, by Flavor
Chapter 8. Global Vinegar Market, by Application
Chapter 9. Global Vinegar Market, by Distribution Channel
Chapter 10. Global Vinegar Market, by Sales Channel
Chapter 11. Global Vinegar Market, Regional Analysis
Chapter 12. Competitive Intelligence
Chapter 13. Research Process
LIST OF TABLES
- TABLE 1. Global Vinegar Market, report scope
- TABLE 2. Global Vinegar Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Vinegar Market estimates & forecasts by Product 2020-2030 (USD Billion)
- TABLE 4. Global Vinegar Market estimates & forecasts by Source 2020-2030 (USD Billion)
- TABLE 5. Global Vinegar Market estimates & forecasts by Flavor 2020-2030 (USD Billion)
- TABLE 6. Global Vinegar Market estimates & forecasts by Application 2020-2030 (USD Billion)
- TABLE 7. Global Vinegar Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
- TABLE 8. Global Vinegar Market estimates & forecasts by Sales Channel, 2020-2030 (USD Billion)
- TABLE 9. Global Vinegar Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Vinegar Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Vinegar Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Vinegar Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Vinegar Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
LIST OF FIGURES
