Global Apple Cider Vinegar Market - 2023-2030
The Global Apple Cider Vinegar Market reached US$ 651.2 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 984.3 billion by 2030. The market is growing at a CAGR of 5.3% during the forecast period 2023-2030.
Apple cider vinegar is derived from fresh apples through fermentation, resulting in raw, unfiltered vinegar commonly containing the beneficial ""mother of vinegar."" It possesses a substantial amount of acetic acid, which may contribute to potential health advantages like supporting digestion, facilitating weight loss, regulating blood sugar levels and driving the apple cider vinegar market revenue.
The use of organic apples guarantees a natural and wholesome product and through the process of aging and maturation, apple cider vinegar acquires a unique flavor profile. Its versatility in cooking, cleaning, and therapeutic applications has established it as a favored option for natural remedies and culinary purposes and drives the market expansion in the forecast period.
Market DynamicsThe Increasing Demand for Apple Cider Vinegar, Owing to its Various Health Benefits.
The demand for apple cider vinegar has increased due to its numerous health benefits. People increasingly recognize its potential positive effects on digestion, weight management, blood sugar regulation, and more. As a result, apple cider vinegar has gained popularity as a natural remedy and dietary supplement.
It’s versatility and potential health advantages have contributed to the growing demand for this unique vinegar. Manufacturers actively seek to expand the range of applications for apple cider vinegar beyond its traditional use in natural remedies and food products. They are exploring innovative ways to incorporate apple cider vinegar into various industrial applications, aiming to tap into its versatile properties and potential benefits.
For instance, on May 18, 2022, With a significant investment of US$ 16 million, Aspall Cyder, an apple cider brand owned by Molson Coors, substantially upgraded its historic 300-year-old factory in the United Kingdom. This substantial investment has resulted in a remarkable 60% increase in production capacity, allowing the factory to produce approximately 70 million pints of cider annually. The upgrade showcases the commitment of Aspall Cyder and Molson Coors to meet the growing demand for their cider and enhance their production capabilities.
Extended Consumption of Apple Cider Vinegar Can Lead to Adverse Effects on Health.
While apple cider vinegar offers potential health benefits when consumed in moderation, extended and excessive consumption can adversely affect health. The high acetic acid content in apple cider vinegar may cause irritation and damage to the digestive system, including the throat and esophagus.
Additionally, the acidity of the vinegar can erode tooth enamel over time, leading to dental issues. It is important to dilute apple cider vinegar with water or other liquids and consume it in controlled amounts to minimize the risk of these adverse effects.
COVID-19 Impact AnalysisThe COVID-19 Analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with Pricing Dynamics (Including pricing change during and post-pandemic comparing it with pre-COVID scenarios), Demand-Supply Spectrum (Shift in demand and supply owing to trading restrictions, lockdown and subsequent issues), Government Initiatives (Initiatives to revive market, sector or Industry by Government Bodies) and Manufacturers Strategic Initiatives (What manufacturers did to mitigate the COVID issues will be covered here).
Artificial Intelligence AnalysisArtificial intelligence (AI) is used to analyze apple cider vinegar (ACV) to understand its potential health benefits better. AI can be used to identify and quantify the different compounds in ACV, as well as to track the effects of ACV on human cells and tissues. This research is still in its early stages, but it can revolutionize the understanding of ACV and its potential to improve human health. Tracking the effects of ACV on human cells and tissues.
AI can be used to study the effects of ACV on human cells and tissues in vitro, which can help researchers to understand how ACV works and to identify potential side effects. Developing new ACV-based products. AI can be used to create new ACV-based products, such as dietary supplements, topical creams, and even functional foods.
Segment AnalysisThe Global Apple Cider Vinegar Market is segmented based on source, form, application, distribution channel and region.
Personal Care Accounts Sizable Share in the Global Apple cider vinegar Market.
The personal care segment is experiencing rapid growth in the apple cider vinegar market. Manufacturers are leveraging the increasing consumer preference for natural ingredients in personal care products. Apple cider vinegar is gaining prominence as an essential component in consumers' skincare and healthcare beauty routines, opening up new opportunities within the personal care and cosmetics sector.
For instance, on August 6, 2021, Fekkai launched apple cider vinegar hair care products. The collection revolves around two primary ingredients, each serving a specific purpose. Apple cider vinegar, known for its antibacterial and anti-fungal properties, helps prevent the accumulation of bacteria.
It also possesses anti-inflammatory properties that aid in soothing and restoring the skin. These key ingredients work together to provide a comprehensive solution for maintaining skin health and promoting overall well-being.
Geographical AnalysisNorth America Holds the Largest Share in the Global Apple Cider Vinegar Market
The Global Apple Cider Vinegar Market is segmented by region into North America, South America, Europe, Asia-Pacific, Middle-east and America.
North America has witnessed a significant surge in the popularity and consumption of apple cider vinegar. The health-conscious trend among consumers, coupled with the increasing preference for organic and natural products, has contributed to the growing demand for apple cider vinegar in North America. In 2022, various North American brands have emerged, offering multiple apple cider vinegar products to cater to consumer preferences.
These products often highlight their organic sourcing, raw and unfiltered nature, and the presence of the ""mother of vinegar,"" which is believed to enhance its health benefits. For instance, on September 21, 2022, Mother Earth Vinegar launched organic apple cider vinegar superfood tea pods to retailers across the United States.
Competitive LandscapeThe major global players include Barnes Naturals Pty Ltd, Carl Kuehne KG , Molson Coors Beverage Company, Global Export Marketing Co. Ltd, Swander Pace Capital (Bragg), Manzana Products Co. Inc., NOW Health Group Inc, Mizkan America, Inc, Stonewall Kitchen and Lost Coast Food Co. Ltd.
Why Purchase the Report?
• To visualize the Global Apple Cider Vinegar Market segmentation based on source, form, application, distribution channel, and region and understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous apple cider vinegar market-level data points with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The Global Apple Cider Vinegar Market Report Would Provide Approximately 53 Tables, 46 Figures And 195 Pages.
Target Audience 2023• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies