Global Vinegar Market Report and Forecast 2023-2028

Global Vinegar Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global vinegar market reached a value of USD 6.24 billion in 2022. Aided by the rising inclination for natural preservatives and the versatile applications of vinegar across diverse industries, the market is projected to further grow at a CAGR of 4.14% between 2023 and 2028 to reach a value of USD 7.84 billion by 2028.

Vinegar, a liquid predominantly constituted of acetic acid and water, has been a staple in global culinary traditions for centuries. Originating from the fermentation of ethanol by acetic acid bacteria, vinegar serves as a quintessential ingredient in myriad cuisines and is revered for its tangy flavour and preservative qualities. Beyond the culinary domain, vinegar has found its way into various household and industrial applications, cementing its reputation as a multifaceted substance.

As per the vinegar market analysis, the ascension of global culinary trends and a renewed interest in traditional cooking methods have revitalised the market. As consumers grow more health-conscious, the preference for organic, natural ingredients has gained momentum. This shifting paradigm has paved the way for vinegar to emerge as a preferred natural preservative, seasoning, and health supplement.

Vinegar's health benefits further accentuate vinegar market demand. Known for its potential in regulating blood sugar levels, aiding digestion, and providing relief from certain types of pains, vinegar, particularly apple cider variant, has been embraced by wellness enthusiasts and holistic health practitioners alike. Its antimicrobial properties also position vinegar as an effective cleaning agent, leading to its widespread use in household cleaning solutions.

Its extensive applications across industries significantly drive the vinegar market growth. In the realm of beauty and personal care, vinegar finds its role as a natural toner, dandruff controller, and skin revitaliser. The world of agriculture, too, has not remained untouched, as vinegar serves as an organic herbicide. Moreover, its eco-friendly nature makes it a sustainable alternative to chemical-based solutions in multiple industries.

Furthermore, the culinary world's increasing penchant for gourmet experiences has amplified the demand for specialised vinegars like balsamic, rice, and wine vinegars and further add value to the vinegar market size. These varieties, celebrated for their distinct flavours and artisanal production processes, have found favour among chefs and food connoisseurs, leading to a spike in the premium vinegar segment.

Market Segmentation

The market can be divided based on type, source, distribution channel, end use, and region.

Market Breakup by Type

• Balsamic Vinegar
• Red Wine Vinegar
• Cider Vinegar
• Rice Vinegar
• White Vinegar
• Others

Market Breakup by Source

• Natural
• Synthetic

Market Breakup by Distribution Channel

• Supermarkets/Hypermarkets
• Speciality Stores
• Convenience Stores
• Online
• Others

Market Breakup by End Use

• Institutional
• Retail

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global vinegar market. Some of the major players explored in the report by Expert Market Research are as follows:

• Acetum Spa
• Fleischmann's Vinegar Company
• Kraft Foods
• Ponti SpA.
• Mizkan America, Inc.
• Burg Group
• Aspall
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.