Apple Cider Vinegar Market
Growth Factors of Apple Cider Vinegar Market
The apple cider vinegar market size was valued at USD 619.43 million in 2023, and the market is now projected to grow from USD 644.44 million in 2024 to USD 1,009.40 million by 2032, exhibiting a CAGR of 5.7% during the forecast period of 2023-2030.
There was a growing requirement for the product. Since numerous citizens supposed it would help boost their immunity and protect them from viruses. Throughout lockdown, there was a massive increase in the supply of cider vinegar. Food sector was availing the opportunity to boost their market presence by continuous supply of the product to consumers. Thus, the COVID-19 pandemic provided a great option for the apple cider vinegar market growth.
This vinegar is a fermenting apple juice which is rich in probiotics and is increasing the target consumer. The apple cider vinegar market share globally has been contributed because of the advantages associated with ACV. The antioxidant and antimicrobial properties of ACV are used in home remedies and catering. Cider vinegar is improving gut health and encouraging customers to purchase this product.
The growing health realization is a main trend that is impelling market growth. A large number of health problems related to obesity and an increased death rate, people across the world are becoming conscious customers. There is a drastic improvement in the weight of overweight people who use ACV every day. It is also linked with curative properties such as improvement in digestion and immunity. Therefore, the rising popularity of a healthy lifestyle is supporting the market growth.
Comprehensive Analysis of Apple Cider Vinegar Market
The apple cider vinegar market and food & beverages industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the food additives & ingredients industry. These segmentations are methodically segregated by types of source, form, and distribution channel. The source category includes organic and conventional. The form consists of liquid and tablet. However, the distribution channel is such as hypermarkets/supermarkets, online channels, traditional grocery stores, and others
The North American region is conducive to the global apple cider vinegar market, leading to a recall of USD 298.45 million owing to a strong presence of cider vinegar manufacturers, high production in the U.S. and Canada and high demand in the region.
The top players in the market play a crucial role in the food & beverages industry assuring industrial prospectus growth and setting market standards. These players include, Barnes Naturals Pty Ltd (Maryborough, Australia), Carl Kuehne KG (Hamburg, Germany), Molson Coors Beverage Company (Chicago, U.S.), Global Export Marketing Co. Ltd (American Garden) (New York, U.S.), Swander Pace Capital (Bragg) (San Francisco, U.S.), Manzana Products Co. Inc. (Sebastopol, U.S.), NOW Health Group Inc. (Bloomingdale, U.S.), Mizkan America, Inc. (Mount Prospect, U.S.), Stonewall Kitchen (York, U.S.), Lost Coast Food Co. Ltd. (London, U.K.), these market players provide a level-playing competitive landscape.
In April 2024, Bragg Live Food Products, Inc. announced that it will expand the Bragg Apple Cider Vinegar Supplements. The company will expand it to over 95% of Sam's Clubs in the U.S. This supplement will provide an easy way to get the benefits of ACV.
Segmentation Table
Global Apple Cider Vinegar Market Scope
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 5.7% from 2024 to 2032
Unit Value (USD Million)
Segmentation By Source
- Organic
- Conventional
By Form
- Liquid
- Capsules/Tablets
By Distribution Channel
- Supermarkets/Hypermarkets
- Traditional grocery stores
- Online channel
- Others
By Geography
- North America (By Source, Form, Distribution Channel, and Country)
- USA (By Source)
- Canada (By Source)
- Mexico (By Source)
- Europe (By Source, Form, Distribution Channel, and Country)
- U.K. (By Source)
- Germany (By Source)
- France (By Source)
- Italy (By Source)
- Spain (By Source)
- Rest of Europe (By Source)
- Asia Pacific (By Source, Form, Distribution Channel, and Country)
- China (By Source)
- India (By Source)
- Japan (By Source)
- Australia (By Source)
- Rest of Asia Pacific (By Source)
- South America (By Source, Form, Distribution Channel, and Country)
- Brazil (By Source)
- Argentina (By Source)
- Rest of South America (By Source)
- Middle East and Africa (By Source, Form, Distribution Channel, and Country)
- South Africa (By Source)
- Turkey (By Source)
- Rest of the Middle East & Africa (By Source)
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