Asia-Pacific Vinegar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Asia-Pacific Vinegar Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Asia-Pacific vinegar market is projected to grow at a CAGR of 4.7% during the forecast period of (2020-2025)

Key Highlights

• The Asia-Pacific vinegar market is expected to be primarily driven by changing consumer lifestyles and preferences. Due to the rise in health benefits associated with the consumption of vinegar, consumers’ interest in the inclusion of vinegar in cooking gourmet and ethnic food has increased, thereby prompting the sales of vinegar.
• The significant drivers for the vinegar market are the increasing base of end-user industries, stringent environment regulations, etc. Additionally, a surge in the use of wood vinegar in Asia-Pacific for various applications, such as agricultural practices to improve seed germination, enrich the soil and stimulate root growth is driving the market.

Key Market TrendsIncrease In Global Demand For Vinegar, Leading To High Exports

Owing to the rise in consumer awareness and the inclusion of vinegar as a key ingredient in various food applications, there has been an increase in demand for vinegar, worldwide. Japan and China remain among the top seven countries exporting vinegar to the other countries. Traditionally produced organic kinds of vinegar, such as apple cider vinegar and coconut vinegar from the Asia-Pacific countries are gaining huge popularity, worldwide. Premium-priced products, such as aged vinegar is exported at a higher volume, compared to regular vinegar, as it imparts a unique flavor to the end product. Hence, this increases the export value of different types of vinegar from the Asia-Pacific region is leading to an increase in revenue and thus driving the overall vinegar market in Asia-Pacific.

High Demand For Black Vinegar

Black Vinegar is popular in China and Japan as a health tonic or drink, It is reputed to have an array of health benefits, similar to apple cider vinegar and other vinegar. Various health benefits associated with the consumption of black vinegar that led to its inclusion as an ingredient. It may have a long-term, preventative effect, with an array of cardiovascular diseases, including high blood pressure, artery disease, heart disease, and stroke. It also improves the digestion and immune system. The amino acids present in black vinegar help in balancing the body’s pH, by both neutralizing lactic acid and alkalizing the blood. This has led to the entrance of many regional players in the Asia-Pacific black vinegar market.

Competitive Landscape

The market is highly fragmented and is dominated by players from China and Japan. HJ Heinz Company LP, Borges Branded Foods, Australian Vinegar, and Mizkan Holdings Co. Ltd., are the major players in the market. The key strategies adopted by the players in the market are new product launches in different application segments followed by expansion. Companies also play a vital role in sustainable sourcing of raw material and help small farmers.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

The Kraft Heinz Company
Borges International Group S.L.
Autralian Vinegar
Shanxi Shuita Vinegar
Carl Kuhne KG
Mizkan Holdings Co. Ltd.
HPMC
St.Botanica

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