The Global Apple Cider Vinegar Market size is expected to reach $1,437.1 Million by 2027, rising at a market growth of 8% CAGR during the forecast period.
Apple cider vinegar is a kind of fermented vinegar which is prepared with the help of apples. From the last some years, the demand for apple cider vinegar has been growing among the consumers who prioritize their health. This is because of its advantages in promoting weight loss, immunity boosting power and others. Hence, these factors are expected to create lucrative growth opportunities for the players operating in the market.
Apple cider vinegar has vitamins as well as minerals which are extremely beneficial for hair. It also has anti-inflammatory properties and has acetic and alpha hydroxyl acid. It can exfoliate the skin as well as absorb excessive oil. These products are highly demanding and encourage many industries to introduce innovative products with apple cider vinegar. Therefore, the apple cider vinegar market would significantly grow over the forecasting period. Moreover, Apple cider vinegar has witnessed an increasing utilization in the cosmetics sector.
The apple cider vinegar market has witnessed a positive impact along with every phase of supply chain and value chain. During the global pandemic, the consumers were extremely worried about their overall health and wellness. This is due to the adverse impact of COVID-19 pandemic on their mental as well as physical health, thereby propelling the growth & demand for apple cider vinegar market during the forecasting period.
During the pandemic, apple cider vinegar has been extensively consumed because a lot of individuals thought that this would assist in increasing their immunity and safeguard them against the corona virus. This has caused a drastic increment in the demand for apple cider vinegar during the initial phases of lockdown.
Apple cider vinegar has been utilized medically for centuries. Though, it has enjoyed a higher popularity recently owing to its natural remedies for several health issues. In addition, doctors across the world assert that apple cider vinegar encourages digestion, assists in controlling the increasing blood sugar level, and develops a feeling of satedness. It can also be helpful for the individuals that aim to reduce their weight. As per the Harvard Health, weight-loss diet based on the apple cider vinegar was among the fastest-growing health searches on Google in 2017.
The goal of functional beverages including apple cider vinegar is to enhance the body functionalities such as digestive health, immune system, weight management, and better management of heart rate. In addition, this product has amino acids, herbs, vitamins, and minerals which may increase its demand in the upcoming years. The existence of these nutritional elements helps in reducing health issues due to which, customers are changing their preferences and inclining towards these functional drinks.
Functional drinks such as apple cider vinegar have many benefits ranging from boosting the immunity and improving overall health. However, the demand and growth of functional drinks would be hampered due to the availability of substitute products such as green tea, coffee, and fruit juice in the market. There are many products available in the market which are cost-effective and are easily available in almost all the countries across the world. This aspect is acting as a major barrier to the growth of the overall apple cider vinegar market.
Based on Nature, the Apple Cider Market is classified into Organic, and Conventional. In 2020, the conventional segment procured the maximum revenue share in the apple cider vinegar market. Factors such as high effectiveness and easy accessibility of apple cider vinegar in the market through distributors are responsible for the growth of this segment.
Based on Form, the Apple Cider Market is bifurcated into Liquid and Others. In 2020, the liquid segment acquired the largest revenue share of the market. This is largely due to its ease of applications and high availability in the several distribution channels such as specialty stores, supermarket, hypermarket, and among other.
Based on Distribution Channel, the Apple Cider Market is segregated into supermarket/hypermarket, specialty Store, online Store, and Others. The supermarket/hypermarket segment garnered the largest revenue share of the overall apple cider vinegar market. These stores provide a wide range of brands in a product category, including apple cider vinegar.
Report Attribute | Details |
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Market size value in 2020 | USD 816.2 Million |
Market size forecast in 2027 | USD 1,437.1 Million |
Base Year | 2020 |
Historical Period | 2017 to 2019 |
Forecast Period | 2021 to 2027 |
Revenue Growth Rate | CAGR of 8% from 2021 to 2027 |
Number of Pages | 174 |
Number of Tables | 340 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Nature, Form, Distribution Channel, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers |
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Restraints |
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Based on Region, the Apple Cider Market is analyzed across North America, Europe, APAC, and LAMEA. In 2020, the North America emerged as the dominant region by acquiring the highest revenue share in the overall apple cider vinegar market. Factor such as the massive growth of the regional food service industry is responsible for the growth of the regional market.
Free Valuable Insights: Global Apple Cider Vinegar Market size to reach USD 1,437.1 Million by 2027
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include PepsiCo, Inc., The Kraft Heinz Company, Molson Coors Beverage Company, Bragg Live Food Products, LLC (Swander Pace Capital), Carl Kühne KG (GmbH & Co.), Manzana Products Co., Inc., NOW Foods, Inc., Mizkan Holdings Co., Ltd., Stonewall Kitchen, LLC, and White House Foods
By Nature
By Form
By Distribution Channel
By Geography
The global anti stretch mark products market size is expected to reach $1,437.1 million by 2027.
Functional advantages of apple cider vinegar are driving the market in coming years, however, high availability of alternatives have limited the growth of the market.
PepsiCo, Inc., The Kraft Heinz Company, Molson Coors Beverage Company, Bragg Live Food Products, LLC (Swander Pace Capital), Carl Kühne KG (GmbH & Co.), Manzana Products Co., Inc., NOW Foods, Inc., Mizkan Holdings Co., Ltd., Stonewall Kitchen, LLC, and White House Foods
The expected CAGR of the anti stretch mark products market is 8% from 2021 to 2027.
The online store segment is anticipated to showcase the fastest growth rate in the apple cider vinegar market during the forecasting period.
The North America market dominated the Global Apple Cider Vinegar Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $543.4 million by 2027.
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