North America Apple Cider Vinegar Market By Nature (Conventional and Organic), By Form (Liquid and Other Form), By Distribution Channel (Distribution Channel, Supermarket/Hypermarket, Online and Other Distribution Channel), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Get in-depth analysis of the COVID-19 impact on the North America Apple Cider Vinegar Market
Market Report Description
The North America Apple Cider Vinegar Market would witness market growth of 6.6% CAGR during the forecast period (2021-2027).
Apple cider vinegar shows anti-inflammatory properties and comprises alpha hydroxyl acid and acetic acid. Therefore, it can absorb excessive oil from the skin, unplugged the blocked pores, assists restore the PH level of skin and others. As a result, the utilization of cosmetics products by the manufacturers has been increased in the past few years.
The increasing disposable income of the people has encouraged them to buy various products, including apple cider vinegar. In addition, many companies are manufacturing products like apple cider vinegar shampoos, apple cider vinegar face moisturizer, apple cider vinegar face wash, and others.
The apple cider market is witnessing rapid growth in North America. This surge in the growth of the regional market is attributed to factors such as the existence of several market players, the rising number of manufacturers of functional RTD beverages, increasing demand for these drinks, and rising awareness about the advantages of consumption of functional drinks including apple cider vinegar.
Additionally, a significant portion of the customers from the millennial generation in this region consume energy drinks each day. However, in the US, approximately 4/5th of the customers from the older generation consume caffeine on a daily basis. Moreover, customers in this region focus more on maintaining their body fitness due to which, they consume energy drinks in large quality to boost their immune system, enhance bone health, and improve mental energy.
The US market dominated the North America Apple Cider Vinegar Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $310.5 million by 2027. The Canada market is exhibiting a CAGR of 8.1% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 7.9% during (2021 - 2027).
Based on Nature, the market is segmented into Conventional and Organic. Based on Form, the market is segmented into Liquid and Other Form. Based on Distribution Channel, the market is segmented into Distribution Channel, Supermarket/Hypermarket, Online and Other Distribution Channel. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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
Scope of the Study
Market Segments Covered in the Report:
- Other Form
By Distribution Channel
- Distribution Channel
- Online and
- Other Distribution Channel
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
- White House Foods
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