According to a new report, published by KBV research, The Global Vinegar Market size is expected to reach $6.4 billion by 2028, rising at a market growth of 2.5% CAGR during the forecast period.
The B2C segment is showcasing a CAGR of 4.3% during (2022 - 2028). This is due to the ease of internet buying, which has fueled the expansion of B2C sales channels for vinegar. Online marketplaces make it simple for customers to get vinegar goods and have them delivered right to their homes. In addition, with more producers and distributors joining the market, more vinegar products are now available. Via B2C sales channels, this has made it simpler for customers to locate and buy vinegar goods, thereby surging market growth during the forecasted period.
The Food & Beverages segment acquired maximum revenue share in the Global Vinegar Market by Application in 2021 thereby, achieving a market value of $2.3 billion by 2028. This is because vinegar is used in various food and beverage applications, including salad dressings, marinades, sauces, and pickling. Vinegar may improve the flavor of other ingredients in recipes and give food items a distinctive acidic flavor. It is the perfect component for the food business since it has a long shelf life and can function as a natural preservative. Its acidic qualities assist in keeping food goods from spoiling and bacterial development, which may increase the shelf life of certain foods.
The Organic segment is leading the Global Vinegar Market by Source in 2021 thereby, achieving a market value of $4.4 billion by 2028. This is due to customer preferences, environmental concerns, and the health advantages of vinegar made from organic sources. The demand for organic vinegar is anticipated to increase as customers prioritize wellness and environmental protection. Also, organic apple cider can be filtered, and the yeast and bacteria from the fermentation process still exist in organic cider.
The Cider segment has shown the growth rate of 2.1% during (2022 - 2028). This is owing to the fact that cider vinegar's popularity and demand have grown as people become more aware of its health advantages, adaptability, and natural qualities. Customers seeking natural substitutes for conventional goods find cider vinegar intriguing since it is natural and organic. Acetic acid and polyphenols, included in cider vinegar, are good substances associated with several health advantages, including weight reduction, improved digestion, and better blood sugar regulation.
The North America market dominated the Global Vinegar Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.2 billion by 2028. The Europe market is exhibiting a CAGR of 2.2% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 3.2% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/vinegar-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Kraft Heinz Company, Carl Kühne KG (GmbH & Co.), Mizkan Holdings Co., Ltd., Eden Foods, Inc., De Nigris Group, Australian Vinegar, Burg Groep B.V., Marukan Vinegar (U.S.A) Inc. (Marukan Vinegar Co., Ltd.), Molson Coors Beverage Company (Aspall Cyder Ltd.) and White House Foods.
By Distribution Channel
By Application
By Source
By Product
By Geography
Companies Profiled
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