Fruit Vinegar Market Size Competitive Landscape, Industry analysis, Segmentation and Trends
As
per the research reports by MRFR, the global market for fruit vinegar is
projected to attain a substantially larger market size 791.38 million while
flourishing at a robust CAGR 5.1% over the forecasted timeframe from 2022 to 2030.
Vinegar
refers to a liquid containing water, about 5–20% acetic acid, and other trace
chemicals. Vinegar also comes in various flavors, but fruit vinegar is
considered a vital one. Fruit vinegar is derived from several fruits that cause
different flavors, such as tomato, quince, raspberry, blackcurrant, and apple. Fruit
vinegar is known to offer several nutritional benefits. The global fruit
vinegar market has recorded praiseworthy growth in recent years. The market's
growth is mainly driven by the growing enormous growth of the foodservice
industry across the globe. Organized foodservice includes licensed standalone
and chain players functioning across quick-service restaurants, cafes, lounges,
bars, hotels, and restaurants that primarily depend on fruit vinegar as an
integral ingredient to prepare the final dish. Furthermore, the strong growth
in the retail sector has also positively impacted the market's growth in the
past few years.
Regional
Analysis
The
global fruit vinegar market is examined across five major regions: Asia-Pacific,
Europe, North America, South America, and the Middle East & Africa.
As
per the research report by MRFR, the Asia-Pacific region is anticipated to
secure the top position in the global fruit vinegar market over the review timeframe.
The major aspect causing an upsurge in the regional market's growth is the
growing awareness of healthy food habits. Furthermore, factors such as
increasing disposable income of consumers and launching various new &
innovative flavor vinegars across the region are also projected to influence
the market's growth positively over the forecasted era.
The
European regional market for fruit vinegar is anticipated to grow substantially
over the assessment era. Germany held the maximum share in the regional market
in 2017.
Competitive
Analysis
The
global fruit vinegar market has a strong and competitive landscape. The players
across the global market are focusing on developing their global market
presence by implementing various growth policies. With the enormous growth in
demand for this vinegar worldwide, key players are launching several new and
innovative flavors. The list of prominent players in the global fruit vinegar
market includes ACETUM SRL (Italy), Mizkan Group (Japan), Vitacost, Inc.
(U.S.), Bragg Live Food Products, Inc. (U.S.), Acetificio Marcello De Nigris
(U.K.), Australian Vinegar, Inc. (Australia), Fleischmann's Vinegar Company,
Inc. (U.S.), and several others.
Segment
Analysis
The
global Fruit Vinegar Market Overview has been fragmented into various segments based on
distribution channel, application, form, source, and region.
Based
on the source, the global market for fruit vinegar is split into tropical
fruits, pomes, drupes, berries, melons, and citrus fruits.
The
global fruit vinegar market is divided into gel and liquid-based on the form.
Based
on application, the global market for fruit vinegar is fragmented into cosmetic
& personal care, beverages, food, and others.
The
global market for fruit vinegar is split into non-store-based and store-based
channels based on the distribution channel.
Recent
Developments
·
September 2021
– A series of sophisticated, uniquely-made beverages created by acclaimed
U.K.-based wine writer Matthew Jukes, Jukes Cordialities has announced that three variations of Jukes – Jukes 8, the 'Rosé,' Jukes 6,
the 'Red,' and Jukes 1, the 'White,' – are now available for purchase across
the U.S. Developed to go excellently with fine foods, the brand brings the
latest category of elevated, non-alcoholic premium beverages to the U.S.
market. Every variety is combined with the highest quality natural fruit,
organic apple cider vinegar, flowers, spices, herbs, and vegetables. It caters to
the perfect food combination for those looking to enjoy a superior dining experience
without any alcohol.
·
February 2021- Garden of
Life has announced a partnership
with actress Alicia Silverstone to mutually develop their first full line
of Apple Cider Vinegar Gummies. The latest mykind Organics Apple
Cider Vinegar Gummies are approved USDA Organic, vegan and gluten-free, and
Non-GMO Project Verified. They are designed to support immune system health,
support weight management, boost energy, and healthy digestion.
According
to the MRFR reports, the global Fruit Vinegar Market Size is likely to attain a over USD 791.38 Billion by the
end of 2030 while flourishing at a healthy CAGR of over 5.1% during the
forecasted era.
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