Increasing Demand for Convenience Food Is Expected to Fuel Market Growth of The Vinegar Industry

Globally, the vinegar market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for market players to invest in research and development of the vinegar-based derivatives.

ID: 1553352
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(businesspress24) - The Global Vinegar Market is subject to witness a substantial growth due to the favorable government initiatives to promote adoption of organic farming methods by small-stake holders for higher crop yield. Additionally, robust expansion in the organic farming in Asia Pacific is predicted to fuel the market demand for vinegar in the upcoming years.

Globally, the vinegar market is predicted to generate massive revenue over the forecast period, providing numerous opportunities for market players to invest in research and development of the vinegar-based derivatives. Vinegar is produced by fermentation of dilute alcoholic liquid like beer, cider and others types of beverages. Vinegar majorly consists of acetic acid that provides sour taste to the product. Vinaigrette, which is made by ambulation of vinegar and edible oil such as olive oil, soybean oil, cider oil, and walnut oil, is gaining wide popularity among consumers as a salad dressing ingredient.

Addition of the different types of spices, herbs, and salt along with vinaigrette to enrich flavor for salad dressings is expected to amplify market demand for vinegar. Changing food patterns and increasing demand for convenience food are expected to fuel market growth of the vinegar industry over the forecast period. Increasing popularity of the on-the-go food and snacks items like salads and sandwiches is predicted to boost market demand for the vinegar-derivatives in the upcoming years.

Furthermore, favorable government initiatives to promote adoption of the organic farming is expected to drive market demand for wood vinegar in the near future. Implementation of the biodegradable and non-toxic chemicals for farming is anticipated to foster market growth of organic vinegar-derivatives such as wood vinegar. Robust growth of the agriculture sector owing to the recent technological advancement and increasing popularity of the organic farming are projected to amplify the growth of vinegar market in the upcoming years. Large-scale acceptance from consumers, particularly in the North America is estimated to drive market growth. Increase in the production of vinegar and abundant resources of wood vinegar in Asia Pacific are expected to offer lucrative growth opportunities for market players in the region.



Additionally, rising awareness associated with health benefits of vinegar among general population and lower cost are propelling market expansion in the recent years. The vinegar market is broadly categorized into multiple types based on products types such as grape must vinegar, apple cider vinegar, white wine vinegar, wood vinegar, red wine vinegar, malt vinegar and others. The wood vinegar is considered as one of the fastest growing segment in the vinegar market with substantial revenue generation in the last couple of years.

Growing popularity of the wood vinegar market segment is attributed to increasing demand from Asia Pacific region and economic viability of wood vinegar during its production. The balsamic vinegar or grape must vinegar has witnessed massive growth, in the last few years, owing to the availability of wide variety of product variant, and increasing demand form North America and European region.

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. European region has shown major growth in recent years owing to the rise in the implementation of latest techniques for manufacturing vinegar, rapid shift in consumer preference towards convenient healthy food products, and presence of vast consumer base in the region. Asia-Pacific region is predicted to hold major market share in the vinegar market with massive growth in forecast period.

Countries such as India, China, Malaysia, Indonesia, Japan and Singapore are leading the Asia-Pacific market with increasing consummation of vinegar-based products, rising per capita income and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in the vinegar market are Borges Branded Foods S.L.U., Fleischmann''s Vinegar Company, Inc., The Kraft Heinz Company, Mizkan Group, Inc., Annie''s Homegrown, Inc., Wood Vinegar Australia Co., Sort of Coal Resense ApS, VerdiLife LLC, Taiko Pharmaceutical Ltd., Nettenergy B.V., and Applied Gaia Co.



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Date: 10/24/2019 - 07:14
Language: English
News-ID 1553352
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Freigabedatum: 24.10.2019
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