Fruit Vinegar Market Overview
Fruit Vinegar Market is predicted to grow at CAGR of 5.1% with USD 791.38 billion by 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.
Competitive Analysis
The global fruit vinegar key market players 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 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.
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.
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.
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