Fruit Vinegar Market by Trends, Growth, Scope, Size, Overall Analysis and Prognostication 2023
Research Reports
Jan 05, 2021
Global fruit vinegar market is studied in extensive detail in the new research report from Market Research Future (MRFR). The historical background of the global fruit vinegar market is explained in detail in the report, along with a complete assessment of the market’s present figures and future growth prospects. The major players operating in the global fruit vinegar market are also profiled in the report to provide readers with a complete picture of the market’s competitive landscape. The market’s major drivers and restraints are also profiled in the report.
Fruit vinegar is vinegar prepared with a fruit syrup or juice infusion, in order to add more flavor to it. While vinegar is a common enough cooking ingredient, the invention of fruit vinegar has served to make it even more popular. The growing demand for fruit vinegar from home chefs as well as professional cooks in professional establishments is likely to drive the global fruit vinegar market over the forecast period.
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The growing catering industry is likely to remain a major driver for the global fruit vinegar market over the forecast period. The rise in the number of hotels and restaurants has been dazzling, especially in emerging regions in Southeast Asia and the Middle East. This has driven the demand for ingredients such as fruit vinegar, which are widely used in preparing a number of dishes in hotels. The growing disposable income of consumers in emerging regions of the world is likely to be a major driver for the global fruit vinegar market over the forecast period, as this has been a major driver for the catering industry in these regions. The growing demand for foods that incorporate fruit vinegar is likely to drive the global fruit vinegar market over the forecast period.
Competitive Analysis:
Leading players in the global fruit vinegar market include Bragg Live Food Products Inc., Vitacost Inc., Mizkan Group, Acetum SRL, Acetifio Marcello De Nigris, Australian Vinegar Inc., and Fleischmann’s Vinegar Company Inc.
Segmentation:
The global fruit vinegar market is segmented on the basis of source, form, application, distribution channel, and region.
By distribution channel, the global Fruit Vinegar Market is segmented into store-based and non-store based. The store-based segment is further sub-segmented into convenience stores, supermarkets and hypermarkets, specialty retailers, and others.
By source, the global fruit vinegar market is segmented into berries, drupes, pomes, citrus fruits, melons, and tropical fruits. Berries account for the largest share in the global fruit vinegar market. However, citrus fruits are likely to exhibit the highest growth rate over the forecast period due to the growing demand for citrus-flavored vinegars.
By form, the global fruit vinegar market is segmented into liquid and gel.
By application, the global fruit vinegar market food, beverages, cosmetic and personal care products, and others.
Regional Analysis:
The global fruit vinegar market is segmented into North America, Europe, Asia Pacific, and rest of the world on the basis of region. Asia Pacific dominates the global fruit vinegar market on the back of the growing number of hotel and restaurants in urban centers in the region and the growing disposable income of consumers in the region, which is leading to an increasing interest in eating out rather than preparing one’s own meals. Fruit vinegars are an important part of the cuisine in Eastern Asian countries such as China and Japan, whereas the popularity of fruit vinegars is also rising in other countries in the region. This is likely to drive the fruit vinegar market in Asia Pacific over the forecast period.
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Europe is also likely to emerge as a major regional market for fruit vinegar over the forecast period due to the growing awareness about its health benefits and the growing demand for innovative cuisines.
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