Global Vinegar Market 2017-2021
Vinegar is a preservative and condiment produced from the acetic bacterial activity. It comes in different flavors, such as apple, coconut malt, cane, lemon, fig, raspberry, garlic, and herbal. Vinegar is categorized into five types such as balsamic vinegar, red wine vinegar, rice vinegar, white distilled vinegar, and cider vinegar. It is widely used in marinades and dressings. During ancient civilizations, vinegar was used as a condiment, preservative, antibiotic, medicine, and as a detergent.
Technavio’s analysts forecast the global vinegar market to grow at a CAGR of 6.74% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global vinegar market for 2017-2021. To calculate the market size, the report considers sales, volume, and value of the market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Vinegar Market 2017-2021
Technavio recognizes the following companies as the key players in the global vinegar market: Acetifici Italiani Modena, Australian Vinegar, Bizen Chemical, Fleischmann’s Vinegar, Kraft Heinz Company, Mizkan, and Shanxi Shuita Vinegar.
Other Prominent Vendors in the market are: Acetum, Aspall, Australia & New Zealand Distillery, Burg Groep, Carbonell, Carl Kühne, Castelo Alimentos, Charbonneaux Brabant, Eden Foods, Galletti, Jiangsu Hengshun Vinegar, Manor Vinegar, Marukan Vinegar, MONARI FEDERZONI S.P.A, Old Dutch Mustard, Papadimitriou C.C. S.A., PONTI S.P.A, Porta Hnos, Pristine, Reinhart Foodservice, Vinagrerías Riojanas, and Pomdial.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is innovation in flavors. The introduction of new vinegar flavors by key market players caters to the ever-changing palates of consumers. This trend has even boosted the demand for products like frozen vinegar. Consumers demand new and exciting flavors in vinegar.”
According to the report, one driver in the market is health benefits associated with vinegar. Urbanization and consumerism have prompted extensive changes in the ways of life and dietary habits of individuals all over the world. Owing to their busy schedules, consumers constantly look for ways to maintain a healthy lifestyle. High obesity rate and increased health concerns are major drivers for the growth of the global vinegar market. Vinegar is made through a long fermentation process. It has acetic acid and gallic acid.
Further, the report states that one challenge in the market is side effects of vinegar. Apple cider vinegar controls blood sugar by reducing the rate at which normal food digestion occurs. This implies that the rate at which food gets absorbed into the bloodstream is also reduced. This can lead to gastroparesis, which means the undigested food will remain in the stomach, thereby resulting in heartburn and nausea. Apple cider vinegar may cause a dip in appetite levels and tricks the stomach into feeling full, which results in low-calorie intake.
Acetifici Italiani Modena, Australian Vinegar, Bizen Chemical, Fleischmann’s Vinegar, Kraft Heinz Company, Mizkan, Shanxi Shuita Vinegar, Acetum, Aspall, Australia & New Zealand Distillery, Burg Groep, Carbonell, Carl Kühne, Castelo Alimentos, Charbonneaux Brabant, Eden Foods, Galletti, Jiangsu Hengshun Vinegar, Manor Vinegar, Marukan Vinegar, MONARI FEDERZONI S.P.A, Old Dutch Mustard, Papadimitriou C.C. S.A, PONTI S.P.A, Porta Hnos, Pristine, Reinhart Foodservice, Vinagrerías Riojanas, and Pomdial.
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