According to a new report by Expert Market Research titled, ‘Global Vinegar Market Report and Forecast 2020-2025’, the global vinegar market reached USD 1.30 billion in 2019. It is further expected to grow in the forecast period of 2020-2025 at a CAGR of 1.8% to attain USD 1.45 billion in 2025.
The global vinegar market is being driven by the rising consumption of food globally. Europe is the largest vinegar market, representing nearly half the global market. With premium vinegar types being produced in the region, various EU schemes protect and promote the traditionally produced regional vinegar. To protect the integrity of the name and quality of these products, they are protected under schemes like Protected Geographical Indication (PGI) and Protected Designation of Origin (PDO). Currently, only Aceto Balsamico di Modena is registered under PGI, while three Spanish vinegar (Vinagre de MontillaMoriles, Vinagre de Jerez, and Vinagre de El Condado de Huelva) and two Italian vinegar types (Aceto Balsamico Tradizionale di Reggio Emilia and Aceto Balsamico Tradizionale di Modena) are registered as PDOs.
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Within Europe, Italy is the leading market for vinegar as well as its major exporter. With the commercialisation and rising demand for premium vinegar products from Italy like Aceto Balsamico di Modena, the export values of Italian vinegar are projected to be much higher than other major exported vinegar types in the region like Spanish and German. Italy also exports twice the quantity of vinegar as compared to Germany, Spain, and France.
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Market Analysis by Types:
- Red Wine
Balsamic, red wine, cider, rice, and white vinegar, among others, are the various types of vinegar available in the market.
Market Analysis by End-Use:
Vinegar finds its end-uses in the institutional and retail sectors.
Market Analysis by Regions:
- North America
- United States of America
- United Kingdom
- Asia Pacific
- Latin America
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- South Africa
Region-wise, the market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Competitive Landscape & Supplier Analysis
- Acetum S.R.L
- Australian Vinegar Pty Ltd
- Aspall Cyder Ltd
- Bizen Chemical Co. Ltd.
- Burg Groep B.V.
- Castelo Alimentos S/A
- Ponti S.p.A.
- Fleischmann’s Vinegar Company, Inc.
- Kraft Heinz Co (NASDAQ: KHC)
- Mizkan Holdings
- Shanxi Shuita Vinegar Co., Ltd
Note 1: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Note 2: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
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