Global Fruit Vinegar Market Overview
The emerging market opportunities for fruit vinegar market Size appear to be conducive for the acceptance of convenience food in European and North American region. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on “Global Fruit Vinegar Market Size Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving million-dollar growth readily in the forecast period.
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Vinegar is a liquid, consisting of about 5-20% acetic acid, water, and other trace chemicals. Vinegar also comes in various flavors. It is mainly used as a cooking ingredient. It is one of the important types of vinegar. Fruit vinegars are made from various fruits. It comes in various flavors such as apple, blackcurrant, raspberry, quince, and tomato. The demand of the fruit vinegar is increasing widely due to its various nutritional benefits. The demand of the fruit vinegar is anticipated to be driven by the various factors.
One of the factors responsible for increasing growth of fruit vinegar is introduction of new products. Consumers are also inclined to use new products. One of the recent trends observed is getting momentum in the global fruit vinegar market Size is natural fruit vinegar. Manufacturers are emphasizing to launch natural products due to the increasing awareness of the adverse effects of chemical preservatives. Apart from this, fruit vinegar is increasingly used in sauces & dressings which in turn will escalate the sales of fruit vinegar during the forecast period of 2017-2023.
Fruit vinegar also finds application in the cosmetic & personal care sector due to the presence of high amount of vitamin D is that prevents the cell aging and strengthens the body immunity. Fruit vinegar also offers anti-glycaemic properties to diminish blood sugar levels. Presence of acetic acid content helps in minimizing blood sugar by averting the complete digestion of complex carbohydrates. All these factors are anticipated to enhance the sales of fruit vinegar during the forecast period of 2017-2023.
Fruit Vinegar Market Regional Analysis
Regional segmentation of fruit vinegar market size has been done based on North America, Europe, Asia Pacific, and Rest of the World (ROW).
Asia Pacific fruit vinegar market size is expected to hold a dominant position over the coming years due to the practice of consuming fruit vinegars especially in countries like South Korea, Japan, and Taiwan. Here fruit infused vinegar is often consumed after or between meals. Increasing disposable income and promotion of healthy food habits will augment fruit vinegar market growth in the region.
The benefits of fruit vinegar drinks are being acknowledged in the west as well and therefore, fruit vinegar market in Europe is anticipated to grow considerably during the forecast period of 2017-2023.
Fruit Vinegar Market Competitive Overview:
Some of the players in the fruit vinegar market size that are expected to account for a considerable market share include Bragg Live Food Products, Inc., Australian Vinegar, Inc., Acetificio Marcello De Nigris, Mizkan Group, Vitacost, Inc., ACETUM SRL and Fleischmann's Vinegar Company, Inc.
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Fruit Vinegar Market Segmentation:
Fruit vinegar market size segmentation has been done based on source, form, application, and distribution channel.
Based on source, fruit vinegar market size has been classified as citrus fruits, berries, melons, drupes, pomes, and tropical fruits. Fruit vinegar market is expected to witness the highest CAGR over the coming years from the growing demand and production of citrus fruit vinegar. However, berries have been known to account for the largest revenue share in the fruit vinegar market.
Fruit vinegar market segmentation according to form includes gel and liquid.
Based on application, the market is segmented as food, beverages, cosmetic & personal care and others.
Distribution channel-based classification of fruit vinegar market size comprises store based and non-store-based distribution.
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