Market Overview:
Global Fruit vinegar market is expected to grow at the CAGR of 7.2%. Vinegar is a liquid consisting of about 5–20% acetic acid, water, other trace chemicals. Vinegar also comes in a variety of flavors but fruit vinegar is one of the important types. Fruit vinegars are made from various fruits which attributes to its availability 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 global fruit vinegar market is witnessing a massive growth over the last few years. The demand of the fruit vinegar is attributed to the increasing consumer awareness of healthy food habits and increasing disposable income of the consumers. Consumers are also paying more attention to adopt convenient food in order to minimize the time. For that, consumers are preferring food service companies to buy the product. Increasing usage of various flavor of vinegar by the restaurants is expected to create a massive impact in the growth of fruit vinegar during the forecast period. Also, strong growth of organized retail sector is considered to be one of the significant reasons of the rising growth of Fruit vinegar.
Key players in the global Fruit vinegar market are emphasizing to enhance their investment in product development in order to extend the product line. Additionally, the companies are also inclined to increase their footprint across the world by acquiring local and regional players. Apart from that, the companies are introducing their products in the developing economies in order to penetrate in the untapped market.
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Key Findings:
- Asia Pacific dominates the fruit vinegar market followed by Europe
- Among the Asia Pacific, Japan is projected to witness a massive growth during the forecast period of 2017-2023
Major Key Players:
This report includes a study of strategies such as mergers and acquisitions, product launches by the major fruit vinegar market players. It further includes product portfolios, developments of leading major players which includes
- Bragg Live Food Products, Inc. (U.S.)
- Fleischmann’s Vinegar Company, Inc. (U.S.)
- Vitacost, Inc. (U.S.)
- Australian Vinegar, Inc. (Australia)
- Mizkan Group (Japan)
- Acetificio Marcello De Nigris (U.K.)
- Acetum Srl (Italy)
The global fruit vinegar market is segmented on the basis of source, form, application, distribution channel and region
Regional Analysis:
The Global Fruit Vinegar Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, Asia Pacific region has a major market share. The market is projected to grow at a steady pace in the review period. Asia Pacific will be the fastest growing region in the fruit vinegar market. Fruit vinegar has numerous health benefits and increasing awareness of healthy food is anticipated to propel the sales of fruit vinegar market. Among the Asia Pacific countries, Japan is anticipated to account for the maximum market proportion in the year of 2017 and it is projected to retain its dominance throughout the forecast period of 2017-2023.
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The fruit vinegar market is segmented under the following regions:
North America
- US
- Canada
- Europe
Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
Asia-Pacific
- China
- India
- Australia
- Singapore
- Rest of Asia Pacific
Rest of the world
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- Others
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