Research Nester published a report titled “Fruit Vinegar market- Global Demand Analysis and Opportunity Outlook 2020-2028” which delivers detailed overview of the Fruit Vinegar market in terms of market segmentation by source type, by form type, by application type, by end users and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The market for fruit vinegar is anticipated to record a notable CAGR over the forecast period 2020-2028. The various nutritional benefits related to fruit vinegar such as reduction in blood cholesterol level and heart diseases along with its extended shelf life are estimated to drive the growth of the market. Further, the property of fruit vinegar to keep food fresh over longer periods of time, increase in the demand for ready to eat products along with the variety of flavors offered are anticipated to accelerate the market growth. Based on application type, the market is segmented into food & beverage, personal care and others. The market for food & beverage segment is anticipated to dominate the market owing to the various functional properties and multiple applications of fruit vinegar in fermented fruit products. Additionally, rising use of fruit vinegar in food preservatives on the back of presence of aroma, phytochemicals and antioxidants is estimated to propel the demand for high quality vinegar products over the forecast period.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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Based on the regional analysis, the market for fruit vinegar is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The presence of largest fruit vinegar manufacturers are increasing the demand for processed and packaged food, which in turn, will account for the significant growth in North America. The market in Asia Pacific is estimated to dominate the region on the back of various fruit vinegar flavors launched in the region along with the rising concerns for healthy diet. Moreover, the market in Europe is anticipated to record a substantial growth on the back of rising consumer desire towards healthy and frozen meat products along with the increasing use of fruit vinegar in different cuisines. Hence, these reasons are estimated to drive the growth of the market during the forecast period.
Rising Organized Food Service along with the Increase in Health Consciousness among Consumers
The increase in the number of quick service restaurants, lounges, cafes and fine dining restaurants are driving the demand for fruit vinegar in the market. Moreover, in order to attract new customers, the manufacturers are promoting fruit vinegar products with the growth in organized retail sector. The changing dietary patterns of the consumers and rising health concerns are accelerating the demand for fruit vinegar owing to the existence of essential nutrients along with various bioactive compounds. Apple cider vinegar is an important type of fruit vinegar owing to its health & skincare benefits. Additionally, for the preparation of final dish, fruit vinegar is used as an important ingredient and richness of apple cider vinegar in antioxidants along with the essential minerals are anticipated to account for the growth in the market over the forecast period.
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However, for some individuals consumption of fruit vinegar is allergic to their health, which in turn, is expected to operate as key restraint into the growth of fruit vinegar market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the fruit vinegar market which includes company profiling of Bragg Live Food Products, Fleischmann’s Vinegar Company, Australian Vinegar, Mizkan Holdings Co Ltd., De Nigris, Vinaigrerie Gingras, Kraft-Heinz Inc (NASDAQ:KHC), Oliviers & Co., Australia and New Zealand Distillery Limited and Acetum. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the fruit vinegar market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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