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Global Apple Cider Vinegar Market to Grow at a CAGR of 6.40% During 2022-2027, Driven by the Growing Trend of Health and Wellness

According to a new report by EMR titled, ‘Global Apple Cider Vinegar Market Report and Forecast 2022-2027’, the global market for apple cider vinegar attained a value of about USD 891.9 million in 2021. The market is further expected to grow at a CAGR of 6.40% in the forecast period of 2022-2027.

The market for apple cider vinegar is being propelled by the growing trend of health and wellness. As apple cider vinegar is beneficial for gut health, its demand is significantly surging and driving the growth of the market. Due to its excellent antioxidant, antimicrobial, and antifungal properties, apple cider vinegar also finds its use in various medicinal applications. The growing focus on weight and calorie management owing to the rising health consciousness is further leading to a surge in the consumption of apple cider vinegar to lower blood sugar levels, boost metabolism, and maintain cholesterol levels. Moreover, the rising popularity of apple cider vinegar gummies owing to their convenient and tasty format is bolstering the growth of the market. Various manufacturers are offering innovative, non-GMO, and gluten-free apple cider vinegar gummies, which are providing further impetus to the growth of the market.

Some of the leading companies in the market for apple cider vinegar are Molson Coors Brewing (NYSE: TAP) and Bragg Live Food Products. In January 2022, the latter announced the introduction of Bragg True Energy Apple Cider Vinegar supplements. It provides the daily dose of energy and supports a steady flow of energy at the cellular level. The formula delivers 750 mg of acetic acid per dose and delivers powerful health benefits. As acetic acid reduces carbohydrates absorption and reduces blood sugar spike, the product is ideal for maintaining healthy cholesterol levels and weight management. Moreover, the product is scientifically backed to prevent energy slumps and sugar crashes. The development of such innovative products by the leading companies is positively impacting the market for apple cider vinegar.

Market Analysis by Nature, Form, Distribution Channel, and Region:

  • The market, on the basis of nature, can be divided into conventional and organic.
  • Based on form, the industry can be divided into liquid, among others.
  • The distribution channels for apple cider vinegar include online stores, speciality stores, and supermarket/hypermarket, among others.
  • The regional markets for apple cider vinegar include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The market growth can be attributed to the extensive utilisation of apple cider vinegar in various culinary traditions and the increasing launches of apple cider vinegar with no added preservatives and colours.
  • With the surging prevalence of various health-related issues, apple cider vinegar is used in weight management and blood sugar management, hence driving the market growth.
  • The growing awareness regarding the health benefits of apple cider vinegar is leading to its incorporation in various food and beverage products, which is propelling the market growth.
  • The increasing consumption of apple cider vinegar as a wellness drink owing to the growing trend of health and wellness is driving the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for apple cider vinegar for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the nature, forms, distribution channels, and major regions of apple cider vinegar.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global apple cider vinegar market are Barnes Natural, Carl Kühne KG, Molson Coors Brewing, Bragg Live Food Products, LLC, Manzana Products Co., Now Health Group, Inc., and Mizkan America Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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