Posted on 22 May 2019
According to a new report by EMR titled, ‘Global Vinegar Market Report and Forecast 2019-2024’, the global vinegar market reached USD 1.28 billion in 2018. It is further expected to grow in the forecast period of 2019-2024 at a CAGR of 1.8% to attain USD 1.43 billion in 2024.
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.
While in Europe the majority of the vinegar is derived from wine, it can also be derived from other sources like rice. In Asia, Chinese black vinegar and the Japanese ‘kurosu’ is derived from rice and other cereals like wheat, sorghum, and others. The Asia Pacific and North America are the other significant markets for vinegar, globally. In the US, a leading vinegar market in North America, the FDA (Food and Drug Administration) mandates that a minimum of 4% acids must be present in all vinegar products. The country is also home to one of the largest vinegar manufacturers, Kraft Heinz, which has been packaging vinegar for home use since late 1800s and produces over 7.5 million gallons of vinegar annually for the American market.
Market Analysis by Types, End-Use, and Regions:
Key Findings of the Report:
Key Offerings of the Report:
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., The Kraft Heinz Company, Mizkan Holdings, and Shanxi Shuita Vinegar Co., Ltd are the key players in the global vinegar market as identified by the EMR report. The report looks into the capacity, market share, and latest developments of these major players like capacity expansions, plant turnarounds, and mergers and acquisitions.
EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
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