Vinegar, first used by the Babylonians as a condiment and preservative, consists of about 5–20% acetic acid, water and other trace chemicals. Commercial vinegar is produced either by fast or slow fermentation processes and is mainly used as a cooking ingredient. During 2014-2018, the global vinegar market grew at a CAGR of around 2%. The market is currently being driven by an increasing demand in domestic, medical and industrial applications. Although the food Industry accounts for the majority of the global vinegar consumption, vinegar also finds applications in the beverage industry, healthcare industry, cleaning industry, agriculture industry, etc. This report by Expert Market Research, entitled “Vinegar Market Report and Forecast 2019 – 2024”, provides a comprehensive analysis for anyone who plans to foray into the vinegar market.
Historical market trends for the vinegar industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global vinegar market into the following regions – North America, Asia Pacific and Europe. Currently, Europe represents the largest market, with Italy being the major consumer and exporter. On the basis of product type, the global vinegar market has been segmented into balsamic vinegar, red wine vinegar, cidar vinegar, rice vinegar, white vinegar and others. For each of the types, the report has provided both historical and future market trends. Additionally, the report has analyzed the global vinegar market on the basis of its end use. Some of the key end-use segments include culinary, health & beauty, medical and industrial.
The value chain analysis of vinegar, encompassing all the activities such as procurement, manufacturing, sales and distribution, has also been covered in this report. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the vinegar industry has also been provided. Some of the key players in this market include Acetificio Acetum S.R.L., Acetificio Marcello De Nigris, Aspall, etc.
This report provides an exhaustive insight for setting-up and running a vinegar manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global vinegar market?
- Which are the biggest markets (regions) for vinegar?
- What are the major types of vinegar? Which are the most popular?
- What are the key application areas for vinegar?
- Who are the key manufacturers in the vinegar market?
- What are the land and construction requirements to start a vinegar manufacturing plant?
- What are the machinery requirements to start a vinegar manufacturing plant?
- How is vinegar priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a vinegar manufacturing plant?
- What are the running costs of a vinegar manufacturing plant?
- How much revenue can a vinegar manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the vinegar industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.