Market Overview
Global Fruit Vinegar Market has recently witnessed massive growth due to the rise in awareness about the consumption of drinks that are comparatively nutritious and tasty at the same time. Drinking fruit vinegars has been practiced in various Asian countries for thousands of years, but the phenomenon is relatively new in the western world. Though cocktail bars have been catering to the demand for drinks that are relatively sour, mass market availability of fruit vinegars is new in the west. The urge to decrease sugar consumption and increase the consumption of healthier drinks has created the perfect conditions for fruit vinegar market growth.
Fruit vinegars are associated with healthy, whole fruits and much more delicious than the generally available cider apple vinegar. They are lower in sugar content and regular consumption of fruit vinegars can reduce cholesterol, promote digestion, support the immune system, soothe irritated skin and relieve muscle pain. They can even eliminate cell aging and can prevent fatigue. It is also believed that the vitamins and amino acids in fruit vinegar synthesize with the calcium inside our body to form calcium acetate and strengthen calcium absorption. Fruit vinegar industry players are also capitalizing on the fact that that fruit vinegar consumption can aid in weight loss. A considerable portion of the market share garnered by the wellness industry can therefore by attributed to the growing fruit vinegar market.
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Leading Players
Some of the players in the Fruit Vinegar Market that are expected to account for a considerable market share include Bragg Live Food Products, Inc., Australian Vinegar, Inc., Acetificio Marcello De Nigris, Mizkan Group, Vitacost, Inc., ACETUM SRL and Fleischmann’s Vinegar Company, Inc.
Industry News
With the rise of awareness about healthy drinking habits and a generation of drinkers who want to spend hours drinking without having to struggle with hangover the next morning, fruit vinegar drinks are gaining popularity. For instance, Artizn is a naturally fermented tonic, newly introduced Brooklyn. Frederic Naayem was influenced by the vinegar drinking ritual he observed in south Korea and brought the drink to the U.S. where it is already witnessing popularity during the holiday season. It is essentially a non-effervescent, smooth-tasting tonic which uses vinegar as a base. The base is provided by master brewers in South Korea and the drink comes with a number of benefits as it contains enzymes, antioxidants and organic acids.
Segmentation
Fruit vinegar market segmentation has been done on the basis of source, form, application and distribution channel.
On the basis of source, fruit vinegar market has been classified as citrus fruits, berries, melons, drupes, pomes, and tropical fruits. Fruit vinegar market is expected to witness the highest CAGR over the coming years from the growing demand and production of citrus fruit vinegar. However, berries have been known to account for the largest revenue share in the fruit vinegar market.
Fruit vinegar market segmentation according to form includes gel and liquid.
On the basis of application, the market is segmented as food, beverages, cosmetic & personal care and others.
Distribution channel-based classification of fruit vinegar market comprises store based and non-store based distribution.
Regional Analysis
Regional segmentation of Fruit Vinegar Market has been done on the basis of North America, Europe, Asia Pacific, and Rest of the World (ROW).
Asia Pacific fruit vinegar market is expected to hold a dominant position over the coming years due to the practice of consuming fruit vinegars especially in countries like South Korea, Japan and Taiwan. Here fruit infused vinegar is often consumed after or between meals. Increasing disposable income and promotion of healthy food habits will augment fruit vinegar market growth in the region.
The benefits of fruit vinegar drinks are being acknowledged in the west as well and therefore, fruit vinegar market in Europe is anticipated to grow considerably during the forecast period of 2017-2023.
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