Wine Vinegar Market Size, Growth Factors, Top Leaders, Development Strategy, Future Trends, Analysis, Competitive Landscape and Regional Forecast 2027
Posted on Aug 2 2021 11:37 AM
"Wine Vinegar Market Size, Share & Industry Analysis, By Type (Red Wine Vinegar, White Wine Vinegar), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail) and Regional Forecast, 2021-2028"
The global wine vinegar market size is expected to gain momentum backed by the increasing demand for organic food products and the evolving consumer preference for healthy food products worldwide. This information is published by Fortune Business Insights in its upcoming report, titled, “Wine Vinegar Market, 2021-2028.” In June 2020, The Good Glow announced the launch of apple cider vinegar shot that aids in improving metabolism, digestion, and energy. The growing demand for nutritious food products presents an opportunity for the manufacturers to leverage and strengthen their position in the market in the forthcoming years.
The government agencies across the globe have imposed lockdown and stringent social distancing norms to reduce the effect of the global pandemic, COVID-19. This has led to suspension of several industrial activities and shutdown of industries. Besides, stalling of several projects globally due to reduced manpower and less revenue generation is affecting the market growth.
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Based on type, the market is bifurcated into red wine vinegar and white wine vinegar. On the basis of the distribution channel, the market is segregated into supermarkets/hypermarkets, convenience stores, specialty stores, and online retail. Lastly, based on region, the market is segmented into North America, Asia-Pacific, South America, the Middle East and Africa, and Europe.
What does the Report Include?
The market report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to announce partnerships, introduce new products, and collaboration that will further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
Detailed Segmentation: -
- Red Wine Vinegar
- White Wine Vinegar
By Distribution Channel
- Convenience Stores
- Specialty Stores
- Online Retail
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East and Africa (South Africa, UAE, and Rest of MEandA)
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Increasing Demand for Organic Food Products to Promote Growth
According to the data by The World Counts, the overall sales of global organic food products has reached around USD 95 billion as of 2021. The increasing prevalence of child birth defects due to the high consumption of synthetic food products is propelling the demand for organic food products worldwide. Organic food products do not contain any pesticides and aid in reduction of pollution, conservation of water, and increases soil fertility. Therefore, the growing demand for organic food products is expected to boost the global wine vinegar market growth in the forthcoming years.
Asia-Pacific – The region is anticipated to hold the largest global wine vinegar market share during the forecast period. This is attributable to the rapid-paced urbanization that has exposed the people to varied culinary preparations in the region.
Europe – The market in the region is expected to showcase substantial growth in the forthcoming years. This is ascribable to factors such as the presence of established wine vinegar manufacturers in countries such as Greece, France, and Germany that are focusing on developing innovative product ranges between 2021 and 2028.
Established Companies Acquire Other Smaller Companies to Intensify Industry Competition
The market comprises small, medium, and large companies focusing on establishing their footprint and gaining a competitive edge over their rivals. The major companies are acquiring other small companies to expand their wine vinegar product portfolio and boost their sales revenue to contribute to market growth.
- March 2021 – Stonewall Kitchen, a leading specialty food producer, announced the acquisition of Urban Accents, a leading brand of seasonings, spices, and sauces. The move is expected to consolidate its position in the global marketplace.
List of the Companies Profiled in the Global Market:
- Stonewall Kitchen
- Lucini Italia Co.
- The Kraft Heinz Company
- Sparrow Lane Vinegars
- Holland House
- Spectrum Organic Products, LLC.
- Curation Foods, Inc.
- De Nigris
- Mizkan America, Inc.
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