Press release
Apple Cider Vinegar Market To Accrue Revenue Worth USD 2100.00 Million by 2026: Facts and Factors
The global apple cider vinegar market in 2019 was around USD 1300.00 Million. The market is expected to grow at a CAGR of more than 5.0% and is anticipated to reach around USD 2100.00 Million by 2026.Apple cider vinegar is usually a mixture of fruity cider vinegar and apple juice concentrate's moderate sweetness. It is a common ingredient in food preservatives, dressings, and flavorings. Apple cider vinegar is normally a vinegar made of apples, yeast, and sugar. It is formed by exposure to yeast from crushed apple fruit, which ferments the sugar and transforms it into alcohol. In addition, added bacteria into the alcohol solution, which ferments the alcohol again and converts it into acetic acid, the vinegar's principal active ingredient. Apple cider vinegar is used as a preservative, for baking, cooking, and salad dressings.
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Apple cider vinegar intake provides multiple benefits such as maintains a stable alkaline pH level, weight loss reduction, helps reduce blood pressure, helps control blood sugar, thereby reducing the risk of heart disease. It also helps to reduce elevated cholesterol, help to eliminate contaminants, supply enzymes to the body, and cure skin conditions. The rising consumer awareness regarding the health benefits of apple cider vinegar and its widespread use in the food & beverage industry is one of the most key factors driving the growth of the global apple cider vinegar market. The global apple cider vinegar market is expected to grow owing to the in-demand by rising demand for food & beverages, pharmaceuticals, and the personal care industry. It has elevated the demand for apple cider vinegar and an extensive focus on research and development by key players. The growing number of the manufacturing sector is anticipated to witness significant growth in the global apple cider vinegar market within the forecast period. It is one of the most important components in baking, cooking, food preservative, and salad dressings. Too much consumption of apple cider vinegar may lead to unwanted effects like tooth decay, skin burn, etc. These results may hamper the market’s growth. Research and development, innovations activities in the technology of apple cider vinegar and increased investment in apple cider vinegar products are anticipated to open new avenues for the apple cider vinegar market in the near future.
The worldwide apple cider vinegar market is mainly bifurcated into type, form, distribution channel and application. By type, the global market is bifurcated as filtered, and unfiltered. Among which the unfiltered segment was accounted for the major revenue share in the global market. On the basis of form, the global market is classified as liquid, powder, tablets, and capsules. On the basis of the distribution channel, the global apple cider vinegar market is classified as drug stores, supermarkets/hypermarkets, online sales, convenience stores, and others. By application, the global apple cider vinegar market is categorized into pharmaceuticals, personal care, food and beverages, and others (industrial applications and household). Among the above-mentioned segment, the foods & beverages were accounted for a larger revenue share in 2019. In addition, research and development, innovative product launch, improved taste and versatility, and high levels of marketing support are driving the apple cider vinegar demand. The growth in the pharmaceuticals, food & beverages, personal care segment in the past few years has increased the demand for apple cider vinegar.
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On the basis of region the apple cider vinegar market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the North American region dominates the apple cider vinegar market among all the regions followed by Europe in terms of value.
Some of the key players operating in the market include Vermont Village, Viva, Bragg, White House, Spectrum Naturals, Barnes Naturals, Kevala, Carl Kühne KG, The Kraft Heinz Company, Old Dutch Mustard Co. Inc., Castelo Alimentos S/A, Aspall, and Marukan Vinegar USA Inc., among others.
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This report segments the global apple cider vinegar market as follows:
Global Apple Cider Vinegar Market: Type Analysis
Filtered
Unfiltered
Global Apple Cider Vinegar Market: Form Analysis
Form
Powder
Liquid
Capsules
Tablets
Global Apple Cider Vinegar Market: Distribution Channel Analysis
Supermarkets/Hypermarkets
Drug Stores
Convenience Stores
Online Sales
Others
Global Apple Cider Vinegar Market: Application Analysis
Food & Beverages
Pharmaceuticals
Personal Care
Others (Industrial Applications and Household)
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