Apple Cider Vinegar Market Set to Surpass USD 1,074.7 million by 2034 as Consumer Tastes Evolve Says Future Market Insights, Inc.
Germany is set to become a key supplier of apple cider vinegar in Europe, with an anticipated sales growth rate of 4.3% CAGR from 2024 to 2034. The rising use of cider vinegar in food preparation, along with increasing demand for organic and plant-based foods, is driving this growth. The trend is echoed across Europe, particularly in the UK and France, where healthier products with functional benefits are in high demand.
/EIN News/ -- NEWARK, Del, Aug. 27, 2024 (GLOBE NEWSWIRE) -- The global apple cider vinegar market value in 2019 was USD 516.8 million and it thrived at a CAGR of 4.9% in the following five years. In 2024, the net worth of this market is estimated to be almost USD 684.5 billion.
The global sales of apple cider vinegar are expected to rise at a rate of 5.7% per year between 2024 and 2034. The global apple cider vinegar industry value is predicted to reach USD 1,074.7 million at the end of this forecast period.
Sales are expected to grow since apple cider vinegar is widely regarded as the most efficient weight-loss treatment and is a staple of many diet regimens. As consumer interest in wellness continues to develop, more health-related firms are employing ACV powder to make tablets and sweets and are influencing the market positively.
Key Takeaways from the Apple Cider Vinegar Market Study Report
- The United States apple cider vinegar market is anticipated to register a CAGR of 3.2% during the projected years.
- Germany is likely to witness a 4.3% CAGR in the production and supply of apple cider vinegar over the next ten years.
- China is the leading producer of apple cider vinegar in Asia which is expected to follow 3.8% CAGR during the forecast years.
- The Apple cider vinegar industry of Japan is likely to witness a higher growth rate of 5.5% between 2024 and 2034.
- India is anticipated to present the most lucrative opportunities for apple cider vinegar suppliers with an estimated CAGR of 6.2% from 2024 to 2034.
Competitive Landscape for the Apple Cider Vinegar Market Players
The overall market is highly fragmented due to the presence of several companies in the apple-producing temperate regions of the world. Prominent firms, such as Barnes Naturals, Carl Kühne, PepsiCo, and others have extensively introduced a variety of free-from kinds of apple cider vinegar to support the growth of the potential market.
“Apple vinegar producers that hold a significant share of the market are always striving to create products that are both practical for consumers purchasing home things and functional. In addition to liquid apple cider vinegar, these top manufacturers also offer tablets and gummies which have a longer shelf life and a greater market value.” – says Nandini Roy Choudhury, Client Partner at Future Market Insights.
Recent Developments by the Apple Cider Vinegar Industry Participants
In March 2024, Apeal World, the sparkling apple cider vinegar brand, launched the third flavor option in organic lemon and mint. Sparkling water, organic apple cider extracts, and sustainably sourced spices are all combined to create these new apple cider vinegar flavors of lemon and mint. The firm has already introduced its clove, cinnamon, and vanilla RTD after ginger-flavored apple cider vinegar earlier.
In June 2023, Pureboost introduced its apple cider vinegar product as an antioxidant clean energy drink that is now the best-selling item on Amazon. This product is in the company's Superfoods Clean Energy segment and comes in a convenient portable pack. It is devoid of sugar and sucralose, much like all of their functional drink products. This new launch, which promises all of the benefits of apple cider vinegar was just after Pureboost concluded its round on WeFunder, where the business received over USD 2.8 million.
Access the Full Report on Apple Cider Vinegar Market Trends and Projections Now! https://www.futuremarketinsights.com/reports/apple-cider-vinegar-market
Key Players Profiled in the Apple Cider Vinegar Market Report
- Barnes Naturals
- The Kraft Heinz Company
- Carl Kühne KG
- Castelo Alimentos S/A
- Old Dutch Mustard Co., Inc.
- Marukan Vinegar USA Inc.
- Aspall
Key Segments Covered by Apple Cider Vinegar Industry Survey Report
By Application:
- Food & Beverages
- Pharmaceuticals
- Personal Care
- Household and Industrial Applications
By Distribution Channel:
- Direct Sales Channel
- Indirect Sales Channel
- Supermarkets or Hypermarkets
- Drug Stores
- Convenience Stores
- Specialist Stores
- Independent Retailers
- Departmental Stores
- Online Stores
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia and Pacific
- Middle East and Africa (MEA)
Authored by:
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
Top Reports Related to Food and Beverage Market:
Global Apple Seed Oil demand is anticipated to be valued at USD 5.15 Billion in 2022, forecast to grow at a CAGR of 4% to be valued at USD 7.62 Billion from 2022 to 2032.
The global organic acid market is expected to total USD 11.3 Billion in 2022. Demand for organic acid is forecast to increase at a steady CAGR of 5.3% over the forecast period.
The global cider and perry demand is anticipated to be valued at USD 92,413 million in 2023, forecast to grow at a CAGR of 3% to be valued at USD 1,24,713 million from 2023 to 2033.
The Vinegar and Vinaigrette market size is expected to grow at a CAGR of 3.60 %. The market value is projected to increase from USD 3,595.1 million in 2022 to USD 5,120.4 million by 2032.
The Wood Vinegar market value is expected to grow at a CAGR of 3.6%. The market value is projected to increase from USD 5,832.9 million in 2022 to USD 8,307.8 million by 2032.
The global salicylic acid market size is forecast to grow from an anticipated 2022 valuation of $417.8 Million to a 2032 valuation of $814.2 Million.
The global ferulic acid market size reached a valuation of USD 67.8 Million in 2022. The overall sales of ferulic acid are projected to grow at a robust CAGR of 6.74% between 2022 and 2032, totalling around USD 130.1 Million by the end of 2032.
The stearic acid market share is anticipated to record a CAGR of 7.6% during the forecast period, up from USD 33 Billion in 2021 to reach a valuation of USD 50 Billion by 2026.
The flavor and flavor enhancers market size is estimated to be worth USD 11.9 billion in 2024 and is projected to reach a value of USD 17.4 billion by 2034, expanding at a CAGR of 3.9% over the assessment period.
The global instant dry yeast market size is currently valued at around USD 720.5 million and is anticipated to progress at a CAGR of 5.1% to reach USD 1,184.9 million by 2034.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
Distribution channels: Book Publishing Industry ...
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release