Acetum: Market outlook
Acetum, popularly known as vinegar is an aqueous solution of acetic acid along with other ingredients added to imbibe flavors in solution. Acetum consists of 5-15% of acetic acid by volume. Acetum is used in a diverse industrial application including the food and beverage industry, the pharmaceutical industry, personal care products, and dietary supplements. Acetum is produced by the process of fermentation through various sources including malt, spirits, fruits, grain, and others. Acetum is used for culinary application, specifically in pickling liquids, and vinaigrettes and other salad dressings. It is a prominent ingredient and condiment used in a variety of sauces. Besides, acetum is used in the preparation of several ready-to-drink beverages and cocktails. Also, acetum also finds application in dietary supplements and personal care products. The market for acetum is thus anticipated to witness a profitable growth over the forecast period owing to the diverse application.
Versatility and Diverse Industrial Application is Anticipated to Fuel the Growth for Acetum
The demand for Acetum is witnessing a lucrative growth owing to increasing use of acetum in the food processing industry and varied culinary applications. The growing food processing industry is expected to be the primary driver for the escalating growth of the acetum market. The increasing demand for premium food products with unique taste and flavors among the consumers is further fuelling the demand for acetum. The growing market for ready-to-drink beverages and cocktails is also contributing to the increasing demand for acetum. Besides, the rising health and wellness awareness among the consumers is further boosting the market for health aiding dietary supplement acetum.
The manufacturers of acetum are focusing on updating their inventories with innovative flavors of acetum to gain the attraction of large consumer base. Besides, the manufacturers are offering organic and gluten-free acetum to fulfill the growing consumers demand healthy, gluten-free, and organic products. These strategies are helping the market players to gain consumers attraction and set a strong market presence.
Global Acetum: Market Segmentation
On the basis of nature, the global Acetum market has been segmented as-
On the basis of Source, the global Acetum market has been segmented as-
On the basis of product type, the global Acetum market has been segmented as-
- Balsamic vinegar
- Apple cider vinegar
- White wine vinegar
- Rice vinegar
- Red wine vinegar
- Malt vinegar
On the basis of end use, the global Acetum market has been segmented as-
- Food Industry
- Meat and Fish Products
- Seasoning and Dressing
- Sauces and Soups
- Dietary Supplement
- Personal Care
On the basis of distribution channel, the global Acetum market has been segmented as-
- Grocery Stores
- Convenience Stores
- Online Retail
On the basis of region, the global Acetum market has been segmented as-
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
Global Acetum: Key Players
Some of the major players of Acetum market include: Kraft Heinz Company, Kerry Group Plc (Fleischmann's Vinegar Company), Inc, Borges Branded Foods, Australian Vinegar, Mizkan Group, Shanxi, Woeber Mustard Manufacturing Company, Acetifici Italiani Modena, and others
- In 2018, the HealthyWiser brand introduced AppleLife Apple Cider Vinegar Capsules. This innovative offering by the company serves as a potential dietary supplement and helps in improving the nutrient absorption by the body.
- In 2018, O Olive Oil & Vinegar, California’s leading artisan vinegar maker, launched the first batch of non-GMO and gluten-free O Organic Apple Cider Vinegar without added sugars or preservatives.
Opportunities for Market Participants:
The demand for acetum is anticipated to increase over the forecast period in developed as well as developing economies. The regions like North America and Europe are expected to have the largest share for the acetum market. These regions offer a substantial opportunity for the growth of acetum owing to increasing health and wellness awareness among consumers. The consumers in these regions are looking for healthy food options, and ready to drink beverages which have unique flavor along with the health aiding benefits. The acetum like apple cider is used as a flavorful daily tonic to aid digestive system and act as a dietary supplement which makes it popular among the consumers. However, regions like the Asia Pacific are expected to offer acetum the maximum growth opportunity. The increasing urbanization and per capita disposable income of consumers in these regions have fuelled the growth for the food processing industry. The acetum finds a wide application in the food processing industry as a flavoring agent and for preserving the food products including snacks, meat products, salads, and others. Also, the consumers use acetum for the household purpose for cleaning and disinfecting purpose.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.