Vinegar Powder Market Overview
Vinegar powder market is primarily driven by flavour and product improvement, along with increased awareness of the benefits of these items. Furthermore, the rising quantity of mergers and acquisitions that are taking place in the market is likely to increase sales of vinegar powder even more. Due to the growing awareness of the many health benefits associated with dressing vinegar, vinegar powders are experiencing an increase in their use within the food industry.
Vinegar powders containing honey, fruit and malt flavours are becoming more and more well-known. Vitamins, essential amino acids, minerals, and enzymes are abundant in vinegar. It has antioxidant and antibacterial properties, and also losing weight, improves heart and mental health and absorption of nutrients, to mention some.
Vinegar Powder market size is estimated to be worth USD million in 2021 and is forecast to a readjusted size of USD million by 2028 with a CAGR of during the forecast period 2022-2028.
The welfare of animals and the use of chemicals are becoming more important to consumers. Within the United Kingdom, customers value products that are mainly non-GMO and produced without pesticide declarations. Natural colorants have also been increasing in popularity on the market. In the coming years, this is why all these factors are expected to boost the sales of this market.
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| Report Metric | Information |
| Market size is available for many years | 2018-2030 |
| Year of base considered | 2021 |
| Forecast period | 2022-2030 |
| Forecast unit | Price (USD Million) |
| Segments that are covered | Types and Region. |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Doehler GMBH, Amtech Ingredients, Woodland Foods, The Great American Spice Co., The Melbourne Food Depot, Flieschmann’s Vinegar, Spice Barn, Inc, Spice Mountain, Corbion, Hangzhou New Asia International Co. Ltd. |
COV-19’s Impact On Vinegar Powder Market
A pandemic like COVID-19 has not just impacted the efficiency of supply chains for food but has also led to food insecurity in many countries. The manufacturers in this sector face difficulties related to supply chain, operations and safety, training alerts, emergency actions of incident management, re-creating business models, digitalization and other unanticipated effects. Alcohol, a key element in the beverage industry, is facing the devastating impact of the pandemic.
About 13% to 15 per cent of the craft beer industry in the world is currently closing down, and the wine business is in a state of crisis. Additionally, the scarcity of raw materials has led to the closure of several small and medium-sized food processing businesses across the globe.
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Market Segment Overview including Apple Cider Vinegar Powder
According to Types, the Apple Cider Vinegar Powder segment is one of the most significant segments in this market. Powders made from rice and other vinegar powders made from natural sources like cava, honey, and sherry are expected to capture a substantial percentage of the market in the coming years. Consumers’ awareness of vinegar is growing, driving demand for vinegar powder. The rising demand for various flavored and seasoned snacks is pushing this market ahead.
By Types:
- Balsamic Vinegar Powder
- Apple Cider Vinegar Powder
- White Vinegar Powder
- Red Wine Vinegar Powder
- Rice Vinegar Powder
- Malt Vinegar Powder
By Application:
- Marinade
- Soup Base
- Dairy Product
- Others
Market Regional Overview
This market is split into five areas: North America, Europe, Latin America, Asia-Pacific as well as Asia-Pacific, and the Middle East and Africa. Europe is the biggest regional market than North America and Asia-Pacific. Within Asia-Pacific, the Middle East and other developing markets, the increased usage of dressings and sauces in food items and the increasing popularity of these products in the developing regions are likely to accelerate market growth.
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Market, By Geography
* North America (U.S. & Canada)
* Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
* Asia Pacific (Japan, China, India, Australia, & South Korea and the rest of Asia-Pacific)
* LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Key Players
* Doehler GMBH
* Amtech Ingredients
* Woodland Foods
*The Melbourne Food Depot
* Fleischmann’s Vinegar
* Spice Barn, Inc
* Spice Mountain
* Corbion
* Hangzhou New Asia International Co. Ltd.