The wine vinegar has wide utilization in various meat preparations as well as in salads and marinades. The demand for wine vinegar has increased in recent years owing to the consumers evolving taste preferences. Fruits such as raspberry and blueberry are often incorporated in the wine vinegar to give them a fruity flavor. The rice wine manufacturers are collaborating with regional players to expand their product portfolio as well as strengthen their market presence. For instance, In October 2018, Kerry Group acquired California-based Fleischmann’s Vinegar Company to expand its clean label specialty ingredients product portfolio.
The incorporation of wine vinegar in various culinary preparations has spurred in recent years. There is a growing utilization of white wine vinegar in preparing various sauces such as Hollandaise and Béarnaise as it imparts tangy flavor to them, is aiding its market growth. Further, the wine vinegar possesses antioxidant properties and few vitamins and minerals that are beneficial for health.
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Top Key Players of Wine Vinegar Market:-
- Pompeian, 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.
The constant changes in consumer preference with the emergence of healthy food products and exotic flavors are expected to boost the global Wine Vinegar Market growth in the coming years. Also, the increasing adoption of food delivery services, namely, Zomato, Swiggy, and Deliveroo across the globe is one of significant trends that would accelerate growth with time. Apart from that, the introduction of convenient packaging, such as bowl-based food items featuring kale and quinoa is anticipated to propel consumers to look for healthy and quick eating options. Therefore, key players are trying to better understand the lifestyle of their larger consumer bases for keeping up with their changing preferences.
COVID-19: Shutdown of Restaurants & Cafes May Hinder Growth
The outbreak of the COVID-19 pandemic worldwide has taken a toll on the Wine Vinegar Industry. Almost every offline food chain, such as cafeterias and restaurants are shut down completely in various countries. But, online food delivery services are still under operation. In addition to this, companies manufacturing packaged food and beverages are exhibiting a high rate of sales because of their possession of certain beneficial properties. These products have long shelf-lives and hence consumers are stocking up their pantries, fearing the lockdown.
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Our skilled team of analysts has developed a specially curated report to help you in understanding the impact of COVID-19 on this market. The report is developed by conducting in-depth primary and secondary research. It includes analysis of various regions and nations, as well as the current trends that are being followed in these regions. Multiple approaches were taken up by our team to derive the market growth rate and value. Also, it presents enhanced data collected through secondary sources, namely, company websites, journals, business magazines, and press releases. The analysis of each nation is given by studying several macro-economic factors, regional players, consumer behavior, and government policies. Our clients would be able to take positive steps towards regaining business confidence by analyzing the Wine Vinegar market Share, growth drivers, obstacles, challenges, and opportunities.
By Geography Analysis:-
- 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 & Africa (South Africa, UAE, and Rest of ME&A)
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