Global Vinegar Market Report, Trends and Forecast 2017-2022 | Page 2

REPORT DESCRIPTION Global Vinegar Market to Reach US$ 1.50 Billion by 2022 Vinegar refers to a sour-tasting liquid produced through the process of fermentation of dilute alcoholic liquids such as wine, cider or beer. On account of its constituents such as vitamin B-1, riboflavin as well as mineral salts, vinegar has been considered a pivotal component in food preparations for centuries. It is widely used as a flavouring and preserving agent in the food industry. Moreover, as it has a tangy taste, the need for salt in many soups and bean dishes is reduced. It also exhibits various therapeutic properties as it helps to reduce cholesterol levels, control blood sugar levels, replace unhealthy sodium and combat diabetes, weight loss and cardiovascular diseases. Driven by its multiple uses, the global vinegar market has been growing continuously over the past decade. According to a new report by Expert Market Research, the market reached a value of US$ 1.30 Billion in 2016 and is further expected to reach a value of around US$ 1.50 Billion by 2022. The increasing usage of vinegar in various cuisines has resulted in an augmented demand for vinegar. This can be accredited to the consumers’ growing interest in cooking different types of cuisines which require diverse dressings that have vinegar as one of the vital ingredients. Some of the other factors that have stimulated the market growth include population growth, rising disposable incomes, increasing health consciousness and growing food and beverage industry.