The global apple cider vinegar market was valued at USD 619.43 million in 2023 and is expected to grow from USD 644.44 million in 2024 to USD 1,009.40 million by 2032, at a CAGR of 5.7% from 2024 to 2032. North America led the market with a share of 48.18% in 2023. The U.S. market is anticipated to grow significantly, reaching USD 380.90 million by 2032, driven by a strong presence of manufacturers and high consumption.

Apple cider vinegar offers various health benefits, such as weight loss, blood sugar control, and use in personal care and cleaning products. The rising demand for plant-based products further supports market growth.

Information Source: https://www.fortunebusinessinsights.com/apple-cider-vinegar-market-105136

Market Segmentation

The market is segmented by type, form, distribution, and region. By type, it includes filtered and unfiltered. By form, it includes liquid and tablet. Distribution channels include hypermarkets/supermarkets, online, traditional grocery stores, and others. The regions include North America, Europe, South America, Asia Pacific, and the Middle East & Africa.

Immunity-Boosting Benefits from ACV to Boost its Demand amid COVID-19

The food and beverage industry remained resilient during the pandemic, supported by the demand for essential items. ACV saw increased demand due to its immunity-boosting properties.

What Does the Report Offer?

The report provides an analysis of market drivers and restraints, insights into segments, regional performance, and strategies of key players.

Driving Factor

Increasing Adoption of Superfoods to Drive Growth

Rising health awareness has led to increased adoption of superfoods. A 2019 survey by Datassential found 56% of adults were inclined toward superfoods for better health. This trend supports the growth of the apple cider vinegar market. Additionally, new products like ACV wellness shots are contributing to the demand.

However, excessive ACV consumption may cause side effects such as tooth decay and acidity, which could limit market growth.

Regional Insights

High Production in the U.S. to Help North America Dominate the Market

North America had a market value of USD 277.92 million in 2020 and is expected to retain its leading share. New product launches, like Garden of Life’s ACV gummies in collaboration with Alicia Silverstone, are boosting demand.

Asia Pacific is expected to experience growth, driven by the entry of new players like Goli Nutrition in India, offering ACV-based gummies.

Competitive Landscape