Vinegar is the aqueous solution of acetic acid. It is produced by double fermentation process and conversion of simple sugars to ethanol and further ethanol is converted to acetic acid by Acetobacter bacteria. The HS code of vinegar is 220900.
It is rich in mineral salts, vitamins, and amino acids. It adds flavour and tartness to the food products. It extensively employed in the food industry and pharmaceutical sector.
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The United States, India, Turkey, Italy, South Korea, the United Arab Emirates, China, and Spain are the top vinegar producing countries.
Key Details About the Vinegar Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Vinegar price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Vinegar price trend, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
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Industrial Uses Impacting Vinegar Price Trend:
Many recipes for home cooking use vinegar as an essential constituent. It works well as a preservative to keep food, particularly pickles, fresher for longer and is used in baking. It serves as the main component of condiments including mayonnaise, mustard sauce, and ketchup.
One of the most widely used types of vinegar, apple cider vinegar, is consumed as a wellness beverage and nutritional supplement to help with immunity and weight loss. In addition, it is used as a flavouring element in salad dressings and other dishes.
Additionally, it is utilised in cosmetics, skin care, and pharmaceuticals.
Key Market Players:
- Bizen Chemical Co. Ltd,
- Kraft Heinz Company,
- Shanxi Shuita Vinegar,
- Castelo Alimentos S/A,
- Burg Group B.V.
News and Events:
- August 2022: Carandini is a family-run company that was one of the first to produce Modena’s certified organic balsamic vinegar, and it has increased its market share in the US. The corporation broadened the reach of its product line in the nation by dispersing its organic Modena Silver Leaf Balsamic Vinegar throughout the organisation. The company claimed that its medium-density modern balsamic vinegar has a balanced flavour and acidity since it contains 31 percent organic grape must and organic white vinegar.
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Reference Link – https://researz.com/vinegar-price-trend/
