The global champagne vinegar market size was valued at $21.4 million in 2021, and is estimated to reach $31.0 million by 2031, registering a CAGR of 3.8% from 2022 to 2031.
Champagne vinegar is a variety of vinegar that is manufactured using the champagne as base. It has a unique taste and flavor, which is used in various dishes across the commercial foodservice units and households across the globe. The surging popularity of champagne vinegar in the hotels and restaurants owing to its unique taste and flavor that it adds to salads, fruit salsa, chicken, and other dishes is expected to drive the demand for the champagne vinegar market. There several health benefits of consuming vinegar such as healthy digestion, low cholesterol, improved skin health, and improved blood pressure, which is boosting the demand for the champagne vinegar as dressings and marinades in commercial and household kitchens across the globe. The rising number of HoReCa units across the developing economies is expected to have a significant impact on the growth of the global champagne vinegar market in the forthcoming years.
The surging penetration of social media and online cooking classes is a major factor that may have a significant and positive impact on the growth in the demand for the champagne vinegars in the household kitchens. The rising consumer expenditure on quality and healthy food and beverages is expected to boost the demand for the champagne vinegar. Moreover, the rising popularity of the organic champagne vinegar is expected to attract the attention of the consumers in markets like Europe and North America. Consumers in developed regions are well aware of the negative impacts of the chemical based food products on health and environment, which is a significant factor behind the rising demand for the organic champagne vinegar. According to U.S. Department of Agriculture in the year 2019, in India the organic food and beverages retail sales reached to $69.0 million and in 2020, the European organic food market increased by 15% to $52.5 billion. Germany and France remain the largest contributor and contributed 60% to the market share of organic food market in Europe.
However, the availability of huge number of substitutes in the market is a major hindering factor. The popularity of other variety of vinegars such as apple cider vinegar, balsamic vinegar, red wine vinegar, rice vinegar, and white distilled vinegar is significantly higher than that of champagne vinegar. The easy and wider availability of substitutes of the champagne vinegar may negatively impact the growth of the global champagne vinegar market.
According to the champagne vinegar market analysis, the market is segmented based on the type, application, distribution channel, champagne type, and region. On the basis of type, the market is divided into organic and conventional. Based on the application, the champagne vinegar market is categorized into household and commercial. The commercial segment is further segregated into restaurants, hotels, and other. Depending on the distribution channel, the market is segmented into offline and online. On the basis of champagne type, it is divided into pinot meunier, pinot noir, pinot gris, and others. Region-wise, the champagne vinegar market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global champagne vinegar market includes Antichi Colli Srl, Bellindora, Charbonneaux Brabant, Cibaria International, Classic Wines Vinegar, Evoolution, Fiore Artisan Olive Oil and Vinegar, Fleischmann's Vinegar, Hillstone Olive Oil, Kimberley Wine Vinegars, O Olive Oil and Vinegar, Olive Oil and Beyond, Sparrow Lane, Stonewall Kitchen, Wellspent Market.
Champagne vinegar is a variety of vinegar that is manufactured using the champagne as base. It has a unique taste and flavor, which is used in various dishes across the commercial foodservice units and households across the globe. The surging popularity of champagne vinegar in the hotels and restaurants owing to its unique taste and flavor that it adds to salads, fruit salsa, chicken, and other dishes is expected to drive the demand for the champagne vinegar market. There several health benefits of consuming vinegar such as healthy digestion, low cholesterol, improved skin health, and improved blood pressure, which is boosting the demand for the champagne vinegar as dressings and marinades in commercial and household kitchens across the globe. The rising number of HoReCa units across the developing economies is expected to have a significant impact on the growth of the global champagne vinegar market in the forthcoming years.
The surging penetration of social media and online cooking classes is a major factor that may have a significant and positive impact on the growth in the demand for the champagne vinegars in the household kitchens. The rising consumer expenditure on quality and healthy food and beverages is expected to boost the demand for the champagne vinegar. Moreover, the rising popularity of the organic champagne vinegar is expected to attract the attention of the consumers in markets like Europe and North America. Consumers in developed regions are well aware of the negative impacts of the chemical based food products on health and environment, which is a significant factor behind the rising demand for the organic champagne vinegar. According to U.S. Department of Agriculture in the year 2019, in India the organic food and beverages retail sales reached to $69.0 million and in 2020, the European organic food market increased by 15% to $52.5 billion. Germany and France remain the largest contributor and contributed 60% to the market share of organic food market in Europe.
However, the availability of huge number of substitutes in the market is a major hindering factor. The popularity of other variety of vinegars such as apple cider vinegar, balsamic vinegar, red wine vinegar, rice vinegar, and white distilled vinegar is significantly higher than that of champagne vinegar. The easy and wider availability of substitutes of the champagne vinegar may negatively impact the growth of the global champagne vinegar market.
According to the champagne vinegar market analysis, the market is segmented based on the type, application, distribution channel, champagne type, and region. On the basis of type, the market is divided into organic and conventional. Based on the application, the champagne vinegar market is categorized into household and commercial. The commercial segment is further segregated into restaurants, hotels, and other. Depending on the distribution channel, the market is segmented into offline and online. On the basis of champagne type, it is divided into pinot meunier, pinot noir, pinot gris, and others. Region-wise, the champagne vinegar market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global champagne vinegar market includes Antichi Colli Srl, Bellindora, Charbonneaux Brabant, Cibaria International, Classic Wines Vinegar, Evoolution, Fiore Artisan Olive Oil and Vinegar, Fleischmann's Vinegar, Hillstone Olive Oil, Kimberley Wine Vinegars, O Olive Oil and Vinegar, Olive Oil and Beyond, Sparrow Lane, Stonewall Kitchen, Wellspent Market.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the champagne vinegar market analysis from 2021 to 2031 to identify the prevailing champagne vinegar market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the champagne vinegar market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global champagne vinegar market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Organic
- Conventional
By Application
- Household
- Commercial
- Sub Type
- Restaurants
- Hotels
- Others
By Distribution Channel
- Offline
- Online
By Champagne Type
- Pinot Meunier
- Pinot Noir
- Pinot Gris
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Fiore Artisan olive oil and vinegar
- Classic Wine Vinegar
- Fleischmann's Vinegar Company
- Hillstone Olive Oil
- Kimberley Wine Vinegars
- O Olive Oil & Vinegar
- Evoolution
- Wellspent Market
- Sparrow Lane
- Olive Oil and Beyond
- Cibaria International
- stonewall kitchen
- charbonneaux brabant s.a.
- Bellindora
- Antichi Colli Srl
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: CHAMPAGNE VINEGAR MARKET, BY TYPE
CHAPTER 5: CHAMPAGNE VINEGAR MARKET, BY APPLICATION
CHAPTER 6: CHAMPAGNE VINEGAR MARKET, BY DISTRIBUTION CHANNEL
CHAPTER 7: CHAMPAGNE VINEGAR MARKET, BY CHAMPAGNE TYPE
CHAPTER 8: CHAMPAGNE VINEGAR MARKET, BY REGION
CHAPTER 9: COMPANY LANDSCAPE
CHAPTER 10: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Champagne Vinegar Market," the champagne vinegar market size was valued at $21.40 million in 2021, and is estimated to reach $31 million by 2031, growing at a CAGR of 3.8% from 2022 to 2031.The champagne vinegar is produced by adding acetobacter aceti, a bacteria that converts ethanol into acetic acid, to the champagne base and then aging and fermenting it. The champagne vinegar is extremely popular in Europe, especially in France and Germany. France is the largest producer and one of the largest consumers of champagne vinegar. The associated health benefits of consuming champagne vinegar along with the texture and flavor it adds to various dishes is boosting the demand for the champagne vinegar in the restaurants, household kitchens, and foodservice industry, across the globe. According to United States Department of Agriculture, spending on food away from homes (restaurant, full-service and fast food) accounts $978.2 billion or 51.9% of total food expenditures. The rising consumer expenditure on food from commercial food outlets is expected to drive the champagne vinegar market growth during the forecast period.
The surge in health consciousness, rising concerns regarding deteriorating environmental conditions, and growing demand for quality and healthy food products is shifting the consumer preferences towards natural and organic food and food ingredients. According to Organic Trade Association in the year 2020-21, Organic revenues exceeded $63 billion, with total annual growth of $1.4 billion. Food sales, which accounted for more than 90% of organic sales, reached $57.5 billion (approximately 2% growth) and non-food sales reached $6.0 billion (7% growth) in U.S.
According to the champagne vinegar market analysis, the market is segmented based on the type, application, distribution channel, champagne type, and region. On the basis of type, the market is divided into organic and conventional. Based on the application, the champagne vinegar market is categorized into household and commercial. The commercial segment is further segregated into restaurants, hotels, and other. Depending on the distribution channel, the market is segmented into offline and online. On the basis of champagne type, it is divided into pinot meunier, pinot noir, pinot gris, and others. Region-wise, the champagne vinegar market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
According to the champagne vinegar market forecast, based on type, the organic segment is expected to be the fastest-growing, growing at a CAGR of 6.3% from 2022 to 2031. The rising health consciousness among the consumers and rising awareness regarding the negative impacts of chemical based food products on health and environment are the major factors that are expected to boost the growth of this segment. According to Organic Trade Association in the year 2020-21, Organic revenues exceeded $63 billion, with total annual growth of $1.4 billion. Food sales, which accounted for more than 90% of organic sales, reached $57.5 billion (approximately 2% growth) and non-food sales reached $6.0 billion (7% growth) in U.S.
As per the champagne vinegar market trends, on the basis of application, the commercial segment accounted for 81.9% of the champagne vinegar market share in 2021 and dominated the market. This growth is attributed to the increased adoption of champagne vinegar in preparing various dishes such as chicken, shrimp, fish, fruit salad, and fruit salsa has led to the significant growth of the commercial segment. Moreover, the rising number of HoReCa (hotels, restaurants, and cafes) units in the developing regions is further expected to fuel the growth of this segment in the forthcoming years.
Depending on the distribution channel, the online segment is expected to be the fastest-growing segment during the forecast period. This growth is attributed to the rising adoption of smartphones, growing penetration of online grocery retailers, and rising number of internet users across the globe. According to the International Telecommunication Union (ITU), there were around 4.9 billion internet users at the end of 2021, majority of which accessed to the internet through their smartphones.
Based on the champagne type, the pinot gris segment dominated the market in 2021. This dominance is attributed to the higher adoption of the pinot gris based champagne in the manufacturing of champagne vinegar. Pinot gris is the most extensively used grape in the production of champagnes and its easy and wider availability has led to the dominance of this segment in the global champagne vinegar market.
Region-wise, the market was dominated by Europe. Germany, France, and Italy are among the top consumers of vinegars in the globe. The presence of several top manufacturers of champagne vinegars and various developmental strategies adopted by them significantly promotes the champagne vinegar market growth. For instance, in November 2018, Stonewall Kitchen has acquired Spruce Naturals, the parent company of Nappa Valley Naturals. A premium brand of certified organic extra virgin olive oils, culinary cooking oils, Italian balsamic vinegars and aged wine vinegars. This strategy aimed at expanding the portfolio of Stonewall Kitchen.
The major players operating in the global champagne vinegar industry includes Antichi Colli Srl, Bellindora, Charbonneaux Brabant, Cibaria International, Classic Wines Vinegar, Evoolution, Fiore Artisan Olive Oil and Vinegar, Fleischmann's Vinegar, Hillstone Olive Oil, Kimberley Wine Vinegars, O Olive Oil and Vinegar, Olive Oil and Beyond, Sparrow Lane, Stonewall Kitchen, Wellspent Market. These market players are constantly engaged in the various developmental strategies such as acquisitions, mergers, and product launches to exploit champagne vinegar market opportunities and gain market share.
Key Findings of the Study
- The champagne vinegar market size was valued at $21.40 million in 2021, and is estimated to reach $31.00 million by 2031, growing at a CAGR of 3.8% during the forecast period.
- By type, the organic segment is estimated to witness the fastest growth, registering a CAGR of 6.3% during the forecast period.
- In 2021, depending on application, the commercial segment was valued at $17.52 million, accounting for 81.9% of the global market share.
- In 2021, the U.S. was the most prominent market in North America, and is projected to reach $6.49 million by 2031, growing at a CAGR of 4.1% during the forecast period.
Companies Mentioned
- Fiore Artisan Olive Oil and Vinegar
- Classic Wine Vinegar
- Fleischmann's Vinegar Company
- Hillstone Olive Oil
- Kimberley Wine Vinegars
- O Olive Oil & Vinegar
- Evoolution
- Wellspent Market
- Sparrow Lane
- Olive Oil and Beyond
- Cibaria International
- Stonewall Kitchen
- Charbonneaux Brabant S.A.
- Bellindora
- Antichi Colli Srl
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | August 2022 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 21.4 million |
| Forecasted Market Value ( USD | $ 31 million |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
