Report ID: SQMIG30C2107
Report ID:
SQMIG30C2107 |
Region:
Global |
Published Date: February, 2024
Pages:
233
|
Tables:
259 |
Figures:
84
Apple Cider Vinegar Market size was valued at USD 1683.07 million in 2019 and is poised to grow from USD 1819.4 million in 2023 to USD 3392.61 million by 2031, growing at a CAGR of 8.1% in the forecast period (2024-2031).
The primary factor of the market growth is the multiple health benefits of consuming the product. It can improve diabetes symptoms, support weight loss, lower cholesterol, lower blood sugar levels, maintain pH balance, and have antioxidant and antibacterial properties, according to numerous research studies. Moreover, a large number of pharmaceutical companies promote apple cider vinegar as a wellness drink and dietary supplement that's also intended to improve immunity, metabolism, and encourage weight loss, which will further spur market growth. Due to its many health benefits, apple cider vinegar is in higher demand, that has encouraged new companies to enter the market with items of difdifference terms of flavor, format, packaging, and other factors. These factors would result in an increase in demand in the future. For instance, Bragg Live Food Products, Inc. announced the launch of supplements containing Bragg apple cider vinegar in 2019. The company claims that company, and over 82% of its client supplies products for reasons related to their health. The new supplement from Bragg has the 750 mg of acetic acid that has been scientifically established to be the optimal dosage for weight control, appetite control, and the maintenance of healthy sugar levels and cholesterol levels.
US Apple Cider Vinegar Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG30C2107