Global Balsamic Vinegar Market is expected to grow with the CAGR of 3.1% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:
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Global balsamic vinegar market is a highly consolidated market, which includes specific number of key players. The balsamic vinegar market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global balsamic vinegar market are introducing strong range of products provider along with adopting strategic initiatives such as acquisition, business expansion, award and recognition into the balsamic vinegar market. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, in 2021, Kraft-Heinz, Inc. has announced the agreement to purchase Assan Foods in a deal that value the enterprise at approximately USD 100.00 million. Assan Foods is a rapidly growing sauces-focused business. Thus, this development will help companies’ product portfolios to grow.
De Nigris is the dominating player in global balsamic vinegar market. The other key players existing in the balsamic vinegar market are Burg Group, Acetificio Scaligero, Acetificio Varvello S.r.l., Kraft-Heinz, Inc., Clearspring Ltd., Acetificio Carandini Emilio S.p.A, Acetaia Montale Rangone Srl, Australian Vinegar, Aspall, ORO di Oliva, Fontanara S.r.l., Gran Deposito Aceto Balsamico Giuseppe Giusti S.r.l., Ellora Fine Foods Inc., Sonoran Desert Olive Oil Company, The Olive Grove, Agr. MANICARDI srl, PONTI S.P.A., BALSAMICO CASANOVA and centofiorini among others.
De Nigris is headquartered in Caivano, Italy and was founded in 1889. The company is focused on producing Italian vinegar including balsamic vinegar with passion and knowledge, in the tireless search for the best possible quality product. The company has several products under categories such as enhance & embellish, essential & versatile, beyond dressing and health & wellness in which enhance & embellish is the market focused category.
The company has wide presence across the Europe.
Burg Group is headquartered in Heerhugowaard, the Netherlands and was established in 1947. The company focuses on manufacturing natural vinegars and tasty syrups in a most sustainable way possible and offer their products to retail organization, food manufacturers and consumers. The company offers several products under categories including food vinegar, cleaning vinegar and syrups in which food vinegar is the market focused category.
The company has presence across the Europe having subsidiary names as L’Etoile S.A. (Europe).
Acetificio Carandini Emilio S.p.A
Acetificio Carandini Emilio S.p.A is headquartered in Formigine, Italy and was established in 1641. The company focuses on producing different kind of vinegars such as rice vinegar, wine vinegar, balsamic vinegar and others in a traditional method with the help of cutting-edge technology. The company has wide range of products under categories such as aceto balsamico tradizionale di modena DOP, for special moments, taste of home, glaze with aceto balsamico di modena PGI and parmigiano reggiano PDO, creativity in the kitchen, wholesome harmony, taste experiences, rice vinegar, wine vinegar and organic: pure and natural in which aceto balsamico tradizionale di modena DOP and For Special Moments are the market focused categories.
The company has presence across the Europe.
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