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U.A.E. Balsamic Vinegar Market - Industry Trends and Forecast to 2031

Food & Beverage | Upcoming Report | Feb 2024 | Country Level | 350 Pages | No of Tables: 220 | No of Figures: 60

COVID-19 Impact on Balsamic Vinegar Market in Food and Beverages Industry

Report Description

U.A.E. Balsamic Vinegar Market, By Product Type (Dark Balsamic Vinegar, White Balsamic Vinegars), Grade (Traditional Grade Balsamic Vinegar, Commercial Grade Balsamic Vinegar, Condiment Grade Balsamic Vinegar) Category ( Organic, Conventional ) Type (Traditional Balsamic Vinegar Of Modena DOP, Traditional Balsamico Vinegar Of Reggio Emilia DOP, Traditional Balsamic Vinegar Of Modena IGP) Type Of Wood For Aging (Oak, Chestnut, Mulberry, Others) Ageing (Aged, Semi-Aged, Matured) Application (Salad Dressings, Desserts, Boiled Vegetables, Cheese, Soups, Marinades, Fruits, Lemonade, Meat Products, Others) Distribution Channel (Store-Based Retailing, Non-Store Retailing) End Use (Household, Commercial) - Industry Trends and Forecast to 2031.

U.A.E. Balsamic Vinegar Market Analysis and Size

Balsamic vinegar comes in various flavors including lime, dark chocolate, cinnamon, blueberry, black cherry, and others, which attract various consumers and boost demand for the product, further driving the growth of the market. In addition, there are various applications of balsamic vinegar such as salad dressings, soups, cheese, and others, as it gives a unique taste and aroma to the dish. These applications increase the adoption of balsamic vinegar among various end-users, which is expected to boost the market growth.

Data Bridge Market Research analyzes that the U.A.E. balsamic vinegar market which was USD 12.47 million in 2023, would rocket up to USD 17.60 million by 2031, and is expected to undergo a CAGR of 4.40% during the forecast period of 2024 to 2031. “Dark balsamic vinegar” dominates the type segment of the balsamic vinegar market due to high demand for dark balsamic vinegar due to its health benefits.

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2015-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

By Product Type (Dark Balsamic Vinegar, White Balsamic Vinegars), Grade (Traditional Grade Balsamic Vinegar, Commercial Grade Balsamic Vinegar, Condiment Grade Balsamic Vinegar) Category ( Organic, Conventional ) Type (Traditional Balsamic Vinegar Of Modena DOP, Traditional Balsamico Vinegar Of Reggio Emilia DOP, Traditional Balsamic Vinegar Of Modena IGP) Type Of Wood For Aging (Oak, Chestnut, Mulberry, Others) Ageing (Aged, Semi-Aged, Matured) Application (Salad Dressings, Desserts, Boiled Vegetables, Cheese, Soups, Marinades, Fruits, Lemonade, Meat Products, Others) Distribution Channel (Store-Based Retailing, Non-Store Retailing) End Use (Household, Commercial)

Countries Covered

U.A.E.

Market Players Covered

Kraft-Heinz, Inc. (U.S.), Clearspring Ltd. (U.K.), PONTI S.P.A. (Italy), Mussini (Italy), Agr. MANICARDI srl (Italy), Terre Bormane S.r.l. (Italy), Sitak Food Production Group Co. (turkey), Colavita (U.S.), BALSAMICO CASANOVA (Italy), Maille Mustard UK (France), De Nigris (Italy), American Garden (U.S.), Mizkan America Inc. (U.S.), Sticky Balsamic Pty Ltd (Australia), IL BORGO DEL BALSAMICO (Italy)

Market Opportunities

  • Opportunities exist for creating unique balsamic vinegar products, such as aged and flavored varieties
  • U.A.E. companies can explore export opportunities for locally produced balsamic vinegar
  • The market can benefit from the increasing interest in health and wellness

Market Definition

Balsamic vinegar is a dark, flavorful condiment renowned for its sweet and tangy taste. It originates from Italy, specifically from regions like Modena and Reggio Emilia. It's crafted from grape juice, primarily the Trebbiano grape, which is aged and concentrated over an extended period. The resulting liquid is matured in wooden barrels, often a variety of woods like oak, cherry, or chestnut, to develop a rich, complex flavor. Balsamic vinegar is prized for its versatility, enhancing a wide range of dishes, from salads to roasted meats, as well as desserts, and is a staple in Mediterranean and international cuisines.

U.A.E. Balsamic Vinegar Market Dynamics

Drivers

  • Diverse Culinary Landscape Driven by a Multicultural Population

The U.A.E. is a melting pot of cultures, with a diverse population representing various nationalities and culinary traditions. This multicultural landscape has created a dynamic food scene, where balsamic vinegar finds its place as an essential ingredient in a wide range of cuisines.

This culinary diversity has turned balsamic vinegar into a pantry staple, transcending cultural boundaries and elevating its status from a niche ingredient to a household essential. As the U.A.E.'s population continues to diversify, culinary exploration remains a key driver in the enduring popularity of balsamic vinegar in the region.

  • Growing Focus on Health and Wellness

In a region where health-consciousness is on the rise, balsamic vinegar is perceived as a nutritious and calorie-conscious alternative to traditional salad dressings. With growing concerns about obesity and lifestyle diseases, consumers are increasingly seeking healthier food options. Balsamic vinegar's reputation as a low-calorie, fat-free, and flavor-packed condiment has made it a preferred choice for health-conscious individuals looking to enhance their culinary creations while maintaining dietary goals.

Opportunity

  • Opportunities for Creating Unique Balsamic Vinegar Products

As consumer preferences evolve, there is room for creating unique and tailored balsamic vinegar products to meet diverse culinary needs. This can include the development of aged balsamic varieties that cater to connoisseurs looking for a premium and well-aged product. In addition, flavored balsamic vinegars, infused with ingredients like fruit, herbs, or spices, offer opportunities to introduce exciting and exotic flavor profiles. These innovations not only appeal to food enthusiasts but also provide the market with a broader array of options for enhancing a wide range of dishes. Overall, product innovation in the balsamic vinegar sector allows companies to tap into the evolving tastes and preferences of consumers, enhancing their market position and fostering growth in this dynamic culinary landscape.

Restraint/Challenge

  • The U.A.E. Largely Relies on Imports for Balsamic Vinegar

The country largely relies on imports to meet its demand for balsamic vinegar, making it vulnerable to global market fluctuations, supply chain disruptions, and changes in international trade dynamics. The importation of balsamic vinegar often involves shipping and transportation costs, as well as customs duties, which can impact the pricing and availability of the product. This dependency on foreign suppliers, especially from traditional balsamic-producing regions like Italy, creates challenges in ensuring a consistent and secure supply, ultimately affecting the stability of the market.

This balsamic vinegar market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the balsamic vinegar market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Recent Development

  • In 2021, Kraft-Heinz, Inc. announced to purchase Assan Foods in a deal of approximately USD 100.00 million. Assan Foods is a rapidly growing sauces-focused business. This development will help the company expand its product portfolio

U.A.E. Balsamic Vinegar Market Scope

The balsamic vinegar market is segmented on the basis of product type, grade, category, type of wood for aging, aging, application, distribution channel, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

  • Dark Balsamic Vinegar
  • White Balsamic Vinegars

Grade

  • Traditional Grade Balsamic Vinegar
  • Commercial Grade Balsamic Vinegar
  • Condiment Grade Balsamic Vinegar

Category

  • Organic
  • Conventional

Type

  • Traditional Balsamic Vinegar of Modena DOP
  • Traditional Balsamico Vinegar of Reggio Emilia DOP
  • Traditional Balsamic Vinegar of Modena IGP

Type of Wood for Aging

  • Oak
  • Chestnut
  • Mulberry
  • Others

Ageing

  • Aged
  • Semi-Aged
  • Matured

Application

  • Salad Dressings
  • Desserts
  • Boiled Vegetables
  • Cheese
  • Soups
  • Marinades
  • Fruits
  • Lemonade
  • Meat Products
  • Others

Distribution Channel

  • Store-Based Retailing
  • Non-Store Retailing

End Use

  • Household
  • Commercial

Competitive Landscape and U.A.E. Balsamic Vinegar Market Share Analysis

The balsamic vinegar market competitive landscape provides details by competitors. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, U.A.E. presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the balsamic vinegar market.

Some of the major players operating in the balsamic vinegar market are:

  • Kraft-Heinz, Inc. (U.S.)
  • Clearspring Ltd. (U.K.)
  • PONTI S.P.A. (Italy)
  • Mussini (Italy)
  • Agr. MANICARDI srl (Italy)
  • Terre Bormane S.r.l. (Italy)
  • Sitak Food Production Group Co. (Turkey)
  • Colavita (U.S.)
  • BALSAMICO CASANOVA (Italy)
  • Maille Mustard UK (France)
  • De Nigris (Italy)
  • American Garden (U.S.)
  • Mizkan America Inc. (U.S.)
  • Sticky Balsamic Pty Ltd (Australia)
  • IL BORGO DEL BALSAMICO (Italy)


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