Market Share of Asia-Pacific Vinegar Industry
The market is highly fragmented and is dominated by players from China and Japan. The key market players are increasingly relying on product innovation as the most adopted strategy. Extensive R&D investments have been witnessed over previous years, which has led to the introduction of numerous products in the market. The major players are focusing on introducing new and attractive variants for target pallets and innovating with their product portfolios in the market to cater to the interests of the consumers. Thus, new product development with artisanal ingredients is one of the most preferred strategies in the market. HJ Heinz Company LP, Borges Branded Foods, Australian Vinegar, and Mizkan Holdings Co. Ltd are some of the major players in the market.
Asia-Pacific Vinegar Market Leaders
-
The Kraft Heinz Company
-
Borges International Group S.L.
-
Autralian Vinegar
-
Carl Kühne KG
-
Mizkan Holdings Co. Ltd.
*Disclaimer: Major Players sorted in no particular order