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Global Pickles Market Driven by Rising Demand for Organic Products

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Global Pickles Market Driven by Rising Demand for Organic Products

The global pickles market has witnessed a healthy growth over the years, owing to the increasingapplications of pickles due to their numerous health benefits, and the rising demand for non-GMOpickles among the consumers.

The latest report by IMARC Group, titled “Pickles Market: Global Industry Trends, Share, Size,Growth, Opportunity and Forecast 2017-2022”, finds that the global pickles market reached a valueof more than US$ 10 Billion in 2016. Pickles consist of vegetables and fruits soaked in the solution ofvinegar or salt brine which helps to preserve them for a longer period of time. The solution preventsthe pickles from decaying and encourages fermentation which makes them less vulnerable to spoilage-causing bacteria. Earlier this process was invented to preserve the vegetables and fruits, but nowadayspickles are consumed extensively as people relish the resulting flavour which is determined by severalfactors, such as the temperature of fermentation, the acidity or salinity of the solution and theexclusion of oxygen.

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Highlights of the global pickles market:

• The rising popularity of organic and non-GMO pickles coupled with the introduction of innovativeproducts are driving the growth of the market.

• Supermarkets and hypermarkets are the most popular distribution channels.• North America represents the largest market, accounting for the majority of the market share.

The health benefits offered by pickles is the major reason for their rising demand across the globe.They introduce vitamin-B to improve the nutritional value of food, supply essential minerals andvitamins, reduce ulcers, help in digestion and possess anti-oxidant properties. Further, increasingpreference for healthier varieties of pickles with lower salt content, and non-GMO and organicingredients is influencing the market growth. Moreover, pickles are used as toppings to enhance thetaste of various food products such as sushi, sandwiches, hotdogs, burgers, etc. This, in turn, haspropelled the demand for pickles globally. According to the report, the global pickles market isfurther expected to reach a value of about US$ 12 Billion by 2022, exhibiting a CAGR of nearly 3%during 2017-2022.

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The market is segmented on the basis of product type into fruit pickles, vegetable pickles and meatpickles. On the basis of taste, the market is segregated in sweet, salty and sour pickles. Based ondistribution channel, supermarkets and hypermarkets represent the most popular distributionchannel. It is followed by convenience stores, independent retailers and online. Region-wise, NorthAmerica currently accounts for the majority of the global share, followed by Asia Pacific and Europe.Other major regions are the Middle East and Africa, and Latin America. On evaluating the competitivelandscape of the market, it is found that the key players include ADF Foods, Pinnacle Foods Inc., KraftHeinz, Del Monte Foods and Reitzel.

The report by IMARC Group has examined the global pickles market on the basis of:

Type:

• Fruit Pickles• Vegetable Pickles• Meat Pickles• Others

Taste:

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• Sweet Pickles• Salty Pickles• Sour Pickles

Region:

• North America• Asia Pacific• Europe• Middle East and Africa• Latin America

Distribution Channel:

• Supermarkets and Hypermarkets• Convenience Stores• Independent Retailers• Online• Others

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Key Players:

• ADF Foods• Pinnacle Foods Inc• Kraft Heinz• Del Monte Foods• Reitzel

Browse more related reports: http://www.imarcgroup.com/categories/food-beverages-market-reports

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