The global acetic acid market size was valued at USD 16.40 billion in 2023, and is projected to grow from USD 17.39 billion in 2024 to USD 27.10 billion by 2031, exhibiting a CAGR of 6.55% during the forecast period. The growing consumption of vinegar across the food & beverage industry is driving the market.
The market expansion is driven by rising demand from downstream...