The vinegar market in Denmark saw fluctuations from 2013 to 2023, finishing at a value of 5.4819 million euros in 2023. Over the last decade, the market exhibited volatile year-on-year changes, with notable peaks in 2015 and 2020, followed by declines. Over the past two years, the market grew modestly by 0.36% each year. The market's five-year compound annual growth rate (CAGR) showed a slight decline at -0.91%, indicating cautious growth concerns.
Future trends to watch include potential shifts in consumer preferences toward organic and specialty vinegars, which could drive segment-specific growth. Additionally, economic factors and culinary trends will play a significant role in shaping demand.
How does Denmark rank in Vinegar Market Size Value?
# | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 291,210,000 | 2023 | +4.33% | +3.58% | View data |
2 | 2 France | 192,880,000 | 2023 | +2.51% | +2.79% | View data |
3 | 3 United Kingdom | 150,130,000 | 2023 | +2.42% | +3.8% | View data |
4 | 4 Spain | 101,510,000 | 2023 | +1.36% | +2.37% | View data |
5 | 5 Poland | 28,411,000 | 2023 | +0.85% | +2.77% | View data |
9 | 9 Croatia | 9,341,100 | 2023 | +4.52% | +4.62% | View data |
10 | 10 Belgium | 6,828,600 | 2023 | -1.18% | -2.39% | View data |
11 | 11 Denmark | 5,481,900 | 2023 | +0.36% | -0.91% | |
12 | 12 Lithuania | 3,138,200 | 2023 | +3.19% | +4.9% | View data |
13 | 13 Estonia | 728,960 | 2023 | +2.67% | +3.5% | View data |