From 2013 to 2023, the vinegar market in Sweden has shown steady growth, with the market size increasing from 10.489 million Euros in 2013 to 13.687 million Euros in 2023. The market exhibited an upward trend with some fluctuations, with notable dips in 2017 (-2.99%) and 2019 (-2.99%), however, the general trajectory remained positive. Most recently, the market size saw a 1.97% year-on-year growth in 2023. The CAGR over the last five years was 1.34%, indicating moderate but consistent growth.
Looking into the future, the forecast data shows a continued growth trend. By 2028, the market is expected to reach 14.931 million Euros, representing a 7.07% increase from 2023, with an anticipated five-year CAGR of 1.37%.
Future trends to watch for include potential shifts in consumer preferences towards organic and specialty vinegars, increased use of vinegar in culinary applications, and innovations in product packaging and distribution channels. Monitoring these trends could provide opportunities for market players to adapt and capitalize on emerging demands.
