The production of vinegar and substitutes for vinegar obtained from acetic acid in the UK showed substantial variation from 2013 to 2023. The actual production volume in 2023 stood at 99.665 million liters. Over the past decade, year-on-year variations fluctuated, with notable peaks and troughs. For instance, 2014 saw a significant increase of 10.62%, while 2018 experienced a sharp decline of 10.27%. However, the overall trend from 2019 demonstrated a steady growth trajectory, culminating in a year-on-year increase of 2.76% in 2023.
The last two years have shown consistent positive growth with variations of 2.90% and 2.76%, reflecting recovery and stabilization. The last five-year period has marked a noteworthy period, with a compound annual growth rate (CAGR) of 5.69%, indicating a robust upward trend in production volume.
Looking ahead, forecasted data from 2024 to 2028 suggests continual steady growth. The anticipated five-year CAGR for this period is 2.06%, projecting the production to reach 113.64 million liters by 2028. This forecast indicates a total growth rate of 10.76% over five years, signifying moderate but stable increases.
Future trends to watch for include advancements in production technology and shifts in consumer preferences towards vinegar-based products. Additionally, sustainability initiatives and dietary trends favouring natural and organic ingredients could play key roles, potentially driving further growth in the vinegar market.
