In 2023, the volume of the wine vinegar market in Germany stood at 34.853 million liters. Over the past decade, the market has undergone fluctuations with a significant peak in 2015 at 42.646 million liters and a notable decline thereafter. Year-on-year variations demonstrate a gradual drop, reaching nearly -1.2% annually in 2020 and 2021. Following a minor upturn in 2022 and 2023, the market appears to stabilize.
Key historical trends:
- 2013 to 2015: Growth trend with a high CAGR of 4.85% in 2015
- 2016 to 2021: Consistent decline, with negative annual variations up to -1.22% in 2021
- 2022 to 2023: Market began to show minor recovery with positive year-on-year variations of around 0.5%
The forecasted period from 2024 suggests a positive but modest growth trend, with an anticipated 5-year CAGR of 0.4%, indicating slow market recovery. By 2028, the market volume is projected to incrementally rise to 35.734 million liters.
Future trends to watch for include changing consumer preferences, increased health awareness, and potential shifts toward organic and locally sourced products, which could influence market dynamics positively.