In 2023, the sold production of vinegar and its substitutes in the UK stood at 72.5 million Euros. The forecasted data from 2024 to 2028 indicates a stable upward trend, beginning with 75.234 million Euros in 2024 and reaching 83.875 million Euros by 2028. Year-on-year growth rates suggest a consistent increase, approximately 3% annually, with a compound annual growth rate (CAGR) of 3% over the five-year period.
Future trends to watch for:
- Innovation in vinegar types, focusing on health benefits and flavors.
- Potential impact of sustainability practices on production costs and consumer preferences.
- The influence of export market dynamics post-Brexit on production volumes.