The UK vinegar market experienced significant fluctuations over the past decade. Starting at 102.95 million euros in 2012, the market saw an initial growth of 10.88% in 2013 followed by cycles of growth and contraction. Notable years include 2018 and 2019 with growth rates of 13.47% and 13.04% respectively. Over recent years, the market size increased more steadily, reaching 146.58 million euros in 2022, with 2.53% and 2.65% increases in the last two years. The CAGR over the last five years was 5.95%, signaling a healthy average yearly growth.
Future trends to watch for include the rise of health-conscious consumers driving up demand for organic and natural vinegar products, and the expansion of online retailing offering more accessibility. The impact of global supply chain dynamics and regulatory changes may also influence market shifts. Technological advancements in production and packaging could further fuel market expansion.
How does the United Kingdom 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% | |
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 |