The vinegar market in France has shown significant growth from 2012 to 2022, moving from 110.54 million euros in 2012 to 188.16 million euros in 2022. Despite a minor dip in 2013, there has been a consistent upward trend with substantial year-on-year increases, particularly noticeable in 2014, 2016, and 2018. The market size grew at varied rates over these years, reflecting a compounded annual growth rate (CAGR) that started at 6.66% in 2017 and tapered down to 4.28% in 2022. The last two years' growth rates demonstrate moderate yet steady increases.
Future trends to watch for include potential market expansion due to increasing consumer interest in health benefits associated with vinegar, the rise of gourmet and flavored vinegars, and an emphasis on organic and locally sourced ingredients. It will be crucial to monitor these factors to predict market movements and identify opportunities.
How does France 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% | |
3 | 3 United Kingdom | 150,130,000 | 2023 | +2.42% | +3.8% | View data |
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 |