The UK vinegar market has experienced various fluctuations from 2013 to 2023, showing both growth and decline periods. The market size stood at 150.13 million Euros in 2023. The variations over the last two years were positive, with a year-on-year growth of 2.53% in 2022 and 2.42% in 2023. The 5-year CAGR prior to 2023 was 3.8%, reflecting a moderate annual growth rate. From 2024 onwards, the market is forecasted to continue growing, with an average annual growth rate of 1.83%, leading to an overall 9.5% increase over the next five years, reaching 168.66 million Euros by 2028.
Future trends to watch for include:
• Increased consumer interest in natural and organic vinegar products.• Potential market expansion driven by innovative product offerings and health benefits associated with vinegar.• Emerging competition and market share dynamics with new entrants and existing players.
