Based on the data, the vinegar market in France showed a steady increase in market size value from 2013 to 2023. In 2023, the market value for vinegar stood at 192.88 million Euros. Over the years, the market has experienced various year-on-year variations, with particular spikes in growth noticeable in 2014 (11.03%) and 2016 (12.18%). In contrast, more recent years illustrated a tapering growth rate, with 2022 and 2023 showing year-on-year increases of 2.63% and 2.51%, respectively. The compounded annual growth rate (CAGR) has also decelerated over the last five years, from 7.13% in 2020 to 2.79% in 2023.
Forecasts for 2024 and beyond predict a CAGR of 1.72% over the next five years, expecting the market value to reach 215.1 million Euros by 2028, representing a total growth rate of 8.91% over this period.
Future trends to watch for include:
- Increased demand for organic and artisanal vinegars as consumers shift towards healthier and high-quality products
- The influence of culinary trends promoting the use of vinegar in gourmet cuisine
- Potential impact of sustainability and eco-friendly production methods on market dynamics and consumer preferences
