The Non Wine Vinegar Market in Belgium experienced several fluctuations over the past decade. Starting from a peak of 6.5801 million liters in 2012, the market saw a general decline until 2014 but rebounded slightly in the following years. Despite a continuous dip in some years, the market regained composure, displaying modest year-on-year growth in 2015 and 2016. The upward trend persisted into 2017, but a significant drop occurred again in 2018 and 2019. However, a strong recovery was evident in 2020 and 2021, with notable growth rates. The most recent data showed a slight downturn in 2022, with the market shrinking by 2.88%. The compound annual growth rate (CAGR) over the last five years indicated a slight negative trend, averaging -0.67% per year.
As we venture into 2024, several future trends warrant attention:
- Consumer preference for organic and artisanal vinegars, which may drive the market back to growth.
- Increased culinary experimentation and the expanding popularity of health-conscious diets.
- Enhanced distribution channels, both online and offline, which may increase market accessibility and consumption.
# | 8 Countries | Liters | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 208,830,000 | 2023 | +5.51% | +5.23% | View data |
2 | 2 Germany | 167,550,000 | 2023 | +1.42% | +0.18% | View data |
3 | 3 United Kingdom | 95,033,000 | 2023 | +1.28% | +2.96% | View data |
4 | 4 Poland | 58,172,000 | 2023 | +0.8% | +0.8% | View data |
5 | 5 Romania | 19,409,000 | 2023 | +0.49% | -0.58% | View data |
6 | 6 Belgium | 5,672,500 | 2023 | -1.23% | -1.56% | |
7 | 7 Lithuania | 4,271,900 | 2023 | +2.04% | +3.46% | View data |
8 | 8 Estonia | 220,160 | 2023 | -8.38% | -2.02% | View data |