In 2024, the forecasted value per capita for the wine vinegar market in Germany stands at 0.71 Euros. This shows a slight decline from the 2023 actual value of 0.72 Euros per capita. From 2024 to 2028, the value per capita see a year-on-year decrease of approximately 1.4%, indicating a gradual but consistent downward trend. By 2028, the projected value is 0.67 Euros per capita.
In considering trends over a longer period, the compound annual growth rate (CAGR) from 2024 to 2028 averages around -1.45%. This steady decline suggests a mild but sustained reduction in consumption or spending on wine vinegar per person in Germany over the next five years.
Future trends to watch for:
- Changes in consumer preferences towards alternative vinegars
- Potential market diversification in flavor and types of wine vinegar
- Impact of economic factors influencing consumer spending power
- Marketing and innovation strategies by key market players
