The sold production of vinegar and substitutes for vinegar obtained from acetic acid in Poland has shown fluctuating trends from 2013 to 2023. In 2023, the volume stood at 56.983 million liters, reflecting a 1.21% increase from the previous year. The year-on-year variations from 2022 to 2023 continued the steady incremental pattern observed over the past couple of years. Over the past five years (2018-2023), the compound annual growth rate (CAGR) has been healthy at 2.58%, indicating a mildly positive growth trajectory.
Looking forward, the forecasted data for 2024 to 2028 suggests a slower yet steady growth with a forecasted 5-year CAGR of 0.95% and an overall growth rate of 4.86% over the period. This indicates that while the market is expected to continue its expansion, the pace of growth may moderate.
Future trends to watch for include:
- Changes in consumer preferences towards natural and organic products.
- Potential regulatory shifts impacting production processes.
- Global economic factors influencing export and import ratios.
- Innovations in vinegar production techniques enhancing yield and efficiency.
- Expansion of applications for vinegar in various culinary and non-culinary uses which can drive market growth.
