In 2023, the sold production of soups and broths in Germany stood at 624.50 million euros. Forecasted figures indicate a gradual decline from 622.53 million euros in 2024 to 614.64 million euros by 2028. Year-on-year variation shows a consistent decrease in growth, with an average annual decline of approximately 0.32%. The compound annual growth rate (CAGR) over the five-year period reflects a negative trend in the market.
Future trends to watch for include:
- The potential impact of changing consumer preferences towards fresh and homemade alternatives.
- Innovations in product offerings that might appeal to health-conscious and time-constrained consumers.
- External economic factors such as inflation and supply chain disruptions that could affect production costs and pricing strategies.