The Soups and Broths market in Denmark stood at 18.173 million kilograms in 2023. Over the past decade, the market showcased fluctuations, with notable declines in 2014 and 2016 and steady growth resuming from 2017 onwards. In recent years, the year-on-year growth rates have been relatively modest, with a notable increase of 0.76% in 2023. The five-year compound annual growth rate (CAGR) showed minimal growth at 0.43%, indicating stability rather than expansion.
Looking ahead, future market trends to watch for include:
- The growing consumer preference for health-conscious and organic soup options.
- Technological advancements in packaging that prolong shelf life and improve convenience.
- Potential market shifts driven by expanding vegan and vegetarian diets.
How does Denmark rank in Soups and Broths and Preparations Thereof Market Size Volume?
| # | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 299,020,000 | 2023 | -0.91% | +1.64% | View data |
| 2 | 2 Spain | 244,810,000 | 2023 | +3.85% | +3.66% | View data |
| 3 | 3 Germany | 203,510,000 | 2023 | +0.83% | +0.8% | View data |
| 4 | 4 France | 198,940,000 | 2023 | -3.15% | +2.03% | View data |
| 5 | 5 Belgium | 30,764,000 | 2023 | -2.59% | -2.39% | View data |
| 6 | 6 Denmark | 18,173,000 | 2023 | +0.76% | +0.43% | |
| 7 | 7 Czech Republic | 13,994,000 | 2023 | +0.7% | +1.32% | View data |
| 8 | 8 Portugal | 11,764,000 | 2023 | +0.95% | +1.75% | View data |