The Soups and Broths market size volume in Austria has shown a consistent decline from 2013 to 2023. Starting at 12.448 million kg in 2013, the market volume decreased to 5.5172 million kg in 2023. Year-on-year variations highlight a predominantly negative trend, with larger declines in the years 2015 (-11.64%), 2017 (-24.97%), and smaller annual reductions subsequently until 2023 (-5.46%). Over the last five years, the compound annual growth rate (CAGR) was -3.45%, indicating a steady decrease in market volume.
Future trends to watch for include:
- The potential rise in demand for healthier, organic, and convenient soup and broth options.
- Innovations in packaging to appeal to environmentally conscious consumers.
- The impact of global supply chain disruptions and price fluctuations on market recovery.
How does Austria 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 |
| 8 | 8 Portugal | 11,764,000 | 2023 | +0.95% | +1.75% | View data |
| 9 | 9 Finland | 9,671,800 | 2023 | +2.19% | +1% | View data |
| 10 | 10 Austria | 5,517,200 | 2023 | -5.46% | -3.45% | |
| 11 | 11 Estonia | 2,511,100 | 2023 | +0.62% | +0.11% | View data |
| 12 | 12 Bulgaria | 2,207,500 | 2023 | +2.27% | +0.15% | View data |