From 2013 to 2023, the value per capita for the Soups and Broths market in Ireland fluctuated, starting at €12.66 and reaching €16.24 by 2023. The market experienced a compound annual growth rate (CAGR) of approximately 2.27% over the last five years, indicating modest, steady growth, with the highest growth observed in 2017 and the most notable decline in 2019.
Year-on-year variations in the last two years showed moderate growth. Between 2021 and 2022, the value per capita increased by 1.26%, and between 2022 and 2023, it continued its upward trend with a rise of 1.25%.
Future trends to watch for include potential shifts due to changing consumer preferences for healthier, convenient options and premium products, possibly driving further growth or diversification, especially in organic and plant-based varieties within the market space.
How does Ireland rank in Soups and Broths and Preparations Thereof Market Size Value Per Capita?
| # | 15 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 16.24 | 2023 | |||
| 2 | 2 United Kingdom | 12.52 | 2023 | View data | ||
| 3 | 3 Germany | 10.73 | 2023 | View data | ||
| 4 | 4 Denmark | 9.24 | 2023 | View data | ||
| 5 | 5 Estonia | 9.14 | 2023 | View data | ||
