The Irish soups and broths market showed a generally positive trend from 2013 to 2023, culminating at a value of 81.049 million Euros in 2023. The sector experienced fluctuating growth, with notable peaks in 2014 and 2017 and dips in years like 2015 and 2019. Growth rates encountered moderate year-on-year variations in recent years, leading to a slow CAGR of 0.069% over the last five years.
Future trends to watch for include:
- Increasing consumer demand for healthier options, including organic and low-sodium variations.
- Potential impacts from economic fluctuations and consumer confidence on spending habits.
- Innovation in packaging and sustainability efforts as key drivers for market appeal.
- The role of technological advancements in production and supply chain efficiencies.
How does Ireland rank in Soups and Broths and Preparations Thereof Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 896,290,000 | 2023 | +0.43% | +1.22% | View data |
| 2 | 2 United Kingdom | 852,310,000 | 2023 | -0.48% | -0.64% | View data |
| 3 | 3 France | 591,850,000 | 2023 | -3.29% | -2.01% | View data |
| 4 | 4 Spain | 342,600,000 | 2023 | +4.64% | +6% | View data |
| 5 | 5 Poland | 116,750,000 | 2023 | +0.3% | -0.64% | View data |
| 6 | 6 Belgium | 94,625,000 | 2023 | -1.95% | -0.3% | View data |
| 7 | 7 Ireland | 81,049,000 | 2023 | +1.62% | +0.069% | |
| 8 | 8 Czech Republic | 65,816,000 | 2023 | -0.6% | -0.48% | View data |
| 9 | 9 Denmark | 53,537,000 | 2023 | +0.93% | +0.53% | View data |
