The Portuguese market for Soups and Broths and Preparations Thereof has shown fluctuating growth from 2013 to 2023, reaching a volume of 11.764 Million Kilograms in 2023. Over the last decade, the market experienced significant growth during 2015 and 2016, followed by a decline in 2017. Steady growth returned from 2019 onwards, with minor year-on-year variations, averaging a 1.75% CAGR over the last five years.
Looking forward, potential trends to monitor include:
- Growing consumer interest in health-oriented and organic soup products, which may drive further volume growth.
- Innovations in packaging and convenience that could appeal to busy consumers.
- Possible impact of economic changes in Portugal on consumer spending habits related to packaged food products.
How does Portugal 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% | View data |
| 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% | |
| 9 | 9 Finland | 9,671,800 | 2023 | +2.19% | +1% | View data |
| 10 | 10 Austria | 5,517,200 | 2023 | -5.46% | -3.45% | View data |
