The volume of the Soups and Broths market in the UK has shown significant fluctuation over the past decade, decreasing from 6.21 kg per capita in 2013 to 4.38 kg per capita in 2023. This represents an overall declining trend with intermittent slight recoveries, particularly in 2019. The year-on-year variation over the last two years showed small decreases, indicating a slight downward trend. The compound annual growth rate (CAGR) over the last five years reflects a negative average annual change.
Future trends to watch include evolving consumer preferences towards health and convenience, increased demand for sustainable and organic products, and innovation in flavors that may affect market dynamics. Monitoring these trends could provide insights into potential growth areas or further declines.
How does the United Kingdom rank in Soups and Broths and Preparations Thereof Market Size Volume Per Capita?
| # | 13 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 5.36 | 2023 | View data | ||
| 2 | 2 United Kingdom | 4.38 | 2023 | |||
| 3 | 3 France | 3.16 | 2023 | View data | ||
| 4 | 4 Denmark | 3.05 | 2023 | View data | ||
| 5 | 5 Belgium | 2.74 | 2023 | View data | ||