The UK market for Soups and Broths and Preparations thereof witnessed fluctuating trends over the past decade, peaking in 2013 at 398.2 million kilograms and reaching 299.02 million kilograms by 2023. The most significant growth occurred in 2019 with a 19.19% increase, while downturns were evident notably from 2014 to 2017. Over the last five years, the market showed a modest recovery with a CAGR of 1.64%, stabilizing the downward trend.
Future trends to watch for include consumer preference shifts toward healthier, organic options and potential impacts of economic conditions on purchasing power and consumption habits.
How does the United Kingdom 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% | |
| 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 |