The Soups and Broths market in Portugal exhibited fluctuating growth over the past decade, reaching a value of 35.87 million Euros in 2023. Year-on-year variations highlight volatility, with positive trends in recent years, notably a 16.71% increase in 2022 followed by a modest 1.93% in 2023. The five-year CAGR was 1.97%, underscoring gradual market expansion.
Future trends to watch include the impact of consumer preferences for healthier and organic options, innovations in packaging for convenience, and the potential influence of economic factors on consumer spending behaviors.
How does Portugal 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 |
| 9 | 9 Denmark | 53,537,000 | 2023 | +0.93% | +0.53% | View data |
| 10 | 10 Finland | 40,124,000 | 2023 | +0.9% | +1.01% | View data |
| 11 | 11 Portugal | 35,870,000 | 2023 | +1.93% | +1.97% | |
| 12 | 12 Croatia | 15,174,000 | 2023 | -0.19% | +0.82% | View data |
| 13 | 13 Estonia | 12,957,000 | 2023 | +2.11% | +1.82% | View data |