In 2023, Spain led the European market for soup and broth production with 310.51 million kilograms, followed by the UK and France. Year-on-year variations show significant growth in Italy (5.17%) and Portugal (10.89%), while Germany and the Netherlands experienced declines. High growth in Belgium (12.98%) and Lithuania (19.4%) indicates emerging opportunities. Contrarily, Hungary shrank by 9.28%, displaying a potential disengagement from the market.
Future trends to watch include sustainability practices influencing production and packaging, the rise of healthy and organic soup variants, and potential market shifts due to economic changes impacting consumer preferences and purchasing power across Europe. Strategic expansions or collaborations in high-growth countries could capitalize on these trends.
Top countries in Sold Production of Soups and Broths and Preparations Therefor by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 310,510,000 | 2023 | +4.5% | +6% | View data |
| 2 | 2 United Kingdom | 259,480,000 | 2023 | -1.69% | +0.7% | View data |
| 3 | 3 France | 248,290,000 | 2023 | +5.04% | +6.77% | View data |
| 4 | 4 Germany | 182,550,000 | 2023 | -1.19% | -2.88% | View data |
| 5 | 5 Italy | 102,400,000 | 2023 | +7.15% | +5.17% | View data |
| 6 | 6 Netherlands | 70,894,000 | 2023 | +12.52% | -3.37% | View data |
| 7 | 7 Poland | 50,160,000 | 2023 | +0.052% | +1.44% | View data |
| 8 | 8 Portugal | 27,433,000 | 2023 | +4.95% | +10.89% | View data |
| 9 | 9 Belgium | 21,236,000 | 2023 | +2.41% | +12.98% | View data |
| 10 | 10 Denmark | 20,813,000 | 2023 | +0.66% | +2.32% | View data |
