Between 2013 and 2023, Finland's market size for soups and broths per capita increased from €5.76 to €7.26. This represents a growth trend, albeit with fluctuations. The year-on-year variations indicate notable peaks in 2015 and 2017, followed by a decline in 2018. However, stability arose from 2019 to 2023 with minimal year-on-year changes, reflecting a mature market. The compound annual growth rate over the past five years stands at 0.98%, indicating average yearly growth. As of 2023, the value per capita is €7.26.
Future trends to watch for include innovations in product offerings, such as health-oriented or sustainably packaged products, which could reignite growth. Additionally, shifting consumer preferences toward convenience and wellness could impact future market dynamics. Monitoring demographic changes and economic factors will also be crucial in forecasting future demand.
How does Finland rank in Soups and Broths and Preparations Thereof Market Size Value Per Capita?
| # | 15 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 16.24 | 2023 | View data | ||
| 2 | 2 United Kingdom | 12.52 | 2023 | View data | ||
| 3 | 3 Germany | 10.73 | 2023 | View data | ||
| 4 | 4 Denmark | 9.24 | 2023 | View data | ||
| 5 | 5 Estonia | 9.14 | 2023 | View data | ||
| 6 | 6 France | 8.8 | 2023 | View data | ||
| 7 | 7 Belgium | 8.31 | 2023 | View data | ||
| 8 | 8 Finland | 7.26 | 2023 | |||
| 9 | 9 Spain | 6.91 | 2023 | View data | ||
| 10 | 10 Czech Republic | 6.17 | 2023 | View data | ||
