The soups and broths market in Belgium shows a downward trend from 2013's per capita value of €9.74 to €8.31 in 2023. The highest value observed was in 2014 at €9.79, followed by a consistent decline through 2019. An uptick occurred in 2020, likely due to pandemic-driven home cooking, with subsequent slight declines. Between 2022 and 2023, there was a small decrease of approximately 1.1%. The five-year CAGR from 2018 to 2023 stands at a modest -0.24%, indicating a relatively stable but slightly declining market.
Future trends to watch for include shifts in consumer preferences towards healthier, organic options and potential impact from economic factors and lifestyle changes as well as an emphasis on sustainability and local sourcing. These elements could drive innovation and reshape market dynamics in the upcoming years.
How does Belgium 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 | |||
| 8 | 8 Finland | 7.26 | 2023 | View data | ||
| 9 | 9 Spain | 6.91 | 2023 | View data | ||
