Home > Food & Beverages > Processed Food > Convenience Foods > Broth Market
Broth Market size is estimated to record substantial growth at more than 3.6% CAGR from 2023-2032. The surging consumer inclination towards health and wellness is expected to drive the demand for nutritious and beneficial broths. On account of their collagen and protein content as well as presence of health-promoting ingredients, broths have gained wide popularity in various diets. To that end, several product manufacturers are constantly introducing newer healthier broths to cater to the rising consumer requirements.
For example, in August 2021, Pacific Foods, Campbell Soup Co.’s subsidiary doubled down on its plant-based innovation with the launch of Creamy Plant-Based Broths and Creamy Oat Milk Soups. The rising emphasis on exploring new and diverse flavor profiles, ethnic-inspired & specialty broths will also play ideal role in the industry development.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 3.6% |
Historical Data for: | 2023 to 2032 |
No. of Pages: | 230 |
Tables, Charts & Figures: | 348 |
Segments covered: | Type and Region |
Growth Drivers: |
|
Pitfalls & Challenges: |
|