The Broth Global Market Report 2023, provides comprehensive information on the broth market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/broth-global-market-report
As per The Business Research Company’s Broth Global Market Report 2023, the global broth market is expected to grow from $4.55 billion in 2022 to $4.83 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The broth market is expected to reach $5.91 billion in 2027 at a CAGR of 5.1%.
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Product innovation is the key trend gaining popularity in the broth market. Major companies operating in the broth market are concentrating on creating innovative products to strengthen their position in the market. For instance, in March 2023, Z Natural Foods, a US-based company specializing in natural and organic food products, introduced its instant chicken bone broth soup base powder, offering a convenient way to enjoy the health benefits of bone broth. This natural product contains organic ingredients such as chicken bone broth, carrots, tomatoes, shiitake mushrooms, and onions. With this nutritious and flavorful blend, creating delicious soups, stews, sauces, and other culinary creations becomes effortless.
The broth market is segmented:
1) By Type: Chicken Broth, Beef Broth, Vegetable Broth, Seafood Broth, Other Types
2) By Category: Organic, Conventional
3) By Nature: Shelf Stable, Refrigerated
4) By Distribution Channel: Supermarkets And Hypermarkets, Convenience Stores, Online Retail, Other Distribution Channels
North America was the largest region in the broth market in 2022.
The table of contents in TBRC’s broth market report includes:
1.Executive Summary
2. Broth Market Characteristics
3. Broth Market Trends And Strategies
4. Broth Market – Macro Economic Scenario
5. Global Broth Market Size and Growth
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32. Global Broth Market Competitive Benchmarking
33. Global Broth Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Broth Market
35. Broth Market Future Outlook and Potential Analysis
36. Appendix
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