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Soup in Mexico

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    Report

  • 23 Pages
  • December 2021
  • Region: Mexico
  • Euromonitor International
  • ID: 246481
In a relatively stagnant category during the early-to-mid-review period, retail volume sales of soup are expected to decline over 2021, following a spike in demand during the Coronavirus (COVID-19) pandemic in 2020. Nonetheless, retail volume sales in 2021 are projected to remain higher than in 2019. Similarly, retail current value growth over 2021 is predicted to be much slower than in 2020, when there was a spike, but also all other years of the review period.

The Soup in Mexico report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2016-2020, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in 2021 directly informs our forecasts to 2025, clearly indicating how the market is expected to change.

Product coverage: Chilled Soup, Dehydrated Soup, Frozen Soup, Instant Soup, Shelf Stable Soup.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Soup market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

The publisher has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, the publisher has a unique capability to develop reliable information resources to help drive informed strategic planning.

Table of Contents

SOUP IN MEXICOKEY DATA FINDINGS
2021 DEVELOPMENTS
  • Home-centred lifestyle remains the main driver of soup sales
  • New labelling regulation encourages reformulations of soups
“Others” benefits from search for lower-priced options to see the fastest retail value share growth in 2021
PROSPECTS AND OPPORTUNITIES
  • Convenience remains a key sales driver, but return to foodservice set to limit retail growth potential
  • Uncertain economic climate offers growth opportunities for private label and small lower-priced brands
  • Major new entrants may increase the competition to the leading players
CATEGORY DATA
  • Table 1 Sales of Soup by Category: Volume 2016-2021
  • Table 2 Sales of Soup by Category: Value 2016-2021
  • Table 3 Sales of Soup by Category: % Volume Growth 2016-2021
  • Table 4 Sales of Soup by Category: % Value Growth 2016-2021
  • Table 5 Sales of Soup by Leading Flavours: Rankings 2016-2021
  • Table 6 NBO Company Shares of Soup: % Value 2017-2021
  • Table 7 LBN Brand Shares of Soup: % Value 2018-2021
  • Table 8 Distribution of Soup by Format: % Value 2016-2021
  • Table 9 Forecast Sales of Soup by Category: Volume 2021-2026
  • Table 10 Forecast Sales of Soup by Category: Value 2021-2026
  • Table 11 Forecast Sales of Soup by Category: % Volume Growth 2021-2026
  • Table 12 Forecast Sales of Soup by Category: % Value Growth 2021-2026
  • CHART 1 Cooking Ingredients and Meals Value Sales Growth Scenarios: 2019-2026
  • CHART 2 Cooking Ingredients and Meals Impact of Drivers on Value Sales: 2018-2026
COOKING INGREDIENTS AND MEALS IN MEXICO
EXECUTIVE SUMMARY
  • Cooking ingredients and meals in 2021: The big picture
  • Key trends in 2021
  • Competitive landscape
  • Channel developments
  • What next for cooking ingredients and meals?
MARKET DATA
  • Table 13 Sales of Cooking Ingredients and Meals by Category: Volume 2016-2021
  • Table 14 Sales of Cooking Ingredients and Meals by Category: Value 2016-2021
  • Table 15 Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2016-2021
  • Table 16 Sales of Cooking Ingredients and Meals by Category: % Value Growth 2016-2021
  • Table 17 NBO Company Shares of Cooking Ingredients and Meals: % Value 2017-2021
  • Table 18 LBN Brand Shares of Cooking Ingredients and Meals: % Value 2018-2021
  • Table 19 Penetration of Private Label by Category: % Value 2016-2021
  • Table 20 Distribution of Cooking Ingredients and Meals by Format: % Value 2016-2021
  • Table 21 Forecast Sales of Cooking Ingredients and Meals by Category: Volume 2021-2026
  • Table 22 Forecast Sales of Cooking Ingredients and Meals by Category: Value 2021-2026
  • Table 23 Forecast Sales of Cooking Ingredients and Meals by Category: % Volume Growth 2021-2026
  • Table 24 Forecast Sales of Cooking Ingredients and Meals by Category: % Value Growth 2021-2026
SOURCES
  • Summary 1 Research Sources