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Soup Market - Forecast (2020 - 2025)

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    Report

  • 109 Pages
  • March 2020
  • Region: Global
  • IndustryARC
  • ID: 4425386
The global soup market was valued at $ 16,903 million in 2020 and is anticipated to grow at a CAGR of 3.3% during the forecast period 2020-2025. The market would be experiencing steady growth given the incredible health benefits such as aiding in weight reduction, providing health amounts of proteins and vitamins. In addition, the products ability to aid in weight reduction, affordability is driving the market. Canned/Preserved soup segment generated $8,091.80 million in value terms in 2020. This is given the decreasing cooking time and change in lifestyle especially in the urban areas. The Supermarkets/hypermarkets held the major share of 79.3% in the retail distribution channel of soup market. Independent restaurant held the largest share of 53% in the on-trade distribution channel which is estimated to grow at a CAGR 3.85% during the forecast period 2020-2025.

What is Soup?

Soup is a liquid food which is served warm and considered to be the first course of a meal and good appetizers. Soup is prepared using ingredients such as meat and vegetables with stock, juice, water and other liquids. It is also made by boiling or simmering meat, fish, or vegetables with various added ingredients and often containing solid pieces. Traditionally soups are classified into two main groups’ clear soups and thick soups. Commercial soup became popular with the invention of canning in 19th century.

What are the major applications for Soup?

Soup is a delicious and nutritious meal which are high in vitamin A, B, K, C, cream soups are rich in vitamin D, and soups are low in fat making them a best choice for those who prefer a healthy diet as it has high proportion of water in it. It is the easiest way to add vegetables to your daily meal. Eating hot/warm soup can help to clear the sinuses with steam.

Vegetable soups are low in calories and high in nutrients, and helps your vegetable intake, whereas non veg soup help treating the physical maladies, and helps in removing bacteria in throat, mouth and tonsils.

Market Research and Market Trends of Soup Market


  • Natural products without preservatives or additives: Growing sophistication of markets with regards to demand of value added products such as functional soups with health promoted characteristics in addition to natural, safe nutritious and home-made appearance.

  • Organic Soups: Organic products have started to gain prominence only from the last few years and the urban affluent population has started is shifting towards them in light of rising health concerns. New variety and range of products are being introduced in the organic segment on a continuous basis to cater to the rising demand of the consumers.

  • Eco Friendly Packaging:  Growing trend for lightweight pouch packaging for soup which is bio-degradable is aiding the market growth. UK- based Aegg which is into packaging has developed a new range of fresh soup and pasta sauce spots, features a built-in pouring spout and a tear back lid and are suitable for adhesive, in-mould and print labels which boosts the shelf life of the product.

  • New Flavors:  Consumers have started to opt for different types of flavors matching local taste preferences and cooking and consumption habits. The trend in testing various types of global food products is gaining prominence including the soup market.



Who are the Major Players in Soup market?

The companies referred in the market research report includes Heinz classic, New Covent garden, Campbell soup company, Yorkshire soup, Batchelors cup aSoup, Mugshot pasta snack, Baxters, Unilever PLC, General Mills, Kettle cuisine, Amy’s kitchen inclusive, Blount fine foods, Weight watchers, Knorr, Crosse & Blackwell.

What is our report scope?

The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers and so on to comprehend the prevailing market dynamics at present and its impact during the forecast period 2020-2025.

Key Takeaways from this Report


  • Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

  • Analyze the sales and distribution channels across key geographies to improve top-line revenues.

  • Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Table of Contents

1. Soup Market - Overview
1.1. Definitions and Scope
2. Soup Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Soup Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 8 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 8 companies
3.1.4. Patent Analysis - Top 8 companies
3.1.5. Pricing Analysis
4. Soup Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes
5. Soup Market -Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
5.4. Suppliers and distributors Market Share
6. Soup Market – By Type (Market Size -$Million / $Billion)
6.1. Market Size and Market Share Analysis
6.2. Application Revenue and Trend Research
6.3. Product Segment Analysis
6.3.1. Introduction
6.3.2. Canned/preserved soup
6.3.3. Dehydrated soup
6.3.4. Frozen soup
6.3.5. Instant soup
6.3.6. Chilled soup
6.3.7. UHT soup
6.3.8. Others
7. Soup Market – By content (Market Size -$Million / $Billion)
7.1. Veg ingredients
7.1.1. Tomato Soup
7.1.2. Tortilla Soup
7.1.3. Bean Soup
7.1.4. Lentil Soup
7.1.5. Potato Soup
7.1.6. Others
7.2. Non-veg ingredients
7.2.1. Chicken Soup
7.2.2. Mutton Soup
7.2.3. beef soup
7.2.4. Fish Soup
7.2.5. Others
8. Soup Market – By Production Methods (Market Size -$Million / $Billion)
8.1. Continuous line
8.2. Continuous particulate line
8.3. Continuous smooth line
8.4. Batch particulate line
8.5. Dehydrated line
9. Soup Market – By Trademark owner (Market Size -$Million / $Billion)
9.1. Introduction
9.2. Brand manufacturer
9.3. Private label
10. Soup Market – By packaging type (Market Size -$Million / $Billion)
10.1. Introduction
10.2. Cans
10.3. Carton
10.4. Flexible
10.5. Tubs/cups
10.6. Bags
10.7. Pet bottles
10.8. Pouches
11. Soup Market – By distribution channel (Market Size -$Million / $Billion)
11.1. Introduction
11.2. Retailers
11.2.1. Supermarkets/hypermarkets
11.2.2. Cash & Carries
11.2.3. Warehouse Clubs
11.2.4. Discounters
11.2.5. Convenience Stores
11.2.6. Departmental Stores
11.2.7. Specialty Food and Drinks Stores
11.2.8. Online retailers
11.2.9. Others
11.3. On trade
11.3.1. Restaurant chains
11.3.2. Small Scale Independent restaurants
11.3.3. Public Cafeteria
11.3.3.1. Educational Institutions
11.3.3.2. Hospitals
11.3.3.3. Offices
11.4. Others
12. Soup - By Geography (Market Size -$Million / $Billion)
12.1. Soup Market - North America Segment Research
12.2. North America Market Research (Million / $Billion)
12.2.1. Segment type Size and Market Size Analysis
12.2.2. Revenue and Trends
12.2.3. Application Revenue and Trends by type of Application
12.2.4. Company Revenue and Product Analysis
12.2.5. North America Product type and Application Market Size
12.2.5.1. U.S.
12.2.5.2. Canada
12.2.5.3. Mexico
12.2.5.4. Rest of North America
12.3. Soup - South America Segment Research
12.4. South America Market Research (Market Size -$Million / $Billion)
12.4.1. Segment type Size and Market Size Analysis
12.4.2. Revenue and Trends
12.4.3. Application Revenue and Trends by type of Application
12.4.4. Company Revenue and Product Analysis
12.4.5. South America Product type and Application Market Size
12.4.5.1. Brazil
12.4.5.2. Venezuela
12.4.5.3. Argentina
12.4.5.4. Ecuador
12.4.5.5. Peru
12.4.5.6. Colombia
12.4.5.7. Costa Rica
12.4.5.8. Rest of South America
12.5. Soup - Europe Segment Research
12.4. Europe Market Research (Market Size -$Million / $Billion)
12.4.1. Segment type Size and Market Size Analysis
12.4.2. Revenue and Trends
12.4.3. Application Revenue and Trends by type of Application
12.4.4. Company Revenue and Product Analysis
12.4.5. Europe Segment Product type and Application Market Size
12.4.5.1. U.K
12.4.5.2. Germany
12.4.5.3. Italy
12.4.5.4. France
12.4.5.5. Netherlands
12.4.5.6. Belgium
12.4.5.7. Spain
12.4.5.8. Denmark
12.4.5.9. Rest of Europe
12.5. Soup – APAC Segment Research
12.6. APAC Market Research (Market Size -$Million / $Billion)
12.6.1. Segment type Size and Market Size Analysis
12.6.2. Revenue and Trends
12.6.3. Application Revenue and Trends by type of Application
12.6.4. Company Revenue and Product Analysis
12.6.5. APAC Segment – Product type and Application Market Size
12.6.5.1. China
12.6.5.2. Australia
12.6.5.3. Japan
12.6.5.4. South Korea
12.6.5.5. India
12.6.5.6. Taiwan
12.6.5.7. Malaysia
13. Soup Market - Entropy
13.1. New product launches
13.2. M&A's, collaborations, JVs and partnerships
14. Soup Market Company Analysis
14.1. Market Share, Company Revenue, Products, M&A, Developments
15. Soup Market -Appendix
15.1. Abbreviations
15.2. Sources
16. Soup Market -Methodology Premium
16.1. Research Methodology
16.1.1. Company Expert Interviews
16.1.2. Industry Databases
16.1.3. Associations
16.1.4. Company News
16.1.5. Company Annual Reports
16.1.6. Application Trends
16.1.7. New Products and Product database
16.1.8. Company Transcripts
16.1.9. R&D Trends
16.1.10. Key Opinion Leaders Interviews
16.1.11. Supply and Demand Trends

Methodology

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