Soup Market Report, Trends, Business Strategies and Opportunities 2022-2027
According to IMARC Group latest report titled “Soup Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on soup market growth. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global soup market reached a value of US$ 10.8 Billion in 2021. Looking forward, IMARC Group expects the market value to reach US$ 13.2 Billion by 2027, expanding at a CAGR of 3.35% during the forecast period 2022-2027.
Soup is a food prepared by cooking vegetables, fish, legumes, and meat, among others, with seasoning in water, milk, or any liquid medium. It is often slow-cooked and retains the nutrition of its ingredients. It promotes various health benefits, such as enhancing heart function, aiding in weight loss, and strengthening the bone. It is rich in vitamins, minerals, nutrients, and protein.
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Market Trends:
The global market is majorly driven by the increasing consumption of health and wellness products. In line with this, the rising demand for convenience food owing to the fast-pacing lifestyle is positively influencing the market growth. Furthermore, the shifting inclination toward ready-to-eat and processed food items is catalyzing the demand for soup. Moreover, the introduction of new, innovative, and exotic flavors by various soup manufacturers is creating a positive outlook for the market. Additionally, the inflating disposable incomes and rising working population are providing a boost to the market across the globe.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- B&G Foods Inc.
- Baxters Food Group Limited
- Blount Fine Foods
- Campbell Soup Company
- Conagra Brands Inc.
- General Mills Inc.
- Nestlé S.A.
- Ottogi Corporation
- Premier Foods Group Limited
- The Hain Celestial Group Inc.
- The Kraft Heinz Company
- Unilever plc
Soup Market Segmentation:
Our report has categorized the market based on region, type, category, packaging and distribution channel.
Breakup by Type:
- Canned/Preserved Soup
- Chilled Soup
- Dehydrated Soup
- Frozen Soup
- UHT Soup
Breakup by Category:
- Vegetarian Soup
- Non-Vegetarian Soup
Breakup by Packaging:
- Canned
- Pouched
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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