The new report by Expert Market Research titled, ‘Global Soup Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global soup market, assessing the market based on its segments like by category, composition, packaging type, distribution channel and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/soup-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 17 Billion
- Forecast CAGR (2021-2026): 8%
- Forecast Market Size (2026): USD 20 Billion
The growth of the soup market over the medium term is projected to be aided by increasing product varieties, an increase in the consumption of health and wellness products, and promotion by the market players. The demand for healthier food products in North America, which accounts for a significant share of the world market, is also expected to increase.
Industry Definition and Major Segments
Most soups are made by cooking various vegetables, seafood, or meats with a flavoring liquid, such as water, milk, or a different liquid altogether. A good way to retain nutrition in a soup is to cook it slowly. Used during illness, they also have an energetic effect. A variety of health benefits can be attributed to the consumption of soups. It helps with digestion, promotes heart health, promotes weight loss, and helps to build bone density.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/soup-market
The major categories of soup are:
- Vegetarian
- Non-Vegetarian
The market can be broadly divided on the basis of its products into:
- Liquid
- Dried
- Frozen
- Others
Based on the packaging type, the industry can be segmented into:
- Bottled
- Canned
- Pouched
- Others
By distribution channel, the market is divided into:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Food Service
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Market Trends
Due to the increase in convenience product offerings, like packaged soup, ready-to-eat soup, organic soup, quick soup, pouched soup, there is potential for a great increase in the market for instant and vegetarian soup. Also, there is an increasing demand for vegan and organic snack items in convenient formats, as customers increasingly desire soup that is ready to eat as a snack. Therefore, companies offering highly nutritious ingredients in soups are making soup convenient and appealing to vegans.
According to market forecasts, online sales of soup are expected to grow significantly over the next few years due to the entrance of various online companies, which will greatly increase product availability and facilitate customer access.
Many new trends are encouraging the North American market to grow, including new products being launched, a focus on advertisement, and an increase in product offerings.
Key Market Players
The major players in the market are Campbell Soup Company, The Kraft Heinz Company, Unilever PLC, General Mills Inc., Conagra Brands Inc., B&G Foods, Inc., Nestlé S.A., among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
Fast Food Market: https://www.expertmarketresearch.com/reports/fast-food-market
Snack Bars Market: https://www.expertmarketresearch.com/reports/snack-bars-market
Frozen Potato Products Market: https://www.expertmarketresearch.com/reports/frozen-potato-products-market
Seaweed Snacks Market: https://www.expertmarketresearch.com/reports/seaweed-snacks-market
Freeze-Dried Food Market: https://www.expertmarketresearch.com/reports/freeze-dried-food-market
India Frozen Potato Products Market: https://www.expertmarketresearch.com/reports/india-frozen-potato-products-market
Mayonnaise Market: https://www.expertmarketresearch.com/reports/mayonnaise-market
Middle East and North Africa Extruded Snack Food Market: https://www.expertmarketresearch.com/reports/middle-east-and-north-africa-extruded-snack-food-market
Iraq Dried Pasta Market: https://www.expertmarketresearch.com/reports/iraq-dried-pasta-market
India Ice Cream Market: https://www.expertmarketresearch.com/reports/india-ice-cream-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-516s6 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
0 Comments:
Post a Comment