Liquid food best served as a fast, hot meal, soup offers a variety of health benefits due to the presence of a number of health-promoting ingredients such as meat, lentils, or beans and vegetables that make it a power pack of minerals, vitamins, and nutrients. In addition to avoiding stomach infection, soup helps improve immunity and ensures safe digestion.
MARKET DYNAMICS
The soup market is experiencing a healthy growth rate due to regular product launches coupled with creative flavors offered by market players. Increased demand for convenience food is likely to drive the market during the assessment period. As the working population changes its choice to processed food products, soup demand is on the rise across the globe. Soups contain ingredients such as vegetables and meat that are known to have a range of health benefits and avoid indigestion. Such health benefits provided by soups attract a wide population of health-conscious customers across the globe. Moreover, with the growing consumption of soup as a meal substitute, the market is considered to thrive. Market players are also launching innovative packaging and flavorings, particularly for children, which further promote the market.
MARKET SCOPE
The "Global Soups Market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the soups market with detailed market segmentation by category, product, distribution channel, and geography. The global soups market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading soups market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global soups market is segmented on the basis of category, product, and distribution channel. On the basis of category the global soups market is segmented into vegetarian soup, and non-vegetarian soup. Based on product the global soups market is segmented into canned, dried, UTH, and others. Based on end user the global soups market is segmented into supermarkets/hypermarkets, convenience stores, online, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global soups market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The soups market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the soups market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the soups market in these regions.
MARKET PLAYERS
The reports cover key developments in the soups market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from soups market are anticipated to lucrative growth opportunities in the future with the rising demand for soups in the global market. Below mentioned is the list of few companies engaged in the soups market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the washable marker market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Associated British Foods PLC
- Premier Foods
- Conagra Brands Inc.
- Symington's Ltd
- TSC Foods
- Hain Celestial
- Bear Creek Country Kitchens LLC
- General Mills Inc.
- Nestl?
- Unilever PLC
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.