Soup Market Size, Share & Trends Analysis Report By Product (Canned, Dried, UTH), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online), And Segment Forecasts, 2019 - 2025

Published: May, 2019 | Pages: 110 | Publisher: Grand View Research
Industry: Food & Beverages | Report Format: Electronic (PDF)

The global soup market size is expected to reach USD 19.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.0% over the forecast period. Growing demand for processed, ready to eat, and packed food and increasing women workforce are expected to increase the market demand in the upcoming years. In addition, increase in disposable income and changing consumer lifestyle in emerging economies including China and India are anticipated to increase the demand for soups.

Consumption of canned and dried soup products is increasing in North America and Europe, on account of continuous product innovation as per customer behavior and preferences. In addition, growing economic independence among women is increasing the consumption of packed and processed food products in the developed countries.

Soup being a healthy source of vitamins, minerals, nutrition, and protein serves as a prominent replacement for home cooked food. Therefore, this evolution in the working population is anticipated to significantly influence the demand for soup in future. Demand for soups in restaurants, food outlets, and food joints is expected to acquire a small market share due to growing consumer preference for ready to eat products and rising inclination towards healthy food habits.

Continuous use of cornstarch and salt in canned and dried soup products is expected to act as a restraining factor in the global market. High consumption of corn starch can lead to several health issues like increased level of blood sugar and blood pressure. However, continuous product development by companies such as Campbell Soup Company, which provides new flavors like roasted red pepper and tomato, butternut squash and sweet potato, and harvest carrot and ginger, is expected to influence the buying behavior of the younger population across the globe. The market leaders are focusing on developing new flavors and products in order to make their style statement in the market.

Further key findings from the study suggest:

• By product, the canned segment is projected to expand at a CAGR of 3.2% over the forecast period. This is attributed to high consumption of processed food in developed countries, including U.S. and Germany

• The dried product segment dominated the global market in 2018 with almost 60.0% share of the overall revenue. The growth is attributed to high vitamin and nutrient content in dried soup products in comparison with the other packed products

• The offline distribution channel dominated the market in 2018, accounting for a share of almost 90.0% of the overall revenue as most of the products are purchased through supermarkets/hypermarkets, convenience stores, and ordered at restaurants/food joints

• Europe dominated the global soup market in 2018, accounting for 39.6% share of the overall revenue. This trend is projected to continue over the next few years due to high preference for healthy food products in countries, including U.K., Germany, and France

• The industry is highly competitive in nature due to presence of the main players including Baxters Food Group Limited.; Nestle; The Original Soupman; AMY's Kitchen Inc.; and Associated British Foods PLC.

 Table of Contents

Chapter 1. Methodology and Scope
                    1.1. Market Segmentation & Scope
                    1.2. Market Definition
                    1.3. Information Procurement
                         1.3.1. Purchased Database
                         1.3.2. GVR's Internal Database
                         1.3.3. Secondary Sources & Third-Party Perspectives
                         1.3.4. Primary Research
                    1.4. Information Analysis 
                         1.4.1. Data Analysis Models
                    1.5. Market Formulation & Data Visualization
                    1.6. Data Validation & Publishing

Chapter 2. Executive Summary
                    2.1. Market Outlook
                    2.2. Segmental Outlook
                    2.3. Competitive Insights

Chapter 3. Soup Market Variables, Trends & Scope
                    3.1. Market Introduction
                    3.2. Penetration & Growth Prospect Mapping
                    3.3. Industry Value Chain Analysis
                         3.3.1. Sales/Retail Channel Analysis
                         3.3.2. Profit Margin Analysis
                    3.4. Market Dynamics
                         3.4.1. Market Driver Analysis
                         3.4.2. Market Restraint Analysis
                         3.4.3. Industry Challenges
                         3.4.4. Industry Opportunities
                    3.5. Business Environment Analysis
                         3.5.1. Industry Analysis - Porter's
                              3.5.1.1. Supplier Power
                              3.5.1.2. Buyer Power
                              3.5.1.3. Substitution Threat
                              3.5.1.4. Threat from New Entrant 
                              3.5.1.5. Competitive Rivalry
                    3.6. Roadmap of Soup Market
                    3.7. Market Entry Strategies 

Chapter 4. Consumer Behavior Analysis
                    4.1. Consumer Trends and Preferences
                    4.2. Factors Affecting Buying Decision 
                    4.3. Consumer Product Adoption 
                    4.4. Observations & Recommendations

Chapter 5. Soup Market: Product Estimates & Trend Analysis
                    5.1. Product Movement Analysis & Market Share, 2018 & 2025
                    5.2. Canned
                         5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.3. Dried
                         5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.4. UTH
                         5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    5.5. Others
                         5.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 6. Soup Market: Distribution Channel Estimates & Trend Analysis
                    6.1. Distribution channel Movement Analysis & Market Share, 2018 & 2025
                    6.2. Supermarkets/Hypermarkets
                         6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.3. Convenience Stores
                         6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                    6.4. Offline
                         6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)

Chapter 7. Soup Market: Regional Estimates & Trend Analysis
                    7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                    7.2. North America
                         7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         7.2.4. U.S.
                              7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                              7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    7.3. Europe
                         7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         7.3.4. U.K.
                              7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                              7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         7.3.5. Germany
                              7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                              7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    7.4. Asia Pacific
                         7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         7.4.4. China 
                              7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                              7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         7.4.5. India
                              7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                              7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    7.5. Central & South America (CSA)
                         7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                         7.5.4. Brazil
                              7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                              7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                              7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
                    7.6. Middle East & Africa (MEA)
                         7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
                         7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Million)
                         7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)

Chapter 8. Competitive Analysis
                    8.1. Key global players, recent developments & their impact on the industry
                    8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                    8.3. Vendor Landscape
                         8.3.1. Key company market share analysis, 2018

Chapter 9. Company Profiles
                    9.1. Bear Creek Country Kitchens LLC (U.S.)
                         9.1.1. Company Overview
                         9.1.2. Financial Performance
                         9.1.3. Product Benchmarking
                         9.1.4. Strategic Initiatives
                    9.2. General Mills Inc. (U.S.)
                         9.2.1. Company Overview
                         9.2.2. Financial Performance
                         9.2.3. Product Benchmarking
                         9.2.4. Strategic Initiatives
                    9.3. Unilever PLC (U.K.)
                         9.3.1. Company Overview
                         9.3.2. Financial Performance
                         9.3.3. Product Benchmarking
                         9.3.4. Strategic Initiatives
                    9.4. Nestlé 
                         9.4.1. Company Overview
                         9.4.2. Financial Performance
                         9.4.3. Product Benchmarking
                         9.4.4. Strategic Initiatives
                    9.5. Associated British Foods PLC (U.K.)
                         9.5.1. Company Overview
                         9.5.2. Financial Performance
                         9.5.3. Product Benchmarking
                         9.5.4. Strategic Initiatives
                    9.6. Premier Foods (U.K.)
                         9.6.1. Company Overview
                         9.6.2. Financial Performance
                         9.6.3. Product Benchmarking
                         9.6.4. Strategic Initiatives
                    9.7. Conagra Brands Inc. (U.S.)
                         9.7.1. Company Overview
                         9.7.2. Financial Performance
                         9.7.3. Product Benchmarking
                         9.7.4. Strategic Initiatives
                    9.8. Symington's Ltd. (U.K.)
                         9.8.1. Company Overview
                         9.8.2. Financial Performance
                         9.8.3. Product Benchmarking
                         9.8.4. Strategic Initiatives
                    9.9. TSC Foods (U.K.)
                         9.9.1. Company Overview
                         9.9.2. Financial Performance
                         9.9.3. Product Benchmarking
                         9.9.4. Strategic Initiatives
                    9.10. Hain Celestial (U.S.)
                         9.10.1. Company Overview
                         9.10.2. Financial Performance
                         9.10.3. Product Benchmarking
                         9.10.4. Strategic Initiatives

List of Tables

1. Soup - Key market driver analysis
2. Soup - Key market restraint analysis
3. Global canned soup market estimates and forecast, 2015 - 2025 (USD Million)
4. Global dried soup market estimates and forecast, 2015 - 2025 (USD Million)
5. Global UTH soup market estimates and forecast, 2015 - 2025 (USD Million)
6. Global others soup market estimates and forecast, 2015 - 2025 (USD Million)
7. Global Soup market estimates and forecast through supermarkets/hypermarkets, 2015 - 2025 (USD Million)
8. Global Soup market revenue through supermarket/hypermarket, 2015 - 2025 (USD Million)
9. Global Soup market estimates and forecast through convenience stores, 2015 - 2025 (USD Million)
10. Global Soup market estimates and forecast through online, 2015 - 2025 (USD Million)
11. North America Soup market estimates and forecast, 2015 - 2025 (USD Million)
12. North America Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
13. North America Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
14. U.S. Soup market estimates and forecast, 2015 - 2025 (USD Million)
15. U.S. Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
16. U.S. Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
17. Europe Soup market estimates and forecast, 2015 - 2025 (USD Million)
18. Europe Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
19. Europe Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
20. Germany Soup market estimates and forecast, 2015 - 2025 (USD Million)
21. Germany Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
22. Germany Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
23. U.K. Soup market estimates and forecast, 2015 - 2025 (USD Million)
24. U.K. Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
25. U.K. Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
26. Asia Pacific Soup market estimates and forecast, 2015 - 2025 (USD Million)
27. Asia Pacific Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
28. Asia Pacific Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
29. China Soup market estimates and forecast, 2015 - 2025 (USD Million)
30. China Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
31. China Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
32. India Soup market estimates and forecast, 2015 - 2025 (USD Million)
33. India Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
34. India Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
35. Central & South America Soup market estimates and forecast, 2015 - 2025 (USD Million)
36. Central & South America Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
37. Central & South America Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
38. Brazil Soup market estimates and forecast, 2015 - 2025 (USD Million)
39. Brazil Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
40. Brazil Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
41. Middle East & Africa Soup market estimates and forecast, 20145- 2025 (USD Million)
42. Middle East & Africa Soup market revenue estimates and forecast by product, 2015 - 2025 (USD Million)
43. Middle East & Africa Soup market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million)
44. Vendor landscape

List of Figures

1. Soup market snapshot 
2. Soup market segmentation & scope
3. Soup market penetration & growth prospect mapping
4. Soup value chain analysis
5. Soup market dynamics
6. Soup market Porter's analysis 
7. Soup market: Product movement analysis 
8. Soup market: Distribution channel movement analysis 
9. Soup market: Regional movement analysis