Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Condensed Soup Market by Type (Regular Soup, Organic Soup), By Application (Personal, Group) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Condensed Soup Market by Type (Regular Soup, Organic Soup), By Application (Personal, Group) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 344884 4200 Food & Beverages 377 248 Pages 4.6 (38)
                                          

Market Overview:


The global condensed soup market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing disposable income, and growing urbanization. In terms of type, the regular soup segment is expected to dominate the market during the forecast period. However, the organic soup segment is projected to grow at a higher CAGR owing to rising awareness about health benefits associated with organic food products. In terms of application, personal use is expected to be the largest segment during the forecast period. However, group use is projected to grow at a higher CAGR due in part to increasing trend of social dining among millennials across regions.


Global Condensed Soup Industry Outlook


Product Definition:


A type of soup that is made by boiling down the stock or broth to a thicker consistency. This can be done by simmering the soup for a longer period of time, or by adding flour or starch to thicken it. Condensed soups are important because they can be used as a base for many different dishes, such as casseroles, stews, and sauces.


Regular Soup:


Regular soup is a clear liquid obtained from the cooking of vegetables and meat or fish stock. It has low viscosity and is usually consumed as an appetizer or as a meal in itself. The product finds its major application in the condensed soup market owing to its taste, flavor, nutritional value along with other factors like easy availability and consumption by all age groups.


Organic Soup:


Organic soup is a product that contains vegetables and fruits in their natural form. It is usually made from fresh ingredients and has not been processed or canned. Organic soups are rich in vitamins, minerals, proteins, fiber & antioxidants; therefore it helps to strengthen the immune system of the human body.


Application Insights:


The group application segment accounted for the largest share of more than 60.0% in 2017. Condensed soups are a popular choice among group meals as they are easy to prepare and offer nutritional benefits over other options such as ready-to-eat packaged foods or home cooked food. Group meals dominated the market due to increasing awareness about health & wellness, rising disposable income, changing lifestyles and growing preference for on-the-go products among millennials and Generation Z consumers globally.


The personal application segment is expected to witness significant growth over the forecast period owing to increased consumption of condensed soups by individuals around the world who prefer convenience foods in busy schedules.


Regional Analysis:


Europe was the largest regional market in 2017 owing to high demand for condensed soups from countries, such as Germany, U.K., France and Italy. Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% over the forecast period on account of increasing awareness regarding health benefits associated with condensed soup products coupled with rising disposable income levels in developing economies including China and India.


The North America market is anticipated to witness significant growth over the forecast period owing to growing consumer preference for healthy food products that are convenient for consumption at home or office without any additional preparation time required by consumers which supports product application scenario 1 (group) above). The Middle East & Africa (MEA) market also presents an opportunity due to increasing spending power among consumers who prefer convenience foods such as canned/packaged/concentrated soup products supporting scenario 2 above).


Growth Factors:


  • Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increase in demand for convenient food options such as condensed soups.
  • Rising disposable income: A rise in disposable income has resulted in consumers being able to afford premium and branded condensed soup products.
  • Growing popularity of soup diets: Soup diets have gained popularity in recent years, with many people using them as a weight loss tool. This is benefiting the condensed soup market as people are increasingly looking for healthier alternatives to traditional meals.
  • Innovation and new product launches: Manufacturers are constantly introducing new flavors and varieties of condensed soups in order to appeal to a wider range of consumers. This helps keep the market competitive and encourages consumer loyalty towards certain brands/products . 5) increasing urbanization : As more people move into cities, there is an increased demand for fast, easy-to-prepare meals that can be eaten on the go – which is exactly what condensed soups offer

Scope Of The Report

Report Attributes

Report Details

Report Title

Condensed Soup Market Research Report

By Type

Regular Soup, Organic Soup

By Application

Personal, Group

By Companies

Unilever, Shuanghui, Campbell, Nestle, NIPPON SHOKKEN, General Mills, Hain Celestial, Amy's Kitchen, Kraft Heinz, Baxters Food Group Limited, Bar Harbor Foods

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

248

Number of Tables & Figures

174

Customization Available

Yes, the report can be customized as per your need.


Global Condensed Soup Market Report Segments:

The global Condensed Soup market is segmented on the basis of:

Types

Regular Soup, Organic Soup

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Personal, Group

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Unilever
  2. Shuanghui
  3. Campbell
  4. Nestle
  5. NIPPON SHOKKEN
  6. General Mills
  7. Hain Celestial
  8. Amy's Kitchen
  9. Kraft Heinz
  10. Baxters Food Group Limited
  11. Bar Harbor Foods

Global Condensed Soup Market Overview


Highlights of The Condensed Soup Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Regular Soup
    2. Organic Soup
  1. By Application:

    1. Personal
    2. Group
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Condensed Soup Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
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  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Global Condensed Soup Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Condensed soup is a type of soup that has been condensed or reduced in volume.

Some of the key players operating in the condensed soup market are Unilever, Shuanghui, Campbell, Nestle, NIPPON SHOKKEN, General Mills, Hain Celestial, Amy's Kitchen, Kraft Heinz, Baxters Food Group Limited, Bar Harbor Foods.

The condensed soup market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Condensed Soup Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Condensed Soup Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Condensed Soup Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Condensed Soup Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Condensed Soup Market Size & Forecast, 2020-2028       4.5.1 Condensed Soup Market Size and Y-o-Y Growth       4.5.2 Condensed Soup Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Regular Soup
      5.2.2 Organic Soup
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Personal
      6.2.2 Group
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Condensed Soup Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Condensed Soup Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Regular Soup
      9.6.2 Organic Soup
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Personal
      9.10.2 Group
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Regular Soup
      10.6.2 Organic Soup
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Personal
      10.10.2 Group
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Regular Soup
      11.6.2 Organic Soup
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Personal
      11.10.2 Group
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Regular Soup
      12.6.2 Organic Soup
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Personal
      12.10.2 Group
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Regular Soup
      13.6.2 Organic Soup
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Personal
      13.10.2 Group
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Condensed Soup Market: Competitive Dashboard
   14.2 Global Condensed Soup Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Unilever
      14.3.2 Shuanghui
      14.3.3 Campbell
      14.3.4 Nestle
      14.3.5 NIPPON SHOKKEN
      14.3.6 General Mills
      14.3.7 Hain Celestial
      14.3.8 Amy's Kitchen
      14.3.9 Kraft Heinz
      14.3.10 Baxters Food Group Limited
      14.3.11 Bar Harbor Foods

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