Dried Soups Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the Dried Soups Market by region.
Global Dried Soups Market is valued at approximately USD 1.94 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.2% over the forecast period 2022-2029.
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Dried Soups are an instant solution made with hot water. These types of soups are usually dried or dehydrated and are packed in airtight packaging such as cans, pouches etc. These soups are available in different flavors including mixed vegetables, tomato, and sweet corn among others. The increasing consumption of convenience foods and growing expansion of quick service restaurants as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing demand for convenience food products owing to rising number of working populations, and growing penetration of online food delivery platforms are contributing to the growth of the Global Dried Soups Market. For instance, according to Statista – as of 2022, the revenue in the Convenience Food segment is estimated at USD 562.20 billion, and the market is expected to grow annually by 6.21% between 2022-2027 to USD 759.83 billion by 2027. Moreover, in Asia Pacific, in 2022 the revenue in the Convenience Food segment is estimated at USD 330.10 billion, and the market is expected to grow annually by 6.91% between 2022 and 2027 to reach USD 461.04 billion by 2027. Also growing demand for nutrition-rich products and rise in urban population would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Dried Soups stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Dried Soups Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players and increasing consumption of packaged food products in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising number of working-class population and increasing growth of the quick service restaurants in the region.
Major market players included in this report are:
- Unilever Canada Inc (Knorr)
- Harmony House Foods, Inc.
- J. Heinz Company, L.P.
- McKenzie’s
- Mother Earth Products
- Cooke Tavern Soups
- Frontier Soups
- CAMPBELL COMPANY OF CANADA
- Bear Creek Country Kitchens, LLC
- John A. McDougall, M.D.
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Recent Developments in the Market:
In November 2021, California, United States based Herbalife Nutrition rolled out its new Instant Soup in the United States. The soup mix is formulated with 15 grams of plant-based protein and 3 grams of fiber.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Packaging Type
Pouches
Cups
By Distribution Channel
Hypermarket/Supermarket
Convenience Stores
Specialty Stores
Online Sales Channel
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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Scope of the Report:
The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.
Our Dried Soups Market Report is divided into several chapters to provide readers with a comprehensive understanding of the market.
Chapter 1 includes the scope of the report, research methodology, and other relevant information regarding the report’s contents.
Chapter 2 provides an executive summary, including the global Dried Soups market size, sales and revenue, and compound annual growth rate (CAGR). It also includes the Dried Soups market size by region, type, and application, historical data from 2018 to 2023, and a forecast until 2030.
Chapter 3 focuses on Dried Soups market sales, revenue, average price, global market share, and industry ranking by company from 2018 to 2023.
Chapter 4 presents global Dried Soups Market sales and revenue by region and country. It provides country-specific data and market value analysis for regions including the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America, and the Middle East and Africa.
Chapters 5 through 8 delve deeper into the market, focusing on sales segments by country and type for each region including the Americas, APAC, Europe, and the Middle East and Africa.
Chapter 9 analyzes current market trends, market forecasts, opportunities, and economic trends that may affect the future of the marketplace.
Chapter 10 examines the manufacturing cost structure analysis of the market.
Chapter 11 explores sales channels, distributors, and customers.
Chapter 12 presents a world forecast review for geographic regions.
Chapter 13 analyzes key players in the market.
Chapter 14 provides research findings and a conclusion.
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