Soups Market- Global Industry Insights, Trends, Outlook and Forecast 2025

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Soups Market- Insights, Size, Share, Opportunity
Analysis, and Industry Forecast till 2025
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REPORT DESCRIPTION
Soup is a type of liquid food that is prepared
using vegetables, meat, fish, water, and other
additives. Consumption of soup has many benefits.
It is a source of nutrients, which are essential
for proper functioning of the body. American
Heart Association recommends that an adult should
consume eight or more servings of vegetables and
fruits per day. Soups can help to achieve this
amount easily. The growing demand for convenience
foods, increasing health awareness, introduction
of new flavors in the market, and attractive
advertisements by the soup manufactures are the
key drivers of soups market. Moreover,
urbanization, growing disposable incomes,
increase in working women population, and hectic
lifestyle are further fueling the growth of soups
market.  The rising awareness about health risks
associated with the consumption of preservatives
in ready-to-cook soups is a major restraint for
soups market. However, many manufacturers are
introducing products with low preservative
content. Soups Market Taxonomy Based on product
type, the soups market is segmented
into Canned Chilled Dried Frozen UHT
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REPORT DESCRIPTION
Dried soup is projected to be the largest segment
in the soups market, owing to the high demand for
quick meals. Demand for canned soups is
decreasing, owing to the increasing health
awareness of consumers about the presence of
preservatives in these soups and dislike for
heavy metal packaging. Furthermore, consumers
prefer soups, which are easier to open as
compared to canned soups and come in
biodegradable packaging. Hypermarkets and
supermarkets are the biggest and favorable
distribution channels in the soups market. Soups
Market Outlook Europe holds a major share in the
global soups market. This is, as a result of the
growing demand for high-quality meals that can be
prepared in short time. The U.K., France, Russia,
Spain, and Germany are the major contributors to
the growth of soups market in this region. Asia
Pacific is projected to be the fastest growing
market over the forecast period, owing to the
availability of a wide variety of products in the
market and changing consumer preference toward
healthier products. Furthermore, abundance of raw
materials, especially in India and China, is
further fueling the growth of soups
market.  Request Sample Copy of This Report
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REPORT DESCRIPTION
North America soups market is expected to witness
significant growth over the forecast period. The
U.S. Food and Drug Administration has imposed
stringent regulations on safety of food products
such as soups, which plays a pivotal role in
market growth. In Latin America, Middle East,
and Africa, increasing per capita income, health
awareness, industrialization, literacy, and
changing consumer preferences are projected to be
the market drivers The companies are adopting
various inorganic and organic growth strategies
such as new product launch, mergers, and
acquisitions to retain their market position. For
instance, Campbell Soup acquired Pacific foods in
June 2017 for US 700 million. An example of new
product launch is the Well Yes! Line of soups by
Campbell, which contains ingredients such as
kale, farro, sweet potatoes, and quinoa in
January 2017. Key market players in the soups
market are Associated British Foods, Baxters
Food Group, BG Foods, Inc., Campbell Soup Co.,
Greencore Group Plc., General Mills, Inc., Nestlé
S.A., Nissin Foods Holdings Co. Ltd, The Kraft
Heinz Company, and Unilever Plc. To Get Discount
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