Press release
Asia Pacific Soups Market is expected to reach USD 2766.6 million by 2020
Transparency Market Research has published a new market report titled “Soups Market Asia Pacific Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020.” According to the report, the asia pacific soups market is valued at USD 2025.5 million in 2014 and is anticipated to reach USD 2766.6 million in 2020, growing at a CAGR of 5.3% from 2014 to 2020. China is one of the attractive markets for soups in 2014 and is expected to become one of the most lucrative markets for soups by 2020 due the l increased level of disposable income and the rise in soups consumption in terms of volume consumed stimulates the demand for soups in this country.View exclusive Global strategic Business report : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3418
Rapid changes in the lifestyle of people in major markets such as China, Japan and India are projected to boost the soups market in Asia Pacific. Furthermore, growth in per capita income and product innovation would significantly influence the consumption of soups in the region over the next six years.
Emerging countries such as India, Australia, New Zealand and Indonesia are among the fastest growing markets for soups products. The soups market in these countries is anticipated to experience significant growth during the forecast period. The soups market in these countries is estimated to witness a significant growth due to busy lifestyle of the people of these countries and improvement of the distribution channels.
Geographically (by country), China and Japan are likely to experience strong growth in the next six years while Thailand and Singapore are expected to witness sluggish growth than other countries in Asia Pacific in terms of consumption of soups.
Some of the major players like Unilever, Maggi and Campbell’s are expected to see increased sales due to cost effectiveness vis-à-vis branded products. Major distribution channels in Asia Pacific are cash and carries, general merchandise and retailers.
The Soups market has been segmented as follows:
Asia Pacific Soups Market by Country
Countries covered under this research study are:
Australia
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
China
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
Hong Kong
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
India
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
Indonesia
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
Japan
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
Malaysia
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
New Zealand
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
Philippines
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
Singapore
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
Thailand
Soups Market: By Type
Brand Share, 2012 & 2014
Distribution Channel
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
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