Dried Soup Market Estimated to Record Highest CAGR by 2025

Dried Soup Market: Drivers and Restraints

The rising demand for ready to eat and convenience food is expected to be a major driver for the growth of dried soup market. The increasing consumer awareness regarding consumption of healthy and nutritious food is expected to boost the growth of global dried soup market. Dried soup accounts for major share in soup industry in terms of consumption due to its advantages over other types of soups such as canned and condensed wet soups. The availability of dried soup with gluten free and organic ingredients is expected to drive the growth of dried soup market.

Dried Soup Market: Region Wise Outlook

The global dried soup market can be divided into seven regions, namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Japan and Middle East and Africa (MEA). Western Europe accounts for the major share in global dried soups market. This is attributed to the increasing demand for ready to eat and convenience food in the region. In Western Europe, the EU-5 countries account for major share in terms of consumption.

North America holds the significant share in global dried soup market, due to rising number of dried soup vendor and investments by retailers in this segment. APEJ dried soup market is expected to project high CAGR during the forecast period, due to increasing population and rising disposable income of the consumers. There is a rise in investments in food processing segment in developing countries such as India and China. In Eastern Europe, Russia accounts for major share in dried soups market.

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Dried Soup Market: Key Players

Some of the key players in the global dried soup market are as follows:

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.
Harvest Right LLC

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