01-02-2018 02:22 PM CET - Advertising, Media Consulting, Marketing Research

Soups Market By segmentation 2016 to 2021| Market Data Forecast

Press release from: Market Data Forecast

Soup is a liquid food item which is served warm or cold, which is made by combining vegetables and meat with juice, stock, water or another liquid. Hot soups are also characterized by solid ingredients which are boiling in liquids inside a pot till the flavors in them are extracted. Soups Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2021.

The Global Soups market is driven by factors like rising disposable incomes, rising awareness about healthy foods, growing demand for western foods, affordable prices and changing lifestyles and demographics among others.

Among dessert soups, there are varieties of dishes which are available in various cuisines around the world like China, Vietnam and Ginatana in Philippines. Fruit soups are made with fruits as the primary ingredient, which may be served hot or cold depending on the recipe. Cold soups are a variation of traditional soups, which are served below room temperature. East Asian soups differ from western soups in the use of tofu during preparation. Some of the famous traditional varieties include Asopao, Ajiaco, Avgolemono and Bisque among others.

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The Global Soups market is divided on the basis of type into ready to serve soups, condensed wet soups, refrigerated soups, dehydrated soups, frozen soups and ramen. In the above segment, ready to serve soups is expected to have the largest market share and is expected to have the fastest growing rate.

The Global Soups market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. North America has the leading market for Soups in the world, which if followed by Europe and Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period owing to rising consumption in countries such as India, China and Japan.

Some of the major players in the market include Associated British Foods, Acecook Vietnam, B&G Foods, Baxters Food Group, Campbell Soup, ConAgra Foods, Frontier Soups, H.J. Heinz Co, General Mills and Nestle


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Abhishek Shukla

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Market Data Forecast

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