In a recent market study published by Fact.MR, the current and future prospects of the Ready-to-Eat Soup Market are thoroughly analyzed. Further, the report includes an in-depth analysis of the various factors that are likely to control the growth trajectory of the Ready-to-Eat Soup Market in the upcoming years. In addition, a qualitative and quantitative assessment of the various market segments is enclosed in the report and accurately represented in the form of tables, graphs, and figures.
The report indicates that the Ready-to-Eat Soup Market is expected to register a CAGR growth of ~XX% over the forecast period and reach a value of ~US$XX by the end of 2017 to 2022. The report elaborates on the micro and macro-economic factors that are projected to influence the growth of the Ready-to-Eat Soup Market in the upcoming years.
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Essential Findings of the Report
- Factors that are likely to impede the growth of the Ready-to-Eat Soup Market over the forecast period 2017 to 2022
- Competition analysis that provides intricate details related to the business prospects of leading market players
- Major trends influencing the dynamics of the Ready-to-Eat Soup Market
- Y-o-Y growth of each market segment
- Pricing strategies of various market players in the Ready-to-Eat Soup Market
Important questions pertaining to the Ready-to-Eat Soup Market catered to in the report:
- What is the projected revenue generated by some prominent market players in the Ready-to-Eat Soup Market?
- What are the prospects of the Ready-to-Eat Soup Market in region 1?
- What is the scope for innovation in the Ready-to-Eat Soup Market?
- How have government policies impacted the dynamics of the Ready-to-Eat Soup Market in various regions?
- Which region has the highest concentration of tier 1 companies?
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- With the demand for ready-to-eat food products on an increase, the players operating in the ready-to-eat soup market are entering into strategic mergers and acquisitions to pave the way for launching innovative products. Along the same lines, Campbell completed the acquisition of Pacific Foods in 2017 with an aim to scale up its distribution network and enhance the quality of its customer service. In addition, the company will be able to tap into growing spaces like functional and organic foods.
- In 2017, Kraft Heinz invested over US$ 117 Mn for new condiments plant in Neropolis, Brazil. The plant has the capacity to produce 15,000 tn condiments and increase the company’s production capacity by 50%.
- In 2016, Princes Food and Drink Group opened a new office in Paris, France meet the growing demand for its products.
Other significant players operating in the ready-to-eat soup market include Yorkshire Provender, Princes Ltd, Premier Foods PLC, Baxters Food Group Ltd, New Covent Garden Soup Co., Ltd., Amys Kitchen Inc., Campbell Soup Co., and The Kraft Heinz Co.
Note: Fact.MR research provides compelling insights into the competitive landscape of the global ready-to-eat soup market. A summary of the report is available on request.
Online Stores Growing as a Sales Channel
The emergence of online channels as a viable sales channel has provided new avenues of growth to ready-to-eat soup brands. In addition, there has been an increase in the online purchasing trends among consumers, which is expected to hold a significant share of the global ready-to-eat soup market. On the whole, online stores will remain the fastest growing sales channel in the global ready-to-eat soup market with an estimated CAGR of over 6% through 2022. The online sales channel will be most lucrative in North America, with nearly US$ 31 Mn worth of ready-to-eat soups predicted to be sold in 2019.
Ready-to-Eat Soup Market – Research Methodology
The comprehensive study on the global ready-to-eat soup market is the outcome of a precise and tried-and-tested research methodology leveraged to compile the report and analyze the significant restraints, drivers, and trends of the global ready-to-eat soup market. Both – the primary as well as the secondary research methodologies have been employed to extract valuable information on the global ready-to-eat soup market.
Interviews with industry experts of the ready-to-eat soup market were scheduled to form the foundation of the primary research of the ready-to-eat soup market, while trade journals, press releases, paid sources and similar other publications related to the ready-to-eat soup market. At last, both the research methodologies are combined to filter out any misleading information and compile the report with only precise of the information on the global ready-to-eat soup market.
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