According to the latest report by IMARC Group, titled “Dried Soup Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global dried soup market reached a value of US$ 11.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 14.4 Billion by 2027, exhibiting at a CAGR of 3.5% during 2022-2027.
Dried soup, or instant soup, is prepared by drying or dehydrating various ingredients, such as grains, vegetables and meat. It also contains preservatives, flavoring agents, pregelatinized starch, sugar, guar gum and xanthan gum. It is generally manufactured using freeze-drying or slow air-drying techniques that remove the water content while preserving the nutritional value. Over the years, dried soup has gained popularity as a quick meal or snack option.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Dried Soup Market Trends:
The global dried soup market is primarily driven by the escalating demand for convenience and ready-to-eat (RTE) foods. This can be accredited to the growing working population and their hectic lifestyles. Additionally, the changing consumer dietary habits and rising awareness regarding the health benefits of dried soup have augmented the product demand. Furthermore, manufacturers are introducing value-added organic product variants containing fewer preservatives and innovative packaging with the required nutritional information, thereby catalyzing product sales. Other factors, including the expanding organized distribution channels, increasing health consciousness, elevating incomes and aggressive promotional activities, are also anticipated to propel the market growth.
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Key Market Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Associated British Foods plc
- B&G Foods, Inc.
- Baxters Food Group Limited
- Campbell Soup Company
- Shandong Subo Food Co., Ltd.
- Anderson House Foods (Frontier Soups)
- General Mills Inc.
- Hain Celestial Group, Inc.
- House Foods Group Inc.
- Kraft Heinz Company
- Kroger Co.
- Nestlé SA
- Nissin Foods Holdings Co., Ltd.
- NK Hurst Company, Inc.
- Unilever plc/NV
- Premier Foods plc
Breakup by Preparation:
Breakup by Product Type:
- Dehydrated Dried Soup
- Instant Dried Soup
Breakup by Type:
- Vegetarian Soup
- Non-Vegetarian Soup
Breakup by Packaging Type:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Grocery Stores
- Direct Sales
- Online Stores
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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