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Pulished Date May, 2021
ID: 11619
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Europe Packaged Soup Market segmented by Product Type (Dried and Wet), by End User (Household Sector and Commercial Sector), by Packaging (Bottles, Canned and Packets), by Distribution Channel (Supermarket/Hypermarket, Online Store, Convenience Store, Food Service, and Others) and by Region: Global Forecast Period 2021-2026

Pulished: May, 2021
ID: 11619
Pages: 145

Europe Packaged Soup Market Growth and Forecast (2021-2026):

The Europe Packaged Soup Market is worth $ xx million in 2021 and is expected to grow to $ xx million by the end of 2026 with a compound annual rate of xx% between 2021 and 2026.

Product Description:

Packaged soup is the kind of prepared foods which is an instant soup specially designed for easy and quick preparation. It comes in flexible packaging that keeps it fresh and safe from filling to final dispensing with aseptic packaging technology. Packaged soups are manufactured on a large scale basis, there are many flavors, types, and styles of packaged soups that are sold on the market through a variety of distribution channels. They are frozen, dried, dried, canned and contain no water, with the addition of preservatives, dried legumes, and spices. It is prepared by boiling in water, has a large amount of cornmeal for a thick consistency, and is often taken as a first course.

Market Growth:

Increasing consumer demand for convenience foods, product innovation and quick service restaurants are leading the Europe Packaged Soup market.

Recent Developments:

  • In April 2019, Kettle Cuisine acquired Harry’s Fresh Foods, a custom food manufacturer. The acquisition expanded Kettle Cuisine's manufacturing space and further enhanced its capabilities.

Drivers:

The market is growing with growing consumer demand for prepared foods, including packaged soups around the region. Additionally, the growth of the Europe Packaged Soup market is accelerating even further as the number of quick-service restaurants increases. The consumer paradigm shift from traditional homemade soup to ready-to-eat canned soup is one of the key factors driving the market for Europe Packaged Soup across different demographics. Manufacturers of canned soups are actively bringing new products to market to meet nutritional requirements and different taste preferences. The combination of advances in food and packaging technology to improve shelf life and innovation and the introduction of new regional flavored organic canned soups is expected to increase sales in the Europe Packaged Soup market. The growing trend for ready-to-eat soups is driving the Europe Packaged Soup market growth as consumers adopt healthier eating habits. High demand for ready-to-eat foods, rapid changes in consumer food preferences, and growing health concerns are driving the growth of the Europe Packaged Soup market. Canned soup is a convenient ready-to-eat food that is available in the Europe Packaged Soup market. Processing canned soup is easy and takes less time to prepare. Additionally, the growing demand for Packaged Soup products is increasing as the preference for processed foods increases due to the growing workforce and health benefits. Additionally, as the region's rural population moves to cities, demand for a variety of consumer goods is expected to increase, which is expected to drive the growth in the Europe Packaged Soup market over the forecast period. The shelf life of canned soup is the time it takes to break down into an unpleasant taste. Shelf-life ingredients added to Packaged Soup products slow down the breakdown process of food and make food last longer. Long-shelf-life ingredients also help ease congestion in food logistics, keep Packaged Soup in frozen areas, and increase consumer confidence in food stability. Consumers know their diet best. Health benefits such as improved immunity, reduced calorie intake, and high protein intake are other factors expected demand for the product. Also, Packaged Soup with a long shelf life are rich in nutrients, minerals, vitamins, and protein. Also, packaged soups are primarily preferred over soups served in restaurants and restaurants due to the durability of the package and its easy accessibility. Therefore, consumer propensity for nutrient-based Packaged Soup drives market growth. Nonetheless, the increasing number of consumers seeking vegan products and the rapid growth of online retail platforms are expected to provide tremendous opportunities for the growth of the European packaged soup market.

Restraints:

However, growing consumer awareness of the harmful effects of artificial preservatives added to packaged soups is expected to hamper the Europe Packaged Soup market growth. Packaged Soup do not provide half the health benefits of natural soups. Nutrients are not expected to be stored for as long and not processed, which will hinder the growth of the Europe Packaged Soup market.

Market Segmentation Analysis:

By type of product, the Europe Packaged Soup market is segmented into dry and wet. The wet segment is expected to show significant growth in terms of sales value during the forecast period.

By end user, the Europe Packaged Soup market is segmented into the furniture segment and the commercial segment. In the market for packaged soups in 2021, the domestic sector accounted for the largest market share. This is especially due to the growing demand for convenience foods, including packaged soup, in the domestic sector due to the busy life of the working class. This is due to the paradigm shift from consumers from traditional handmade soups to bottled water professionals in different demographic groups.

By packaging, the Europe Packaged Soup market is segmented into Bottles, Canned and Packets. The canned segment is expected to show significant growth over the forecast period. This is because canned packages increase the shelf life of the soup and do not react with internal foods that do not affect the original taste. In addition, the cans provide great flexibility due to their strong and rigid nature, so they retain their original shape even under heavy impacts, avoiding overflows and facilitating transport. This, in turn, is expected to provide tremendous opportunities for canned soups on the market in terms of sales value over the forecast period.

By distribution channel, the Europe Packaged Soup market is segmented into supermarket / hypermarket, online store, convenience store, food service and others. The supermarkets / hypermarkets segment held the largest market share in the world market for canned soup. Hypermarkets / supermarkets are gaining popularity due to the availability of various consumer goods, large parking spaces, and convenient hours of operation under one roof.

Impact of COVID 19 on the Europe Packaged Soup Market:

The COVID-19 pandemic has had a positive impact on the Europe Packaged Soup market. This is due to consumers around the world who continue to buy food, including packaged foods like packaged soup. This is due to the growing number of COVID-19 cases and the consumer belief that packaged soups have a longer shelf life, are healthier, can be stored longer, and often cannot come out. This, in turn, increases global demand for packaged soup, which has a positive impact on the growth of the Europe Packaged Soup market.

Regional Analysis:

Europe Packaged Soup had the largest market share in 2021, this is due to an increasing number of busy lifestyles seeking the convenience of ready-to-eat foods that consumers in the region can consume or require less preparation time. Increasing cases of obesity and health awareness campaigns in the UK region have generated a demand for packaged soups containing fresh, natural ingredients with minimal preservative content. With the increased consumption of packaged soups, the market for Packaged Soup has paved the way for manufacturers to expand their product range with health claims as well as more flavors and flavors in the German region. Because the Spanish soup market is well established the region's self-sufficient production capacity has made it a potential Packaged Soup market for foreign soup manufacturers to expand their business with a variety of packaging technologies, including canning. Increased consumption of health and wellness products, increased product varieties and active promotion of market participants are contributing to the growth of the packaged soups market on the French market during the forecast period.

Top Leading Company:

The key players in the Europe Packaged Soup includes ConAgra Inc., Nestlé, The Hain Celestial Group, General Mills., KETTLE CUISINE, LLC, Campbell Soup Company, B&G Foods, Inc., Unilever., Ajinomoto Co., Inc., and The Kraft Heinz Company.

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design         

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees         

4. Market Dynamics                            

          4.1 Impact Analysis         

                   4.1.1 Drivers         

                   4.1.2 Restaints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Packaged Soup Market, By Product Type            

                   6.1.1 Dried  

                   6.1.2 Wet    

                   6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                   6.1.4 Y-o-Y Growth Rate Analysis       

                   6.1.5 Market Attractiveness Index       

          6.2 Packaged Soup Market, By End User         

                   6.2.1 Household Sector   

                   6.2.2 Commercial Sector 

                   6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                   6.2.4 Y-o-Y Growth Rate Analysis       

                   6.2.5 Market Attractiveness Index       

          6.3 Packaged Soup Market, By Packaging                 

                   6.3.1 Bottles

                   6.3.2 Canned        

                   6.3.3 Packets        

                   6.3.4 Market Size Estimations & Forecasts (2021-2026)   

                   6.3.5 Y-o-Y Growth Rate Analysis       

                   6.3.6 Market Attractiveness Index       

          6.4 Packaged Soup Market, By Distribution Channel           

                   6.4.1 Supermarket/Hypermarket

                   6.4.2 Online Store 

                   6.4.3 Convenience Store  

                   6.4.4 Food Service 

                   6.4.5 Others

                   6.4.6 Market Size Estimations & Forecasts (2021-2026)   

                   6.4.7 Y-o-Y Growth Rate Analysis       

                   6.4.8 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 Europe - Market Analysis (2021 - 2026)           

                   7.2.1 By Country   

                             7.2.1.1 UK

                             7.2.1.2 France

                             7.2.1.3 Germany

                             7.2.1.4 Spain

                             7.2.1.5 Italy

                             7.2.1.6 Rest of Europe

                   7.2.2 By Product Type     

                   7.2.3 By End User  

                   7.2.4 By Packaging

                   7.2.5 By Distribution Channel    

8. Key Player Analysis                         

          8.1 ConAgra Inc              

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Nestlé             

          8.3 The Hain Celestial Group               

          8.4 General Mills             

          8.5 KETTLE CUISINE, LLC           

          8.6 Campbell Soup Company               

          8.7 B&G Foods, Inc          

          8.8 Unilever          

          8.9 Ajinomoto Co., Inc.             

          8.10 The Kraft Heinz Company           

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Product Type, End User, Packaging, Distribution Channel and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

 

  1. Europe Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  2. Europe Dried Market By Region, From 2021-2026 ( USD Billion )
  3. Europe Wet Market By Region, From 2021-2026 ( USD Billion )
  4. Europe Packaged Soup Market By End User, From 2021-2026 ( USD Billion )
  5. Europe Household Sector Market By Region, From 2021-2026 ( USD Billion )
  6. Europe Commercial Sector Market By Region, From 2021-2026 ( USD Billion )
  7. Europe Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  8. Europe Bottles Market By Region, From 2021-2026 ( USD Billion )
  9. Europe Canned Market By Region, From 2021-2026 ( USD Billion )
  10. Europe Packets Market By Region, From 2021-2026 ( USD Billion )
  11. Europe Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )
  12. Europe Supermarket/Hypermarket Market By Region, From 2021-2026 ( USD Billion )
  13. Europe Online Store Market By Region, From 2021-2026 ( USD Billion )
  14. Europe Convenience Store Market By Region, From 2021-2026 ( USD Billion )
  15. Europe Food Service Market By Region, From 2021-2026 ( USD Billion )
  16. Europe Others Market By Region, From 2021-2026 ( USD Billion )
  17. U.K. Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  18. U.K. Packaged Soup Market By End User, From 2021-2026 ( USD Billion )
  19. U.K. Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  20. U.K. Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )
  21. Germany Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  22. Germany Packaged Soup Market By End User, From 2021-2026 ( USD Billion )
  23. Germany Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  24. Germany Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )
  25. France Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  26. France Packaged Soup Market By End User, From 2021-2026 ( USD Billion )
  27. France Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  28. France Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )
  29. Italy Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  30. Italy Packaged Soup Market By End User, From 2021-2026 ( USD Billion )
  31. Italy Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  32. Italy Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )
  33. Spain Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  34. Spain Packaged Soup Market By End User, From 2021-2026 ( USD Billion )
  35. Spain Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  36. Spain Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )

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