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Pulished Date September, 2021
ID: 12111
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North America packaged Soup Market Segmentation by Product Type (Wet and Dried); by End User (Commercial Sector and Household Sector); by Packaging(Canned, Bottles, and Packets), By Distribution Channel (Online Store, Supermarket/Hypermarket, Food Service, Convenience Store, and Others) - Demand Analysis & Opportunity Outlook 2026

Pulished: September, 2021
ID: 12111
Pages: 145

North America Packaged Food Market Growth and Forecast (2021-2026):

The North America Packaged Soup Market was worth US$ XX million in 2021, and it is estimated to reach a valuation of US$ XX million by the end of 2026, expanding at an annual growth rate of 9.6% between 2021 and 2026.

Market Overview:

Packaged soup is the instant soup that is being arranged to be done within 2 to 3 minutes, which is otherwise known for easy preparation. The packaged soup comes under the prepared food category. It is designed in various flavors, types, and styles available in several supermarkets, online stores, and convenience stores. These are manufactured on a large scale by multiple firms in the form of bottles, cans, packets, bags, etc., which are easy to carry by the customers. Compared to other food, packaged soup is one of the easiest recipes that can be done quickly. The different varieties of packaged soup include regular soup, creamy vegan soup, organic soup, chowder, etc. Different flavors include tomato soup, smoked corn flavor, mixed vegetable flavor, and much more available in the market. The packaged soups were made more open to the consumers by expanding supermarkets, online stores, and convenience stores. They can be used for several days by storing them frozen, dried, and dehydrated.

Recent Developments in North America Packaged Food Industry:

  • Nestle, Swiss beverages and packaged Food Company, announced that it had adopted a collaborative strategy and started working on a company-wide project to retain its nutrition values.
  • General Mills Inc., CEO Jeffrey Harmening announced that during the COVID-19 pandemic, it has shut down its various types of soups. Instead, it rethinks introducing the products with different flavors into the market.

Market Drivers:

The primary factor driving the North America Packaged Soup Market is the increasing number of distribution channels, including supermarkets, online stores, and convenience stores. In addition, due to lack of time, the customers tend to purchase ready-made packaged soups, which can be made quickly, which drives the international industries to invest more in packaged soup.

Additionally, customers were adopted to the healthier lifestyles, which made most market players adopt the collaborative strategy to design the packaged soup in different styles and flavors since these are being used by most people, which also drives the growth of the North America Packaged Soup Market. About half of the urban population adopted ready-to-eat foods, which drive the packaged soup market in North America in recent years.

Restraints:

The major restraint of the North America Packaged Soup Market is that the packaged soups do not provide the health benefits of natural soups. Also, most importantly, these packaged soups are not accountable to store in the freezer for a long time since the nutrients contained in the soup may be unreachable. Furthermore, increasing awareness of the harmful effects of preservatives is also one of the restraints that hamper the growth of the North America Packaged Soup Market during the forecast period.

North America Packaged Food Market Segmentation Analysis:

 By Product Type:

  • Wet
  • Dried

Depending on the product type, the North America Packaged Soup Market is segmented into wet and dried. Among these two segments, a dried segment of the North American packaged soup contributes the largest market share since the dry soup was not allowed to freeze and can be done quickly. The wet segment is estimated to grow significantly during the forecast period.

By End-User:

  • Commercial Sector
  • Household Sector

Depending on the end-user, the North America Packaged Soup Market is divided into the commercial and household sectors. Among these segments, in 2019, the household segment holds the highest market share and continues since the customers have changed their lifestyle from traditional handmade soup to the packaged soup. Furthermore, due to a lack of time in their busy schedules, most consumers adopted the packaged soup that made the household segment hold the maximum sales growth.

 By Packaging:

  • Canned
  • Bottles
  • Packets

Depending on packaging, the North America Packaged Soup Market is segmented into canned bottles and packets. The packets segment tends to hold the largest market share in North America, which is cost-efficient, whereas these packaged soups were also stored in bags to retain their shelf life and can be in the original flavor.

By Distribution Channel:

  • Online Store
  • Supermarket/Hypermarket
  • Food Service
  • Convenience Store
  • Others

The North America Packaged Soup Market is segmented into an online store,    supermarket/hypermarket, food service, convenience store, and others depending on the distribution channel. The supermarket/hypermarket segment holds the largest market share among these segments because of its convenient operating timings, a wide range of parking lots, and several consumer goods' availability.

Regional Analysis:

The North America Packaged Soup Market Report includes the segmentation of countries:

  • The United States
  • Canada
  • Rest of North America

In North America, the U.S. holds the most prominent position in terms of market shares among various regions and is yet to continue during the forecast period. Because of the growing population, changing lifestyle of the consumers, and the consumer priority for the packaged soup that drives the market growth in North America. Furthermore, due to the customers' busy schedules, more than half of the North American population adopted ready-to-eat food, making the packaged soup market overgrow in North America. On the other hand, due to the inclination in the working population, Asia Pacific tends to hold significant market growth during the forecast period.

Impact of COVID-19 on North America Packaged Soup Market:

The North America Packaged Soup Market experiences a positive effect due to the corona crises due to the increasing demand for food products among consumers, mainly in the U.S. and Canada. As the corona cases keep increasing, consumers in North America believed that packaged soups are healthy and can be stored, reducing the chances of coming out. In addition, due to the imposition of lockdown in North America, people were confined to their homes, which led to the increasing distribution of packaged soups in online stores.

Key Players in the Market:

Major Key Players in the North America Packaged Soup Market are

  • ConAgra Inc
  • Nestle
  • The Hain Celestial Group
  • General Mills
  • Kettle Cuisine, LLC
  • Campbell Soup Company
  • B&G Foods, Inc
  • Unilever
  • Ajinomoto Co., Inc
  • 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 Wet    

                   6.1.2 Dried  

                   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 Commercial Sector 

                   6.2.2 Household 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 Canned        

                   6.3.2 Bottles

                   6.3.3 Market Size Estimations & Forecasts (2021-2026)   

                   6.3.4 Y-o-Y Growth Rate Analysis       

                   6.3.5 Market Attractiveness Index       

          6.4 Packaged Soup Market, By Distribution Channel           

          6.5 Online Store              

          6.6 Supermarket/Hypermarket            

          6.7 Food Service             

          6.8 Convenience Store      6.7.1 Market Size Estimations & Forecasts (2021-2026)   

                   6.8.1 Y-o-Y Growth Rate Analysis       

                   6.8.2 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 North America - Market Analysis (2021 - 2026)         

                   7.2.1 By Country   

                             7.2.1.1 USA

                             7.2.1.2 Canada

                   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, 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. North America Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  2. North America  Wet Market By Region, From 2021-2026 ( USD Billion )
  3. North America Dried  Market By Region, From 2021-2026 ( USD Billion )
  4. North America Packaged Soup Market By End-User, From 2021-2026 ( USD Billion )
  5. North America Commercial Sector! Market By Region, From 2021-2026 ( USD Billion )
  6. North America Household Sector Market By Region, From 2021-2026 ( USD Billion )
  7. North America Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  8. North America Canned Market By Region, From 2021-2026 ( USD Billion )
  9. North America Bottles! Market By Region, From 2021-2026 ( USD Billion )
  10. North America Packets Market By Region, From 2021-2026 ( USD Billion )
  11. North America Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )
  12. North America Online Store Market By Region, From 2021-2026 ( USD Billion )
  13. North America Supermarket/Hypermarket Market By Region, From 2021-2026 ( USD Billion )
  14. North America Food Service  Market By Region, From 2021-2026 ( USD Billion )
  15. North America Convenience Store Market By Region, From 2021-2026 ( USD Billion )
  16. United States Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  17. United States Packaged Soup Market By End-User, From 2021-2026 ( USD Billion )
  18. United States Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  19. United States Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )
  20. Canada Packaged Soup Market By Product Type, From 2021-2026 ( USD Billion )
  21. Canada Packaged Soup Market By End-User, From 2021-2026 ( USD Billion )
  22. Canada Packaged Soup Market By Packaging, From 2021-2026 ( USD Billion )
  23. Canada Packaged Soup Market By Distribution Channel, From 2021-2026 ( USD Billion )

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