Soup Market in Europe is Gearing up to Reach US$ 5008.1 million by end of 2020

Transparency Market
Research
Soups Market - Europe Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020
Published Date
02-01-2015
85 Page Report
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Press Release
Europe Soups Market to Reach US$5 bn in 2020, Dried Soup
Segment to Lead Market
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Europe soups market
REPORT DESCRIPTION
The Europe soup market has emerged significantly in the last couple of years and is expected to expand
further by the end of 2020. The hectic daily schedule of people living in Europe and their shifting
preference towards healthier food are expected to boost the demand for soup in major European countries
such as France, UK, Russia and Germany among others. Additionally, the availability of a wide range of
products, growing popularity of health and wellness trends and active promotion by soup manufacturers
have emerged as key driving forces of soup markets in European nations.
Europe Soup Market - Trend and Market Segmentation
The Europe soup market is studied largely on the basis of types of soups and their corresponding demand
generated in individual countries.
With the evolution of technology, consumers today are treated with better and wider options of soup types.
According to types of soups, the Europe soup market can be classified into variants of chilled soups, frozen
soups, canned soups, UHT soups and dried soups. This segmentation promotes better understanding in
terms of volume and value of soup consumption across different European nations.
The market for canned soup among others is experiencing bit of a setback in its European pockets. Trends
depict a declining interest among customers towards metal canned soups since they are difficult to open.
Moreover, given their heavy packaging formats, these canned soup containers are also responsible for
carbon footprints. Soup manufacturers in Europe can capitalize on the huge scope in market to increase
the demand for their products by replacing the traditional metal canned containers with newer and more
improved stand up pouches.
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Among the different types of soups available in the market, the consumption of dried soups has emerged
as a favorite among consumers. The market for dried soups has registered a steady increase in demand
and significant growth is predicted in the period between 2014 and 2020. People living in European nations
lead fast paced lives and quick meals have come across as the most convenient dietary option for them.
This lifestyle has given a boost to the demand for dried soups in European markets. However, canned
soups could fetch only little from this lucrative trend, since most people believe that the metal format
soups contain preservatives which are harmful for health and should be avoided.
Growth Prospect across European Nations
Nation wise the market for soup in Europe can be segmented into UK, Italy, France, Germany, Spain and
Russia. In countries like France, Russia and UK the demand for soup is expected to grow significantly in the
years to come. This can be attributed to the rising health consciousness that has further increased the
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Europe soups market
demand for western and healthier food. The soup market in Germany is also expected to grow in the
forecast period.
The market for soups in Russia and UK is expected to register growth at a higher CAGR compared to other
European nations in the forecast period. The increasing demand for healthy and affordable food, changing
demographics and other similar factors is anticipated to boost the soup market in Italy as well.
Among the different European nations the market behavior in Spain is distinctly different from the rest of
Europe. Due to a high rate of unemployment, soup consumers across the country sees price as a key
variable while making their purchase decisions. This has resulted in mottled shopping habits among soup
consumers in Spain. Hence, the growth prospect of soup market in the country seems meager. Similarly
consumers in France consume soup only during winters. Manufacturers therefore, are investing on product
innovation so that they can boost soup consumption in France throughout the year.
Soup in European region is distributed through chains of supermarkets, hypermarkets and convenience
stores, cash and carries and food and drinks specialists.
Key Players - Dominant brands in Europe Soup Markets
Knorr, Maggi, Heinz, Liebig and Progresso among others enjoy having the maximum market share in the
European region. For instance, the soup market in France is dominated by Knorr and Maggi. In 2014, the
Europe soup market was valued at US$ 3919.1 million and it is predicted to reach US$ 5008.1 million by
the end of 2020 registering growth at a CAGR rate of 4.2% in the forecast period.
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.1.1 Market segmentation
1.2 Research Methodology
Chapter 2 Executive Summary
2.1 Europe Soups Market Snapshot, 2014 – 2020 (USD million)
2.2 Europe Soups market, 2014 – 2020 (USD million)
2.3 Europe Soups market, 2014 – 2020 (Kg million)
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Europe soups market
Chapter 3 Europe Soups Market, by country- 2014-2020
3.1 The U.K.
3.1.1 Soups Market: By Type
3.1.2 U.K soups brand share
3.1.3 Soups distribution channel, U.K
3.2 France
3.2.1 Soups Market: By Type
3.2.2 France soups brand share
3.2.3 Soups distribution channel, France
3.3 Germany
3.3.1 Soups Market: By Type
3.3.2 Germany soups brand share
3.3.3 Distribution channel ,Germany
3.4 Italy
3.4.1 Soups Market: By Type
3.4.2 Soups Distribution channel, Italy
3.5 Russia
3.5.1 Soups Market: By Type
3.5.2 Russia soups brand share
3.5.3 Soups distribution channel, Russia
3.6 Spain
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Europe soups market
3.6.1 Soups Market: By Type
3.6.2 Spain soups brand share
3.6.3 Soups distribution channel, Spain
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The Europe soup market has emerged significantly in the last couple of years and is expected to expand further by the end of 2020. The hectic daily schedule of people living in Europe and their shifting preference towards healthier food are expected to boost the demand for soup in major European countries such as France, UK, Russia and Germany among others. Additionally, the availability of a wide range of products, growing popularity of health and wellness trends and active promotion by soup manufacturers have emerged as key driving forces of soup markets in European nations. Browse the full Europe Soups Market report at :http://www.transparencymarketresearch.com/europe-soups-market.html