ReportsnReports.com adds Global Dried Soup Market 2016-2020 latest research report, the analysts forecast the global dried soup market to grow at a CAGR of 2.15% during the period 2016-2020.
One of the main trends emerging in the dried soup market is the launch of new products to cater to the changing needs of consumers. Vendors are introducing new products and extending their flavor portfolios to remain competitive in the market and meet consumer demand.
Strategic partnerships between companies have contributed to the growth of the global dried soup market. Companies are also acquiring other companies to strengthen their position and launch new and innovative products.
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Segmentation by distribution channels and analysis of the dried soup market - Hypermarkets and supermarkets, Convenience stores and Cash and carry stores
Hypermarkets and supermarkets were the biggest distribution segment during 2015, accounting for a market share of 44%. This trend is expected to continue with an expansion of the organized retail sector for groceries, especially in developing countries.
Geographical segmentation and analysis of the dried soup market – Americas, APAC, Europe and MEA
Europe is the market leader for sales of dried soups and is expected to generate revenues of over 3 billion by the end of the forecast period. Convenience is the primary growth driver as consumers look for ways to eat at home while making items that require minimal preparation. Additionally, major and private label vendors use targeted advertising campaigns to promote their products and healthy lifestyles. Order a copy of Global Dried Soup Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=524639.
The global dried soup market is a dynamic one with many local and international vendors. Competition is very intense, and vendors are working hard to get a larger market share with new products, higher spending on advertising campaigns and innovative packaging. Private brands are gaining ground and are expected to threaten the leadership positions of leading vendors during the forecast period.
Key players in the global dried soup market: Campbell Soup, Kraft Heinz, Nestlé, and Unilever.
Other prominent vendors in the market are: Acecook Vietnam, Associated British Foods, B&G Foods, Baxters Food Group, Conad, Frontier Soups, General Mills, Hain Celestial, House Foods Group, Kroger, Nissin Foods, NK Hurst Company, Nongshim, Ottogi Foods, Premier Foods, Savon-K, Subo Foods, Symington's, and Toyo Suisan.
Further, the dried soup market report states that dried soup products contain preservatives such as monosodium glutamate, potassium sorbate, sodium phosphate, and lactic acid. Most of these preservatives are known to cause harmful side effects.
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