Europe Soup Market | Growth | Trends

ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
TABLE OF CONTENTS

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

3.1 %

Fastest Growing Segment:

Online Retail Stores

Largest Segment:

Canned/ Preserved

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

Europe soup market is forecasted to grow at a CAGR of 3.10% over the forecast period 2020-2025.

Increasing product varieties, increased demand for wellness products, and active promotions by the market players are some of the key drivers contributing to the growth of the soup market, during the forecast period.
The high market dominance of the key players is due to their high expenditure on promotional and other marketing activities. Companies also gain a competitive advantage with an increased focus on brand recognition strategies and improving product taste and quality.
Instant soup is one of the fastest-growing segments of the Europe soup market in the forecasted period, due to busier lifestyles and the ease of preparation that instant soups entail.

Scope of the Report

Europe soup market is segmented by category as vegetarian and non-vegetarian soups, by product type as canned/preserved, chilled, dehydrated, frozen, instant, and UHT. By packaging, the market is segmented into canned, pouched and other packaging. By distribution channel, the market is segmented as supermarkets/hypermarkets, convenience stores, online, and other distribution channels. The other distribution channels segment comprises of grocery stores, independent stores, direct selling, mixed retailers, vending and non-grocery specialists. Also, the study provides an analysis of the soup market in the emerging and established markets across the European countries, including Germany, United Kingdom, France, Spain, Russia, Italy, and Rest-of the European countries.

By Category
		Vegetarian Soup
		Non-Vegetarian Soup

By Type
		Canned/Preserved soup
		Chilled soup
		Dehydrated soup
		Fgrozen soup
		Instant soup
		UHT soup

By Packaging
		Canned
		Pouched
		Other Packagings

By Distribution Fchannel
		Supermarket/Hypermarket
		Convenience Stores
		Online Retail Stores
		Other Distribution Channels

By Country
		Germany
		United Kingdom
		France
		Spain
		Russia
		Italy
		Rest of Europe

Report scope can be customized per your requirements. Click here.

Key Market Trends

Instant Soups Hold a Prominent Market Share

The market for instant soup in Europe has great potential to grow, because of an increase in product offerings and the onset of convenient packaging options such as canned soup, natural and tasty soup, quick soup, pouched soup, and others. Moreover, there an increasing consumer preference for instant soup as a snack item has been witnessed in recent years. There is also an increase in consumer preference for instant noodles soup, such as cup noodles soup. Europe is characterized by a high female working population compared to most other regions of the world, owing to which, the demand for convenience foods is increasing. Furthermore, companies offering high nutritious ingredients in soups along with frequent product launches by various companies operating in the segment to increase their product offerings are driving the instant soup segment.

To understand key trends, Download Sample Report

Increasing Demand For Soup in the Frozen Format

Frozen food increases the convenience of the working population as it can be stored for a longer period of time and can be consumed instantly. Long shelf life is one of the demanded attributes of soup, as soups otherwise have a shorter shelf life. As per the report published by the British Frozen Food Federation, the retail value of frozen ready meals in Great Britain increased from being GBP 645,923 thousand in 2016 to GBP 674,999 thousand in 2017.

To understand geography trends, Download Sample Report.

Competitive Landscape

Europe soup market is consolidated, with the strong presence of global and regional players, who account for more than 50% share of the market. Unilever and The Kraft Heinz Company are some of the prominent players operating in the market studied, and account for a significant market share. CSC Brands LP is one of the most active companies in terms of product launches. The major strategies adopted by the companies in the Europe soup market are new product launches, agreements/partnerships, expansions, and mergers and acquisitions.

Major Players

You can also purchase parts of this report. Do you want to check out a section wise price list?

1. INTRODUCTION
1. 1.1 Study Deliverables
2. 1.2 Study Assumptions
3. 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Market Drivers
2. 4.2 Market Restraints
3. 4.3 Porter's Five Forces Analysis
  1. 4.3.1 Threat of New Entrants
  2. 4.3.2 Bargaining Power of Buyers/Consumers
  3. 4.3.3 Bargaining Power of Suppliers
  4. 4.3.4 Threat of Substitute Products
  5. 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
1. 5.1 By Category
  1. 5.1.1 Vegetarian Soup
  2. 5.1.2 Non-Vegetarian Soup
2. 5.2 By Type
  1. 5.2.1 Canned/Preserved soup
  2. 5.2.2 Chilled soup
  3. 5.2.3 Dehydrated soup
  4. 5.2.4 Fgrozen soup
  5. 5.2.5 Instant soup
  6. 5.2.6 UHT soup
3. 5.3 By Packaging
  1. 5.3.1 Canned
  2. 5.3.2 Pouched
  3. 5.3.3 Other Packagings
4. 5.4 By Distribution Fchannel
  1. 5.4.1 Supermarket/Hypermarket
  2. 5.4.2 Convenience Stores
  3. 5.4.3 Online Retail Stores
  4. 5.4.4 Other Distribution Channels
5. 5.5 By Country
  1. 5.5.1 Germany
  2. 5.5.2 United Kingdom
  3. 5.5.3 France
  4. 5.5.4 Spain
  5. 5.5.5 Russia
  6. 5.5.6 Italy
  7. 5.5.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
1. 6.1 Most Active Companies
2. 6.2 Most Adopted Strategies
3. 6.3 Market Share Analysis
4. 6.4 Company Profiles
  1. 6.4.1 Unilever
  2. 6.4.2 Baxters Food Group Limited
  3. 6.4.3 CSC Brands LP
  4. 6.4.4 The Kraft Heinz Company
  5. 6.4.5 The New Covent Garden Soup Company Limited
  6. 6.4.6 Premier Foods
  7. 6.4.7 Yorkshire Provender Ltd
  8. 6.4.8 Tazaki Foods

*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

** Subject to Availability