Asia Pacific Soup market has undergone various developments and is projected to continue its growth and expansion through 2021. Increased disposable income, influence of western culture, rising health awareness and increasing urbanization are boosting the soup market in the region. The report focuses on the study of APAC Soup Market for the forecast period (2015-2020). It provides a detailed study of the market dynamics and competitive landscape.
The overall Asia Pacific Soup Market is estimated to grow at a CAGR of 5.0%through 2021. Dried soup captures maximum share in India whereas instant soup is the fastest growing segment. There is an increased demand for packaged food with natural and exotic flavors in Asian countries. Manufacturers are expanding their product portfolios to meet consumers taste and preferences
The soup market in Asia-Pacific has been segmented by type and by application. Broad categories of soup market in the region includes Dehydrate soup, Frozen Soup, Canned/Preserved Soup, Instant Soup, Chilled Soup, UHT Soup and others. The soup market in Asia Pacific region involves a wide distribution network such as grocery retailers, online retailers, vending machines, supermarkets/hypermarkets, direct selling and others. The report presents detailed analysis of the soup consumption pattern in various APAC countries such as India, China, Australia, Japan, Indonesia, Malaysia New Zealand and Philippines.
Prominent companies in the market are:
· HJ Heinz
· Nestle SA
· Campbell CO.
1. Asia Pacific Soup Market: Macroeconomic Snapshot
2. Asia Pacific Soup Market: Market Overview
2.1. Scope of the Study
3. Executive Summary
4. Asia Pacific Soup Market: Market Landscape
4.1. Market Share Analysis
188.8.131.52. Unilever’s brand Knorr leads the market
184.108.40.206. Over 85% of the market value share captured by top three players
220.127.116.11. Around one third of the value share is led by Unilever
18.104.22.168. Unilever and Heinz continues to be the largest players in terms of retail value share
22.214.171.124. Knorr continues to be a leader with over one fourth of the value share
126.96.36.199. Domestic players sustains their dominance with Supra Sumber Cipta retaining over 30% of value share
188.8.131.52. Campbell record over 70% value share for soup market due to a strong brand recognition among Malaysian consumers
4.1.7. New Zealand
4.1.8. Rest of APAC
4.2. Competitive Developments
4.2.1. Stronger dominance of domestic players in Japan, Indonesia, Malaysia and China
4.2.2. Unilever, Nestle and Campbell are the leading international players
4.3. Consumer Insights
5. Asia Pacific Soup Market: By Type
5.1. Dehydrated Soup
5.1.1. The only preferred packaged soup in India
5.2. Frozen Soup
5.3. Instant Soup
5.4. Chilled Soup
5.5. Canned/Preserved Soup
5.6. UHT Soup
5.6.1. Highest demanded soup category in Australia
6. Asia Pacific Soup Market: By Distribution Channel
184.108.40.206. Rising living standards of people are resulting in the popularity of such distribution channels
220.127.116.11. Estimated to dominate the market in near future
6.1.3. Convenience Stores
6.2. Direct Selling
6.3. Online Retailers
7. Asia Pacific Soup Market: By Country
7.1.1. Key Trends:
18.104.22.168. High market penetration in the dehydrated soup category
7.2.1. Key Trends:
22.214.171.124. Consumer inclination towards domestic brands deters the entry of. international players
7.3.1. Key Trends:
126.96.36.199. Higher preference for UHT Soup category
188.8.131.52. Domestic players and private label players willing to advance in the market
7.4.1. Key Trends:
184.108.40.206. Soup is an essential part of the consumer’s diet
220.127.116.11. Increase in the elderly population is facilitating the progress of soup market
7.5.1. Key Trends:
18.104.22.168. Assortment of flavors: a key driving factor for stronger growth
7.6.1. Presence of synthetic preservatives acts as a restraint
7.7. New Zealand
7.8. Rest of APAC
8. Asia Pacific Soup Market: By Companies
8.1. HJ Heinz
8.2. Campbell Co.
8.3. Nestle SA
8.5. Valcorp Fine Foods Pty Ltd
8.6. Bambino Agro Industries Ltd.
8.7. General Mills Inc.
8.8. ConAgra Foods Inc.
8.9. Capital Foods Ltd.
8.10. Heinz Wattie’s Ltd
*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
9.3. Research Methodology