Global Frozen Soup Market: Vegetarian Classics Products Expected to Recording a Value of over US$ 8 Mn by the End of 2022

According to a recently published report, the global frozen soup market is expected to represent a value of over US$ 120 Mn by the end of 2022.

Rockville, US, 2018-Apr-13 — /EPR Network/ — The global market discussion on frozen soup industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Frozen Soups Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on frozen soup market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Convenience to Boost Demand Frozen Soup

With increasing preference for convenience in routine tasks, demand for quick and convenient ways of preparing food products continues to increase. As frozen soups are trimmed, and packed for quick preparation, sales of these products will continue to rev up. In addition, consumption of these products is expected to remain concentrated among the customers who are travelling or are on-the-go. Frozen soup products further offers pre-prepared soup that could be preserved from the time of preparation till the time of consumption. Besides fresh vegetables, the frozen soups also contain out-of-season ingredients. Attributed to increasing demand for the out-of-season ingredients, consumption of the frozen soup is expected to rev up.

Significant Demand in Food and Beverage Industry

Frozen food will continue to witness surge in demand in the food and beverages industry as the vegetables used for preparing frozen soup are generally picked at the peak of their season. Moreover, the food manufacturers prefer freezing the vegetables in the most natural manner, which is expected to rev up demand for frozen soup. As the waste and spoilage is relatively less, sales of frozen soup will remain concentrated in the food and beverages industry.

Vegetarian Classic to Represent a Major Segment

Increasing preference for vegetarian soup has revved up demand for the vegetarian frozen soup products globally. The vegetarian classic soup is projected to sell more than the other frozen soup products. Currently, the vegetarian classic soup product type is projected to represent more than US$ 8 Mn by 2022-end. In addition to significant revenue growth, the vegetarian classic soup is projected to reflect a relatively high CAGR through 2022.

By sales channel, the wholesale/distributor/direct segment is projected to represent the highest growth in terms of revenue, recording more than US$ 8 Mn by 2017-end. Sales of the frozen soup is projected to witness a relatively fast growth through online stores in the global market through 2022.

Market Players

Major players in the global market of frozen soup are The Kraft Heinz Co., Campbell Soup Co., Tabatchnick Fine Foods, Inc., Kettle Cuisine, LLC, and Conagra Brands, Inc.

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Table of Contents:

1. Global Frozen Soups Market – Executive Summary
2. Global Frozen Soups Market Overview
   2.1. Introduction
   2.1.1. Global Frozen Soups Market Taxonomy
   2.1.2. Global Frozen Soups Market Definition
   2.2. Global Frozen Soups Market Size (US$ Mn) and Forecast, 2012-2022
   2.2.1. Global Frozen Soups Market Y-o-Y Growth
   2.3. Global Frozen Soups Market Dynamics
   2.4. Supply Chain
   2.5. Market Opportunities
   2.6. Product Innovations
   2.7. Pricing Analysis
   2.8. Trade Analysis
   2.9. Key Participants in the Market By Region
3. Global Frozen Soups Market Analysis and Forecast By Product Type 
   3.1. Global Frozen Soups Market Size and Forecast By Product Type, 2012-2022
   3.1.1. Traditional Market Size and Forecast, 2012-2022
   3.1.1.1. Revenue (US$ Mn) Comparison, By Region
   3.1.1.2. Market Share Comparison, By Region
   3.1.1.3. Y-o-Y growth Comparison, By Region
   3.1.2. Light Market Size and Forecast, 2012-2022
   3.1.2.1. Revenue (US$ Mn) Comparison, By Region
   3.1.2.2. Market Share Comparison, By Region
   3.1.2.3. Y-o-Y growth Comparison, By Region
   3.1.3. Vegetarian Classics Market Size and Forecast, 2012-2022
   3.1.3.1. Revenue (US$ Mn) Comparison, By Region
   3.1.3.2. Market Share Comparison, By Region
   3.1.3.3. Y-o-Y growth Comparison, By Region
   3.1.4. Non Vegetarian Market Size and Forecast, 2012-2022
   3.1.4.1. Revenue (US$ Mn) Comparison, By Region
   3.1.4.2. Market Share Comparison, By Region
   3.1.4.3. Y-o-Y growth Comparison, By Region

Continued……

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