Ambient Soup Market Overview
The Ambient Soup Market size is forecast to reach $8.2 billion by 2026,
growing at a CAGR of 7.4% during the forecast period
The report: “Ambient Soup Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Ambient Soup Market.
- North America dominated the Ambient Soup Market in 2020 owing to the increasing demand for convenience food and increasing awareness regarding health benefits of soups. The Ambient Soup Market scope for different regions will be provided in the final report.
- Increasing usage of nutritional supplements and increasing consumer inclination towards healthy diets are likely to aid the market growth of the Ambient Soup Market report.
- Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Ambient Soup Market report.
- High competition and stringent regulations is poised to create the hurdles for the Ambient Soup Market.
Ambient Soup Market Revenue Share, By Geography, 2020(%)
Ambient Soup Market Segment Analysis – By Type
Dehydrated Soup held the largest share in the Ambient Soup Market in 2020 and is estimated to grow at a CAGR 7.9% during the
Ambient Soup Market Segment Analysis – By Ingredients
Veg Ingredients held the largest share in the Ambient Soup Market
in 2020 and
is estimated to grow at a CAGR 8.1% during the forecast period
Ambient Soup Market Segment Analysis – By Geography
North America dominated the Ambient Soup Marketwith a major share of 33.9% in 2020. This is attributed to the increasing government initiatives to enhance consumer knowledge towards new products of vegetarian ambient soups, and increasing demand for new & unique taste. Increasing consumer inclination towards the healthy diet, and increasing working population is also increasing the growth of the market in this region.
However, Asia Pacific is
estimated to grow at a higher CAGR during the forecast period
Ambient Soup Market Drivers
Increasing Shift of the Consumers towards the Veganism
Increasing shift of the consumers towards the
veganism is increasing the growth of the Ambient Soup Market. This is owing to
the increasing awareness of the consumers regarding the health, social impact,
and sustainability. Ambient soup are rich in minerals, vitamins, nutrients, and
proteins. There is an increasing shift of the consumers towards the veganism
owing to the animal welfare, and personal health. Increasing demand for
convenience food and increasing awareness regarding the health benefits of
soups are also increasing the growth of the market. Thus, increasing the growth
of the Ambient Soup Market during
the forecast period
Increasing Health Conscious Consumers
Increasing health conscious consumers is
increasing the growth of the market. This is owing to the nutritional benefits of the ambient soup that have
encouraged the consumers to opt such products. Soup are nutrient dense that provides vitamins, and minerals. Increasing
working population has also led in the consumption of soups. Thus, increasing
the growth of the Ambient Soup Market during
the forecast period
Ambient Soup Market Challenges
High Competition and Stringent Regulations
Some of the factors that are set to impede the growth of the Ambient Soup Market are high competition and stringent regulations. High content of salt and corn in dried products increases the level of blood pressure and blood sugar that hampers the health of the individual. Thus, hindering the growth of the market.
Ambient Soup Market Landscape
Product launches, mergers and
acquisitions, joint ventures, and R&D activities are key strategies adopted
by players in the Dried Soup (Mixes) Market. In 2020, the Ambient Soup Marketshare is consolidated by the top
ten players present in the market. The Ambient Soup Market, top 10 companies are The
Campbell Soup, Baxters Food Group Limited, General Mills Inc., Hindustan
Unilever Limited, Ottogi Co. Ltd., Associated British Food PLC, and Conagra
Brands Inc. among others.