Transparency
Market Research recently published a market research report that
offers an insightful take on the North
America soups market . The research report, titled “Soups
Market - North America Industry Analysis, Size, Share, Growth,
Trends, and Forecast 2014 - 2020”, highlights the several factors
impacting the market. With the help of SWOT analysis, the research
report sheds light on the strengths, weaknesses, opportunities, and
threats in the soups market in North America. Furthermore, it also
examines the threat of new entrants, the threat of substitute
products or services, the bargaining power of customers (buyers), the
bargaining power of suppliers, and the intensity of competitive
rivalry.
According
to the research report, the soups market in North America was valued
at US$5.4 bn in 2014 and is expected to reach US$5.7 bn by 2020, with
a declining CAGR of 0.70% expected from 2014 to 2020. The soups
market in North America will grow at a slow pace, as this staple food
item will continue to be an integral part of the dietary intake of
several Americans in the coming years, ensuring steady demand but not
much scope for expansion.
The
busy lifestyles of consumers in North America are the prime growth
driver for the steady consumption of soups in North America.
Furthermore, the increasing awareness about eating minimally
processed food items and living healthy has prompted several soup
manufacturers in North America to introduce a wide range of products
that cater to these needs.
Request
a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3991
The
soups market in North America is segmented on the basis of product
and geography. The products in the soups market in North America are
dried, canned, , chilled, frozen, and UHT. Geographically, this
market is divided into Mexico, Canada, and the U.S.The most popular
type of soups in the market are dried soups or soup powders, due to
the convenience they offer to consumers. These soups are often
packaged in small sachets and only require the addition of boiling
water prior to consumption. The convenient packaging and minimal
preparation time are making dried soups an exceptional hit amongst
the North American population. Unfortunately, the high processing
procedures involved in canned soups is making this category of soups
lose out on its share in the soups market in North America. The
research report suggests that the demand for chilled soups and dried
soups will continue to grow at a steady pace. All the three regions
in this market will show a decent growth rate for the chilled soups
segment in the soups market in North America.
The
research report analyzes the competitive landscape of the soups
market in North America by profiling some of the top players. It also
offers a study of their financial overview, research and development
activities, investment outlook, strategic mergers and acquisitions,
and business and marketing strategies. The research report offers a
holistic view of the soups market in North America by scrutinizing
its macro and micro functionalities.
The
soups market in North America is segmented as below:
North
America soups market, by product type
- Canned
- Dried
- Chilled
- UHT
- Frozen
North
America soups market, by country
- U.S.
- Canada
- Mexico
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