United States of America Soups - Market Assessment and Forecasts to 2023

United States of America Soups - Market Assessment and Forecasts to 2023

Summary

GlobalData’s Country Profile report on the soups sector in the US provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

What else is contained?

- Sector data: Overall sector value and volume data with growth analysis for 2013-2023
- Category coverage: Value and growth analysis for ambient soup, chilled soup, dried soup (mixes), frozen soup, and UHT soup with inputs on individual segment share within each category and the change in their market share forecast for 2018-2023
- Leading players: Market share of brands in value terms in 2018
- Distribution data: Percentage of sales within each category through distribution channels such as Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others
- Packaging data: consumption breakdown for package materials and pack types in each category, in terms of percentage share of number of units sold. Package material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; Pack data for: Bottle, Can, Stand up pouch, Tube, Tub, Aerosol, Bag/Sachet, and Jar.

Scope

- The US soups sector is led by the ambient soup category in 2018 and it is expected to register the fastest value and volume growth during 2018-2023. The per capita consumption of soups in the US is higher than both global and North America in 2018.
- Campbells soup Company, General Mills, Inc., and Hormel Foods Corporation are the leading companies in the sector is expected to grow by value terms during 2018-2023. Older consumers (55+ years) accounted for the highest consumption of soups in the US.

Reasons to buy

- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rurral-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.