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, MD -- (SBWIRE) -- 02/06/2018 -- The global frozen market is expected to register a healthy growth attributed to increasing demand in the food and beverages industry. Growing demand for quick and convenient way to prepare food is expected to impact growth of the global market positively. This report, published by Fact.MR, provides in-depth analysis of the global frozen soup market for the forecast period 2017-2022, and offers key insights about future market direction.
The scope of Fact.MR's report is to analyze the global frozen soup market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Frozen soup manufacturers, stakeholders, and suppliers in the global food & beverage sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to frozen soup.
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The reports provides an overview of the global frozen soup market. This comprises an introduction to the market, along with a standard definition of the product – frozen soup. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.
The report's succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.
In order to offer readers with up-to-date information about the latest advancements in the global frozen soup market, the report provides updates about market opportunities, which can benefit leading manufacturers of frozen soup. With continuous evolution of the food & beverage sector, keeping a record of latest developments and trends is fundamental for frozen soup manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, pricing analysis, list of distributors, and cost structure are provided in this section.
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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.
Several market players are also increasingly focusing on channelizing their investments in research, developments, and product innovations. In a bid to expand and attract more customers, various market players are mainly focusing on extending their product line by adding range of new products. Bound to such factors, the global frozen soup market is expected to witness significant growth.
Sales of frozen soup products is expected to generate significant revenues through the wholesalers/distributor/direct channel. The wholesalers/distributor/direct sales channel is expected to account for a value of over US$ 8 Mn by the end of 2017. Online retailers is expected to register the highest CAGR in the global market throughout 2022.
Leading players operating in the global frozen soup market include Campbell Soup Co., The Kraft Heinz Co., Conagra Brands, Inc., Tabatchnick Fine Foods, Inc., and Kettle Cuisine, LLC.
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