UHT soups are set to see the most considerable growth in the Soup market in China.
Lewes, DE -- (SBWIRE) -- 03/03/2014 -- The rate of growth in China’s Soup market exhibitied between 2007-2012 will positively increase between 2013-2017, according to new report which forecasts an average Y-o-Y growth of 8.97% between 2013 and 2017, by which time the market will value IN billion (CNY 747.4).
Chilled soups are the most valuable product segment in China’s Soup market – It’s current worth standing at over CNY 293.18 million – UHT Soup will exhibit the most considerable growth since 2007, and this is a trend that is set to continue to 2017, with forecasting a CAGR of 9.35%.
The volume of units sold in the Soup market in China over the next four years, will see the number of units sold increase from 11 million in 2013 to 15 million in 2017.
The report offers authoritative and granular data on the Soup market in China, including volume and value changes, brand dynamics, and distribution trends. Through its examination of the components of change in the market through historic and future growth patterns, The Future of the Soup Market in China to 2017: Market Size, Distribution and Brand Share, Key Events and Competitive Landscape facilitates the promotion of growth through a proper understanding of market trends, accurate assesment of market positioning, and the confident updating of strategic plans, and should be considered requried reading for those serious about capitalizing on the opportunities in the Soup market in China.
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