Asia Pacific Canned Soups Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Condensed and Ready-to-Eat), Category (Vegetarian and Non-Vegetarian), Processing (Regular Soup and Organic Soup), and Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Online, and Others)

TIPRE00020099 | Pages: 88 | Food and Beverages | Mar 2021 | Type: Regional | Status: Published
 

Market Introduction

Soups refers to a liquid that is served warm or cold depending upon the requirement. It is made with the combination of meat or vegetable ingredients with water or stock. The canned soups contain some vitamins and fibers. The nutrient value of such soups vary depending upon the type and the process involved in making the soup. The canned soups are convenient and easier to prepare. One cup of canned soup may contain some amount of fats and preservatives. Fresh or frozen vegetables can be added to canned soups for the purpose of increasing the fiber, vitamin and mineral content of canned soups.


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Market Overview and Dynamics

The Asia Pacific canned soups market is expected to reach US$ 1,480.85 million in 2027 from US$ 1,134.22 million in 2019. The market is anticipated to grow at a CAGR of 3.5 % from 2020 to 2027. Factors driving the market growth include high demand for ready-to-eat food products and high shelf life of canned food products. However, consumer preference for fresh food products and rising concern about environmental pollutions is likely to have a negative impact on the market growth.

Effect of covid-19 on Asia Pacific canned soups market

The ongoing COVID-19 outbreak began in Wuhan (China) in December 2019, but later it spread to all the parts of the world. It has adversely affected the food and beverages industry as the industry is suffering from supply chain disruptions, lockdowns, travel bans, and business shutdowns called in various countries. India has the highest number of confirmed cases of the COVID-19 morbidity among all Asia Pacific countries. This is likely to impact the food and beverages industry in the region due to the disruption of supply and distribution chain in Asia Pacific. In addition, the lockdown scenarios are also impacting the overall manufacturing processes, research, and development activities pertaining to different industries.

Key Market Segments

The condensed segment accounted for a larger share of the Asia Pacific canned soups market, by type, in 2019. The non-vegetarian segment accounted for a larger share of the Asia Pacific canned soups market, by category, in 2019. The regular soup segment accounted for a larger share of the Asia Pacific canned soups market, by processing, in 2019. The hypermarkets / supermarkets segment accounted for a larger share of the Asia Pacific canned soups market, by distribution channel, in 2019.

Major Sources and Companies Listed

A few of the major primary and secondary sources referred to while preparing this report on the Asia Pacific canned soups market include Campbell soup company, Amy’s Kitchen Inc, General Mills Inc., The Kraft Heinz Company, Baxters Food Group, Unilever, and Hain Celestial Companies.

 

Reasons to buy the report

  • To understand the Asia Pacific canned soups market landscape and identify market segments that are most likely to guarantee a strong return
  • To stay ahead by comprehending the ever-changing competitive landscape for the canned soups market
  • To efficiently plan M&A and partnership deals in the canned soups market by identifying market segments with most promising probable sales
  • To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the canned soups market
  • To obtain market revenue forecast for market by various segments from 2017 to 2027

Asia Pacific Canned soups Market Segmentation

By Type

  • Condensed
  • Ready-to-Eat

By Category

  • Vegetarian
  • Non-Vegetarian

By Processing

  • Regular Soup
  • Organic Soup

By Distribution Channel

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Online
  • Others

Company Profiles

  • Campbell Soup Company
  • Amy’s Kitchen Inc
  • General Mills Inc.
  • The Kraft Heinz Company
  • Baxters Food Group
  • Unilever
  • Hain Celestial Companies

By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1     Data Collection:

3.2.2     Primary Interviews:

3.2.3     Hypothesis formulation:

3.2.4     Macro-economic factor analysis:

3.2.5     Developing base number:

3.2.6     Data Triangulation:

3.2.7     Country level data:

4.           Asia Pacific Canned Soups Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1     APAC

4.3         Expert Opinion

5.           Canned Soups Market– Key Market Dynamics

5.1         Market Drivers

5.1.1     High Demand for Ready-To-Eat Food Products

5.1.2     High Shelf Life of Canned Food Products

5.2         Market Restraints

5.2.1     Consumer Preference for Fresh Food Products and Rising Concern About Environmental Pollutions

5.3         Market Opportunities

5.3.1     Availability Of Multiple Types Of Canned Soups To The Consumer

5.4         Future Trends

5.4.1     Growing Consumer Inclination Towards Organic Products

5.5         Impact Analysis of Drivers and Restraints

6.           Canned Soups – Asia Pacific Market Analysis

6.1         Canned Soups Market Overview

6.2         Asia Pacific Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

6.3         Market Positioning – Key Market Players

7.           Asia Pacific Canned Soups Market Analysis – By Type

7.1         Overview

7.2         Canned Soups Market, By Type (2019 and 2027)

7.3         Condensed Soup

7.3.1     Overview

7.3.2     Condensed Soup: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

7.4         Ready-To-Eat

7.4.1     Overview

7.4.2     Ready-To-Eat: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

8.           Asia Pacific Canned Soups Market Analysis – By Category

8.1         Overview

8.2         Canned Soups Market, By Category (2019 and 2027)

8.3         Vegetarian Canned Soups

8.3.1     Overview

8.3.2     Vegetarian Canned Soups: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

8.4         Non-Vegetarian Canned Soups

8.4.1     Overview

8.4.2     Non-Vegetarian Canned Soups: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

9.           Asia Pacific Canned Soups Market Analysis – By Processing

9.1         Overview

9.2         Canned Soups Market, By Processing (2019 and 2027)

9.3         Regular Soup

9.3.1     Overview

9.3.2     Regular Soup: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

9.4         Organic Soup

9.4.1     Overview

9.4.2     Organic: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

10.         Asia Pacific Canned Soups Market Analysis – By Distribution Channel

10.1      Overview

10.2      Canned Soups Market, By Distribution Channel (2019 and 2027)

10.3      Supermarkets & Hypermarkets

10.3.1   Overview

10.3.2   Supermarkets & Hypermarkets: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

10.4      Convenience Stores

10.4.1   Overview

10.4.2   Convenience Stores: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

10.5      Online

10.5.1   Overview

10.5.2   Online: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

10.6      Others

10.6.1   Overview

10.6.2   Others: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

11.         Asia Pacific Canned Soups Market - Geographic Analysis

11.1      Asia Pacific: Canned Soups Market

11.1.1   Asia Pacific: Canned Soups Market – Revenue and Forecast to 2027 (US$ Million)

11.1.2   Asia Pacific: Canned Soups Market, by Type

11.1.3   Asia Pacific: Canned Soups Market, by Category

11.1.4   Asia Pacific: Canned Soups Market, by Processing

11.1.5   Asia Pacific: Canned Soups Market, by Distribution Channel

11.1.6   Asia Pacific: Canned Soups Market, by Key Country

11.1.6.1              Australia: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

11.1.6.1.1          Australia: Canned Soups Market, by Type

11.1.6.1.2          Australia: Canned Soups Market, by Category

11.1.6.1.3          Australia: Canned Soups Market, by Processing

11.1.6.1.4          Australia: Canned Soups Market, by Distribution Channel

11.1.6.2              China: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

11.1.6.2.1          China: Canned Soups Market, by Type

11.1.6.2.2          China: Canned Soups Market, by Category

11.1.6.2.3          China: Canned Soups Market, by Processing

11.1.6.2.4          China: Canned Soups Market, by Distribution Channel

11.1.6.3              India: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

11.1.6.3.1          India: Canned Soups Market, by Type

11.1.6.3.2          India: Canned Soups Market, by Category

11.1.6.3.3          India: Canned Soups Market, by Processing

11.1.6.3.4          India: Canned Soups Market, by Distribution Channel

11.1.6.4              Japan: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

11.1.6.4.1          Japan: Canned Soups Market, by Type

11.1.6.4.2          Japan: Canned Soups Market, by Category

11.1.6.4.3          Japan: Canned Soups Market, by Processing

11.1.6.4.4          Japan: Canned Soups Market, by Distribution Channel

11.1.6.5              South Korea: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

11.1.6.5.1          South Korea: Canned Soups Market, by Type

11.1.6.5.2          South Korea: Canned Soups Market, by Category

11.1.6.5.3          South Korea: Canned Soups Market, by Processing

11.1.6.5.4          South Korea: Canned Soups Market, by distribution channel

11.1.6.6              Rest of Asia Pacific: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

11.1.6.6.1          Rest of Asia Pacific: Canned Soups Market, by Type

11.1.6.6.2          Rest of Asia Pacific: Canned Soups Market, by Category

11.1.6.6.3          Rest of Asia Pacific: Canned Soups Market, by Processing

11.1.6.6.4          Rest of Asia Pacific: Canned Soups Market, by Distribution Channel

12.         Impact of COVID-19 Pandemic on Asia Pacific Canned Soups Market

12.1      Overview

12.2      Asia-Pacific: Impact assessment of COVID-19 Pandemic

13.         Key Company Profiles

13.1      Amy’s Kitchen Inc.

13.1.1   Key Facts

13.1.2   Business Description

13.1.3   Products and Service

13.1.4   Financial Overview

13.1.5   SWOT Analysis

13.2      Baxters Food Group

13.2.1   Key Facts

13.2.2   Business Description

13.2.3   Products and Services

13.2.4   Financial Overview

13.2.5   SWOT Analysis

13.2.6   Key Developments

13.3      Campbell Soup Company

13.3.1   Key Facts

13.3.2   Business Description

13.3.3   Products and Services

13.3.4   Financial Overview

13.3.5   SWOT Analysis

13.3.6   Key Developments

13.4      The Kraft Heinz Company

13.4.1   Key Facts

13.4.2   Business Description

13.4.3   Products and Services

13.4.4   Financial Overview

13.4.5   SWOT Analysis

13.5      General Mills, Inc

13.5.1   Key Facts

13.5.2   Business Description

13.5.3   Products and Services

13.5.4   Financial Overview

13.5.5   SWOT Analysis

13.6      Unilever

13.6.1   Key Facts

13.6.2   Business Description

13.6.3   Products and Services

13.6.4   Financial Overview

13.6.5   SWOT Analysis

13.7      Hain Celestial

13.7.1   Key Facts

13.7.2   Business Description

13.7.3   Products and Services

13.7.4   Financial Overview

13.7.5   SWOT Analysis

14.         Appendix

14.1      About The Insight Partners

14.2      Glossary of Terms


LIST OF TABLES

Table 1. Asia Pacific Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

Table 2. Asia Pacific Canned Soups Market, by Type– Revenue and Forecast to 2027 (US$ Million)

Table 3. Asia Pacific Canned Soups Market, by Category– Revenue and Forecast to 2027 (US$ Million)

Table 4. Asia Pacific Canned Soups Market, by Processing– Revenue and Forecast to 2027 (US$ Million)

Table 5. Asia Pacific Canned Soups Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)

Table 6. Australia Canned Soups Market, by Type– Revenue and Forecast to 2027 (US$ Million)

Table 7. Australia Canned Soups Market, by Category– Revenue and Forecast to 2027 (US$ Million)

Table 8. Australia Canned Soups Market, by Processing– Revenue and Forecast to 2027 (US$ Million)

Table 9. Australia Canned Soups Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)

Table 10.             China Canned Soups Market, by Type– Revenue and Forecast to 2027 (US$ Million)

Table 11.             China Canned Soups Market, by Category– Revenue and Forecast to 2027 (US$ Million)

Table 12.             China Canned Soups Market, by Processing– Revenue and Forecast to 2027 (US$ Million)

Table 13.             China Canned Soups Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)

Table 14.             India Canned Soups Market, by Type– Revenue and Forecast to 2027 (US$ Million)

Table 15.             India Canned Soups Market, by Category– Revenue and Forecast to 2027 (US$ Million)

Table 16.             India Canned Soups Market, by Processing– Revenue and Forecast to 2027 (US$ Million)

Table 17.             India Canned Soups Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)

Table 18.             Japan Canned Soups Market, by Type– Revenue and Forecast to 2027 (US$ Million)

Table 19.             Japan Canned Soups Market, by Category– Revenue and Forecast to 2027 (US$ Million)

Table 20.             Japan Canned Soups Market, by Processing– Revenue and Forecast to 2027 (US$ Million)

Table 21.             Japan Canned Soups Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)

Table 22.             South Korea Canned Soups Market, by Type – Revenue and Forecast to 2027 (US$ Million)

Table 23.             South Korea Canned Soups Market, by Category – Revenue and Forecast to 2027 (US$ Million)

Table 24.             South Korea Canned Soups Market, by Processing – Revenue and Forecast to 2027 (US$ Million)

Table 25.             South Korea Canned Soups Market, by Distribution Channel – Revenue and Forecast to 2027 (US$ Million)

Table 26.             Rest of Asia Pacific Canned Soups Market, by Type– Revenue and Forecast to 2027 (US$ Million)

Table 27.             Rest of Asia Pacific Canned Soups Market, by Category– Revenue and Forecast to 2027 (US$ Million)

Table 28.             Rest of Asia Pacific Canned Soups Market, by Processing– Revenue and Forecast to 2027 (US$ Million)

Table 29.             Rest of Asia Pacific Canned Soups Market, by Distribution Channel – Revenue and Forecast to 2027  (US$ Million)

Table 30.             Glossary of Terms, Canned Soups Market

LIST OF FIGURES

Figure 1.              Canned Soups Market Segmentation

Figure 2.              Asia Pacific Canned Soups Market Segmentation – By Country

Figure 3.              Asia Pacific Canned Soups Market Overview

Figure 4.              Condensed Segment Held Largest Share of Asia Pacific Canned Soups Market

Figure 5.              China is Expected to Show Remarkable Traction During the Forecast Period

Figure 6.              Asia Pacific Canned Soups Market, Industry Landscape

Figure 7.              APAC: PEST Analysis

Figure 8.              Expert Opinion

Figure 9.              Asia Pacific Canned Soups Market Impact Analysis of Drivers and Restraints

Figure 10.           Asia Pacific Canned Soups Market – Revenue and Forecast to 2027 (US$ Million)

Figure 11.           Canned Soups Market Revenue Share, by Type (2019 and 2027)

Figure 12.           Condensed Soup: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 13.           Ready-To-Eat: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.           Canned Soups Market Revenue Share, by Category (2019 and 2027)

Figure 15.           Vegetarian Canned Soups: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.           Non-Vegetarian Canned Soups: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 17.           Canned Soups Market Revenue Share, by Processing (2019 and 2027)

Figure 18.           Regular Soup: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 19.           Organic: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.           Canned Soups Market Revenue Share, by Distribution Channel (2019 and 2027)

Figure 21.           Supermarkets & Hypermarkets: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 22.           Convenience Stores: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.           Online: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 24.           Others: Canned Soups Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 25.           Asia Pacific: Canned Soups Market – Revenue and Forecast to 2027 (US$ Million)

Figure 26.           Asia Pacific: Canned Soups Market Revenue Share, by Type(2019 and 2027)

Figure 27.           Asia Pacific: Canned Soups Market Revenue Share, by Category(2019 and 2027)

Figure 28.           Asia Pacific: Canned Soups Market Revenue Share, by Processing (2019 and 2027)

Figure 29.           Asia Pacific: Canned Soups Market Revenue Share, by Distribution Channel (2019 and 2027)

Figure 30.           Asia Pacific: Canned Soups Market Revenue Share, by Key Country (2019 and 2027)

Figure 31.           Australia: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

Figure 32.           China: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

Figure 33.           India: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

Figure 34.           Japan: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

Figure 35.           South Korea: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

Figure 36.           Rest of Asia Pacific: Canned Soups Market –Revenue and Forecast to 2027 (US$ Million)

Figure 37.           Impact of COVID-19 Pandemic in Asia Pacific Country Markets

  1. Campbell soup company
  2. Amy’s Kitchen Inc.
  3. General Mills Inc.
  4. The Kraft Heinz Company
  5. Baxters Food Group
  6. Unilever
  7. Hain Celestial Companies
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific canned soups market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

 

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