Country Profile: Soups in the US
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The US soups sector is led by the ambient soup category in both value and volume terms in 2017, while the dried soup category is forecast to register the fastest value growth during 2017-2022. Hypermarkets & supermarkets accounted for the largest distribution share in the sector. Rigid metal is the most commonly used pack material in the sector followed by flexible packaging. Campbells Soup Company, General Mills, Inc., and Hormel Foods Corporation are the leading market players in the US soups sector.
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 2012-2022
– 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 2017-2022
– Leading players: Market share of brands in value terms in 2017
– 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 expected to grow at a CAGR of 2% by value during 2017-2022
– Ambient soup is the leading category in value terms in the US soups sector.
– Hypermarkets & supermarkets is the largest distribution channel in the US soups sector.
– Campbell`s is the leading brand in the US soups sector with a value share of 41.8% in 2017
– Rigid metal is the most commonly used pack material in the US soups sector.
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.
General Mills Inc.
Hormel Foods Corporation
Hain Celestial Group
Conagra Foods Inc.
Amy`s Kitchen Inc.
The Kraft Heinz Company
Panera Bread
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