Global Canned Soups Market is accounted for $5,074.82 million in 2020 and is expected to reach $7,967.21 million by 2028 growing at a CAGR of 5.8% during the forecast period. Rapid shift in food preferences of consumers, rise in health concerns and growing demand for ready to eat food products are driving the market growth.
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By geography, North America is going to have high growth during the forecast period which can be attributed to the rise in cases of obesity and health concerns which demands the consumption of packaged soups containing fresh and natural ingredients with least preservatives. This has led to the expansion of product range in the region which is boosting the market growth.
Some of the key players profiled in the Canned Soups Market include Baxters Food Group, Campbell Soup, General Mills, House Foods Group, Kraft Heinz, Kroger, Nestle, Nissin Foods, NK Hurst Company, Premier Foods and Unilever.
Types Covered in Canned Soups Market
• Non Vegetarian
• Organic Soup
• Regular Soup
• Mixed Vegetables
Distribution Channels Covered:
• Convenience Stores
• Departmental and Traditional Grocery Store
• Food Speciality Stores
• Online Retailers
• Super Markets & Hyper Markets
End Users Covered:
• Food & Beverage
• Healthcare & Nutrition
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