Consumer and Market Insights: Soup Market in Belgium
The Belgian Soup market is forecast to register higher growth in value and volume terms during 2014-2019 when compared to 2009-2014. Dried Soup (mixes) and UHT Soup are the leading categories by value while the Frozen Soup category is forecast to register the fastest growth during 2014-2019. Hypermarkets & Supermarkets and Convenience Stores account for majority of the sales in the Soup market.
Rise in GDP per capita and low inflation rate provides opportunities for marketers of consumer packaged goods in Belgium
The Belgian Soup market is forecast to grow at a higher rate in both value and volume terms during 2014-2019 compared to 2009-2014
Of the three soup categories analyzed, UHT Soup is the largest category by volume and Frozen Soup is the fastest growth category, registering a CAGR of 5.6% during 2014-2019
The container Can-Food, with 95.2% share is the most commonly used type in Ambient and UHT Soup categories
The report on the soup market in Belgium provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
What else is contained?
Market data: Overall market value and volume data with growth analysis for 2014-2019
Category coverage: Value and growth analysis for Ambient Soup, Chilled Soup, Frozen Soup, UHT Soup and Dried Soup(mixes), with inputs on individual segment share within each category and the change in their market share forecast for 2014-2019
Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2014
Distribution data: Value shares within each category through channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists and more
Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for flexible packaging, rigid plastics, rigid metal and others; container data for: trays, tubs, foils and others.
Reasons To Buy
Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
Existing and new players can analyse 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