Consumer and Market Insights: Soup Market in the UAE
Growing GDP per capita and high disposable income will drive demand of the consumer packaged goods in the UAE. The Soup market in the UAE is forecast to register higher growth in both value and volume terms during 2014-2019 compared to 2009-2014. Dried Soup (mixes) is the largest category by volume consumption and is also forecast to register fastest value growth during 2014-2019.
The Soup market in the UAE will register high CAGR of 6.2% during 2014-2019
Of the five Soup categories analyzed, Dried Soup (mixes) will remain the largest as well as fastest growth category, registering a CAGR of 6.9% during 2009-2019
The UAE’s Soup market is led by players such as Maggi, Knorr and Heinz
Bag/Sachet container will register growth at a CAGR of 6.8% during 2014-2019
Consumers in UAE are purchasing value for money products in the Soup market
The report on the Soup market in the UAE 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, Dried Soup (mixes), Frozen Soup, UHT Soup, 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