Global Dried Soup Market 2017-2021
About Dried Soup
Dried soup consists of dehydrated soup ingredients. They are generally packaged in vacuum-sealed and air-tight containers and bags. Dried soups are sold as bouillon cubes; powdered ingredients; or as a mixture of dehydrated vegetables, seasonings, and pepper. Depending on products, dried soups are segmented into two types: dehydrated dried soups and instant dried soups.
Technavio’s analysts forecast the global dried soup market to grow at a CAGR of 2.96% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global dried soup market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Dried Soup Market 2017-2021
Technavio recognizes the following companies as the key players in the global dried soup market: CSC BRANDS (CSC), Nestlé, Nissin Foods, The Kraft Heinz Company (TKHC), and Unilever.
Other Prominent Vendors in the market are: ACECOOK VIETNAM, Associated British Foods, Conad, General Mills, Hain Celestial, House Foods Group, NONGSHIM, Ottogi, Premier Foods, and Symington's.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Packaging innovations in soup industry. One of the major trends emerging in the market is the innovative packaging introduced for the products by various vendors. Good packaging provides better protection, tampering resistance, and can also be used for marketing purposes. Marketing communications and graphic designs are applied to the surface of the package. Vendors are coming up with innovative packaging to increase the shelf-life of their products and to gain the attention of consumers.”
According to the report, one of the major drivers for this market is Rising demand for gluten-free soup products. One of the main drivers that will impact the growth of the global dried soup market is the rising demand for gluten-free soup products. Many vendors have responded positively to this rising demand and have come up with gluten-free soup products with various flavors to offer more choices to their customers.
Further, the report states that one of the major factors hindering the growth of this market is Side effects of preservatives added in dried soups. Most dried soup products contain various preservatives such as monosodium glutamate, potassium sorbate, sodium phosphate, and lactic acid. Consumption of these preservatives can cause many side effects like headache, sweating, numbness, heart palpitation, nausea, and weakness. Excessive consumption of potassium sorbate can cause diarrhea, nausea, and allergic reactions.
CSC BRANDS (CSC), Nestlé, Nissin Foods, The Kraft Heinz Company (TKHC), Unilever, ACECOOK VIETNAM, Associated British Foods, Conad, General Mills, Hain Celestial, House Foods Group, NONGSHIM, Ottogi, Premier Foods, and Symington's.