Dried soup is a type of instant soup that contains dry powder, meat, vegetables, grains, legumes and preservatives. Dried soup can be easily prepared by using hot water. The components of the dried soup are prepared various methods such as slow freezing and air drying. At the time of packaging of dried soup, various ingredients such as salt, preservatives and taste makers are added to enhance the taste and quality.
The major factors driving growth of the target dried soup market are increasing health awareness and rising demand for instant food. In addition, the availability of various types of dried soup in different flavors and sizes, making it more popular among people of all age groups. However, side effects of preservatives that are used in dried soup may hamper the growth of the target market in the near future.
Introduction of new flavors and use of organic preparation methods can create higher revenue opportunities for target players in the market.
The global dried soup market report has been segmented on the basis of basis of content, packaging, distribution channel, and region. On the basis of content, the market is segmented into vegetarian and non-vegetarian. Vegetarian segment dominates the global market in terms of revenue. On the basis of packaging, the market is segmented into cup and pouch. On the basis of distribution channels, the market is segmented into hypermarkets & supermarkets, retail stores, and convenience stores. Hypermarket & supermarket are expected to dominates the global market in terms of revenue over the forecast period.
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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Europe is expected to dominate the global market in terms of revenue over the forecast period, due to increasing popularity and availability of dried soups in most of the food chain and restaurants in the region. The market in North America is expected to register second-highest share in terms of revenue. The Asia Pacific dried soup market is expected to grow significantly in the near future.
Key players operating in the global dried soup market include Campbell Soup Company, General Mills, Inc., Associated British Foods Plc., Nestlé S.A., Kraft Heinz Intermediate Corporation II, B&G Foods, Inc., Baxter’s Food Group, Greencore Group Plc., Nissin Foods Holdings Co. Ltd., and Unilever Plc.