About Freezing Meat Soup
Freezing Meat Soup is a food product which unlike the traditional refrigerated soups doesn’t have preservatives. Frozen soups are Ready-to-Eat (RTE) or instant soups that have been processed for quick and easy cooking. Initially, the soups were processed as a powder that could be prepared by adding water and heated for a short time, but as technology and invention progressed, new instant soup versions were introduced to the market. The freezing meat soup market is primarily divided based on several types that is chicken soup, seafood soup, beef soup along with other major freezing meat soups. The chicken soup accounts for the largest market share among all other soups, that is mainly because of chicken being considered one of the cleanest meats and has no major religious beliefs attached to it. The plant based meat can aid in creating new plant based meat soup which has huge potential to disrupt the entire freezing meat soup market. North America is currently the largest market of the freezing meat soup.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 17.4% |
Growing innovation in the frozen food technology has led to the emergence of the freezing meat soup. Rising consciousness about health has led to surge in demand for high nutrition, and high protein although healthy food options, thus leading to the growth of the freezing meat soup market. Although shift towards veganism may be a major hindrance for the growth of the market. North America is the major market of freezing meat soup. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Campbell Soup Company (United States), Unilever Plc (United Kingdom), Nestlé S.A. (Switzerland), General Mills, Inc. (United States), Kraft Heinz Company (United States), Kettle Cuisine (United States), Tabatchnick (United States), Amy’s Kitchen (United States), Conagra Brands, Inc. (United States) and Blount Fine Foods (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Schwan's Company (United States), Baxters Food Group Ltd. (United Kingdom) and Phillips Foods, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Freezing Meat Soup market by Type (Chicken Soup, Beef Soup, Seafood Soup and Other) and Region.
On the basis of geography, the market of Freezing Meat Soup has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online {E-Commerce Stores} will boost the Freezing Meat Soup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Offering , the sub-segment i.e. Soup Mix will boost the Freezing Meat Soup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging , the sub-segment i.e. Pouches will boost the Freezing Meat Soup market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Chicken Soup Accounts for Largest Market Share
Market Growth Drivers:
Rapid Urbanisation has led to Faster Lifestyle of People and thus leading to Higher Demand for Freezing Soup and Growing Focus on Health has attributed to Growth of the Meat Soup Consumption
Challenges:
Large Number of Local Players Entering the Market
Restraints:
Shifting of Younger Generation to Veganism
Opportunities:
Plant Made Meat based Soup would Present Huge Opportunity to Disrupt the Freezing Meat Soup Market
Market Leaders and their expansionary development strategies
In 2019, KKR & Co. Inc., a global investment firm based in United States has announced signing of an agreement to acquire few of the international operations of Campbell Soup Co., such as the simple meals and shelf-stable beverages business in Australia and Asia Pacific, and the business in Latin America along with its Arnott’s and TimTam brands operations in Asia Pacific and Australia. The acquisition deal is valued at USD 2.2 billion.
in April 2021, Amazon launched Aplenty, a private label food and snack brand with hundreds of products including frozen pita chips, foods, mini cookies, crackers, and condiments. These foods are anticipated to be available online and in-store at Amazon Fresh which further increases product visibility among consumers.
Key Target Audience
Freezing Meat Soup Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.