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Date Submitted: 09/16/2015 03:04 AM
Hexa Reports
Market Research Reports and Insightful Company Profiles
Soup Market in Canada Consumer and Industry Insights
Global Share, Size, Trends and Growth, Segment Forecast
from 2012 To 2020
Increasing GDP per capita and low inflation rate to support consumer spending in Canada. The Canadian
Soup market is forecast to register a higher growth during 2014-2019 compared to 2009-2014 and is led
by the Ambient Soup category. Hypermarkets and Supermarkets is the dominant distribution channel in
the Canadian Soup market. Can-Food was the most commonly used container material and accounted
for a dominant share in the Soup market.
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Key Findings
Increasing GDP per capita, supported by a growing young population and low inflation rates will
drive the market for consumer packaged goods in Canada. The Soup forecast to grow at a
marginally higher CAGR of 3.3% during the period 2014-2019 to reach CA$856.4 million
(US$695.3 million) by 2019.
Hexa Reports
Market Research Reports and Insightful Company Profiles
The Ambient Soup category) accounts for the largest value with 78.0% share in the Soup market.
The UHT Soup category will register the fastest CAGR growth at 5.8% in local currency terms
during 2014-2019 and will be followed by Chilled Soup category at a CAGR of 4.9%.
Hypermarkets and Supermarkets is the leading distribution channel and it accounted for 82.5%
of overall Soup distribution in 2014. It is followed by Convenience Store which has 8.2% share
Rigid Metal was the preferred packaging material used in the Soup market followed by Flexible
Packaging with 9.6% share in 2014.
Synopsis
The report on the Soup market in Canada 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.
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