Soup Market in Canada Consumer and Industry Insights Global Share, Size, Trends and Growth, Segment Forecast from 2012 to 2020

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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.

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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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