Soup Market in North America : Consumer and Market Insights

Transparency Market

Research

Soups Market - North America Industry Analysis, Size,

Share, Growth, Trends, and Forecast 2014 - 2020

Published Date

20-01-2015

52 Page Report

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Press Release

Soups Market in North America to Show a Poor CAGR of 0.70% from

2014 to 2020 due to Lack of Demand for Canned Soups

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Soups Market

REPORT DESCRIPTION

Transparency Market Research recently published a market research report that offers an insightful take on

the North America soups market . The research report, titled “Soups Market - North America Industry

Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020”, highlights the several factors impacting

the market. With the help of SWOT analysis, the research report sheds light on the strengths, weaknesses,

opportunities, and threats in the soups market in North America. Furthermore, it also examines the threat

of new entrants, the threat of substitute products or services, the bargaining power of customers (buyers),

the bargaining power of suppliers, and the intensity of competitive rivalry.

According to the research report, the soups market in North America was valued at US$5.4 bn in 2014 and

is expected to reach US$5.7 bn by 2020, with a declining CAGR of 0.70% expected from 2014 to 2020. The

soups market in North America will grow at a slow pace, as this staple food item will continue to be an

integral part of the dietary intake of several Americans in the coming years, ensuring steady demand but

not much scope for expansion.

The busy lifestyles of consumers in North America are the prime growth driver for the steady consumption

of soups in North America. Furthermore, the increasing awareness about eating minimally processed food

items and living healthy has prompted several...