Asia Pacific Soups Market Is Expected to Reach Usd 2766.6 Million by 2020

Transparency Market

Research

Soups Market - Asia Pacific Industry Analysis, Size, Share,

Growth, Trends and Forecast 2014 - 2020

Published Date

07-10-2014

148 Page Report

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Press Release

Asia Pacific Soups Market is expected to reach USD 2766.6

million by 2020

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Asia Pacific Soups Market

REPORT DESCRIPTION

Transparency Market Research has published a new market report titled “Soups Market Asia Pacific

Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014 - 2020.” According to the report, the

asia pacific soups market is valued at USD 2025.5 million in 2014 and is anticipated to reach USD 2766.6

million in 2020, growing at a CAGR of 5.3% from 2014 to 2020. China is one of the attractive markets for

soups in 2014 and is expected to become one of the most lucrative markets for soups by 2020 due the l

increased level of disposable income and the rise in soups consumption in terms of volume consumed

stimulates the demand for soups in this country.

Rapid changes in the lifestyle of people in major markets such as China, Japan and India are projected to

boost the soups market in Asia Pacific. Furthermore, growth in per capita income and product innovation

would significantly influence the consumption of soups in the region over the next six years.

Emerging countries such as India, Australia, New Zealand and Indonesia are among the fastest growing

markets for soups products. The soups market in these countries is anticipated to experience significant

growth during the forecast period. The soups market in these countries is estimated to witness a

significant growth due to busy lifestyle of the people of these countries and improvement of the

distribution channels.

Geographically (by country), China and Japan are...