Global Chilled Soup Sales Pegged to Bring in US$ 1,326.3 Mn by End of 2025 Considering how nutritional food products cease to lose their demand in the world, manufacturers of food products are making efforts to offer such products in easy-to-consume formats. Moreover, consumption of frozen, chilled or refrigerated food products is gaining traction, particularly in urban settings. Persistence Market Research’s latest study reveals that factors as such have played an instrumental role in driving the sales of chilled soup in several regions. According to the study, the global market for chilled soup will be valued at nearly US$ 790 Mn in 2017, and will expand steadily at 6.2% CAGR to reach US$ 1,326.2 Mn by the end of 2025.
In the report, titled “Chilled Soup Market: Global Industry Analysis and Forecast, 2017-2025,” increasing preference on young consumers for succulent breakfast products is cited as a key trend treading in the global chilled soup market. Retail chains offering chilled soup at their stores is also becoming an advantage for key players in the global chilled soup market. The report has profiled companies such as The Billington Group, The Hain Daniels Group Limited, Soupologie Limited, Sonoma Brands, Tio Gazpacho LLC, Campbell Soup Company, Woolworths Limited, PepsiCo, Inc. as leading participants in the global market for chilled soup. The report also delivers prominent trends encompassing the growth of global chilled soup market, which include: 1. The Bowl-to-Bottle Transition – Manufacturers are focusing on chilled soup in bottles rather than in bowls as the hectic daily grind & on-the-go lifestyle of consumers demand convenient and portable meals 2. Controlling Sugar Content – Considering the rise in health conscious consumers and surging demand for products with low sugar content, manufacturers are now offering low sugar chilled soups to create presence among consumers that prefer low calorie healthy food products 3. Preference to High Fiber Soups – Chilled soups are rich in protein and fiber, making them a top choice for consumers particularly in countries such as the US and the UK