Food & Beverages

Consumer and Market Insights: Soup Market in Mexico

  • CAN326128
  • 44 Pages
  • August 2015
  • Food & Beverages
Summary
The Mexican Soup market is forecast to register high growth led by the Dried Soup (mixes) category which is also forecast to register the fastest growth during 2014-2019. Knorr is the leading brand in the Chilled Soup and Dried Soup (mixes) categories. Hypermarkets and Supermarkets was the leading distribution channel in the Mexican Soup market in 2014.

Key Findings
- The Mexican Soup market is forecast to register high growth at a CAGR of 7.1% during 2014-2019

- Of the five Soup categories analyzed, Dried Soup(mixes) will remain the largest category as well as is forecast to be the fastest growing category at a CAGR of 7.2% during 2014-2019

- The Mexican Soup market is dominated by international players such as Campbell Soup Company, Unilever PLC and Toyo Suisan Kaisha, Ltd

- The use of Flexible Packaging in the Mexican Soup market is forecast to grow at a CAGR of 6.6% during 2014-2019

- Hypermarkets and Supermarkets was the leading distribution channel for Soup products and accounted for 85.1% distribution share in 2014

Synopsis
The report on the Soup market in Mexico 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.

What else is contained?

- Market data: Overall market value and volume data with growth analysis for 2014-2019

- Category coverage: Value and growth analysis for Ambient Soup, Chilled Soup, Dried Soup(mixes), Frozen Soup and UHT Soup with inputs on individual segment share within each category and the change in their market share forecast for 2014-2019

- Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2014

- Distribution data: Value shares within each category through channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and more

- Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for flexible packaging, rigid plastics, rigid metal and others; container data for: trays, tubs, foils and others.

ReasonsToBuy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

- Existing and new players can analyse key distribution channels to identify and evaluate trends and opportunities

- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning

- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
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