Low Fat Chicken Soup: Market Outlook
Shifting consumer’s preference towards animals’ base stock as a high protein source will boost the low fat chicken soup market. Increasing awareness regarding personal fitness among adults and young will boost the low fat chicken soup market.
The health benefits provided by low fat chicken soup are bone strength, improved immunity and enhanced metabolism. Rising popularity of health benefits in low fat chicken soup which further avoid the dependency on health supplement or medicines will offer impressive opportunities for low fat chicken soup market to grow.
Expansion of global packaged and processed food industry is fuelling the demand for convenient and low fat chicken soup. Features like high mineral and vitamin content, enhanced taste, easy to digest and anti- inflammation will be one of the key factors in growing the low fat chicken soup penetration.
Low fat chicken soup is rich in protein, nutrients, vitamins and minerals. Shifting preference towards convenient food and inclination towards fitness and health is estimated to propel the market for low fat chicken soup. Shifting population from rural to urban area in developing countries in Asia Pacific such as China and India is anticipated to boost the demand for low fat chicken soup.
Refrigerated low fat chicken soup market is predicted to record growth in near future. Growing demand for frozen and chilled packaged low fat chicken soup which can be stored for longer time will see the segment growth. Features such as improved shelf life, food safety concern during transportation, and high preservation are estimated to rise the demand for refrigerated low fat chicken soup.
The bone soup market is leading the market with largest market share, followed by chicken soup. Low fat chicken soup contains glycosaminoglycan. Glucosamine is a natural human metabolite of the constituents of connective tissues such as glycosaminoglycan, proteoglycans, and glycoproteins.
It is mainly prescribed to cure joint pain as it stimulates collagen production, reduces pain, inflammations and repairs joints. It contains amino acid glycine that is connected to the digestive and immune systems. It is also a vital block building for many acids that keeps the physique healthy. These health benefits will boost the low fat chicken soup market.
Dry Soup and Increasing Health Awareness Is Driving the Low Fat Chicken Soup Market
The low fat chicken soup industry is growing as demand for instant food is increasing and increasing awareness of health benefits of soup. Low fat chicken Soup contain mineral, protein, vitamin and nutrients. Moreover, shifting of rural population to urban in developing nation of Asia Pacific such as China and India will increase the demand for low fat chicken soup.
Dry soup is dominating the market as compared to any other instant soup. Packed low fat chicken soups are preferred in restaurants and grocery stores due to easy accessibility and durability of the package. Demand for low fat chicken soup is increasing in the market as consumers are changing their preferences for processed food.
The low fat chicken soup contains chicken which provides health benefits and prevent from indigestion. This health benefit is attracting health-conscious consumers across globe. Furthermore, it focuses on brand awareness strategies and improves the quality and taste of the soup for competitive advantage. Low-fat chicken soup is easy to prepare and it is predicted to grow in the forecast period.
The demand for low fat chicken soup will witness growth because of supermarkets and hypermarket because it provides wide range of product selection, appealing shopping environment, and easily available product. This will induce manufacturers to invest in new outlets to rise the sale of low fat chicken soup and increase their customer base.
Furthermore, the major threat to market growth is decline in demand for canned soups. Features such as rising preference for fresh prepared low fat chicken soup and presence of preservatives are measured to decrease the market growth. Canned soup contains high salt which makes little difficult for consumers to consume. Such a negative factor is most likely to lower down the market growth.
Know More Details About the Report
Low Fat Chicken Soup: Key Market Players
Some of the key players operating in the global low fat chicken soup are as follows-
- Campbell Soup company
- Del Monte foods Inc.
- McCormick & company Inc.
- Kettle & fire Inc.
- The Kraft Heinz
- Associated British Foods PLC
- Nestle and many more.
Many manufactures of soup are moving towards product innovation by introducing new product variants in the existing product line, or by acquiring other companies which is already in the same market or they are expanding their geographical boundaries by opening their new plants.
- For instance, in 2019 Kettle & Fire has launched a line of keto bone broth in four flavors. Keto friendly soup are healthy and delicious. Each carton of soup is low in carbs and made with organic ingredients, infused with the only bone broth.
Low Fat Chicken Soup: Regional Analysis
Europe is anticipated to hold the maximum share in market for low fat chicken soup with its large customer base in the region.
Due to COVID-19, the sale in the region is estimated to grow due to lockdown in many parts of the countries. The work from home situation has changed the consumption pattern of instant food. Instant food products such as soups are expected to witness high sale.
North America holds the second largest market after Europe. North America to witness growth in near future because of adoption of changing food preference towards RTE (ready to eat food). Rising consumer consciousness towards healthy benefits associated with low fat chicken soup over traditional soup will boost the product penetration.
The U.S is the largest consumer in the region that increase the growth of market by marking large sale of instant soup. The impact of COVID-19 has not affected the market as consumer prefer instant food over food which take longer time to cook.
The rising population and large consumer base in Asia pacific is predicted to witness growth in the region. The regional manufacturing in Asia Pacific is credited to huge consumer base and growing spending on packed food. Increasing population of working women in the area is likely to effect the demand of low fat chicken soup.
Expansion of multi-outlet food channel will fuel convenient buying of low fat chicken soup and thus boost the regional industry growth. The presence of emerging economics such as India and China will play a vital role in growth of the market. Japan holds the largest market share in the region because people there take soup in their daily meal. After United Stated, Japan is the largest market for low fat chicken soup.
The research report presents a comprehensive assessment of the low fat chicken soup market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as application, product type, form, nature and sales channel.
Avail customized purchase options for your needs
The report covers exhaustive analysis on:
- Low fat chicken soup market Segments
- Low fat chicken soup market Dynamics
- Low fat chicken soup market Size
- Low fat chicken soup Supply and Demand
- Current Trends/Issues/Challenges pertaining to low fat chicken soup market
- Competition Landscape and Emerging Market Participants in low fat chicken soup market
- Technology related to Production/Processing of low fat chicken soup.
- Value Chain Analysis of the low fat chicken soup.
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
- Detailed overview of parent market
- Changing dynamics of the low fat chicken soup market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in low fat chicken soup market
- Competitive landscape of the low fat chicken soup market.
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective low fat chicken soup market performance
- Must-have information for low fat chicken soup market players to sustain and enhance their market footprint.
Low Fat Chicken Soup: Market Segmentation
On the basis of type, the global low fat chicken soup market can be segmented as:
On the basis of packaging, the global low fat chicken soup market can be segmented as:
On the basis of distribution channel, the global low fat chicken soup market can be segmented as:
- Convenience Stores
- Specialty Stores
- Online Retail
NOTE: All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of FACT.MR
Need an Exclusive Report for your Unique Requirement?
- Related Reports -
- Our Clients -
- Evaluate How Fact.MR's Report Can Help. -
Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
Is a sample of this report available for evaluation?
Yes, you can request a sample, and it will be sent to you through an email.