Soups in China
Summary
Soups in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The soups market consists of the retail sale of ambient soup, dried soup (mixes), chilled soup, UHT soup and frozen soup products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The Chinese Soups market had total revenues of $116.1 million in 2023, representing a compound annual growth rate (CAGR) of 7.3% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 4.9% between 2018 and 2023, to reach a total of 8.6 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 5.8% for the five-year period 2023-28, which is expected to drive the market to a value of $153.7 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the soups market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in China
- Leading company profiles reveal details of key soups market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China soups market with five year forecasts by both value and volume
- What was the size of the China soups market by value in 2023?
- What will be the size of the China soups market in 2028?
- What factors are affecting the strength of competition in the China soups market?
- How has the market performed over the last five years?
- Who are the top competitors in China's soups market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Chinese soups market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies market shares have suffered in the last 5 years (2018-2023)?
- 7.5. What are the most popular brands in the Chinese soups market?
- 8 Company Profiles
- 8.1. Nestle SA
- 8.2. McCormick & Co Inc
- 8.3. Ajinomoto AGF Inc
- 8.4. Unilever Plc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: China soups market value: $ million, 2018-23
- Table 2: China soups market volume: million kilograms, 2018-23
- Table 3: China soups market category segmentation: % share, by value, 2018-2023
- Table 4: China soups market category segmentation: $ million, 2018-2023
- Table 5: China soups market geography segmentation: $ million, 2023
- Table 6: China soups market distribution: % share, by value, 2023
- Table 7: China soups market value forecast: $ million, 2023-28
- Table 8: China soups market volume forecast: million kilograms, 2023-28
- Table 9: China soups market share: % share, by value, 2023
- Table 10: Nestle SA: key facts
- Table 11: Nestle SA: Annual Financial Ratios
- Table 12: Nestle SA: Key Employees
- Table 13: Nestle SA: Key Employees Continued
- Table 14: McCormick & Co Inc: key facts
- Table 15: McCormick & Co Inc: Annual Financial Ratios
- Table 16: McCormick & Co Inc: Key Employees
- Table 17: Ajinomoto AGF Inc: key facts
- Table 18: Ajinomoto AGF Inc: Key Employees
- Table 19: Unilever Plc.: key facts
- Table 20: Unilever Plc.: Annual Financial Ratios
- Table 21: Unilever Plc.: Key Employees
- Table 22: China size of population (million), 2019-23
- Table 23: China real gdp (constant 2010 prices, $ billion), 2019-23
- Table 24: China gdp (current prices, $ billion), 2019-23
- Table 25: China inflation, 2019-23
- Table 26: China consumer price index (absolute), 2019-23
- Table 27: China exchange rate, 2018-23
- List of Figures
- Figure 1: China soups market value: $ million, 2018-23
- Figure 2: China soups market volume: million kilograms, 2018-23
- Figure 3: China soups market category segmentation: $ million, 2018-2023
- Figure 4: China soups market geography segmentation: % share, by value, 2023
- Figure 5: China soups market distribution: % share, by value, 2023
- Figure 6: China soups market value forecast: $ million, 2023-28
- Figure 7: China soups market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the soups market in China, 2023
- Figure 9: Drivers of buyer power in the soups market in China, 2023
- Figure 10: Drivers of supplier power in the soups market in China, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the soups market in China, 2023
- Figure 12: Factors influencing the threat of substitutes in the soups market in China, 2023
- Figure 13: Drivers of degree of rivalry in the soups market in China, 2023
- Figure 14: China soups market share: % share, by value, 2023
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