Soups in Singapore
Summary
Soups in Singapore industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 Singaporean Soups market had total revenues of $17.4 million in 2023, representing a compound annual growth rate (CAGR) of 4.2% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2% between 2018 and 2023, to reach a total of 2.8 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.1% for the five-year period 2023-28, which is expected to drive the market to a value of $20.3 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 Singapore
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in Singapore
- 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 Singapore soups market with five year forecasts
- What was the size of the Singapore soups market by value in 2023?
- What will be the size of the Singapore soups market in 2028?
- What factors are affecting the strength of competition in the Singapore soups market?
- How has the market performed over the last five years?
- What are the main segments that make up Singapore'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 Singaporean 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 Singaporean soups market?
- 8 Company Profiles
- 8.1. Baxters Food Group Ltd
- 8.2. Campbell Soup Company
- 8.3. The Kraft Heinz Co
- 8.4. General Mills Inc
- 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: Singapore soups market value: $ million, 2018-23
- Table 2: Singapore soups market volume: million kilograms, 2018-23
- Table 3: Singapore soups market category segmentation: % share, by value, 2018-2023
- Table 4: Singapore soups market category segmentation: $ million, 2018-2023
- Table 5: Singapore soups market geography segmentation: $ million, 2023
- Table 6: Singapore soups market distribution: % share, by value, 2023
- Table 7: Singapore soups market value forecast: $ million, 2023-28
- Table 8: Singapore soups market volume forecast: million kilograms, 2023-28
- Table 9: Singapore soups market share: % share, by value, 2023
- Table 10: Baxters Food Group Ltd: key facts
- Table 11: Baxters Food Group Ltd: Key Employees
- Table 12: Campbell Soup Company: key facts
- Table 13: Campbell Soup Company: Annual Financial Ratios
- Table 14: Campbell Soup Company: Key Employees
- Table 15: Campbell Soup Company: Key Employees Continued
- Table 16: The Kraft Heinz Co: key facts
- Table 17: The Kraft Heinz Co: Annual Financial Ratios
- Table 18: The Kraft Heinz Co: Key Employees
- Table 19: The Kraft Heinz Co: Key Employees Continued
- Table 20: General Mills Inc: key facts
- Table 21: General Mills Inc: Annual Financial Ratios
- Table 22: General Mills Inc: Key Employees
- Table 23: Singapore size of population (million), 2019-23
- Table 24: Singapore real gdp (constant 2010 prices, $ billion), 2019-23
- Table 25: Singapore gdp (current prices, $ billion), 2019-23
- Table 26: Singapore inflation, 2019-23
- Table 27: Singapore consumer price index (absolute), 2019-23
- Table 28: Singapore exchange rate, 2018-23
- List of Figures
- Figure 1: Singapore soups market value: $ million, 2018-23
- Figure 2: Singapore soups market volume: million kilograms, 2018-23
- Figure 3: Singapore soups market category segmentation: $ million, 2018-2023
- Figure 4: Singapore soups market geography segmentation: % share, by value, 2023
- Figure 5: Singapore soups market distribution: % share, by value, 2023
- Figure 6: Singapore soups market value forecast: $ million, 2023-28
- Figure 7: Singapore soups market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the soups market in Singapore, 2023
- Figure 9: Drivers of buyer power in the soups market in Singapore, 2023
- Figure 10: Drivers of supplier power in the soups market in Singapore, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the soups market in Singapore, 2023
- Figure 12: Factors influencing the threat of substitutes in the soups market in Singapore, 2023
- Figure 13: Drivers of degree of rivalry in the soups market in Singapore, 2023
- Figure 14: Singapore soups market share: % share, by value, 2023
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