Soup in Colombia

November 2020 | 31 pages | ID: S7C11EAC7D1EN
Euromonitor International Ltd

Abstracts

Soups are set to enjoy a strong spike in sales in 2020, directly as a result of COVID-19. Retail sales fell in both volume and current value terms in 2018 and 2019, but heightened demand for convenience during the pandemic will deliver strong growth in 2020. The primary reason for this is the closure of schools, the impetus for consumers to work from home where possible and the shutdown of the country’s foodservice sector in the first half of 2020. This meant large numbers of consumers that migh...

Euromonitor International's Soup in Colombia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2015-2019, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, distribution or pricing issues. Forecasts to 2024 illustrate how the market is set to change.

Product coverage: Chilled Soup, Dehydrated Soup, Frozen Soup, Instant Soup, Shelf Stable Soup.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Soup market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.

Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.

Contents

KEY DATA FINDINGS
2020 IMPACT
Consumers reach for quick lunch solutions during lockdown
Poor consumer perception of soups and health awareness will limit stronger 2020 growth
Limited availability also restricts sales development
RECOVERY AND OPPORTUNITIES
Chilled soups can help premium positions, improve consumer perception
Impact of ‘clean’ labels
Price sensitivity set to linger over the forecast period
CATEGORY DATA
Table 1 Sales of Soup by Category: Volume 2015-2020
Table 2 Sales of Soup by Category: Value 2015-2020
Table 3 Sales of Soup by Category: % Volume Growth 2015-2020
Table 4 Sales of Soup by Category: % Value Growth 2015-2020
Table 5 Sales of Soup by Leading Flavours: Rankings 2015-2020
Table 6 NBO Company Shares of Soup: % Value 2016-2020
Table 7 LBN Brand Shares of Soup: % Value 2017-2020
Table 8 Distribution of Soup by Format: % Value 2015-2020
Table 9 Forecast Sales of Soup by Category: Volume 2020-2025
Table 10 Forecast Sales of Soup by Category: Value 2020-2025
Table 11 Forecast Sales of Soup by Category: % Volume Growth 2020-2025
Table 12 Forecast Sales of Soup by Category: % Value Growth 2020-2025