India Soup and Extracts Market (2024-2030) | Forecast, Analysis, Value, Outlook, Share, Trends, Growth, Size, Industry, Companies & Revenue

Market Forecast By Soup Type (Dried, Wet, Canned, UHT), By Sources (Spices, Herbs, Flowers, Tea leaves), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online) And Competitive Landscape
Product Code: ETC031004 Publication Date: Jun 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5
India Dried, Wet (Soups and Broths) market shipment grew 0.43% in value terms in financial year 2021-22 in comparison with a decrease of -0.63% in the previous financial year.
India Dried, Wet (Soups and Broths) Shipment Value (Percentage Growth Over Previous Year)

India Soup and Extracts Market Synopsis

India Soup and Extracts Market is estimated to grow at a CAGR of 5.61% during the forecast period 2020-2026. The increasing health consciousness among people, rising demand for convenience food products, greater availability of packaged soups & extracts in retail stores as well as online channels are driving the growth of India soup and extracts market. Moreover, factors such as growing working population coupled with their busy lifestyles and introduction of innovative flavours by key players in the market have further augmented the demand for packaged soups & extracts over traditional methods across India. In addition, increasing disposable income along with changing consumer preferences towards ready-to-eat meals has resulted in strong growth prospects for packaged soup & extract manufacturers operating in this region.

Drivers of the Market:

Increasing preference among urban population towards ready-to-eat solutions due to hectic lifestyle schedules combined with growing working female population who find it convenient prepare light yet nutritious meals quickly using available resources has turned out be one primary driver propelling forward sales volumes related canned soup & extraction categories throughout current decade Additionally rise number

Challenges of the Market:

The major inadequate nutrition awareness amongst consumers resulting into lacklustre performance when it comes to accepting healthy meal options based on dietary guidelines provided by medical professionals or government bodies leading people to opt out consuming processed meals despite having high nutritional content or low salt/fat/calorie levels due their belief about unhealthy nature associated with these types foods hence leaving marketers struggling achieve rapid expansion goals desired within specified timeline intervals

Trends of the Market:

The major trend witnessed in India Soup and Extracts Market is that companies are focusing on launching various new flavors which will enhance customer experience while catering to different taste palates across the country. For example, Nestle India recently launched Maggi Garden Peas Masala Soup that comes with an exciting flavour combination from vegetables like garden peas, carrots etc., This move was undertaken to meet the demands of Indian consumers who prefer spicy food items like masala curries more often than not compared to other cuisines available globally. Furthermore, companies are also introducing organic variants which contain minimal or no preservatives derived from natural sources such as herbs or spices making them even healthier for consumption without compromising on flavor quality. As a result of these trends many local companies have gained traction offering customers premium flavoured products at competitive prices thereby boosting sales significantly within this vertical thus contributing positively towards overall industry growth figures.

Key Highlights of the Report:

  • India Soup and Extracts Market Outlook
  • Market Size of India Soup and Extracts Market, 2023
  • Forecast of India Soup and Extracts Market, 2030
  • Historical Data and Forecast of India Soup and Extracts Revenues & Volume for the Period 2020-2030
  • India Soup and Extracts Market Trend Evolution
  • India Soup and Extracts Market Drivers and Challenges
  • India Soup and Extracts Price Trends
  • India Soup and Extracts Porter's Five Forces
  • India Soup and Extracts Industry Life Cycle
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Soup Type for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Dried for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Wet for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Canned for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By UHT for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Sources for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Spices for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Herbs for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Flowers for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Tea leaves for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Convenience Stores for the Period 2020-2030
  • Historical Data and Forecast of India Soup and Extracts Market Revenues & Volume By Online for the Period 2020-2030
  • India Soup and Extracts Import Export Trade Statistics
  • Market Opportunity Assessment By Soup Type
  • Market Opportunity Assessment By Sources
  • Market Opportunity Assessment By Distribution Channel
  • India Soup and Extracts Top Companies Market Share
  • India Soup and Extracts Competitive Benchmarking By Technical and Operational Parameters
  • India Soup and Extracts Company Profiles
  • India Soup and Extracts Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary

2 Introduction

2.1 Key Highlights of the Report

2.2 Report Description

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3 India Soup and Extracts Market Overview

3.1 India Country Macro Economic Indicators

3.2 India Soup and Extracts Market Revenues & Volume, 2020 & 2030F

3.3 India Soup and Extracts Market - Industry Life Cycle

3.4 India Soup and Extracts Market - Porter's Five Forces

3.5 India Soup and Extracts Market Revenues & Volume Share, By Soup Type, 2020 & 2030F

3.6 India Soup and Extracts Market Revenues & Volume Share, By Sources, 2020 & 2030F

3.7 India Soup and Extracts Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F

4 India Soup and Extracts Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 India Soup and Extracts Market Trends

6 India Soup and Extracts Market, By Types

6.1 India Soup and Extracts Market, By Soup Type

6.1.1 Overview and Analysis

6.1.2 India Soup and Extracts Market Revenues & Volume, By Soup Type, 2020-2030F

6.1.3 India Soup and Extracts Market Revenues & Volume, By Dried, 2020-2030F

6.1.4 India Soup and Extracts Market Revenues & Volume, By Wet, 2020-2030F

6.1.5 India Soup and Extracts Market Revenues & Volume, By Canned, 2020-2030F

6.1.6 India Soup and Extracts Market Revenues & Volume, By UHT, 2020-2030F

6.2 India Soup and Extracts Market, By Sources

6.2.1 Overview and Analysis

6.2.2 India Soup and Extracts Market Revenues & Volume, By Spices, 2020-2030F

6.2.3 India Soup and Extracts Market Revenues & Volume, By Herbs, 2020-2030F

6.2.4 India Soup and Extracts Market Revenues & Volume, By Flowers, 2020-2030F

6.2.5 India Soup and Extracts Market Revenues & Volume, By Tea leaves, 2020-2030F

6.3 India Soup and Extracts Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 India Soup and Extracts Market Revenues & Volume, By Supermarkets & Hypermarkets, 2020-2030F

6.3.3 India Soup and Extracts Market Revenues & Volume, By Convenience Stores, 2020-2030F

6.3.4 India Soup and Extracts Market Revenues & Volume, By Online, 2020-2030F

7 India Soup and Extracts Market Import-Export Trade Statistics

7.1 India Soup and Extracts Market Export to Major Countries

7.2 India Soup and Extracts Market Imports from Major Countries

8 India Soup and Extracts Market Key Performance Indicators

9 India Soup and Extracts Market - Opportunity Assessment

9.1 India Soup and Extracts Market Opportunity Assessment, By Soup Type, 2020 & 2030F

9.2 India Soup and Extracts Market Opportunity Assessment, By Sources, 2020 & 2030F

9.3 India Soup and Extracts Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F

10 India Soup and Extracts Market - Competitive Landscape

10.1 India Soup and Extracts Market Revenue Share, By Companies, 2023

10.2 India Soup and Extracts Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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