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Consumer and Market Insights: Soup Market in Greece

  • August 2015
  • -
  • GlobalData
  • -
  • 43 pages

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Summary
The Greek Soup market is forecast to grow at a higher rate in both value and volume terms during 2014-2019 compared to 2009-2014. Dried Soup is the largest category both in value and volume terms and is forecast to register the fastest growth during 2014-2019. Majority of the packaged Soup products in the country are sold through Hypermarkets and Supermarkets.

Key Findings
- Of the five categories analyzed, Dried Soup (mixes) will remain the largest as well as fastest growth category, registering a CAGR of 3.3% during 2009-2019

- Hypermarkets and Supermarkets is the leading distribution channel in the Greek Food market accounting for 54.6% of distribution in 2014

- The use of Rigid Plastics for packaging Soup is forecast to grow at a CAGR of 1.9% during 2014-2019

- Knorr brand in Unilever Plc has dominant share of 72.5% in the Dried Soup (mixes) category

Synopsis
The report on the Soup market in Greece provides insights on high growth categories to target, trends in the usage of packaging materials, types, closures, and information on category level distribution and brands market shares.

What else is contained?

- Market data: Overall market value and volume data with growth analysis for 2014-2019

- Category coverage: Value and growth analysis for Ambient Soup, Dried Soup (mixes), UHT Soup, Chilled Soup and Frozen Soup, with inputs on individual segment share within each category and the change in their market share forecast for 2014-2019

- Leading players: Market share of brands and private labels, private label growth analysis during 2011-2014

- Distribution data: Value shares within each category through channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and more

- Packaging data: usage of different packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging materials: flexible packaging, rigid plastics, rigid metal and others; containers: tray, tub, foil and others

Reasons To Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

- Existing and new players can analyse key distribution channels to identify and evaluate trends and opportunities

- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning

- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion

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