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Learn moreNov 2019
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Most soup consumed in Spain is prepared from scratch at home using fresh ingredients. However, increasingly busy lifestyles, especially in urban areas, lead consumers to purchase packaged soup more frequently, especially in shelf stable and chilled formats, which can be prepared quickly in a microwave for a nourishing meal.
Dehydrated soup and frozen soup continue to suffer from their low allocation of shelf space and being perceived as less fresh or healthy. However, shelf stable soup continues to perform well, with sales benefiting from its convenience and many new product launches.
Established soup players in Spain are also finding new opportunities to develop their products. Their focus is on producing healthy products, with organic and natural attributes being the drivers of consumption.
Established players in soup are seeing their actual value sales rise but are losing value share as private label widens its offering. In particular, private label player Mercadona SA continues to achieve higher value growth rates than the leading branded manufacturer, The GB Foods SA, due to its high quality, low prices and wide distribution throughout most of Spain.
Chilled soup, which achieved the fastest value growth in 2019, continued to be headed up by branded player Tropicana Alvalle SL. However, Tropicana Alvalle continued to lose value share in 2019 because of growing competition, with more players, both branded and private label, entering chilled soup and widening their product portfolios.
In chilled soup, the value share held by “others” continues to rise as high sales growth year-on-year attracts new niche players. El Corte Inglés is a distributor that puts great emphasis on the introduction of new varieties and more artisanal products.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Soup industry in Spain with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Soup industry in Spain, our research will save you time and money while empowering you to make informed, profitable decisions.
The Soup in Spain market research report includes:
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Why buy this report?
This industry report originates from Passport, our Packaged Food market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.