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Country Report

Soup in

Soup in the Czech Republic

Nov 2020

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

2020 IMPACT

Soup benefits from its profile as a healthy, affordable and convenient meal option in economically straitened times

Quarantine and the closure of foodservice establishments in the Czech Republic during the COVID-19 pandemic is expected to have a positive impact on soup consumption, with retail volume and current value sales set to increase in 2020 as a result. Soup is relatively healthy, cheap and quick to prepare, and it therefore has broad appeal with consumers in economically straitened times.

Manufacturers respond to increasing interest in chilled and shelf stable soup with new flavours and innovation

Chilled soup is expected to record the strongest growth in this product area in 2020, thanks to its healthy image and convenience as an inexpensive meal option. Manufacturers have been quick to respond to this rising demand by expanding their ranges and introducing novel recipes, such as Tesco’s own pumpkin with cream flavour.

Instant and dehydrated soup sees short-term benefit from stockpiling, quarantine and local camping vacations during lockdown

Despite having limited appeal under normal circumstance, instant and dehydrated soup are set to receive a short -term boost from stockpiling and quarantine measures during lockdown, with both types of soup expected to record growth in both retail current value and volume terms. Many Czech households enjoy camping and with travel restrictions in place during most of 2020, local vacations to campsites are often seen as synonymous with consuming dehydrated and instant soup, which is lightweight, quick to prepare and easy to store.

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Soup Market Sample Report Soup Market Sample Data

Overview

Why buy this report?

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.

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Overview

Discover the latest market trends and uncover sources of future market growth for the Soup industry in Czech Republic 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 Czech Republic, our research will save you time and money while empowering you to make informed, profitable decisions.

The Soup in Czech Republic market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Soup in Czech Republic?
What are the major brands in Czech Republic?
Will retail sales suffer as economic prospects improve and consumers move back to eating out rather than eating at home?
Are consumers moving from traditionally canned and dehydrated variants to more innovative chilled, frozen and UHT formats?

Why buy this report?

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

This industry report originates from Passport, our Packaged Food market research database.

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Soup in the Czech Republic - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Soup benefits from its profile as a healthy, affordable and convenient meal option in economically straitened times

Manufacturers respond to increasing interest in chilled and shelf stable soup with new flavours and innovation

Instant and dehydrated soup sees short-term benefit from stockpiling, quarantine and local camping vacations during lockdown

RECOVERY AND OPPORTUNITIES

Soup will see growth in retail current value terms but volume growth will flatline as foodservice makes some recovery

Despite an anticipated brief revival, the long-term outlook for frozen soup is gloomy, but chilled soup will maintain its appeal as a fresh, health option

Promotional offers and innovation will become more visible as manufacturers and retailers respond to a growing health and wellness trend in a gloomy economic climate

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

Packaged Food in the Czech Republic - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Leading foodservice suppliers see drastic reductions in sales in March, with on-trade reviving to a degree during summer
Takeaway trends during lockdown inspire consumer interest in international cuisine
Sweet snacks see stronger declines due to being non-essential, whilst ice cream gets a summer boost after the wane

Consumer Foodservice

COVID-19 conditions in 2020 erode the positive growth seen in consumer foodservice in 2019
Foodservice players invest in online ordering, home delivery and takeaway options, to meet growing consumer demand and prepare for unexpected future conditions
Foodservice operators continue to face challenges, as players adapt to meet the changing environment

Category Data

Chart 1 Packaged Food Value Sales Growth Scenarios: 2018-2025
Chart 2 Packaged Food Impact of Drivers on Value Sales: 2017-2025
Table 13 Foodservice Sales of Packaged Food by Category: Volume 2015-2020
Table 14 Foodservice Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 15 Forecast Foodservice Sales of Packaged Food by Category: Volume 2020-2025
Table 16 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2020-2025

MARKET DATA

Table 17 Sales of Packaged Food by Category: Volume 2015-2020
Table 18 Sales of Packaged Food by Category: Value 2015-2020
Table 19 Sales of Packaged Food by Category: % Volume Growth 2015-2020
Table 20 Sales of Packaged Food by Category: % Value Growth 2015-2020
Table 21 GBO Company Shares of Packaged Food: % Value 2016-2020
Table 22 NBO Company Shares of Packaged Food: % Value 2016-2020
Table 23 LBN Brand Shares of Packaged Food: % Value 2017-2020
Table 24 Penetration of Private Label by Category: % Value 2015-2020
Table 25 Distribution of Packaged Food by Format: % Value 2015-2020
Table 26 Distribution of Packaged Food by Format and Category: % Value 2020
Table 27 Forecast Sales of Packaged Food by Category: Volume 2020-2025
Table 28 Forecast Sales of Packaged Food by Category: Value 2020-2025
Table 29 Forecast Sales of Packaged Food by Category: % Volume Growth 2020-2025
Table 30 Forecast Sales of Packaged Food by Category: % Value Growth 2020-2025

Megatrends

Country Report

Soup in the Czech Republic

New Report Guarantee

Executive Summary

New Report Guarantee

2020 IMPACT

Soup benefits from its profile as a healthy, affordable and convenient meal option in economically straitened times

Manufacturers respond to increasing interest in chilled and shelf stable soup with new flavours and innovation

Instant and dehydrated soup sees short-term benefit from stockpiling, quarantine and local camping vacations during lockdown

Samples

Overview

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Table of Contents

Soup in the Czech Republic - Category analysis

KEY DATA FINDINGS

2020 IMPACT

Soup benefits from its profile as a healthy, affordable and convenient meal option in economically straitened times

Manufacturers respond to increasing interest in chilled and shelf stable soup with new flavours and innovation

Instant and dehydrated soup sees short-term benefit from stockpiling, quarantine and local camping vacations during lockdown

RECOVERY AND OPPORTUNITIES

Soup will see growth in retail current value terms but volume growth will flatline as foodservice makes some recovery

Despite an anticipated brief revival, the long-term outlook for frozen soup is gloomy, but chilled soup will maintain its appeal as a fresh, health option

Promotional offers and innovation will become more visible as manufacturers and retailers respond to a growing health and wellness trend in a gloomy economic climate

CATEGORY DATA

Packaged Food in the Czech Republic - Industry Overview

EXECUTIVE SUMMARY

COVID-19 impact on packaged food

COVID-19 country impact

Company response

Retailing shift

Foodservice vs retail split

What next for packaged food?

FOODSERVICE

Sales to Foodservice

Consumer Foodservice

Category Data

MARKET DATA

GLOBAL MACROECONOMIC ENVIRONMENT

GLOBAL INDUSTRY ENVIRONMENT

DISCLAIMER

SOURCES

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