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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.
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.
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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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:
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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.