Ready to serve wet soup to be leading product type
The growing demand for all-natural, fresh, and nutritious soups among populations world over is a key factor driving the organic soups market, according to a recent report from Transparency Market Research. The intensifying demand for gluten-free and non-genetically modified foods among health-conscious consumers is crucial factor boosting the sale of organic soups in various parts of the world. The soaring popularity of packaged soups that score high on the troika of health, flavor, and convenience is a prominent trend stoking the demand for organic soups in the soup market. Furthermore, the demand for ready to serve wet soups is gaining traction among consumers in various regions, thereby catalyzing the growth of the market.
The global organic soups market was valued at $1,895.5 million in 2017 and is projected to reach a valuation of $2,497.8 million by 2022 end. Witnessing profound potential in the food retail sector in various regions, the market is estimated to expand at a CAGR of 5.7% during the forecast period of 2017-2022.