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Key regions: United Kingdom, Russia, Philippines, United States, Spain
The Soups Market in Iran has shown subdued growth, affected by factors such as economic instability and cultural preferences for homemade soups. Convenience and health awareness have played a role in the market's growth, driven by the increasing availability of convenient soup options and a growing interest in healthy eating. Overall, the Convenience Food Market in Iran is expected to experience moderate growth in the coming years.
Customer preferences: The convenience and time-saving aspect of soups has made them a popular choice among busy consumers in Iran. However, with increasing health consciousness, there has been a growing demand for healthier and more nutritious soup options. This has led to the emergence of a variety of soups made from organic, locally-sourced ingredients, catering to the preferences of consumers who are looking for more natural and wholesome food options. Additionally, the growing trend of meal-prep and batch cooking has also boosted the demand for soups as a convenient and healthy meal option for individuals and families.
Trends in the market: In Iran, the Convenience Food Market has seen a significant increase in demand for soups, driven by changing consumer preferences and a growing focus on convenience. This trend is expected to continue as busy lifestyles and a desire for quick and easy meals drive the demand for convenient options. Additionally, the rise of e-commerce and online grocery shopping is expected to further boost the demand for packaged soups. These trends have significant implications for industry stakeholders, as companies will need to adapt their product offerings and marketing strategies to meet the evolving demands of consumers.
Local special circumstances: In Iran, the Soups Market of the Convenience Food Market within The Food market is heavily influenced by cultural and religious factors. Due to the majority of the population being Muslim, the market is dominated by halal certified products. Additionally, the government has strict regulations on imported food products, leading to a preference for locally produced soups. The market is also impacted by the country's economic sanctions, resulting in limited options for international brands. These unique factors contribute to the dynamics of the Soups Market in Iran, setting it apart from other markets.
Underlying macroeconomic factors: The Soups Market of the Convenience Food Market within The Food market is impacted by macroeconomic factors such as consumer spending power, economic stability, and government policies. Countries with a strong economy and stable political environment tend to have a higher demand for convenience food products, including soups. On the other hand, countries with economic challenges and unstable governments may experience slower market growth due to reduced consumer purchasing power and limited investment in the food industry. Furthermore, government policies and regulations related to food safety, import/export, and taxation can significantly impact the production and distribution of soups, influencing the overall performance of the market.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)