- Instant
- Chilled
- Preserved
- Frozen
- Dehydrated
Soup Market was valued at USD 15,643.9 million in 2022 and is anticipated to grow at a CAGR of 7.2% over 2023-2029. A soup is a liquid or semi-liquid meal produced by blending components including vegetables, meat, fish, beans, grains, and spices in a broth or stock. The soup market refers to the industry engaged in the manufacture, distribution, and consumption of different varieties of soups. They are loved for their nutritious and soothing characteristics and are often served hot. For millennia, soups have been a part of culinary traditions across cultures for. They are valued for their versatility, as they may be customized to suit different tastes, dietary preferences, and nutritional requirements. There are many different types of soups, including handmade soups, ready-to-eat soups, and canned or boxed soups. The ease and time savings associated with soup preparation are one of the main factors driving the soup market. Soups are well-known for being quick and simple to prepare, making them a popular option for people with hectic schedules or little experience in the kitchen. In order to save time and effort in the kitchen, ready-to-eat and canned soups offer a convenient dinner choice that can be easily cooked and enjoyed. Another driver of the soup market is the rising awareness and focus on wellness and healthy eating. Consumers are increasingly looking for soups made with premium ingredients, less salt, preservatives, and artificial additions. Moreover, the expansion of product portfolio to cater to diverse consumer preferences and exploration of regional or ethnic soups present significant opportunities for the manufacturing of further different kinds of soup. However, changing consumer preferences and dietary trends and intense competitions in the soup market make it challenging for the companies to differentiate themselves and gain a significant foothold in the market. Manufacturers are continuously involved in developing and introducing new soup flavors, blends, and recipes to offer a wide range of choices to consumers. For instance, in March 2023, Z Natural Foods launched a new Instant Chicken Bone Broth Soup Base Powder.
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
The change in lifestyle owing to rapid urbanization is the key factor anticipated to drive the growth of the soups market. The change in food habits and adoption towards the ready-to-use food are attributed for the growth of the soups market. The rising awareness among the people regarding the health benefits associated with the consumption of the soups is another factor adding fuel for the growth of the soups market. The availability of the product in various flavors is attracting the consumers, which is likely to boost the growth of the soups market. The continuous introduction of new products by the manufacturers is driving the growth of the market. The increase in health concerns are restricting people from the use of soups owing to the presence of preservatives which affect the health of the individual, is likely to hamper the growth of the soups market.
2022 is the base year and 2029 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
soup market was valued at USD 15,643.9 million in 2022 and is anticipated to grow at a CAGR of 7.2% over 2023-2029.
1. Executive Summary |
2. Global Soup Market Introduction |
2.1. Global Soup Market - Taxonomy |
2.2. Global Soup Market - Definitions |
2.2.1. By Type |
2.2.2. By Category |
2.2.3. By Packaging |
2.2.4. By Distribution Channel |
2.2.5. By Region |
3. Global Soup Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Soup Market Dynamic Factors - Impact Analysis |
3.6. Global Soup Market - Competition Landscape |
4. Global Soup Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Soup Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1. UHT soup |
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Frozen soup |
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Dehydrated soup |
5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Chilled soup |
5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Canned/Preserved soup |
5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Soup Market, By Category, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1. Vegetarian Soup |
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Non-Vegetarian Soup |
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
7. Global Soup Market, By Packaging, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1. Pouched |
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Canned |
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Other Packaging |
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8. Global Soup Market, By Distribution Channel, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.1. Convenience Stores |
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Online Retail Stores |
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Supermarkets/Hypermarkets |
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Others |
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
9. Global Soup Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.1. North America |
9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.1.3. Market Opportunity Analysis |
9.2. Europe |
9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.2.3. Market Opportunity Analysis |
9.3. Asia-Pacific |
9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.3.3. Market Opportunity Analysis |
9.4. Latin America |
9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.4.3. Market Opportunity Analysis |
9.5. Middle East and Africa |
9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
9.5.3. Market Opportunity Analysis |
9.6. Global Soup Market - Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Region, 2023 - 2029 |
10. North America Soup Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
10.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.1.1. UHT soup |
10.1.2. Frozen soup |
10.1.3. Dehydrated soup |
10.1.4. Chilled soup |
10.1.5. Canned/Preserved soup |
10.2. Category Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
10.2.1. Vegetarian Soup |
10.2.2. Non-Vegetarian Soup |
10.3. Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Pouched |
10.3.2. Canned |
10.3.3. Other Packaging |
10.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
10.4.1. Convenience Stores |
10.4.2. Online Retail Stores |
10.4.3. Supermarkets/Hypermarkets |
10.4.4. Others |
10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
10.5.1. USA |
10.5.2. Canada |
10.6. North America Soup Market - Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2023 - 2029 |
10.7. North America Soup Market Dynamics - Trends |
11. Europe Soup Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
11.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.1.1. UHT soup |
11.1.2. Frozen soup |
11.1.3. Dehydrated soup |
11.1.4. Chilled soup |
11.1.5. Canned/Preserved soup |
11.2. Category Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
11.2.1. Vegetarian Soup |
11.2.2. Non-Vegetarian Soup |
11.3. Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Pouched |
11.3.2. Canned |
11.3.3. Other Packaging |
11.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
11.4.1. Convenience Stores |
11.4.2. Online Retail Stores |
11.4.3. Supermarkets/Hypermarkets |
11.4.4. Others |
11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
11.5.1. Germany |
11.5.2. UK |
11.5.3. France |
11.5.4. Spain |
11.5.5. Italy |
11.5.6. Russia |
11.5.7. Rest of Europe |
11.6. Europe Soup Market - Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2023 - 2029 |
11.7. Europe Soup Market Dynamics - Trends |
12. Asia-Pacific Soup Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
12.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.1.1. UHT soup |
12.1.2. Frozen soup |
12.1.3. Dehydrated soup |
12.1.4. Chilled soup |
12.1.5. Canned/Preserved soup |
12.2. Category Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
12.2.1. Vegetarian Soup |
12.2.2. Non-Vegetarian Soup |
12.3. Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Pouched |
12.3.2. Canned |
12.3.3. Other Packaging |
12.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
12.4.1. Convenience Stores |
12.4.2. Online Retail Stores |
12.4.3. Supermarkets/Hypermarkets |
12.4.4. Others |
12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
12.5.1. China |
12.5.2. India |
12.5.3. Japan |
12.5.4. ASEAN |
12.5.5. Australia & New Zealand |
12.5.6. Rest of Asia-Pacific |
12.6. Asia-Pacific Soup Market - Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2023 - 2029 |
12.7. Asia-Pacific Soup Market Dynamics - Trends |
13. Latin America Soup Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
13.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.1.1. UHT soup |
13.1.2. Frozen soup |
13.1.3. Dehydrated soup |
13.1.4. Chilled soup |
13.1.5. Canned/Preserved soup |
13.2. Category Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
13.2.1. Vegetarian Soup |
13.2.2. Non-Vegetarian Soup |
13.3. Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.3.1. Pouched |
13.3.2. Canned |
13.3.3. Other Packaging |
13.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
13.4.1. Convenience Stores |
13.4.2. Online Retail Stores |
13.4.3. Supermarkets/Hypermarkets |
13.4.4. Others |
13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
13.5.1. Brazil |
13.5.2. Mexico |
13.5.3. Rest of Latin America |
13.6. Latin America Soup Market - Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2023 - 2029 |
13.7. Latin America Soup Market Dynamics - Trends |
14. Middle East and Africa Soup Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
14.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.1.1. UHT soup |
14.1.2. Frozen soup |
14.1.3. Dehydrated soup |
14.1.4. Chilled soup |
14.1.5. Canned/Preserved soup |
14.2. Category Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
14.2.1. Vegetarian Soup |
14.2.2. Non-Vegetarian Soup |
14.3. Packaging Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.3.1. Pouched |
14.3.2. Canned |
14.3.3. Other Packaging |
14.4. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
14.4.1. Convenience Stores |
14.4.2. Online Retail Stores |
14.4.3. Supermarkets/Hypermarkets |
14.4.4. Others |
14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
14.5.1. Gulf Cooperation Council (GCC) Countries |
14.5.2. South Africa |
14.5.3. Rest of MEA |
14.6. MEA Soup Market - Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2023 - 2029 |
14.7. MEA Soup Market Dynamics - Trends |
15. Competition Landscape |
15.1. Strategic Dashboard of Top Market Players |
15.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis) |
15.2.1. The Campbell Soup Company |
15.2.2. Unilever |
15.2.3. Nestlé S.A |
15.2.4. The Kraft Heinz Company |
15.2.5. Premier Foods Group Limited |
15.2.6. Ottogi Co., Ltd |
15.2.7. General Mills, Inc |
15.2.8. Conagra Brands, Inc. |
15.2.9. Baxters Food Group Limited |
15.2.10. Bear Creek Country Kitchens LLC. |
15.2.11. Gbfoods |
16. Research Methodology |
17. Key Assumptions and Acronyms |