Key Highlights
- The soups market consists of the retail sale of ambient soup, dried soup (mixes), chilled soup, UHT soup and frozen soup products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The Australian Soups market had total revenues of $463.8 million in 2023, representing a compound annual growth rate (CAGR) of 6.8% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1.9% between 2018 and 2023, to reach a total of 54.4 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.6% for the five-year period 2023-28, which is expected to drive the market to a value of $554.6 million by the end of 2028.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the soups market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in Australia
- Leading company profiles reveal details of key soups market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia soups market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Australia soups market by value in 2023?
- What will be the size of the Australia soups market in 2028?
- What factors are affecting the strength of competition in the Australia soups market?
- How has the market performed over the last five years?
- Who are the top competitors in Australia's soups market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Campbell Soup Company
- The Kraft Heinz Co
- Nestle SA
- Unilever Plc.