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Soups in Canada

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    Report

  • 42 Pages
  • August 2024
  • Region: Canada
  • MarketLine
  • ID: 6018205
Description Jump to:
Soups in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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 Canadian Soups market had total revenues of $828.8 million in 2023, representing a compound annual growth rate (CAGR) of 6.2% between 2018 and 2023.
  • Market consumption volume increased with a CAGR of 2.6% between 2018 and 2023, to reach a total of 148.3 million kilograms in 2023.
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 5.7% for the five-year period 2023-28, which is expected to drive the market to a value of $1.09 billion 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 Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in Canada
  • 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 Canada soups market with five year forecasts

Reasons to Buy

  • What was the size of the Canada soups market by value in 2023?
  • What will be the size of the Canada soups market in 2028?
  • What factors are affecting the strength of competition in the Canada soups market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Canada's soups market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Canadian soups market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
7.4. Which companies market shares have suffered in the last 5 years (2018-2023)?
7.5. What are the most popular brands in the Canadian soups market?
8 Company Profiles
8.1. Baxters Food Group Ltd
8.2. Unilever Plc.
8.3. Campbell Soup Company
8.4. Commensal Canada Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Canada soups market value: $ million, 2018-23
Table 2: Canada soups market volume: million kilograms, 2018-23
Table 3: Canada soups market category segmentation: % share, by value, 2018-2023
Table 4: Canada soups market category segmentation: $ million, 2018-2023
Table 5: Canada soups market geography segmentation: $ million, 2023
Table 6: Canada soups market distribution: % share, by value, 2023
Table 7: Canada soups market value forecast: $ million, 2023-28
Table 8: Canada soups market volume forecast: million kilograms, 2023-28
Table 9: Canada soups market share: % share, by value, 2023
Table 10: Baxters Food Group Ltd: key facts
Table 11: Baxters Food Group Ltd: Key Employees
Table 12: Unilever Plc.: key facts
Table 13: Unilever Plc.: Annual Financial Ratios
Table 14: Unilever Plc.: Key Employees
Table 15: Campbell Soup Company: key facts
Table 16: Campbell Soup Company: Annual Financial Ratios
Table 17: Campbell Soup Company: Key Employees
Table 18: Campbell Soup Company: Key Employees Continued
Table 19: Commensal Canada Inc: key facts
Table 20: Canada size of population (million), 2019-23
Table 21: Canada real gdp (constant 2010 prices, $ billion), 2019-23
Table 22: Canada gdp (current prices, $ billion), 2019-23
Table 23: Canada inflation, 2019-23
Table 24: Canada consumer price index (absolute), 2019-23
Table 25: Canada exchange rate, 2018-23
List of Figures
Figure 1: Canada soups market value: $ million, 2018-23
Figure 2: Canada soups market volume: million kilograms, 2018-23
Figure 3: Canada soups market category segmentation: $ million, 2018-2023
Figure 4: Canada soups market geography segmentation: % share, by value, 2023
Figure 5: Canada soups market distribution: % share, by value, 2023
Figure 6: Canada soups market value forecast: $ million, 2023-28
Figure 7: Canada soups market volume forecast: million kilograms, 2023-28
Figure 8: Forces driving competition in the soups market in Canada, 2023
Figure 9: Drivers of buyer power in the soups market in Canada, 2023
Figure 10: Drivers of supplier power in the soups market in Canada, 2023
Figure 11: Factors influencing the likelihood of new entrants in the soups market in Canada, 2023
Figure 12: Factors influencing the threat of substitutes in the soups market in Canada, 2023
Figure 13: Drivers of degree of rivalry in the soups market in Canada, 2023
Figure 14: Canada soups market share: % share, by value, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Baxters Food Group Ltd
  • Unilever Plc.
  • Campbell Soup Company
  • Commensal Canada Inc

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About the Soup Market

The Soup market is a segment of the food industry that focuses on the production and sale of soups. Soup is a liquid food that is typically made by combining ingredients such as vegetables, meat, fish, and spices in a stock or broth. It is often served as a starter or main course, and can be served hot or cold. The Soup market is a highly competitive industry, with many companies vying for a share of the market. Some of the major players in the Soup market include Campbell Soup Company, Nestle, Unilever, Conagra Brands, and General Mills. These companies produce a wide variety of soups, ranging from traditional recipes to more innovative flavors. Additionally, many of these companies have invested in research and development to create new products and flavors. Other companies in the Soup market include Amy's Kitchen, Progresso, Pacific Foods, and Wolfgang Puck. These companies specialize in organic and natural soups, as well as vegan and vegetarian options. Additionally, many of these companies offer a variety of flavors and varieties, such as chunky, creamy, and broth-based soups. Show Less Read more

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