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Soup Market 2023-2027

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    Report

  • 165 Pages
  • April 2023
  • Region: Global
  • TechNavio
  • ID: 5681446
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The soup market is forecast to grow by USD 4,453.9 million during 2022-2027, accelerating at a CAGR of 4.37% during the forecast period. This report on the soup market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by new product launches, growing preference for convenience food products in working population, and evolving retail landscape.

The analyst's soup market is segmented as below:

By Distribution Channel

  • Offline
  • Online

By Product

  • Dried
  • Canned
  • UTH
  • Other

By Geographical Landscape

  • Europe
  • North America
  • APAC
  • Middle East and Africa
  • South America
This study identifies the rising number of promotional and marketing activities as one of the prime reasons driving the soup market growth during the next few years. Also, the rising trend of plant-based diets and packaging-related innovations will lead to sizable demand in the market.

This report on the soup market covers the following areas:

  • Soup market sizing
  • Soup market forecast
  • Soup market industry analysis
The analyst's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading soup market vendors that include Amys Kitchen Inc., B and G Foods Inc., Baxters Food Group Ltd., Blount Fine Foods, Conagra Brands Inc., DR KELLYANN LLC, Frontier Soups, General Mills Inc., Kettle and Fire Inc, Nestle SA, Ottogi Co. Ltd., Premier Foods Plc, Savory Creations International Inc., The Hain Celestial Group Inc., The Kraft Heinz Co., The Kroger Co., Tideford Organic Foods Ltd., Trader Joes, Unilever PLC, and Campbell Soup Co. Also, the soup market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Exhibit 01: Executive Summary - Chart on Market Overview
  • Exhibit 02: Executive Summary - Data Table on Market Overview
  • Exhibit 03: Executive Summary - Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
  • Exhibit 06: Executive Summary - Chart on Market Segmentation by Product
  • Exhibit 07: Executive Summary - Chart on Incremental Growth
  • Exhibit 08: Executive Summary - Data Table on Incremental Growth
  • Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
  • Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
  • Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
  • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
  • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global soup market 2017 - 2021
  • Exhibit 18: Historic Market Size - Data Table on Global soup market 2017 - 2021 ($ million)
4.2 Distribution Channel Segment Analysis 2017 - 2021
  • Exhibit 19: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ million)
4.3 Product Segment Analysis 2017 - 2021
  • Exhibit 20: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
  • Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
  • Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
  • Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
  • Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
  • Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
  • Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
  • Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
  • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Distribution Channel
6.1 Market segments
  • Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
6.2 Comparison by Distribution Channel
  • Exhibit 32: Chart on Comparison by Distribution Channel
  • Exhibit 33: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2022-2027
  • Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
  • Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
  • Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
6.4 Online - Market size and forecast 2022-2027
  • Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
  • Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
  • Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Distribution Channel
  • Exhibit 42: Market opportunity by Distribution Channel ($ million)
  • Exhibit 43: Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Product
7.1 Market segments
  • Exhibit 44: Chart on Product - Market share 2022-2027 (%)
  • Exhibit 45: Data Table on Product - Market share 2022-2027 (%)
7.2 Comparison by Product
  • Exhibit 46: Chart on Comparison by Product
  • Exhibit 47: Data Table on Comparison by Product
7.3 Dried - Market size and forecast 2022-2027
  • Exhibit 48: Chart on Dried - Market size and forecast 2022-2027 ($ million)
  • Exhibit 49: Data Table on Dried - Market size and forecast 2022-2027 ($ million)
  • Exhibit 50: Chart on Dried - Year-over-year growth 2022-2027 (%)
  • Exhibit 51: Data Table on Dried - Year-over-year growth 2022-2027 (%)
7.4 Canned - Market size and forecast 2022-2027
  • Exhibit 52: Chart on Canned - Market size and forecast 2022-2027 ($ million)
  • Exhibit 53: Data Table on Canned - Market size and forecast 2022-2027 ($ million)
  • Exhibit 54: Chart on Canned - Year-over-year growth 2022-2027 (%)
  • Exhibit 55: Data Table on Canned - Year-over-year growth 2022-2027 (%)
7.5 UTH - Market size and forecast 2022-2027
  • Exhibit 56: Chart on UTH - Market size and forecast 2022-2027 ($ million)
  • Exhibit 57: Data Table on UTH - Market size and forecast 2022-2027 ($ million)
  • Exhibit 58: Chart on UTH - Year-over-year growth 2022-2027 (%)
  • Exhibit 59: Data Table on UTH - Year-over-year growth 2022-2027 (%)
7.6 Other - Market size and forecast 2022-2027
  • Exhibit 60: Chart on Other - Market size and forecast 2022-2027 ($ million)
  • Exhibit 61: Data Table on Other - Market size and forecast 2022-2027 ($ million)
  • Exhibit 62: Chart on Other - Year-over-year growth 2022-2027 (%)
  • Exhibit 63: Data Table on Other - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Product
  • Exhibit 64: Market opportunity by Product ($ million)
  • Exhibit 65: Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Exhibit 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
  • Exhibit 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
  • Exhibit 69: Chart on Geographic comparison
  • Exhibit 70: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
  • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
  • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
  • Exhibit 79: Chart on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 80: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  • Exhibit 81: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 82: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
  • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
  • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
  • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
  • Exhibit 91: Chart on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 92: Data Table on US - Market size and forecast 2022-2027 ($ million)
  • Exhibit 93: Chart on US - Year-over-year growth 2022-2027 (%)
  • Exhibit 94: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Germany - Market size and forecast 2022-2027
  • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
  • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
  • Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
  • Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
  • Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 Italy - Market size and forecast 2022-2027
  • Exhibit 103: Chart on Italy - Market size and forecast 2022-2027 ($ million)
  • Exhibit 104: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
  • Exhibit 105: Chart on Italy - Year-over-year growth 2022-2027 (%)
  • Exhibit 106: Data Table on Italy - Year-over-year growth 2022-2027 (%)
9.12 India - Market size and forecast 2022-2027
  • Exhibit 107: Chart on India - Market size and forecast 2022-2027 ($ million)
  • Exhibit 108: Data Table on India - Market size and forecast 2022-2027 ($ million)
  • Exhibit 109: Chart on India - Year-over-year growth 2022-2027 (%)
  • Exhibit 110: Data Table on India - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
  • Exhibit 111: Market opportunity By Geographical Landscape ($ million)
  • Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
  • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
  • Exhibit 115: Overview on factors of disruption
11.4 Industry risks
  • Exhibit 116: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
  • Exhibit 117: Vendors covered
12.2 Market positioning of vendors
  • Exhibit 118: Matrix on vendor position and classification
12.3 Amys Kitchen Inc.
  • Exhibit 119: Amys Kitchen Inc. - Overview
  • Exhibit 120: Amys Kitchen Inc. - Product / Service
  • Exhibit 121: Amys Kitchen Inc. - Key offerings
12.4 B and G Foods Inc.
  • Exhibit 122: B and G Foods Inc. - Overview
  • Exhibit 123: B and G Foods Inc. - Product / Service
  • Exhibit 124: B and G Foods Inc. - Key offerings
12.5 Baxters Food Group Ltd.
  • Exhibit 125: Baxters Food Group Ltd. - Overview
  • Exhibit 126: Baxters Food Group Ltd. - Product / Service
  • Exhibit 127: Baxters Food Group Ltd. - Key offerings
12.6 Blount Fine Foods
  • Exhibit 128: Blount Fine Foods - Overview
  • Exhibit 129: Blount Fine Foods - Product / Service
  • Exhibit 130: Blount Fine Foods - Key offerings
12.7 Campbell Soup Co.
  • Exhibit 131: Campbell Soup Co. - Overview
  • Exhibit 132: Campbell Soup Co. - Business segments
  • Exhibit 133: Campbell Soup Co. - Key offerings
  • Exhibit 134: Campbell Soup Co. - Segment focus
12.8 Conagra Brands Inc.
  • Exhibit 135: Conagra Brands Inc. - Overview
  • Exhibit 136: Conagra Brands Inc. - Business segments
  • Exhibit 137: Conagra Brands Inc. - Key news
  • Exhibit 138: Conagra Brands Inc. - Key offerings
  • Exhibit 139: Conagra Brands Inc. - Segment focus
12.9 DR KELLYANN LLC
  • Exhibit 140: DR KELLYANN LLC - Overview
  • Exhibit 141: DR KELLYANN LLC - Product / Service
  • Exhibit 142: DR KELLYANN LLC - Key offerings
12.10 General Mills Inc.
  • Exhibit 143: General Mills Inc. - Overview
  • Exhibit 144: General Mills Inc. - Business segments
  • Exhibit 145: General Mills Inc. - Key news
  • Exhibit 146: General Mills Inc. - Key offerings
  • Exhibit 147: General Mills Inc. - Segment focus
12.11 Kettle and Fire Inc
  • Exhibit 148: Kettle and Fire Inc - Overview
  • Exhibit 149: Kettle and Fire Inc - Product / Service
  • Exhibit 150: Kettle and Fire Inc - Key offerings
12.12 Nestle SA
  • Exhibit 151: Nestle SA - Overview
  • Exhibit 152: Nestle SA - Business segments
  • Exhibit 153: Nestle SA - Key news
  • Exhibit 154: Nestle SA - Key offerings
  • Exhibit 155: Nestle SA - Segment focus
12.13 Ottogi Co. Ltd.
  • Exhibit 156: Ottogi Co. Ltd. - Overview
  • Exhibit 157: Ottogi Co. Ltd. - Product / Service
  • Exhibit 158: Ottogi Co. Ltd. - Key offerings
12.14 Savory Creations International Inc.
  • Exhibit 159: Savory Creations International Inc. - Overview
  • Exhibit 160: Savory Creations International Inc. - Product / Service
  • Exhibit 161: Savory Creations International Inc. - Key offerings
12.15 The Kraft Heinz Co.
  • Exhibit 162: The Kraft Heinz Co. - Overview
  • Exhibit 163: The Kraft Heinz Co. - Business segments
  • Exhibit 164: The Kraft Heinz Co. - Key offerings
  • Exhibit 165: The Kraft Heinz Co. - Segment focus
12.16 The Kroger Co.
  • Exhibit 166: The Kroger Co. - Overview
  • Exhibit 167: The Kroger Co. - Product / Service
  • Exhibit 168: The Kroger Co. - Key offerings
12.17 Unilever PLC
  • Exhibit 169: Unilever PLC - Overview
  • Exhibit 170: Unilever PLC - Business segments
  • Exhibit 171: Unilever PLC - Key news
  • Exhibit 172: Unilever PLC - Key offerings
  • Exhibit 173: Unilever PLC - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Exhibit 174: Inclusions checklist
  • Exhibit 175: Exclusions checklist
13.3 Currency conversion rates for US$
  • Exhibit 176: Currency conversion rates for US$
13.4 Research methodology
  • Exhibit 177: Research methodology
  • Exhibit 178: Validation techniques employed for market sizing
  • Exhibit 179: Information sources
13.5 List of abbreviations
  • Exhibit 180: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global soup market: Amys Kitchen Inc., B and G Foods Inc., Baxters Food Group Ltd., Blount Fine Foods, Conagra Brands Inc., DR KELLYANN LLC, Frontier Soups, General Mills Inc., Kettle and Fire Inc, Nestle SA, Ottogi Co. Ltd., Premier Foods Plc, Savory Creations International Inc., The Hain Celestial Group Inc., The Kraft Heinz Co., The Kroger Co., Tideford Organic Foods Ltd., Trader Joes, Unilever PLC, and Campbell Soup Co.

Commenting on the report, one of the analysts from the research team said: "The latest trend gaining momentum in the market is the rising number of promotional and marketing activities."

According to the report, one of the major drivers for this market is the new product launches.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

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

  • Amys Kitchen Inc.
  • B and G Foods Inc.
  • Baxters Food Group Ltd.
  • Blount Fine Foods
  • Conagra Brands Inc.
  • DR KELLYANN LLC
  • Frontier Soups
  • General Mills Inc.
  • Kettle and Fire Inc
  • Nestle SA
  • Ottogi Co. Ltd.
  • Premier Foods Plc
  • Savory Creations International Inc.
  • The Hain Celestial Group Inc.
  • The Kraft Heinz Co.
  • The Kroger Co.
  • Tideford Organic Foods Ltd.
  • Trader Joes
  • Unilever PLC
  • Campbell Soup Co.