Soup Market Report 2026

The soup market size has grown steadily in recent years. It will grow from $17.26 billion in 2025 to $17.96 billion in 2026 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to growth in packaged food consumption, expansion of urban lifestyles, rising demand for convenience meals, increased availability of canned and packaged soups, improved food processing capabilities.

The soup market size is expected to see steady growth in the next few years. It will grow to $21.33 billion in 2030 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to increasing preference for healthy and functional soups, rising adoption of plant-based soup formulations, expansion of online grocery sales, growing innovation in packaging formats, increasing focus on sustainable ingredient sourcing. Major trends in the forecast period include increasing demand for ready-to-eat soup products, rising popularity of premium and specialty soups, growing focus on clean-label and natural ingredients, expansion of shelf-stable soup packaging formats, enhanced emphasis on product consistency and quality.

The rising demand for convenience food is driving the growth of the soup market going forward. Convenience food is specifically designed to support modern lifestyles by offering easy consumption options that suit delivery and dine-out habits. These foods are typically ready to eat or require minimal preparation, are easy to transport, and have an extended shelf life. The growing preference for convenience foods is expected to increase soup consumption, as soups are widely consumed by households on a regular basis. For instance, in April 2024, according to a report published by the National Association of Convenience Stores (NACS), a US-based trade association, total industry foodservice sales, including prepared food, commissary items, and dispensed beverages, accounted for 26.9% of in-store sales in 2023, up from 25.6% in 2022, with prepared food sales per store per month rising by 12.2%. Therefore, the increasing demand for convenience food is expected to boost the growth of the soup market during the forecast period.

Major companies in the soup market are prioritizing the introduction of cup soups to meet the rising demand for convenient, ready-to-eat meal options that accommodate busy lifestyles. Cup soups are instant soups packaged in single-serving containers, such as cups or bowls, designed for quick and easy preparation. These soups are often rich in protein and fiber, thanks to the inclusion of various legumes, contributing to a balanced diet. For example, in October 2023, Atlante Srl, an Italy-based company, launched Vitto-branded legume cup soups. These portable cups make it easy to carry and consume the soups anywhere, whether at work or while traveling. Atlante offers a variety of flavors to appeal to different taste preferences, further enhancing the attractiveness of these products. Additionally, the use of natural ingredients without artificial additives aligns with current health trends, making them appealing to health-conscious consumers.

In March 2024, Campbell Soup Company, a US-based food company known for soups and pantry staples, acquired Sovos Brands, Inc. for an undisclosed amount. Through this acquisition, Campbell aims to expand into high-growth premium and convenient food categories by incorporating Sovos Brands’ product portfolio, thereby diversifying beyond its core soup business. Sovos Brands, Inc. is a US-based consumer packaged food company specializing in premium sauces, frozen meals, and yogurt products.

Major companies operating in the soup market are General Mills Inc., The Kraft Heinz Company, Campbell Soup Company, Unilever PLC, Baxters Food Group Limited, Blount Fine Foods Corp., Loblaw Companies Limited, B&G Foods Inc., Conagra Brands Inc., Hain Celestial Group Inc., Kettle Cuisine LLC, Knorr Foods Co Ltd., Nissin Foods Holdings Co Ltd., Pacific Foods of Oregon LLC, Premier Foods Group Ltd., Progresso Foods Inc., The Original Soupman Inc., The Real Soup Company Limited, Trader Joe's Company, Amy's Kitchen Inc., Bear Creek Country Kitchens Inc., Dr. McDougall's Right Foods Inc., Imagine Foods Inc., Kewpie Corporation, Maruchan Inc., Nongshim Co Ltd., Ottogi Co Ltd., Sapporo Holdings Ltd., Toyo Suisan Kaisha Ltd., Wei Chuan Foods Corporation.

North America was the largest region in the soup market in 2025 and is expected to be the fastest-growing region in the soup market share during the forecast period. The regions covered in the soup market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the soup market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The soup market consists of sales of desert soups, broths, cream soups,chowders bisque,veloute. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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