This Soup report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The soup market size has grown steadily in recent years. It will grow from $16.73 billion in 2024 to $17.36 billion in 2025 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to rise demand for convenient meal, consumer interest in healthier eating habits, aging population, increased easy-to-consume and nutrient-rich foods, increased rate of urbanization.
The soup market size is expected to see steady growth in the next few years. It will grow to $20.6 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to economic growth and stability, plant-based and vegan options, increased interest in global cuisines and fusion foods, growth of online food ordering and delivery services, busy lifestyles. Major trends in the forecast period include technological innovations, packaging innovations, premium and artisanal soups, functional and nutrient-rich soups, customization and personalization options.
The growing demand for convenience food is driving the expansion of the soup market. Convenience food is designed to facilitate easy consumption, catering to modern lifestyles that prioritize delivery and dining out. These foods are typically ready to eat with no additional preparation needed, are easy to transport, and have a long shelf life. As more households embrace convenient food options, soup consumption is expected to increase significantly. For example, a report from the National Association of Convenience Stores (NACS) in April 2024 indicated that total industry foodservice sales - including prepared foods, commissary items, and dispensed beverages - accounted for 26.9% of in-store sales in 2023, up from 25.6% in 2022. Additionally, prepared food sales per store per month grew by 12.2%. Consequently, the rising demand for convenience food is anticipated to further enhance the demand for the soup market throughout the forecast period.
The soup market is set to experience growth due to rising consumer demand for healthier food options. Consumers are increasingly seeking nutritious food products that are low in harmful additives and contribute to overall well-being. Soups are meeting this demand by incorporating nutrient-rich ingredients, minimizing unhealthy additives like excessive sodium, and featuring vegetables, lean proteins, and whole grains. For instance, a survey report by the Food Standards Agency in March 2022 highlighted consumer demand for healthier food offerings in various settings, including takeaways (51%), fast-food restaurants (49%), traditional restaurants and pubs (42%), leisure facilities like cinemas and bowling alleys (41%), and vending machines (35%). This growing preference for healthier food is poised to contribute to the growth of the soup market.
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.
Major players in the soup industry are adopting a strategic partnership approach to introduce innovative flavors, improve distribution, and expand market reach. This approach involves leveraging each other's strengths and resources for mutual benefits. In June 2023, Campbell Soup Company joined forces with The Walt Disney Company to celebrate Disney's 100th anniversary by introducing limited-edition soup and snack products under the Campbell’s and Goldfish brands. Campbell aims to commemorate Disney's centennial milestone with limited-edition tomato soup and Disney Princess soup in a four-pack.
In August 2022, Del Monte Foods, Inc., a U.S.-based food production and distribution company, acquired McCormick & Company for an undisclosed amount. This acquisition is expected to bolster Del Monte Food Inc.'s presence in the American ready-to-use stocks and broths market. McCormick & Company is a U.S.-based company specializing in seasoning mixes, condiments, and other flavoring products.
Major companies operating in the soup market include 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 2024 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 analysis report are Asia-Pacific, 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, Russia, South Korea, UK, and USA.
Soup refers to processed soup products available in canned or packaged liquid form, often served as the initial course of a meal. It is a blend of various ingredients, including meat, poultry, seafood, fish, and vegetables. Additionally, thickening agents and flavor enhancers are incorporated into the soup to give it a thicker consistency and enhance its taste.
The primary types of soup include canned or preserved soup, chilled soup, dehydrated soup, frozen soup, and ultra-high temperature processing (UHT) soup. Canned or preserved soups are condensed soups with a reduced amount of water. The consumer typically adds water or milk to the mixture, which is then cooked. Both vegetarian and non-vegetarian options are packaged in cans, pouches, and various other packaging materials. These products are distributed through supermarkets, hypermarkets, convenience stores, online retail platforms, and other outlets.
The soup market research report is one of a series of new reports that provides soup market statistics, including soup industry global market size, regional shares, competitors with a soup market share, detailed soup market segments, market trends and opportunities, and any further data you may need to thrive in the soup industry. This soup market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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.
This product will be delivered within 3-5 business days.
The soup market size has grown steadily in recent years. It will grow from $16.73 billion in 2024 to $17.36 billion in 2025 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to rise demand for convenient meal, consumer interest in healthier eating habits, aging population, increased easy-to-consume and nutrient-rich foods, increased rate of urbanization.
The soup market size is expected to see steady growth in the next few years. It will grow to $20.6 billion in 2029 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to economic growth and stability, plant-based and vegan options, increased interest in global cuisines and fusion foods, growth of online food ordering and delivery services, busy lifestyles. Major trends in the forecast period include technological innovations, packaging innovations, premium and artisanal soups, functional and nutrient-rich soups, customization and personalization options.
The growing demand for convenience food is driving the expansion of the soup market. Convenience food is designed to facilitate easy consumption, catering to modern lifestyles that prioritize delivery and dining out. These foods are typically ready to eat with no additional preparation needed, are easy to transport, and have a long shelf life. As more households embrace convenient food options, soup consumption is expected to increase significantly. For example, a report from the National Association of Convenience Stores (NACS) in April 2024 indicated that total industry foodservice sales - including prepared foods, commissary items, and dispensed beverages - accounted for 26.9% of in-store sales in 2023, up from 25.6% in 2022. Additionally, prepared food sales per store per month grew by 12.2%. Consequently, the rising demand for convenience food is anticipated to further enhance the demand for the soup market throughout the forecast period.
The soup market is set to experience growth due to rising consumer demand for healthier food options. Consumers are increasingly seeking nutritious food products that are low in harmful additives and contribute to overall well-being. Soups are meeting this demand by incorporating nutrient-rich ingredients, minimizing unhealthy additives like excessive sodium, and featuring vegetables, lean proteins, and whole grains. For instance, a survey report by the Food Standards Agency in March 2022 highlighted consumer demand for healthier food offerings in various settings, including takeaways (51%), fast-food restaurants (49%), traditional restaurants and pubs (42%), leisure facilities like cinemas and bowling alleys (41%), and vending machines (35%). This growing preference for healthier food is poised to contribute to the growth of the soup market.
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.
Major players in the soup industry are adopting a strategic partnership approach to introduce innovative flavors, improve distribution, and expand market reach. This approach involves leveraging each other's strengths and resources for mutual benefits. In June 2023, Campbell Soup Company joined forces with The Walt Disney Company to celebrate Disney's 100th anniversary by introducing limited-edition soup and snack products under the Campbell’s and Goldfish brands. Campbell aims to commemorate Disney's centennial milestone with limited-edition tomato soup and Disney Princess soup in a four-pack.
In August 2022, Del Monte Foods, Inc., a U.S.-based food production and distribution company, acquired McCormick & Company for an undisclosed amount. This acquisition is expected to bolster Del Monte Food Inc.'s presence in the American ready-to-use stocks and broths market. McCormick & Company is a U.S.-based company specializing in seasoning mixes, condiments, and other flavoring products.
Major companies operating in the soup market include 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 2024 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 analysis report are Asia-Pacific, 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, Russia, South Korea, UK, and USA.
Soup refers to processed soup products available in canned or packaged liquid form, often served as the initial course of a meal. It is a blend of various ingredients, including meat, poultry, seafood, fish, and vegetables. Additionally, thickening agents and flavor enhancers are incorporated into the soup to give it a thicker consistency and enhance its taste.
The primary types of soup include canned or preserved soup, chilled soup, dehydrated soup, frozen soup, and ultra-high temperature processing (UHT) soup. Canned or preserved soups are condensed soups with a reduced amount of water. The consumer typically adds water or milk to the mixture, which is then cooked. Both vegetarian and non-vegetarian options are packaged in cans, pouches, and various other packaging materials. These products are distributed through supermarkets, hypermarkets, convenience stores, online retail platforms, and other outlets.
The soup market research report is one of a series of new reports that provides soup market statistics, including soup industry global market size, regional shares, competitors with a soup market share, detailed soup market segments, market trends and opportunities, and any further data you may need to thrive in the soup industry. This soup market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Soup Market Characteristics3. Soup Market Trends and Strategies4. Soup Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Soup Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Soup Market34. Recent Developments in the Soup Market
5. Global Soup Growth Analysis and Strategic Analysis Framework
6. Soup Market Segmentation
7. Soup Market Regional and Country Analysis
8. Asia-Pacific Soup Market
9. China Soup Market
10. India Soup Market
11. Japan Soup Market
12. Australia Soup Market
13. Indonesia Soup Market
14. South Korea Soup Market
15. Western Europe Soup Market
16. UK Soup Market
17. Germany Soup Market
18. France Soup Market
19. Italy Soup Market
20. Spain Soup Market
21. Eastern Europe Soup Market
22. Russia Soup Market
23. North America Soup Market
24. USA Soup Market
25. Canada Soup Market
26. South America Soup Market
27. Brazil Soup Market
28. Middle East Soup Market
29. Africa Soup Market
30. Soup Market Competitive Landscape and Company Profiles
31. Soup Market Other Major and Innovative Companies
35. Soup Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Soup Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on soup market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for soup? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The soup market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Canned/Preserved Soup; Chilled Soup; Dehydrated Soup; Frozen Soup; Ultra-High Temperature Processing (UHT) Soup2) by Category: Vegetarian Soup; Non-Vegetarian Soup
3) by Packaging: Canned; Pouched; Other Packagings
4) by Distribution Channel: Supermarkets and Hypermarkets; Convenience Stores; Online Stores; Other Distribution Channels
Subsegments:
1) by Canned/Preserved Soup: Ready-to-Eat Canned Soup; Condensed Canned Soup2) by Chilled Soup: Fresh Chilled Soup; Ready-to-Eat Chilled Soup
3) by Dehydrated Soup: Instant Soup Mixes; Dry Soup Powders
4) by Frozen Soup: Ready-to-Eat Frozen Soup; Concentrated Frozen Soup
5) by Ultra-High Temperature (UHT) Processing Soup: Ready-to-Serve UHT Soup; Concentrated UHT Soup
Key Companies Mentioned: General Mills Inc.; the Kraft Heinz Company; Campbell Soup Company; Unilever PLC; Baxters Food Group Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Soup market report include:- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 17.36 Billion |
Forecasted Market Value ( USD | $ 20.6 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |
No. of Companies Mentioned | 31 |