Dried Soup Global Market Report 2024

The dried soup market size has grown strongly in recent years. It will grow from $2.91 billion in 2023 to $3.12 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth during the historical period can be attributed to several factors, the convenience and ease of preparation, consumers' heightened awareness of health and wellness, the introduction of a diverse range of flavors and varieties, the rise of e-commerce platforms, and the increased demand for non-perishable, easy-to-store food products.

The dried soup market size is expected to see strong growth in the next few years. It will grow to $4.18 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to sustainability and eco-friendly packaging, technological advancements in food processing, rising health consciousness, expansion into emerging markets, and increased marketing and promotional efforts. Key trends in the forecast period include higher demand for organic ingredients, innovative packaging for convenience, the rising popularity of global flavors, expansion in online sales, a focus on health and wellness benefits, and a growing consumer preference for clean-label products.

The increasing demand for convenience and ready-to-eat food products is expected to drive the growth of the dried soup market in the future. Convenience and ready-to-eat foods are pre-prepared meals or snacks that can be quickly and easily consumed with minimal or no cooking. This trend reflects a societal preference for quick meal solutions due to changing lifestyles and increased urbanization. Dried soup, as a convenient and ready-to-eat food product, requires only the addition of hot water or broth for quick consumption. For example, in October 2023, Agriculture and Agri-Food Canada (AAFC) reported that exports of processed food and beverage products reached an all-time high of $54.3 billion in 2022, a 14.1% increase compared to 2021, representing 34.7% of the total production value. Therefore, the growing demand for convenience and ready-to-eat foods will propel the dried soup market.

Leading companies in the dried soup market are introducing innovative products, such as dried vegetable soups, to boost market growth and diversification. These soups are ready-to-eat products made primarily from dehydrated vegetables. For example, in July 2022, Maya Kaimal Foods LLC, a US-based food and beverage manufacturer, launched a variety of vegan dried soups in four flavors, spiced lentil, creamy spiced butternut, tomato and warm spices, and creamy chickpea. These plant-based soups are available in a ready-to-use format.

In March 2024, Campbell Soup Company, a US-based food and beverage manufacturer, acquired Sovos Brands Inc. for $2.7 billion. This acquisition expands Campbell's meals and beverages portfolio to include popular brands such as Rao's Sauce, Michael Angelo's, and Noosa, thereby enhancing its market presence. Sovos Brands Inc. is a US-based food and beverage company that produces dried soups.

Major companies operating in the dried soup market are The Kroger Co, Nestlé S.A., Unilever PLC, H. J. Heinz Company, General Mills Inc., Trader Joe's Company Inc., Campbell Soup Co., McCormick & Company, Nissin Food Products Co. Ltd., Del Monte Foods Inc., Bob's Red Mill Natural Foods Inc., Maruchan Inc., Tabatchnick Fine Foods Inc., Harvest Right LLC, Dr. McDougall's Right Foods Inc., Mother Earth Products, Cooke Tavern Ltd., Bear Creek Country Kitchens LLC, Brodo Company, Harmony House Foods Inc., Anderson House Foods.

North America was the largest region in the dried soup market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dried soup market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the dried soup market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Dried soup comprises a packaged blend of dehydrated ingredients such as vegetables, noodles, herbs, and spices, designed to be rehydrated with water for a quick and convenient soup. Renowned for their extended shelf life, ease of preparation, and versatility, these mixes are often favored as a convenient meal choice for camping, hiking, or emergencies.

The primary products in the dried soup category include dehydrated dried soups and instant dried soups. Dehydrated dried soups are soup products from which moisture has been removed, typically through drying methods, enabling prolonged shelf life and easy reconstitution by adding water or other liquids. They are available in various packaging formats such as pouches, cups, and boxes, and are distributed through supermarkets, hypermarkets, convenience stores, grocery stores, online retail platforms, and other channels.

The dried soup research report is one of a series of new reports that provides dried soup market statistics, including the dried soup industry's global market size, regional shares, competitors with a dried soup market share, detailed dried soup market segments, market trends and opportunities, and any further data you may need to thrive in the dried soup industry. This dried 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 dried soup market consists of sales of instant soup mixes, soup paste, soup base powders, split pea soup, powdered soup mixes, and creamy soups. 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.