Global Soup Market

Soup Market Size, Share, Growth Analysis, By Product Type, By Category, By Packaging Type, By Distribution Channel, By Region - Industry Forecast 2025-2032


Report ID: SQMIG30I2363 | Region: Global | Published Date: December, 2024
Pages: 165 | Tables: 66 | Figures: 64

Soup Market Regional Insights

Due to the region's larger canned soup consumer base, Europe is estimated to hold the majority of the market share. Due to their expanding populations, the U.K. and Russia are the two European nations that consume the most soup. In comparison to the other countries in the region, these countries consume a disproportionately high amount of processed food. The region's consumption of dehydrated soups is expected to increase as a result of ongoing product introductions to address customer preferences and purchasing patterns.

Additionally, the region's demand for processed and quick food goods is being driven by the increased economic independence of the women's population. The market is expected to develop as a result of this.

North America is projected to hold the second-largest market share for soup, behind Europe. The greatest consumer in the area, the U.S., helps the industry expand by driving up sales of instant soup. The influence of COVID-19 on the nation is undoubtedly not hindering market expansion, as consumers favor quick-to-prepare goods over those that take longer

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Soup Market size was valued at USD 19.2 Billion in 2023 and is poised to grow from USD 19.81 Billion in 2024 to USD 25.39 Billion by 2032, growing at a CAGR of 3.2% during the forecast period (2025-2032).

Top Players in the Global Soup Market 'Campbell Soup Company ', 'Nestle S.A. ', 'Unilever ', 'General Mills, Inc. ', 'Kraft Heinz Company ', 'Conagra Brands, Inc. ', 'B&G Foods, Inc. ', 'Premier Foods Group Limited ', 'Amy’s Kitchen, Inc. ', 'Baxters Food Group Limited ', 'Blount Fine Foods ', 'Hain Celestial Group, Inc. ', 'Bear Creek Country Kitchens, LLC ', 'Kettle Cuisine, LLC ', 'TSC Foods ', 'Associated British Foods PLC ', 'Nissin Foods Holdings Co., Ltd. ', 'Maruchan, Inc. ', 'Ottogi Corporation ', 'Ajinomoto Co., Inc.'

The use of vegetable stocks and broths is significantly influenced by the growing vegan population in both developed and developing nations. To meet the growing demand from the public, large producers are producing vegan soups in a variety of containers. In contrast to non-vegetarian soups, people prefer to consume healthful vegetable soups, with the exception of the vegan community. The market benefits from these broths' increasing acceptance among consumers.

Growing Demand for Convenience foods have grown: Convenience food sales have increased as a result of rising urbanization rates and busy lifestyles of the populace. Convenience foods come in a variety of forms, including RTE, RTD beverages, packaged snacks, instant food, and others. One of the processed food products that people eat is soup.

Due to the region's larger canned soup consumer base, Europe is estimated to hold the majority of the market share. Due to their expanding populations, the U.K. and Russia are the two European nations that consume the most soup. In comparison to the other countries in the region, these countries consume a disproportionately high amount of processed food. The region's consumption of dehydrated soups is expected to increase as a result of ongoing product introductions to address customer preferences and purchasing patterns.

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Global Soup Market

Report ID: SQMIG30I2363

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