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Report Overview
The global soup market size attained a value of USD 19.18 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 3.0% to reach USD 25.09 billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Key Players in the Market
The report presents a detailed analysis of the following key players in the global soup market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Campbell Soup Company
- The Kraft Heinz Company
- Unilever PLC
- General Mills Inc.
- Conagra Brands Inc.
- B&G Foods, Inc.
- Nestlé S.A.
- Baxters Food Group
- The Hain Celestial Group, Inc.
- Associated British Foods Plc
- Others
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Soup Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The soup market reached a value of USD 19.18 billion in 2023.
The market is estimated to grow at a CAGR of 3.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 25.09 billion by 2032.
The rapid transition towards healthy and nutrition rich drinks, growing demand for convenience and ready-to-cook food products, and increasing awareness about the benefits of soup are the major drivers of the market.
The key trends in the market include the expanding online-retail sector fuelling the sale of clean-labelled soup pouches, innovations in packaging, and increasing demand from students and working population.
Vegetarian and non-vegetarian are the different categories of soup in the market.
Liquid, dried, and frozen, among others, are the various products in the market.
Yes, soups are generally considered to be healthy as they can contain nutrition of various vegetables, proteins, meat products, and culinary spices.
The packaging types of soup in the market are bottled, canned, and pouched, among others.
Campbell Soup Company, The Kraft Heinz Company, Unilever PLC, General Mills Inc., Conagra Brands Inc., B&G Foods, Inc., Nestlé S.A., Baxters Food Group, The Hain Celestial Group, Inc., and Associated British Foods Plc, among others, are the key players in the global soup market, according to the report.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124