The soup market is expected to register a CAGR of 6% during 2023 – 2031. The soup market is growing due to increasing demand for convenient and healthy food products.
A key driver for the growth of the soup market is expected to be the increasing demand for healthy food products. Consumers today are becoming increasingly aware of health and wellness. This growing health awareness leads to a growing demand for food products that are healthy. The demand for healthier food products is thus expected to directly influence demand for soups as healthy soups are developed and consumed. Awareness of the health benefits of soups is another important factor driving demand for healthier soups. Increasingly, consumers are becoming aware of the nutritional composition of what they eat and willing to buy soups that are low on sodium and free from artificial additives and preservatives. Soups that are high in vitamins, minerals and other nutrients are the preferred choice among health-conscious consumers.
A new product will likely be able to attract more consumers and gain a bigger market share. With the innovative launch of new flavours, ingredients and packaging formats, companies can cater to the different needs of consumers and show their innovation and creativity compared to the competition. New product launches are a chance for companies to embrace market trends, for example, launching plant-based or globally-inspired soups to attract more health-conscious consumers who want to try different, exciting soups. It also gives them a chance to stand out from the competition as unique and different and help create a bond with their customers.
Key segments that contributed to the derivation of the soup market analysis are type, category, packaging type, and distribution channel.
The regional trends and factors influencing the Soup Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Soup Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ XX million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2025 - 2031) | 6% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Soup Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Soup Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The soup market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the soup market are listed below:
The “Soup Market Size and Forecast (2021 – 2031)” provides a detailed analysis of the market covering below areas:
The List of Companies
1. Bear Creek Country Kitchens LLC
2. General Mills Inc.
3. Unilever PLC
4. Nestlé
5. Associated British Foods PLC
6. Premier Foods
7. Conagra Brands Inc.
8. Symington's Ltd.
9. TSC Foods
10. Hain Celestial
The global soup market is estimated to grow at a CAGR of 6% during the forecast period 2024-2031.
Growing demand for healthy food products, and convenience meal options offered by soup, are driving factors impacting the soup market.
Adoption of sustainable packaging is anticipated to play a significant role in the soup market in the coming years.
Campbell Soup Company, Nestlé S.A., The Kraft Heinz Company, Unilever PLC, and General Mills Inc, among others are the leading players operating in the soup market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.