Soup Market: Global Market Size, Dynamics, Regional Share, Trends, Competitor Analysis 2016 to 2021 and Forecast 2022 to 2028

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Soup Market By Product Type (Instant, Chilled, Preserved, Frozen, and Dehydrated), By Packaging (Canned, Pouches, and Others), By Type (Clear Soup and Thick Soup), By Distribution Channel (Super Markets/ Hyper Markets, Convenience Stores, and Others), and Geography

 

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Report

Description

Soup Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of product type, packaging, type ,distribution channel and region. This report studies global soup market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Soups is the combination of various ingredients such as vegetables and meat along with other liquids such as stock, juice etc. The soups are usually characterized by boiling solid ingredients in liquids until all the flavors are extracted from it, which forms a broth. There are majorly two types of soups, which include clear soups and thick soups. There are various thickening agents used in the preparation of the thick soups, which include starch, puree from vegetables, etc. Cream soups are usually thickened using butter, eggs, etc. In December 2016, Campbell Soups Company has launched Well Yes! a new ready-to-serve soups line that features clean, simple and nutritious ingredients. Unilever PLC announced a recyclable polypropylene (PP) mono-material for Knorr dry soup powder in Turkey in January 2020, which was made at Mondi’s flexible packaging plant in Kalenobel, Turkey. ​Safe Catch, a clean-label seafood firm, debuted Safe Harvest in February 2019, with a menu of soups prepared with clean ingredients and packaged in reusable glass jars, with transparency in both packaging and product provenance.

Soup Market

MARKET SUMMARY
-
x
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR–X%
  • Largest Market– Europe
  • Fastest Growing- Asia Pacific

Soup Market Analysis

  • Soup Market expanding at significant CAGR over 2022 to 2028.
  • Based on region, europe accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period.
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Soup Market.
Market Leaders
  • ConAgra Foods (U.S)
  • Nestlé (Switzerland)
  • General Mills (U.S)
  • Associated British Foods (UK)
  • House Foods Group (Japan)
  • Kraft Heinz (U.S)
Soup Market

Drivers and Restraints

The change in lifestyle owing to rapid urbanization is the key factor anticipated to drive the growth of the soups market. The change in food habits and adoption towards the ready-to-use food are attributed for the growth of the soups market. The rising awareness among the people regarding the health benefits associated with the consumption of the soups is another factor adding fuel for the growth of the soups market. The availability of the product in various flavors is attracting the consumers, which is likely to boost the growth of the soups market. The continuous introduction of new products by the manufacturers is driving the growth of the market. The increase in health concerns are restricting people from the use of soups owing to the presence of preservatives which affect the health of the individual, is likely to hamper the growth of the soups market.


Soup Market Regional Analysis

Europe dominates the market

Europe soup market is the dominant market when compared with that of the other regional markets. Owing to the presence of high customer-base, the Europe region to keep the top spot in the soups market. The countries such as UK, France, and Spain contribute the largest share in this region. The Asia Pacific soups market hold the second position following the European region in the soups market. Entry of market players in to the emerging economies are enhancing the growth of the soups market in this region. The North America soups market is expected to show the least growth in the forecasted period due to the change in lifestyle of the people along with a change in food habits.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2016-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis
Soup Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

1. Executive Summary
2. Global Soup  Market Introduction
2.1. Global Soup  Market – Taxonomy
2.2. Global Soup  Market –Definitions
2.2.1. By Type
2.2.2. By Category
2.2.3. By Packaging
2.2.4. By Distribution Channel
2.2.5. By Region
3. Global Soup  Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Soup  Market Dynamic Factors – Impact Analysis
3.6. Global Soup  Market – Competition Landscape
4. Global Soup  Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Soup  Market, By Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. UHT soup
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Frozen soup
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Dehydrated soup
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Chilled soup
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Canned/Preserved soup
5.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Soup  Market, By Category, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Vegetarian Soup
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Non-Vegetarian Soup
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Soup  Market, By Packaging, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Pouched
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Canned
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Other Packaging
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Soup  Market, By Distribution Channel, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Convenience Stores
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Online Retail Stores
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Supermarkets/Hypermarkets
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Others
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
9. Global Soup  Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Soup  Market – Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Region, 2022-2028
10. North America Soup  Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. UHT soup
10.1.2. Frozen soup
10.1.3. Dehydrated soup
10.1.4. Chilled soup
10.1.5. Canned/Preserved soup
10.2. Category Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Vegetarian Soup
10.2.2. Non-Vegetarian Soup
10.3. Packaging Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Pouched
10.3.2. Canned
10.3.3. Other Packaging
10.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Convenience Stores
10.4.2. Online Retail Stores
10.4.3. Supermarkets/Hypermarkets
10.4.4. Others
10.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Soup  Market – Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2022-2028
10.7. North America Soup  Market Dynamics – Trends
11. Europe Soup  Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. UHT soup
11.1.2. Frozen soup
11.1.3. Dehydrated soup
11.1.4. Chilled soup
11.1.5. Canned/Preserved soup
11.2. Category Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Vegetarian Soup
11.2.2. Non-Vegetarian Soup
11.3. Packaging Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Pouched
11.3.2. Canned
11.3.3. Other Packaging
11.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Convenience Stores
11.4.2. Online Retail Stores
11.4.3. Supermarkets/Hypermarkets
11.4.4. Others
11.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Soup  Market – Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2022-2028
11.7. Europe Soup  Market Dynamics – Trends
12. Asia-Pacific Soup  Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. UHT soup
12.1.2. Frozen soup
12.1.3. Dehydrated soup
12.1.4. Chilled soup
12.1.5. Canned/Preserved soup
12.2. Category Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Vegetarian Soup
12.2.2. Non-Vegetarian Soup
12.3. Packaging Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Pouched
12.3.2. Canned
12.3.3. Other Packaging
12.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Convenience Stores
12.4.2. Online Retail Stores
12.4.3. Supermarkets/Hypermarkets
12.4.4. Others
12.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Soup  Market – Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2022-2028
12.7. Asia-Pacific Soup  Market Dynamics – Trends
13. Latin America Soup  Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. UHT soup
13.1.2. Frozen soup
13.1.3. Dehydrated soup
13.1.4. Chilled soup
13.1.5. Canned/Preserved soup
13.2. Category Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Vegetarian Soup
13.2.2. Non-Vegetarian Soup
13.3. Packaging Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Pouched
13.3.2. Canned
13.3.3. Other Packaging
13.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Convenience Stores
13.4.2. Online Retail Stores
13.4.3. Supermarkets/Hypermarkets
13.4.4. Others
13.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Soup  Market – Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2022-2028
13.7. Latin America Soup  Market Dynamics – Trends
14. Middle East and Africa Soup  Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
14.1. Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. UHT soup
14.1.2. Frozen soup
14.1.3. Dehydrated soup
14.1.4. Chilled soup
14.1.5. Canned/Preserved soup
14.2. Category Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Vegetarian Soup
14.2.2. Non-Vegetarian Soup
14.3. Packaging Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Pouched
14.3.2. Canned
14.3.3. Other Packaging
14.4. Distribution Channel Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Convenience Stores
14.4.2. Online Retail Stores
14.4.3. Supermarkets/Hypermarkets
14.4.4. Others
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Soup  Market – Opportunity Analysis Index, By Type, Category, Packaging, Distribution Channel, and Country, 2022-2028
14.7. MEA Soup  Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. The Campbell Soup Company
15.2.2. Unilever
15.2.3. Nestlé S.A
15.2.4. The Kraft Heinz Company
15.2.5. Premier Foods Group Limited
15.2.6. Ottogi Co., Ltd
15.2.7. General Mills, Inc
15.2.8. Conagra Brands, Inc.
15.2.9. Baxters Food Group Limited
15.2.10. Bear Creek Country Kitchens LLC.
15.2.11. Gbfoods
16. Research Methodology
17. Key Assumptions and Acronyms


Report

Company Profile

  • ConAgra Foods (U.S)
  • Nestlé (Switzerland)
  • General Mills (U.S)
  • Associated British Foods (UK)
  • House Foods Group (Japan)
  • Kraft Heinz (U.S)
  • Nissin Foods (Japan)
  • Baxters Food Group (UK)

Description

Soup Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of product type, packaging, type ,distribution channel and region. This report studies global soup market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Soups is the combination of various ingredients such as vegetables and meat along with other liquids such as stock, juice etc. The soups are usually characterized by boiling solid ingredients in liquids until all the flavors are extracted from it, which forms a broth. There are majorly two types of soups, which include clear soups and thick soups. There are various thickening agents used in the preparation of the thick soups, which include starch, puree from vegetables, etc. Cream soups are usually thickened using butter, eggs, etc. In December 2016, Campbell Soups Company has launched Well Yes! a new ready-to-serve soups line that features clean, simple and nutritious ingredients. Unilever PLC announced a recyclable polypropylene (PP) mono-material for Knorr dry soup powder in Turkey in January 2020, which was made at Mondi’s flexible packaging plant in Kalenobel, Turkey. ​Safe Catch, a clean-label seafood firm, debuted Safe Harvest in February 2019, with a menu of soups prepared with clean ingredients and packaged in reusable glass jars, with transparency in both packaging and product provenance.

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