Soups - Global Strategic Business Report

The global market for Soups was estimated at US$20.1 Billion in 2024 and is projected to reach US$24.6 Billion by 2030, growing at a CAGR of 3.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Soups market.

Global Soups Market - Key Trends and Drivers Summarized

What Is Driving the Demand for Soups in the Food Industry?

The soup market is a dynamic and growing segment of the global food industry, encompassing a wide range of product types including canned, dried, and refrigerated soups. Soups are a popular and convenient meal option, appealing to consumers looking for quick, nutritious, and ready-to-eat meals. The market offers a variety of flavors and ingredients, catering to diverse tastes and dietary preferences. With increasing demand for healthier food options, manufacturers are focusing on developing low-sodium, organic, and gluten-free soups to meet consumer health concerns. Additionally, premium and gourmet soups are gaining popularity, reflecting the growing interest in high-quality, restaurant-style food at home.

What Innovations Are Shaping the Soups Market?

Innovations in the soup market are focused on health, convenience, and sustainability. Manufacturers are reformulating their products to reduce sodium and preservatives while incorporating more natural and organic ingredients. Plant-based and vegan soups are also gaining traction, in line with the growing trend towards plant-based diets. Convenience is another key area of innovation, with the introduction of microwaveable soup pouches and single-serve packaging designed to cater to busy consumers. Sustainability is becoming increasingly important, with brands exploring eco-friendly packaging options and reducing the environmental impact of their production processes.

How Do Market Segments Define the Growth of Soups?

Product types include canned, dried, and fresh soups, with canned soups holding the largest market share due to their long shelf life and convenience. Distribution channels range from supermarkets and hypermarkets to online retailers, with online sales gaining momentum as e-commerce becomes more prevalent in the food industry. End-users include households, restaurants, and institutional buyers, with households being the largest consumer segment. Geographically, North America and Europe dominate the soup market, although Asia-Pacific is expected to see rapid growth due to changing consumer lifestyles and the rising demand for convenience foods.

What Factors Are Driving the Growth in the Soups Market?

The growth in the soups market is driven by several factors, including the increasing demand for convenient, healthy meals, the growing popularity of plant-based diets, and innovations in packaging. Consumers are increasingly seeking convenient meal options that do not compromise on nutrition, driving demand for ready-to-eat and easy-to-prepare soups. The rising interest in plant-based diets is fueling the growth of vegan and vegetarian soup varieties, while health-conscious consumers are gravitating towards low-sodium and organic options. Innovations in packaging, such as single-serve pouches and eco-friendly materials, are also contributing to market growth by enhancing convenience and sustainability.

SCOPE OF STUDY:

The report analyzes the Soups market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Product (Canned / Preserved Soup, Instant Soup, Frozen Soup, Chilled Soup, UHT Soup, Other Products); Distribution Channel (Supermarkets / Hypermarkets, Convenience Stores, Online)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Canned / Preserved Soup segment, which is expected to reach US$12.0 Billion by 2030 with a CAGR of a 4.0%. The Instant Soup segment is also set to grow at 3.1% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $5.3 Billion in 2024, and China, forecasted to grow at an impressive 5.5% CAGR to reach $5.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Soups Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Soups Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Soups Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Amy's Kitchen, Inc., Baxters Food Group, Blount Fine Foods Corp., Campbell Soup Company, General Mills, Inc. and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 71 companies featured in this Soups market report include:

• Amy's Kitchen, Inc.
• Baxters Food Group
• Blount Fine Foods Corp.
• Campbell Soup Company
• General Mills, Inc.
• Kettle Cuisine, Inc.
• Mug Shot
• New Covent Garden Soup Company Limited
• Premier Foods Group Limited (Batchelors)
• The J.M. Smucker Company - Crosse & Blackwell
• The Kraft Heinz Company
• Unilever PLC
• Weight Watchers International, Inc.
• Yorkshire Provender Ltd.

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.