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United States Soups Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 48 Pages
  • October 2023
  • Region: United States
  • MarketLine
  • ID: 5659813
Description Jump to:
Soups in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The soups market consists of the retail sale of ambient soup, dried soup (mixes), chilled soup, UHT soup and frozen soup products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2022 exchange rates.
  • The US Soups market had total revenues of $ 8.25 billion in 2022, representing a compound annual growth rate (CAGR) of 6.2% between 2017 and 2022.
  • Market consumption volume increased with a CAGR of 4.1% between 2017 and 2022, to reach a total of 1.71 billion kilograms in 2022.
  • The performance of the market is forecast to decelerate, with an anticipated CAGR of 2.3% for the five-year period 2022 - 2027, which is expected to drive the market to a value of $ 9.23 billion by the end of 2027.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the soups market in the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in the United States
  • Leading company profiles reveal details of key soups market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the United States soups market with five year forecasts

Reasons to Buy

  • What was the size of the United States soups market by value in 2022?
  • What will be the size of the United States soups market in 2027?
  • What factors are affecting the strength of competition in the United States soups market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United States's soups market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the US soups market?
7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2017-2022)?
7.4. Which companies market shares have suffered in the last 5 years (2017-2022)?
7.5. What are the most popular brands in the US soups market?
8 Company Profiles
8.1. Campbell Soup Company
8.2. General Mills Inc
8.3. Hormel Foods Corp
8.4. The Hain Celestial Group, Inc.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: United States soups market value: $ million, 2017-22
Table 2: United States soups market volume: million kilograms, 2017-22
Table 3: United States soups market category segmentation: % share, by value, 2017-2022
Table 4: United States soups market category segmentation: $ million, 2017-2022
Table 5: United States soups market geography segmentation: $ million, 2022
Table 6: United States soups market distribution: % share, by value, 2022
Table 7: United States soups market value forecast: $ million, 2022-27
Table 8: United States soups market volume forecast: million kilograms, 2022-27
Table 9: United States soups market share: % share, by value, 2022
Table 10: Campbell Soup Company: key facts
Table 11: Campbell Soup Company: Annual Financial Ratios
Table 12: Campbell Soup Company: Key Employees
Table 13: Campbell Soup Company: Key Employees Continued
Table 14: General Mills Inc: key facts
Table 15: General Mills Inc: Annual Financial Ratios
Table 16: General Mills Inc: Key Employees
Table 17: Hormel Foods Corp: key facts
Table 18: Hormel Foods Corp: Annual Financial Ratios
Table 19: Hormel Foods Corp: Key Employees
Table 20: Hormel Foods Corp: Key Employees Continued
Table 21: Hormel Foods Corp: Key Employees Continued
Table 22: The Hain Celestial Group, Inc.: key facts
Table 23: The Hain Celestial Group, Inc.: Annual Financial Ratios
Table 24: The Hain Celestial Group, Inc.: Key Employees
Table 25: The Hain Celestial Group, Inc.: Key Employees Continued
Table 26: United States size of population (million), 2018-22
Table 27: United States gdp (constant 2005 prices, $ billion), 2018-22
Table 28: United States gdp (current prices, $ billion), 2018-22
Table 29: United States inflation, 2018-22
Table 30: United States consumer price index (absolute), 2018-22
Table 31: United States exchange rate, 2018-22
List of Figures
Figure 1: United States soups market value: $ million, 2017-22
Figure 2: United States soups market volume: million kilograms, 2017-22
Figure 3: United States soups market category segmentation: $ million, 2017-2022
Figure 4: United States soups market geography segmentation: % share, by value, 2022
Figure 5: United States soups market distribution: % share, by value, 2022
Figure 6: United States soups market value forecast: $ million, 2022-27
Figure 7: United States soups market volume forecast: million kilograms, 2022-27
Figure 8: Forces driving competition in the soups market in the United States, 2022
Figure 9: Drivers of buyer power in the soups market in the United States, 2022
Figure 10: Drivers of supplier power in the soups market in the United States, 2022
Figure 11: Factors influencing the likelihood of new entrants in the soups market in the United States, 2022
Figure 12: Factors influencing the threat of substitutes in the soups market in the United States, 2022
Figure 13: Drivers of degree of rivalry in the soups market in the United States, 2022
Figure 14: United States soups market share: % share, by value, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Campbell Soup Company
  • General Mills Inc
  • Hormel Foods Corp
  • The Hain Celestial Group, Inc.

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