Soup Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)

By Product Type;

Dry Soup, Shelf Stable Soup, Chilled Soup and Others

By Category;

Vegetarian Soup and Non-Vegetarian Soup

By Packaging Format;

Canned, Pouches and Others

By Distribution Channel;

Supermarkets & Hypermarkets, Convenience & Grocery Stores, Online Retail Stores and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn507923294 Published Date: December, 2025 Updated Date: February, 2026

Soup Market Overview

Soup Market (USD Million)

Soup Market was valued at USD 15,853.96 million in the year 2024. The size of this market is expected to increase to USD 19,698.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.


Soup Market

*Market size in USD million

CAGR 3.2 %


Study Period2026 - 2032
Base Year2025
CAGR (%)3.2 %
Market Size (2025)USD 15,853.96 Million
Market Size (2032)USD 19,698.01 Million
Market ConcentrationHigh
Report Pages317
15,853.96
2025
19,698.01
2032

Major Players

  • General Mills Inc
  • Unilever PLC
  • Nestl
  • Associated British Foods PLC
  • Premier Foods
*Competitors List Not Exhaustive

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Soup Market

Fragmented - Highly competitive market without dominant players


Soup Market is experiencing significant expansion as consumers increasingly embrace nutritious and convenient meal options. Consumption has surged by more than 30%, driven by fast-paced lifestyles and the rising appeal of ready-to-eat foods. Soups are now valued not just as quick meals but also as wholesome additions to daily diets.

Shifting Consumer Preferences
A notable shift toward organic and plant-based soups is fueling growth, with nearly 40% of buyers opting for clean-label and natural formulations. This preference is closely linked to the adoption of vegan and vegetarian diets, reflecting the growing demand for health-oriented alternatives.

Innovation in Product Offerings
Product innovation is accelerating market growth, with about 45% of new launches featuring fortified nutrients, immunity boosters, and reduced-sodium options. Advanced flavor profiles and modern packaging are broadening the appeal of soups across diverse consumer groups.

Impact of Convenience Trends
The demand for instant and ready-to-serve soups continues to rise, with nearly 50% of consumers preferring microwavable and single-serve packs. These options align seamlessly with busy urban lifestyles, reinforcing soups’ role as both a convenient and nutritious choice.

Growth Outlook
Future growth prospects remain strong, supported by rising investments in product diversification and health-focused innovations. With over 55% of manufacturers planning to scale their soup portfolios, the market is expected to achieve steady expansion and deeper consumer penetration.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Category
    3. Market Snapshot, By Packaging Format
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Soup Market Forces
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Convenience and Busy Lifestyles
        2. Increasing Health Awareness
        3. Regional and Cultural Preferences
      2. Restraints
        1. Seasonal Demand Variations
        2. Competition From Ready-To-Eat Meals
        3. Regulatory Challenges
      3. Opportunities
        1. Product Innovation
        2. Emerging Markets and Consumer Segments
        3. Technological Advancements in Packaging
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Soup Market, By Product Type, 2021 - 2031 (USD Million)
      1. Dry Soup
      2. Shelf Stable Soup
      3. Chilled Soup
      4. Others
    2. Soup Market, By Category, 2021 - 2031 (USD Million)
      1. Vegetarian Soup
      2. Non-Vegetarian Soup
    3. Soup Market, By Packaging Format, 2021 - 2031 (USD Million)
      1. Canned
      2. Pouches
      3. Others
    4. Soup Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets & Hypermarkets
      2. Convenience & Grocery Stores
      3. Online Retail Stores
      4. Others
    5. Soup Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. General Mills Inc
      2. Unilever PLC
      3. Nestlé
      4. Associated British Foods PLC
      5. Premier Foods
      6. Campbell Soup Company
      7. Kraft Heinz Company
      8. Conagra Brands, Inc.
      9. Pepsico, Inc.
      10. Batchelors
      11. StarKist Co.
      12. Amys Kitchen
      13. Knorr
      14. Homestyle Soups Inc.
      15. Progresso
  7. Analyst Views
  8. Future Outlook of the Market