Global Soups Market is predicted to reach USD 19.65 billion at a CAGR of 5.4% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Soups Market” that contains information from 2020 to 2027. The Global Soups Market is estimated to register a CAGR of 5.4% during the forecast period of 2020 to 2027.

MRFR recognizes the following companies as the key players in the Global Soups Market— Associated British Foods PLC, Conagra Brands Inc, TSC Foods, Maruchan Inc, Premier Foods, Campbell Soup Company, The Kraft Heinz Company, The Kroger Co, AMY's Kitchen Inc, General Mills Inc, Unilever PLC, Symington's Ltd, Hain Celestial, Baxters Food Group Limited, Kettle Cuisine LLC, and The Original Soupman.

Market Highlights

Global Soups Market is accounted to register a CAGR of 5.4% during the forecast period and is estimated to reach USD 19.65 Billion by 2027.

Soups are liquid or semi-liquid dishes typically made by combining various ingredients such as vegetables, meats, poultry, seafood, legumes, grains, and seasonings in a liquid base, such as water, broth, or stock. These components are simmered or boiled together to create a flavorful and nutritious meal. Soups can vary in texture, ranging from clear and brothy to thick and hearty, and they can be served as appetizers, main courses, or even desserts. Soups are enjoyed worldwide and offer a versatile and comforting option that allows for a wide range of flavors and variations.

Segment Analysis

The Global Soups Market has been segmented based on Type, and Distribution Channel.

Based on the Type, the market is segmented into Dry, Wet, and Others. The dominance of the Dry category in the Soups market is attributed to its longer shelf life, convenience in storage, and ease of preparation, appealing to busy consumers seeking quick meal solutions.

Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, and Others. The dominance of the Supermarkets & Hypermarkets category in the Soups market is attributed to their extensive product offerings, one-stop shopping convenience, and large consumer footfall, facilitating widespread access and sales.

Regional Analysis

The Global Soups Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Soups Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Soups Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Soups Market comprises of Middle East, Africa, and Latin America.

In 2021, North America asserted its market dominance, with this growth stemming from evolving consumer perspectives on soups containing meat extracts as healthier dietary options. An increasing preference for soups as convenient lunches is also driving this trend, aided by the introduction of premium, clean-label, and innovative flavors across the North American region. The growth of the North American Soup Market is significantly influenced by the bustling lifestyles prevalent in developed countries such as the U.S. and Canada, where individuals opt for on-the-go meals and chicken broth.

In the same year, Asia-Pacific secured the second-largest market share in the soup industry, a rise attributed to the swift modernization witnessed in nations like Bangladesh, Thailand, China, and India. The surge in the soup sector across the Asia-Pacific region is further propelled by heightened expenditure on Asian chicken broth and meat extracts, along with escalating demand for canned and dehydrated soup products.

Key Findings of the Study

• The Global Soups Market is expected to reach USD 19.65 Billion by 2027, at a CAGR of 5.4% during the forecast period.


• North America emerged as the leader in market share, driven by shifting consumer perceptions towards soups with meat extracts as healthier dietary choices and an expanding preference for soups as convenient lunch options.


• Based on the Distribution Channel, the Market has been segmented into Supermarkets & Hypermarkets holding the largest market in 2020.


• Associated British Foods PLC, Conagra Brands Inc, TSC Foods, Maruchan Inc, Premier Foods, Campbell Soup Company, The Kraft Heinz Company, The Kroger Co, AMY's Kitchen Inc, General Mills Inc, Unilever PLC, Symington's Ltd, Hain Celestial, Baxters Food Group Limited, Kettle Cuisine LLC, and The Original Soupman.