Dried Soup Market Research Report By Soup Type (Dry Soup Mixes, Soup Powders, Instant Soups, Others), By End-User (Household, Food Service, Industrial), By Ingredient (Noodles, Vegetables, Meat, Dairy, Other Ingredients), By Packaging Type (Pouches, Cartons, Cans, Glass Jars, Other Packaging Types), By Price Range (Economy, Mid-range, Premium) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032

Global Dried Soup Market Overview

Dried Soup Market Size was estimated at 17.93 (USD Billion) in 2022. The Dried Soup Industry is expected to grow from 18.59(USD Billion) in 2023 to 25.7 (USD Billion) by 2032. The Dried Soup Market CAGR (growth rate) is expected to be around 3.66% during the forecast period (2024 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Dried Soup Market Trends Highlighted

Key market drivers for dried soup include the increasing demand for convenience foods, the growing popularity of plant-based diets, and the rising awareness of the health benefits associated with consuming soup. The market is also benefiting from the expansion of the e-commerce sector, which is making dried soup products more accessible to consumers.Opportunities to be explored or captured in the dried soup market include the development of new and innovative flavors, the expansion into emerging markets, and the targeting of specific consumer segments, such as health-conscious consumers and vegetarians/vegans.

Recent trends in the dried soup market include the increasing popularity of single-serve packaging, the growing demand for organic and non-GMO products, and the rise of meal kits that include dried soup as an ingredient. These trends are expected to continue to shape the market in the coming years.

Dried Soup Market Drivers

Increase in demand for convenience foods

In the modern dynamic world, people are yearning for more convenient ways in all aspects of their lives. Dried soups are the quickest and easiest way to prepare a meal; therefore, they have become popular among people with a lack of time or desire to spend hours in the kitchen. In this regard, the market for dried soups is expanding at a fast pace. Moreover, the growth in the world economy is fostering the growth of the convenience food market. It is estimated that the convenience food market size stood at USD 243.8 billion in 2019 and is projected to reach USD 738.70 billion by 2027.Dried soups are one of the types of convenience foods, which include ready-to-eat meals, dairy products, fruits and vegetables, and other food categories. Hectic lifestyle, high urbanization, growing disposable income, along the consumers' demand for convenient and time-saving meals are among the key factors stimulating the growth of the convenience food market. Dried soup is a convenient type of food, which is typically made of dehydrated vegetables, meat, and spices.It is usually available in individual packages and can be quickly cooked by adding hot water. These soups are very popular among campers, hikers, and other nature lovers, as they are lightweight and easily transportable. Additionally, they are also relevant for people who are too busy to cook or do not have access to a kitchen. Since the trend for convenience food is growing, the expansion of the market for dried soup is also expected to increase.

Rising health consciousness

Today consumers pay great attention to the food they eat, and healthy food is currently in great demand. Many people prefer to choose foods that are healthy, rich in vitamins, and low in calories. One of the healthy products is dried soups. Generally, they are made of whole grains, various vegetables and lean protein, and these products are also rich in fiber. Thus, one of the factors influencing the dried soup market industry is a growing number of people concerned about their health. Many consumers choose ready-to-eat food that is also healthy, which affects the growing market. Many individuals who care about their health and problems, such as being overweight, choose healthy food, which influences the prosperity of the market. From this perspective, we can expect the further flourishing of this market.

Expansion of the e-commerce industry

An additional factor driving the development of the dried soup market industry is the expansion of the e-commerce industry. In recent years, consumers have increasingly turned to online platforms to purchase groceries, as well as a variety of other household goods. This trend is expected to continue in the years to come.

Advancements in the field of information technology have made shopping online increasingly convenient and accessible, while mobile commerce is also becoming increasingly popular. In addition, the e-commerce industry is expanding its reach, with many developing countries investing in online shopping infrastructure. In addition, dried soups are a popular product category, as these products are easy to ship and store. Thus, consumers can find a variety of dried soups online, from traditional recipes to more unique products.In the years to come, the development of the e-commerce industry is expected to continue to drive the development of the dried soup market industry.

Dried Soup Market Segment Insights

Dried Soup Market Soup Type Insights  

The Dried Soup Market is segmented by Soup Type into Dry Soup Mixes, Soup Powders, Instant Soups, and Others. The Dry Soup Mixes segment held  the largest market share in 2023 due to its convenience in consumption and ease of preparation. Dry soup mixes generally comprise a blend of dried vegetables, herbs, and spices, which can be made by adding the mix to water. The Dry Soup Mixes market is expected to reach a valuation of USD 7.8 billion by 2032, expanding at a 4.1% CAGR. The Soup Powders segment is expected to grow significantly over the forecast period owing to the increasing demand for convenient and quick food products.Soup powder is generally a dehydrated mix made from a blend of vegetables, herbs, and spices and is available in a large variety of flavors and types. The Soup powder market is expected to reach a valuation of USD 6.3 billion by 2032, expanding at a 3.9% CAGR. Instant Soups are also gaining popularity with consumers due to the ease of preparation and convenience. Instant soup is typically packaged in a cup or packet form, and the addition of hot water to the same makes a soup. The Instant Soups market is anticipated to reach a valuation of USD 5.1 billion by 2032, expanding at a 3.7% CAGR.The Others segment includes specialty dried soups like organic, gluten-free and low-sodium dried soups, which are expected to grow steadily over the forecast period.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Dried Soup Market End-User Insights  

The End-User segmentation of the Dried Soup Market includes Household, Food Service, and Industrial. The Household segment is anticipated to account for the largest market share due to the increasing demand for convenience food and the growing trend of home cooking. The Food Service segment is also anticipated to grow significantly owing to the rising number of restaurants and cafes that offer dried soup as a quick and easy meal service to customers. The Industrial segment can be expected to grow at a steady rate due to the increasing application of dried soup in food processing and manufacturing.In 2023, the revenue of the Dried Soup Market was estimated at approximately USD 18.59 billion. The growth of the market is attributed to the increasing consumption of dried soup as a convenient and inexpensive meal option, the growing demand for healthy and nutritious food, and the rising disposable income of consumers.

Dried Soup Market Ingredient Insights  

The Dried Soup Market is segmented by Ingredient into Noodles, Vegetables, Meat, Dairy, and Other Ingredients. Among these, the Vegetables segment is expected to hold the largest market share in 2023, accounting for around 35% of the market revenue. This is primarily due to the increasing demand for healthy and convenient food options, as vegetables are a rich source of vitamins, minerals, and fiber. The Noodles segment is expected to witness the fastest growth rate during the forecast period, owing to the growing popularity of instant noodles and other convenience foods.The Meat segment is also expected to grow steadily, driven by the rising demand for protein-rich foods. The Dairy segment is expected to account for a significant share of the market, as dairy products are commonly used in dried soups to enhance flavor and texture. The Other Ingredients segment includes a variety of ingredients, such as spices, herbs, and seasonings, which are used to add flavor and complexity to dried soups.

Dried Soup Market Packaging Type Insights  

The packaging type segment of the Dried Soup Market plays a crucial role in preserving the quality, freshness, and shelf life of dried soup products. Pouches are a popular choice due to their flexibility, lightweight, and cost-effectiveness. In 2023, the pouches segment accounted for a significant share of the Dried Soup Market revenue, estimated to be around USD 4.58 billion. Cartons offer rigidity and protection, making them suitable for larger pack sizes. Cans provide excellent barrier properties and extended shelf life, contributing to their popularity in the market.Glass jars are preferred for premium products due to their transparency and aesthetic appeal. Other packaging types, such as flexible bags and stand-up pouches, are gaining traction due to their innovative designs and convenience. The Dried Soup Market segmentation by packaging type offers valuable insights into consumer preferences, packaging trends, and growth opportunities for manufacturers in the industry.

Dried Soup Market Price Range Insights  

The dried soup market is segmented by price range into economy, mid-range, and premium. The economy segment is expected to account for the largest share of the market in 2023 due to its affordability and wide availability. The mid-range segment is expected to grow at the fastest rate during the forecast period due to increasing consumer demand for higher-quality products. The premium segment is expected to account for a relatively small share of the market but is expected to grow steadily over the forecast period due to the increasing popularity of luxury products.In 2023, the dried soup market is expected to be valued at approximately USD 18.59 billion. The growth of the market is attributed to a number of factors, including the increasing demand for convenience foods, the growing popularity of ethnic cuisines, and the rising disposable incomes of consumers in developing countries.

Dried Soup Market Regional Insights  

The Dried Soup Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest revenue-generating region, followed by Europe. The APAC region is expected to grow at the highest CAGR during the forecast period. North America is the largest market for dried soup due to the high consumption of soup in the region. The market is driven by the increasing demand for convenience food products, as well as the growing popularity of healthy and nutritious snacks. Europe is the second largest market for dried soup.The market is driven by the increasing demand for convenience food products, as well as the growing popularity of healthy and nutritious snacks. APAC is the fastest-growing market for dried soup. The market is driven by the increasing demand for convenience food products, as well as the growing popularity of healthy and nutritious snacks. South America is a relatively small market for dried soup. The market is driven by the increasing demand for convenience food products, as well as the growing popularity of healthy and nutritious snacks. MEA is a relatively small market for dried soup.The market is driven by the increasing demand for convenience food products, as well as the growing popularity of healthy and nutritious snacks.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Dried Soup Market Key Players And Competitive Insights

Key players in this market are dedicating investment to the development of a wide selection of different, innovative, and value-added products in order to meet their constantly evolving demands. A number of M activities have been witnessed in recent years which has helped in the improvement of the footprint. Unilever, Nestle, and Campbell Soup Company are the largest manufacturers with a strong presence of dried soup.

Based in London, Unilever is a multi-national entity and has operations in around 190 countries across the world. It offers a wide variety of foods and beverage products which includes a wide variety of soups, such as dried soups. Unilever is in the business of dried soup under several brands such as Knorr, Lipton, and Continental. Also, the company offers a variety of other soup types, such as frozen soup, ready-to-drink soups, and liquid soups, among others. Nestle is in a similar position as Unilever and has the strongest brand in the food and beverage industry globally. The company's soup portfolio includes canned and dried soup. Also, the company is in the business of dried soup under a number of other brands such as Maggi Buitoni.

Campbell Soup Company is a leading food company in North America and has a presence in almost every part of the globe. The company is in the business of canned and dried soup. Some of the brands under which the company sells dried soup are Campbell's, Swanson, and V8. The company is a market leader in the US canned pasta sales and has some of the top food service products. The company offers a variety of dried soup products, such as organic, gluten-free, and low-sodium products. Moreover, Campbell Soup Company has a strong distribution network.

Key Companies in the Dried Soup Market Include

• Campbell Soup Company


• Unilever


• Nestlé


• Danone


• Kellogg Company


• General Mills


• M. Smucker


• The CocaCola Company


• PepsiCo


• The Hain Celestial Group


• Mars, Incorporated


• Conagra Brands


• Mondelez International


• The Kellogg Company


• Kraft Heinz

Dried Soup Market Industry Developments

The dried soup market is anticipated to reach USD 25.7 billion by 2032, expanding at a CAGR of 3.66% from 2024 to 2032. Rising consumer demand for convenience foods, coupled with increasing urbanization and changing lifestyles, is driving market growth. Moreover, growing awareness of the health benefits associated with dried soups, such as their low fat and calorie content, is further propelling demand. Key players in the market are focusing on product innovation and expansion into emerging markets to capitalize on growth opportunities. Recent developments include the launch of new flavors and varieties of dried soups, as well as strategic partnerships and acquisitions to strengthen market position.

Dried Soup Market Segmentation Insights

• Dried Soup Market Soup Type Outlook
  
  
  
  • Dry Soup Mixes  
  
  
  • Soup Powders  
  
  
  • Instant Soups  
  
  
  • Others  
  
  
  
  


• Dried Soup Market End-User Outlook
  
  
  
  • Household 
  
  
  • Food Service  
  
  
  • Industrial  
  
  
  
  


• Dried Soup Market Ingredient Outlook
  
  
  
  • Noodles  
  
  
  • Vegetables  
  
  
  • Meat  
  
  
  • Dairy  
  
  
  • Other Ingredients  
  
  
  
  


• Dried Soup Market Packaging Type Outlook
  
  
  
  • Pouches  
  
  
  • Cartons  
  
  
  • Cans  
  
  
  • Glass Jars  
  
  
  • Other Packaging Types  
  
  
  
  


• Dried Soup Market Price Range Outlook
  
  
  
  • Economy  
  
  
  • Mid-range  
  
  
  • Premium  
  
  
  
  


• Dried Soup Market Regional Outlook
  
  
  
  • North America  
  
  
  • Europe  
  
  
  • South America  
  
  
  • Asia-Pacific  
  
  
  • Middle East and Africa