Soup Industry Share, Size, and Competitive Landscape 2030

The Global Soup Market size was valued at USD 11.28 billion in 2023 & is estimated to reach USD 16.25 billion by 2030. Along with this, the market is estimated to register a CAGR of 3.85% during the forecast period, 2025-30.

Jun 4, 2025 - 08:41
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Soup Industry Share, Size, and Competitive Landscape 2030

Overview of the Global Soup Industry:

The Global Soup Market is projected to experience substantial growth between 2025 and 2030, driven by digital transformation, innovation in service delivery, and expanding demand. The Global Soup Market size was valued at USD 11.28 billion in 2023 & is estimated to reach USD 16.25 billion by 2030. Along with this, the market is estimated to register a CAGR of 3.85% during the forecast period, 2025-30. This report offers an in-depth analysis of the key drivers, challenges, competitive landscape, and future outlook — helping businesses, investors, and stakeholders make informed decisions.

Market Size & Forecast (2025–2030)

  • Base Year: 2024
  • Forecast Period: 2025–2030
  • CAGR (2025-30)                : 3.85%

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Global Soup Market Opportunity:

Emerging Veganism & Clean Label Products – The expanding vegan demographic in both developed and developing nations has created a valuable market potential for vegetable stocks and broths. According to World Animal Foundation, there are around 88 million vegans across the globe. With the growing inclination towards healthier choices, there is an increasing demand for vegan soups, which are favored over their non-vegetarian counterparts. In response to this trend, major companies have taken advantage of providing various types of plant-based soup products packaged differently to meet consumers' needs. This shift toward vegetable-based broths supports industry expansion while presenting producers with an opportunity to increase their range of vegan soup offerings and gain more significant portions of the expanding marketplace.

Top Companies in the Soup Market

Here’s a snapshot of key players leading innovation and market share:

  • General Mills
  • Nestle SA
  • Unilever
  • Baxters Food Group Ltd.
  • The Kraft Heinz Company
  • The Campbell Soup Company
  • Ottogi Corp.
  • Asahi Group Holdings
  • Hain Celestial
  • Capital Foods Ltd.
  • Tideford Organics
  • Mars, Inc.
  • Others

Includes SWOT analysis, revenue trends, partnerships, and product launches.

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Soup Market Segmentation Analysis

-By Product Type

  • Canned
  • Dehydrated
  • UHT
  • Others (Meal Kits, etc.)

Canned soup held a significant market share in the Soup Market over the past few years. This type of soup undergoes commercial processing, high-temperature cooking, and sealing in cans or jars to extend its shelf life without refrigeration.

-By Distribution Channel

  • Supermarket/Hypermarket
  • Convenience Stores
  • Online

Supermarkets/Hypermarkets occupy a prominent position in the Soup Market. These types of retail stores are extensive in size, offering diverse merchandise, such as groceries, household products, and consumer goods to consumers.

-By Category

  • Vegan/Vegetarian – Market Size & Forecast, 2020-2030, USD Million
  • Non Vegetarian – Market Size & Forecast, 2020-2030, USD Million

Geographical Analysis

-By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

North America hold the highest market share in the Soup Market due to its robust soup culture, as soups are a customary food item in many households.

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Methodology Behind the Report

This research combines qualitative and quantitative methods, including:

  • Expert interviews
  • Proprietary forecasting models
  • Financial and trade databases
  • Government and institutional data

Forecasts are validated using top-down and bottom-up approaches to ensure accuracy and reliability.

Frequently Asked Questions About the Soup Market

  1. What is the growth rate of the Soup market from 2025–2030?
  2. Which segment are expected to dominate market?
  3. Who are the top companies and what strategies being they using?
  4. What are the key risks and challenges in this industry?
  5. How can businesses prepare for future trends?

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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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