Title: Soup Market - Forecast (2022-2027)
1Soup Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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- Soup Market size is estimated to reach 3,110
million by 2027, growing at a CAGR of 3.2 during
the forecast period 2022-2027. Soup is a
principally liquid food, typically served warm,
hot or cold that is prepared by integrating
constituents of meat or vegetables with stock,
milk or water. Hot soups are represented by
boiling solid constituents in liquids in a pot
until the flavors are extracted, building a
broth. It is a good appetizer and the first
course of the supper. - Soup can be prepared with a number of
constituents, including vegetables, meat, water,
juice and other liquids. It includes a range of
health-promoting foods, like meat, lentils or
beans, as well as vegetables, making it a rich
source of vitamins, minerals and nutrients. To
thicken soups and broths, rice, lentils, wheat
and grains are typically utilized.
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- Key Takeaways
- Geographically, North America (Soup Market share)
accounted for the highest revenue share in 2021
and it is poised to dominate the market over the
period 2022-2027. This is attributed to the
switching perceptions of soups as a healthy food
selection and a soaring inclination towards soups
which are liquid foods as a quick supper, as well
as the introduction of premium, clean-label, and
creative tastes amidst consumers in the North
American region. - Soup Market growth is being driven by the surging
demand for Instant noodle, dehydrated and UHT
soups worldwide owing to their effortless
preparation and the heightening consumer demand
for such products, fueled by more hectic
lifestyles However, the growing health issues
owing to the excessive consumption of corn starch
present in soups are some of the major factors
hampering the growth of the Soup Market.
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By Distribution Channel- Segment Analysis The
Soup Market based on distribution channel can be
further segmented into Supermarkets/Hypermarkets,
Convenience Stores, Online Retail Stores and
Others. The Supermarkets/Hypermarkets Segment
held the largest Soup Market share in 2021. This
growth is owing to different factors like
increased consumer preference towards
ready-to-eat and convenience products resulting
in greater purchases of instant noodle soups and
the effortless accessibility of packaged soups in
bulk in supermarkets. here are many kinds and
brands of bouillon cubes with at least one brand
of bouillon cubes being available in
supermarkets. Meat extract is principally
accessible in concentrated liquid and powder
forms. The powerful growth of the retail sector
in the developed and developing countries is
further propelling the growth of this segment.
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- Soup Market Industry Outlook
- Â
- Campbell Soup
- Unilever PLC
- General Mills Inc.
- Nestle S.A.
- BG Foods Inc.
- Conagra
- Ottogi Corporation
- Premier Foods Group Limited
- The Hain Celestial Group Inc.
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Soup Market - Forecast(2022 - 2027) Learn More
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- Data Tables
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