PUBLISHER: GlobalData | PRODUCT CODE: 1430682
PUBLISHER: GlobalData | PRODUCT CODE: 1430682
Global Soups Market Size and Opportunities, 2023 Update
The global soups sector's value will grow from $22.3 billion in 2022 to $28.3 billion in 2027, increasing at a compound annual growth rate (CAGR) of 4.9%. In terms of value, ambient soup was the largest category, with a share of 40.3%, in 2022. Dried soup (mixes) will increase in value share from 39.7% in 2022 to 45.2% in 2027. The rise in consumers' purchasing power and investments by leading manufacturers in capacity expansion will enable the sector's growth in the future. Ambient soup made up 59.8% of the sector's volume in 2022.
This report brings together multiple data sources to provide a comprehensive overview of the global soups sector, analyzing data from 107 countries. It includes an analysis of the following -
Sector overview: Provides an overview of the current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-the Asia-Pacific, the Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth drivers, the latest developments, and future challenges for each region.
Change in consumption: Provides an overview of changes in the consumption of soups over 2017-27, at global and regional levels.
High-potential countries: Provides risk-reward analysis of the top two high-potential countries in each region based on market assessment, economic development, governance indicators, socio-demographic factors, and technological infrastructure.
Scope
Provides an overview of the current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-the Asia-Pacific, the Middle East and Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth drivers, the latest developments, and future challenges for each region.
Reasons to Buy
Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the soups sector.
The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances.
The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion.
To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.
Table of Contents
Table of Contents
- Executive Summary
Part 1: Sector Overview
- Current Scenario and Future Outlook
- Global Soups Sector Overview - What Are the Growth Factors, Latest Developments, and Future Inhibitors?
- Regional Soups Overview - What Are the Growth Factors, Latest Developments, and Future Inhibitors?
- Key Challenges in the Global Soups Sector
Part 2: Shift in Soups Consumption Patterns
- Change in Consumption Levels in Overall Soups Sector, 2017-27
- Reasons for Shift in Consumption Patterns
Part 3: Identifying High-Potential Countries
- Analysis of 10 Countries on the Basis of Risk-Reward Analysis (Market Assessment, Economic Development,
- Sociodemographic Factors, Governance Indicators, and Technological Infrastructure)
Part 4: Country Deep-Dive
- High-Potential Country Analysis
- Key Trends
Part 5: Health & Wellness Analysis
- Global and Regional
- Growth Contribution by Region
- Key Product Attributes
- Key Consumer Benefits
- Leading Health & Wellness Companies by Category
Part 6: Competitive Environment
- Leading Companies by Value - Global
- Company and Brand Share Analysis - Global
- Company and Brand Share Analysis by Region
Part 7: Competitive Landscape - Market Analysis
Part 8: Market Share of Private Labels
- Private Label Share Analysis by Region
- Private Label Share Analysis by Category
Part 9: Key Distribution Channels
- Share of Key Distribution Channels - Global and Regional Level
Part 10: Select Industry Metrics
- Global Patent Filings
- Global Job Analytics
- Global Deals
Part 11: Key Packaging Formats
- Growth Analysis by Key Pack Material and Pack Type
- Growth Analysis by Key Closure Type and Primary Outer Type
Appendix
- Definitions
- Methodology
- About GlobalData
List of Tables
List of Tables
- Key categories by value and volume, 2022-27 - Global
- Key categories by value and volume, 2022-27 - Asia-Pacific
- Key categories by value and volume, 2022-27 - Middle East and Africa
- Key categories by value and volume, 2022-27 - Americas
- Key categories by value and volume, 2022-27 - Western Europe
- Key categories by value and volume, 2022-27 - Eastern Europe
- Japan: Category share
- India: Category share
- Canada: Category share
- Mexico: Category share
- Lebanon: Category share
- Israel: Category share
- Poland: Category share
- Turkiye: Category share
- Republic of Ireland: Category share
- Finland: Category share
- Leading companies in global soups sector (% share by value), 2022
- Key pack material volume share (%), 2022
- Annual volume growth by pack material (%), 2017-27
- Key pack type volume share (%), 2022
- Annual volume growth by pack type (%), 2017-27
- Key closure type volume share (%), 2022
- Annual volume growth by closure type (%), 2017-27
- Key primary outer type volume share (%), 2022
- Annual volume growth by primary outer type (%), 2017-27
List of Figures
List of Figures
- Change in consumption levels in overall soups sector, 2017-27
- Change in consumption levels in overall soups sector - Asia-Pacific, 2017-27
- Change in consumption levels in overall soups sector - Middle East and Africa, 2017-27
- Change in consumption levels in overall soups sector - Americas, 2017-27
- Change in consumption levels in overall soups sector - Western Europe, 2017-27
- Change in consumption levels in overall soups sector - Eastern Europe, 2017-27
- Identifying high-potential countries, risk-reward analysis - Asia-Pacific
- Identifying high-potential countries, risk-reward analysis - Middle East and Africa
- Identifying high-potential countries, risk-reward analysis - Americas
- Identifying high-potential countries, risk-reward analysis - Western Europe
- Identifying high-potential countries, risk-reward analysis - Eastern Europe
- Top five companies' shares by brand (in value terms) in the soups sector, 2022 - Global
- Top five companies' shares by brand (in value terms) in the soups sector, 2022 - Asia-Pacific
- Top five companies' shares by brand (in value terms) in the soups sector, 2022 - Middle East and Africa
- Top five companies' shares by brand (in value terms) in the soups sector, 2022 - Americas
- Top five companies' shares by brand (in value terms) in the soups sector, 2022 - Western Europe
- Top five companies' shares by brand (in value terms) in the soups sector, 2022 - Eastern Europe
- Key brands - ambient soup, 2022
- Key brands - chilled soup, 2022
- Key brands - dried soup (mixes), 2022
- Key brands - Frozen soup, 2022
- Key brands - UHT soup, 2022
- Private label value and share by region, 2017-22
- Private label value and share by category, 2022
- Leading distribution channels by region (% share by value), 2022
