Soups Market
Soups Market Key Vendors, Opportunities, Deep Analysis By Regional & Country Outlook
2018-2026
Soup is a type of liquid food that is prepared using vegetables, meat, fish, water, and other
additives. Consumption of soup has many benefits. It is a source of nutrients, which are essential for
proper functioning of the body. American Heart Association recommends that an adult should
consume eight or more servings of vegetables and fruits per day. Soups can help to achieve this
amount easily. The growing demand for convenience foods, increasing health awareness,
introduction of new flavors in the market, and attractive advertisements by the soup manufactures
are the key drivers of soups market.
Soups Market Taxonomy
Based on product type, the soups market is segmented into:
•Canned
•Chilled
•Dried
•Frozen
•UHT
Based on distribution channel, the soups market is segmented into:
•Supermarkets
•Hypermarkets
•Convenience stores
•E-commerce
Soups Market Outlook
Europe holds a major share in the global soups market. This is, as a result of the growing demand
for high-quality meals that can be prepared in short time. The U.K., France, Russia, Spain, and
Germany are the major contributors to the growth of soups market in this region.
Asia Pacific is projected to be the fastest growing market over the forecast period, owing to the
availability of a wide variety of products in the market and changing consumer preference toward
healthier products. Furthermore, abundance of raw materials, especially in India and China, is
further fueling the growth of soups market. The market in Asia Pacific is highly cost competitive,
owing to which, many brands such as Knorr by Unilever Plc. are launching inexpensive variants in
local authentic flavors to attract consumer attention.
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Major Keyplayers: British Foods, Baxter’s Food Group, B&G Foods, Inc., Campbell Soup Co.,
Greencore Group Plc., General Mills, Inc., Nestlé S.A., Nissin Foods Holdings Co. Ltd, The Kraft
Heinz Company, and Unilever Plc.
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