Reports > Food And Beverages > Dried Soup Market Report
Dried Soup Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the dried soup market from 2023 to 2033, covering market size, growth trends, segmentation, regional dynamics, and key players in the industry, providing valuable insights for stakeholders.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $8.90 Billion |
| CAGR (2023-2033) | 5.7% |
| 2033 Market Size | $15.70 Billion |
| Top Companies | Campbell Soup Company, Knorr (Unilever), Progresso (General Mills), Lipton (Unilever), Hippie Foods |
| Last Modified Date | 15 Nov 2024 |
Dried Soup Market Report (2023 - 2033)
Dried Soup Market Overview
What is the Market Size & CAGR of Dried Soup market in 2033?
Dried Soup Industry Analysis
Dried Soup Market Segmentation and Scope
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Dried Soup Market Analysis Report by Region
Europe Dried Soup Market Report:
Europe’s market is set to grow from $2.14 billion in 2023 to $3.78 billion in 2033. The increased popularity of vegetarian and organic dried soups and the growing trend of meal prepping among consumers are key factors driving this growth. The Western European countries are showing significant demand, reflecting shifts in dietary preferences.Asia Pacific Dried Soup Market Report:
In the Asia Pacific region, the market is projected to grow from $1.92 billion in 2023 to $3.39 billion by 2033. The increase in urbanization and a fast-paced lifestyle are contributing factors, alongside a growing inclination towards packaged food products. The demand for traditional and regional flavors is emerging as a trend, influencing product development in the region.North America Dried Soup Market Report:
North America accounts for one of the largest shares of the dried soup market, with sales projected to rise from $3.33 billion in 2023 to $5.87 billion in 2033. The region is characterized by a robust preference for convenience foods. Moreover, a growing trend of health and wellness among consumers is driving brands to introduce healthier variants of dried soups.South America Dried Soup Market Report:
South America is expected to experience growth from $0.31 billion in 2023 to $0.55 billion in 2033. The rising interest in easy-to-make meals among working professionals and busy families is fostering demand. Moreover, an increase in the brand presence of international players is likely to propel market growth.Middle East & Africa Dried Soup Market Report:
The Middle East and Africa are expected to see the dried soup market expand from $1.19 billion in 2023 to $2.11 billion by 2033. The market growth can be attributed to increasing disposable incomes, urbanization, and a shift toward modern food consumption patterns.Request a custom research report for industry.
Dried Soup Market Analysis By Product
Global Dried Soup Market, By Product Market Analysis (2023 - 2033)
The vegetable soups segment dominates the market, with a size increasing from $5.36 billion in 2023 to $9.45 billion by 2033, accounting for 60.22% of the market share throughout the period. Meat soups are also significant, growing from $2.09 billion to $3.69 billion, while noodle soups represent a smaller segment, increasing from $1.45 billion to $2.55 billion.
Dried Soup Market Analysis By Package Type
Global Dried Soup Market, By Package Type Market Analysis (2023 - 2033)
Packet packaging forms a substantial part of the market, expected to grow from $5.36 billion in 2023 to $9.45 billion by 2033, maintaining a 60.22% market share. Cups and bulk packaging are noteworthy segments as well, with cups increasing from $2.09 billion to $3.69 billion and bulk packaging from $1.45 billion to $2.55 billion.
Dried Soup Market Analysis By Distribution Channel
Global Dried Soup Market, By Distribution Channel Market Analysis (2023 - 2033)
The retail store segment, making up 80.1% share, saw market size grow from $7.13 billion in 2023 to $12.57 billion by 2033. Conversely, the online distribution channel is projected to expand from $1.77 billion to $3.12 billion, indicating a rising trend in e-commerce.
Dried Soup Market Analysis By Consumer Type
Global Dried Soup Market, By Consumer Type Market Analysis (2023 - 2033)
Individual consumers make up a significant majority, with a market size projected to grow from $7.13 billion in 2023 to $12.57 billion by 2033. The foodservice sector is also increasing, from $1.77 billion to $3.12 billion, reflecting growing demand in restaurants and catering services.
Dried Soup Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Dried Soup Industry
Campbell Soup Company:
A leading player in the food industry, Campbell Soup Company offers a wide range of canned and dried soup products, focusing on quality and innovation.Knorr (Unilever):
Knorr is known globally for its bouillons, stocks, and dried soup products, emphasizing flavor enhancement and convenience.Progresso (General Mills):
Progresso offers a variety of hearty soups, including dried options, catering to health-conscious consumers through nutritious product lines.Lipton (Unilever):
Lipton is a notable brand within the soup sector, with a focus on quick-preparation dried soups that align with modern eating habits.Hippie Foods:
An emerging player, Hippie Foods specializes in organic and health-centric dried soups, appealing to a niche market of health-conscious consumers.We're grateful to work with incredible clients.
