Global Canned Soup Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Canned Soup Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (Condensed, and Ready-to-Eat), Category (Conventional, and Organic), Distribution Channel (Supermarkets/Hypermarkets, Convenience/Grocery Stores, Food Specialty Stores, Online Retail Stores, and Other Distribution Channels), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Canned Soup Market was valued at USD 8,448.2 million in 2023 and is expected to reach USD 11,651.2 million by 2031 while growing at a CAGR of 4.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global canned soup market growth. Canned soup is commercially processed, sealed in airtight containers, and heat-treated for preservation. The canning process involves high-temperature cooking to kill bacteria and microorganisms, ensuring long-term storage without refrigeration.
Increasing convenience and time-saving, along with long shelf life and preservation, drive the growth of the canned soup market. However, obstacles like perceived lack of freshness and nutritional value, as well as health concerns and sodium content, may hinder market expansion.
Furthermore, the global canned soup industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Canned Soup Market is segmented among Condensed, and Ready-to-Eat, based on Type. In 2023, Ready-to-Eat for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Category Analysis
The Global Canned Soup Market is segmented among Conventional, and Organic, based on Category. In 2023, Conventional accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Canned Soup Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Campbell Soup Company, General Mills Inc., Hain Celestial Group Inc., The Kraft Heinz Company, Unilever PLC, Amy's Kitchen Inc., Baxters Food Group Limited, Bar Harbor Foods, BCI Foods Inc., Sprague Foods Ltd, and F Whitlock & Sons.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Canned Soup Market Dynamics
Drivers
Restraints
Opportunity
4. Global Canned Soup Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Canned Soup Market Segmentation, By Type
Global Canned Soup Market Share Analysis, By Type
Global Canned Soup Market Growth Analysis, By Type
Global Canned Soup Market Trends, By Type
o Condensed
o Ready-to-Eat
6. Global Canned Soup Market Segmentation, By Category
Global Canned Soup Market Share Analysis, By Category
Global Canned Soup Market Growth Analysis, By Category
Global Canned Soup Market Trends, By Category
o Conventional
o Organic
7. Global Canned Soup Market Segmentation, By Distribution Channel
Global Canned Soup Market Share Analysis, By Distribution Channel
Global Canned Soup Market Growth Analysis, By Distribution Channel
Global Canned Soup Market Trends, By Distribution Channel
o Supermarkets/Hypermarkets
o Convenience/Grocery Stores
o Food Specialty Stores
o Online Retail Stores
o Other Distribution Channels
8. Global Canned Soup Market Segmentation, By Region
Global Canned Soup Market Share Analysis, By Region
Global Canned Soup Market Growth Analysis, By Region
Global Canned Soup Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Campbell Soup Company*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
General Mills Inc
Hain Celestial Group Inc.
The Kraft Heinz Company
Unilever PLC
Amy's Kitchen Inc.
Baxters Food Group Limited
Bar Harbor Foods
BCI Foods Inc.
Sprague Foods Ltd
F Whitlock & Sons
*Similar analysis will be provided for each company listed above.