According to Future Market Insights research, during the projected period, the global dried soup market is expected to grow at a CAGR of 7.9%. The dried soup market value is projected to increase from USD 2.1 billion in 2023 to USD 4.5 billion by 2033.
The increasing number of people who must work to support their families and the frantic pace at which most people now live have left almost no time for cooking healthy, well-balanced meals. Consequently, the demand for convenience and ready-to-eat foods is experiencing a huge surge around the globe. These foods cater to both the nutritional needs and various tastes of consumers.
The development of value-added gluten-free and organic types of dry soup is likely to improve product demand. The proliferation of supermarkets, drugstores, and internet grocery stores has also contributed to the product's increased availability. Consumers might be enticed to buy dry soup through creative product packaging that includes the necessary nutritional information and other health benefits. Demand for dried soup is also being driven by increasing consumer purchasing power and disposable income, as well as by manufacturers' increased emphasis on marketing.
| Report Attributes | Details |
|---|---|
| Market Size Value in 2023 | USD 2.1 billion |
| Market Forecast Value in 2033 | USD 4.5 billion |
| Global Growth Rate (2023 to 2033) | 7.9% CAGR |
| Forecast Period | 2023 to 2033 |
| Market Share of India in South Asia | 31% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
As per FMI dried soup market study, these soups are prepared to eat and are particularly popular among the working class as a quick and nutritious meal alternative. Dried soups have a longer shelf life and preserve their nutritional content.
The dried soup market is expected to expand throughout the projected period, owing to factors such as increased customer demands for ready meals and a rise in disposable income. Adding nutritious food elements such as vegetables, lean meat, and personalized additives is propelling the dried soup market forward.
Health worries about specific preservatives employed in the mixture are impeding the expansion of the dried soup market. Nonetheless, over the projection period, the introduction of organic soups, product innovations, and packaging innovations are likely to provide attractive prospects for the leading players in the dried soup market.
One factor that is anticipated to contribute to the expansion of the dried soup market is the increasing demand for ready-to-eat and convenience meals. The global dried soup market is anticipated to increase as a result of rising consumer awareness regarding the consumption of healthy and nutritious meals.
The benefits of dried soup over other varieties of soup, like canned and condensed wet soups, have led to dried soup's dominance in the soup market. The availability of gluten-free and organic dried soups is a key factor that is expected to propel the dried soup market forward.
Some people believe that the high maize and salt content of dry soups is dangerous since it raises blood sugar and blood pressure. This is expected to restrain the sales of dried soup.
Principal Consultant
The shifting customer tastes for convenience foods is the reason the dried soup market segment in the United States is expected to increase rapidly over the projected period. Basic elements such as veggies and lean protein raise the product's health factor, which enhances consumer interest in purchasing it.
The expansion of convenience meals is predicted to promote the growth of the dried soup sector in the United States, which is likely to be driven by consumers' flexible and casual attitudes to food preparation and consumption. Over the projection period, shifting customer demographics in the United States are likely to contribute to the dried soup market growth. The use of preservatives and artificial products is closely monitored by organizations such as the USA Food and Drug Administration.
People in the United Kingdom consider soup to be a healthy/low-calorie option, though households with young children under the age of five are less interested. Manufacturers are urging 16- to 24-year-olds to eat dried soup as a snack at home more frequently.
The dried soup category has struggled in recent years due to its reputation as the least healthy of the soup categories. However, because dried soup is so easy to acquire and store for later use, there has been a shift in perspective.
Sixty percent of Chinese families eat soup every day, equating to 500 million bowls of soup commonly consumed and 320 billion bowls consumed annually. To put it another way, the soup market in China is massive.
Dried soup is becoming increasingly popular, particularly among middle-class and greater-income consumers in the region. Meanwhile, during COVID-19, China's dried soup market set a new high. On the one hand, this pandemic has caused offline leisure snacking consumption to be disrupted, forcing consumers to resort to online purchasing; on the other side, dry soup mix is rapidly becoming a potent consumption supplement for traditional soup.
The consumption of dried soup is rising in South Africa as people become more conscious of the importance of preserving good eating habits. The fundamental component of several vegetable soups, the tomatoes, includes numerous vitamins, including vitamins A and C, which lowers the risk of developing cancer in general and prostate cancer specifically. Players in the South African dried soup market are working hard to reduce the number of artificial flavors and preservatives while maintaining the basic quality of dried soups.
Dehydrated dried soups have a far greater demand than quickly dried soups. Dehydrated dry soup sales now represent more than one-third of the worldwide dried soup market's income. A dehydrated dry soup mix comes in a variety of flavors, including veggies, cereals, dried meat, and legumes.
Furthermore, for a huge population of customers, the ease of fast and easy preparation provided by dehydrated dried soups remains quite enticing. The use of dehydrated, dry soup has been extremely high in so many European countries. The growing vegetarian population across the globe has given vegetarian dried soups a larger development opportunity than non-vegetarian soups.
Consumers are overwhelmingly enthusiastic about dried soups in pouches. Companies are employing eye-catching and innovative pouch-packing solutions that are both practical and efficient. The pouches that are now utilized in dry soup mix packing serve to improve the shelf life of the food while also lowering the danger of infection.
Furthermore, these pouches are highly appealing and so instantly capture shoppers' attention. The increased focus on using lighter materials to construct eco-friendly or recyclable pouch-based packaging solutions is also having a favorable impact on their uptake in the packaging of different food products, especially dry soup.
The growing working-age population and hurried lifestyles have left little time to prepare a good and balanced supper. As a result, there is considerable growth in demand for convenient and fully prepared foods all across the world. Consumers' nutritional demands, as well as diverse preferences, are met by these foods. In addition, the launch of value-added gluten-free and organically dry soup mix varieties are likely to boost demand.
Furthermore, the growth of organized sales channels such as supermarkets and convenience stores, as well as various online food portals, has improved product availability. Aside from that, creative product packaging that includes the necessary nutrition facts, as well as other health advantages, aids in enticing customers to buy dry soup.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Product approvals, product launches, and other organic growth tactics such as patents and activities are being prioritized by several companies. Acquisition and partnerships & partnerships were two business expansion tactics seen in the dried soup market. These initiatives have paved the path for market players to expand their business and client base. With the growing demand for dried soup in the worldwide industry, market players in the dried soup market are expected to benefit from attractive growth prospects in the future.
Some of the key players in the global dried soup market are Unilever, CAMPBELL COMPANY OF CANADA, Harmony House Foods, Inc., McKenzie's, Mother Earth Products, J. Heinz Company, Canada Inc. (Knorr), Cooke Tavern Soups, John A. McDougall M.D., Frontier SoupsBear Creek Country Kitchens, LLC, Harvest Right LLC.
Six different kinds of instant soup for one person are now available from Nestlé. One secondary soup in quick form is available from MAGGI Cup-a-Licious Soups.
A new online service to provide their consumers with hot soup was made available by Eat24 and Uber Eats. These elements are anticipated to advance knowledge and boost market demand in the future.
In order to produce Thai Chicken Chicken Style, a limited-edition vegan soup dubbed "seasonal soup," Pitango teamed up with Sunfed, a renowned producer of chicken meat substitutes.
Crude Origins
Crude Origins is an online food store that was established in 2021 in Bangalore, India. Products such as beverages, sugars, cake mixes, pasta, noodles, soups, sauces, cereals, bars, dishes, edible oil, dry fruits, cookies, crackers, pickles, and more are available. The manufacturer declares that their goods do not include any of the allergens: gluten, keto, or sugar.
CSC BRANDS (CSC)
Campbell Soup Company, often known as CSC Brands (CSC), is an industry giant in the production and distribution of soup and soup-related products, including both canned and dried varieties. Campbell's, Pace, Pepperidge Farm, Garden Fresh Gourmet, Kelsen Group, Milano, and Bolthouse Farms are just a few of the household names produced by this corporation. Products from this company range from soups and sauces to baked items and even liquids, broth included.
Nestlé
With its many offshoots, Nestlé is a major player in the food and drink market. Powdered and liquid beverages, water, milk products, and ice cream, nutrition and health research, confection, ready-to-eat meals, cooking assistance, pet care, and unallocated categories are only some of the many sectors in which Nestlé operates. Under the name Maggi, the company competes in the international market for dry soup mix.
Nissin Foods
Japanese food giant Nissin Foods produces popular items, including instant Ramen, soups, and other noodle dishes. Top Ramen is the most well-known brand produced by the corporation, and it features several different varieties of instant noodles. However, under the brand name Souper Meal, the company also sells a wide range of soups in international markets.
Urbanization and globalization have ushered in new eras of change. More readily available products and services with increased quality help people adapt to the rapid speed of change. Increases in the labor force and shifts in consumer preferences have resulted in a shift in what people want and need. It has become clear that people's dietary habits and preferences are shifting. There has been a rise in the demand for ready-to-eat foods that are both nutritious and convenient for food manufacturers.
Almost everyone considers a bowl of soup a perfect way to warm up on a cold day. It doesn't matter if it's freezing outside or blisteringly hot inside; whether it's pouring rain or the sun is shining brightly, people are expected to always want a hot bowl of comforting soup. The salt levels and flavor characteristics of most soups are significantly higher. Because of this, it has quickly become a fan-favorite among people everywhere.
Dry soup mixes are gaining popularity because of their convenience and speed of use. Being easily transportable and having a longer shelf life are two of instant soup's biggest marketing benefits. Because of their inventive and practical packaging, as well as their widespread availability, these foods are a low-cost and accessible option for individuals in need of a quick and satisfying meal. The mixtures can be used by anyone and require no effort to produce.
Noodle Soups
Pasta soups like Minestrone from Italy, pho made with rice noodles from Vietnam, and ramen made with buckwheat soba from Japan are just a few examples of the widespread appeal of noodle dishes. The same can be said for the United States, where its popularity is on the rise.
Innovations in sour and spicy soup bases can be traced back to the cuisines of East and Southeast Asia. Americans are expanding their horizons beyond pho to other popular Vietnamese dishes, such as rice vermicelli and beef soup.
The demand for authentic Japanese ramen is also on the rise in the States. In major American cities, including New York, Chicago, San Francisco, Washington, D.C., and Los Angeles, people wait in long lines for the Japanese noodle soup known as ramen.
The American public's insatiable hunger for exotic flavors has led to creative takes on the comfort food staple chicken noodle soup. Chicken noodle soup is a universal dish, appearing in cuisines as diverse as Persian, Italian, Thai, Slavic, and Puerto Rican. Even more so, people in the United States are eager to sample exotic flavors.
Dried Soups
The greatest dry soup mix is those produced with complete, cooked, and dried ingredients, regardless of whether they are air-dried or frozen, vegetarian or meat-based, sealed in a cup or a pouch. Dried soups provide a large amount of convenience in a little package because they are portable, simple to store, and quick to cook. Plus, you can keep a bunch of them on your desk without much trouble.
Soup mixes can be made with a wide range of components, including lentils, meat, vegetables, grains, seasonings, salt, and more. Dry soup mix is one of the most commercially successful types of soup, bringing in about USD 10 billion in 2018. Soup manufacturers are researching ways to minimize the sodium and preservative content of their products.
Drinkable Soups
Manufacturers like Whole Foods plan for their soups to be consumed both at home and on the move. Drinkable soups are predicted to become popular in 2020, replacing the traditional crunchy or crispy grab-and-go snacks.
Soup that can be gulped down like a smoothie is more akin to a thick, savory smoothie, while gazpacho is more akin to a smooth soup. Nutritionally dense and typically prepared with complete, plant-based foods, many trendy options are now accessible. Their manufacturers sell them in cartons or bottles, and you may consume them either hot or cold. They can be a satisfying lunch on their own, and the added hydration is a bonus on the days when you don't have time to stop and get something more substantial to drink.
| Attributes | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2023 |
| Market Analysis | USD billion for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East & Africa (MEA) |
| Key Countries Covered | The USA, Canada, Mexico, Germany, The UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
| Key Segments Covered | Product, Packaging, Sales Channel, Region |
| Key Companies Profiled | Unilever Canada Inc. (Knorr); Harmony House Foods, Inc.; J. Heinz Company, L.P.; McKenzie's; Mother Earth Products; Cooke Tavern Soups; Frontier Soups; CAMPBELL COMPANY OF CANADA; Bear Creek Country Kitchens, LLC; John A. McDougall, M.D.; Harvest Right LLC |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The market is expected to register a 7.9% CAGR through 2033.
Growing demand for ready-to-eat meals drive market expansion.
From 2018 to 2022, the market expanded at an 8.7% CAGR.
The market is valued at USD 2.1 billion in 2023.
The market is estimated to reach USD 4.5 billion by 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product 5.1. Dehydrated Dried Soups 5.2. Instant Dried Soups 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Packaging 6.1. Pouches 6.2. Cups 6.3. Boxes 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 7.1. HORECA 7.2. Modern Trade 7.3. Convenience Stores 7.4. Online Stores 7.5. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Unilever Canada Inc. (Knorr) 18.2. Harmony House Foods, Inc. 18.3. J. Heinz Company, L.P. 18.4. McKenzie's 18.5. Mother Earth Products 18.6. Cooke Tavern Soups 18.7. Frontier Soups 18.8. CAMPBELL COMPANY OF CANADA 18.9. Bear Creek Country Kitchens, LLC 18.10. John A. McDougall, M.D. 18.11. Harvest Right LLC 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Food and Beverage Insights
View Reports
Dried Soup Market
