How large is the dried soup market, and what is its growth trajectory?
The dried soup market size has grown strongly in recent years. It will grow from $3.12 billion in 2024 to $3.37 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to convenience and ease of preparation, consumers’ high awareness of health and wellness, the introduction of a wide range of flavors and varieties, the rise of e-commerce platforms, increased the demand for non-perishable, easy-to-store food products.
The dried soup market size is expected to see strong growth in the next few years. It will grow to $4.49 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to sustainability and eco-friendly packaging, technological advancements in food processing, increasing health consciousness, increasing health consciousness, expansion into emerging markets, and increased marketing and promotional efforts. Major trends in the forecast period include increased demand for organic ingredients, innovations in packaging for convenience, rising popularity of global flavors, expansion in online sales, focus on health and wellness benefits, and increased consumer preference for clean-label products.
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Which major factors have contributed to the expansion of the dried soup market?
The growing demand for convenience and ready-to-eat food products is expected to propel the growth of the dried soup market going forward. Convenience and ready-to-eat foods are pre-prepared meals or snacks that offer quick and easy consumption and require minimal or no cooking. The rise in demand for convenience and ready-to-eat foods reflects a societal preference for quick and easy meal solutions due to changing lifestyles and increased urbanization. Dried soup is a convenient and ready-to-eat food product that requires only the addition of hot water or broth for quick and easy consumption. For instance, in October 2023, according to Agriculture and Agri-Food Canada (AAFC), a Canada-based government department for agriculture and food-related products, exports of processed food and beverage products reached an all-time high of $54.3 billion in 2022, marking a 14.1% increase compared to 2021. These exports represented 34.7% of the total production value. Therefore, the growing demand for convenience and ready-to-eat food products will drive the dried soup market.
How is the dried soup market segmented?
The dried soup market covered in this report is segmented –
1) By Product: Dehydrated Dried Soups, Instant Dried Soups
2) By Packaging: Pouches, Cups, Boxes
3) By Distribution Channel: Supermarket Or Hypermarket, Convenience Stores, Grocery Stores, Online Retail Stores, Other Distribution Channels
Subsegments:
1) By Dehydrated Dried Soups: Freeze-Dried Soups, Air-Dried Soups, Spray-Dried Soups, Sun-Dried Soups
2) By Instant Dried Soups: Cup Noodles, Instant Soup Mixes (Powdered Or Granular), Ready-To-Eat Instant Soups, Ramen And Noodle Soups
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Who are the top competitors in the dried soup market?
Major companies operating in the dried soup market are The Kroger Co, Nestlé S.A., Unilever PLC, H. J. Heinz Company, General Mills Inc., Trader Joe’s Company Inc., Campbell Soup Co., McCormick & Company, Nissin Food Products Co. Ltd., Del Monte Foods Inc., Bob’s Red Mill Natural Foods Inc., Maruchan Inc., Tabatchnick Fine Foods Inc., Harvest Right LLC, Dr. McDougall’s Right Foods Inc., Mother Earth Products, Cooke Tavern Ltd., Bear Creek Country Kitchens LLC, Brodo Company, Harmony House Foods Inc., Anderson House Foods
Which key trends are expected to influence the dried soup market in the coming years?
Major companies operating in the dried soup market are adopting innovative products, such as dried vegetable soups, to enhance market growth and diversification. Dried vegetable soups are ready-to-eat soup products that contain dehydrated vegetables as their main ingredients. For instance, in July 2022, Maya Kaimal Foods LLC, a US-based food and beverage manufacturing company, launched spiced lentil, creamy spiced butternut, tomato and warm spices, and creamy chickpea, a range of vegan dried soups in four different flavors. These dried soup products are made up of plant-based products and are available in ready-to-use format.
Which regional trends are influencing the dried soup market, and which area dominates the industry?
North America was the largest region in the dried soup market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dried soup market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Dried Soup Market Report 2025 Offer?
The dried soup market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Dried soup refers to a packaged mix of dehydrated ingredients such as vegetables, noodles, herbs, and spices that can be reconstituted with water to make a quick and convenient soup. These mixes are popular for their long shelf life, ease of preparation, and versatility, often serving as a convenient meal option for camping, hiking, or emergency situations.
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