Canned Soup Market - By Category , By Format , By Source , By Distribution Channel and by Geography - Opportunity Analysis & Industry Forecast, 2025-2031

Report Code: FBR 35105 Report Format: PDF + Excel

Canned Soup Market Overview

Canned Soup Market size is forecast to reach $16.4 billion by 2031, after growing at a CAGR of 6.1% during 2025-2031. Canned Soup encompasses a wide array of materials and designs specifically tailored to meet the unique needs of farmers and distributors.Increasing demand for convenience,product innovation and flavor variety, long shelf life, growing demand for protein, health and nutritional benefits, affordable pricing, expansion of retail and online distribution channels, product innovation and premium offerings and  food security and emergency preparedness are expected to drive the market during the forecast period.

A key trend for this market is the increasing demand for healthier, plant-based soups. Heinz UK has introduced vegan versions of its best-selling canned products including Creamy Tomato Soup in January, 2023.The plant-based soup replaces dairy with fermented soy. Additionally, the globalization of cuisine is influencing consumer preferences, as people are more open to trying diverse flavors and ingredients from different cultures. As consumers are driven towards global flavors canned soup manufacturers are introducing a wider variety of flavors and ingredients, such as miso soup from Japan, tom yum from Thailand and gazpacho from Spain. 

Market Snapshot:

Canned Soup Market

Canned Soup Market- Report Coverage:

The “Canned Soup Market Report - Forecast (2025-2031)” by IndustryARC, covers an in-depth analysis of the following segments in the Canned Soup Market.

Attribute Segment

By Category

  • Vegetarian
  • Non-Vegetarian

By Format

  • Ready to serve
  • Condensed
  • Others

By Source

  • Organic
  • Conventional

By Distribution Channel

  • Offline
  • Online

By Geography

  • North America (U.S, Canada and Mexico)
  • Europe (Germany, France, UK, Italy, Spain, Netherlands, Belgium, Denmark and Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Thailand, Malaysia and Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)
  • Rest of the World (Middle East and Africa).

Key Takeaways

Non Vegetarian Soups to Grow the Fastest

Non-vegetarian soups are anticipated to grow the fastest during the forecast period due to the rising consumer demand for protein-rich meals and the increasing popularity of global and fusion cuisines. Its versatility in flavors, from creamy to spicy, caters to a wide range of consumer preferences, while the availability of low-sodium and organic options has expanded its appeal. Strong brand presence, particularly from well-established companies like Campbell’s, further solidifies its position, along with its convenience as a quick, ready-to-eat meal, making it a staple in households seeking both comfort and ease. According to a survey by Campbells, 73% of Americans stated that chicken noodle soup is the best for providing comfort when one has a cold. The global demand for low-sodium, organic, and functional chicken soups has risen. Consumers prefer soups made with healthier, simple ingredients, a trend particularly notable in the canned non-vegetarian soup segment.

Ready to serve is the largest segment 

The ready-to-serve (RTS) soup segment holds the largest share in the market due to its convenience, long shelf life, and minimal preparation time. Consumers, especially those with busy lifestyles, prefer RTS soups as they require little to no additional cooking, making them a quick and hassle-free meal option. During inflationary periods, RTS soups become even more popular as they offer an affordable, nutritious, and easy-to-store alternative to fresh meals. Additionally, major brands are expanding their RTS soup offerings with healthier, plant-based, and globally inspired flavors, further driving demand. Between 2023 and 2024, several ready-to-eat soups were launched to meet growing consumer demand for convenience and variety. Heinz UK expanded its plant-based offerings in early 2023 by introducing vegan versions of its popular Creamy Tomato Soup. In late 2024, Costco launched a heat-and-eat Lasagna Soup by Heritage Specialty Foods.

North America Dominates the Market

North America dominates the canned soup market primarily driven by the United States. North Americans have a strong preference for convenient, ready-to-eat meals. Canned soups fit perfectly into this lifestyle by offering quick and easy meal solutions. During hurricane and tornado seasons, as well as in emergency preparedness guides, stocking up on canned goods, especially soups is highly recommended. Major companies like The Campbell Company, General Mills and Kraft Heinz are headquartered in the U.S and offer a wide range of flavors, healthier options and premium products to cater to diverse consumer tastes. According to Campbell’s annual report, in 2023 sales of U.S. soup increased 3% primarily due to increases in ready-to-serve soups and broth.

Economic Reasons Drive the market 

Price plays a significant role in driving the soup market, as affordability and value for money are key factors influencing consumer purchasing decisions. Canned soups, in particular, are cost-effective, offering a convenient and budget-friendly meal option compared to fresh or restaurant-prepared alternatives. During periods of inflation and economic uncertainty, consumers tend to stock up on canned foods, including soups, as they have a longer shelf life and provide an easy, ready-to-eat meal solution. For instance, USDA’s findings show that 13.5% of households were food insecure for at least some time in 2023, a significant uptick from the 12.8% of households that were food insecure in 2022.  Rising food prices and increased grocery bills push consumers to seek more economical choices making canned soups a preferred option for cost-conscious shoppers. This trend has led to a surge in demand for shelf-stable soups as households look for ways to manage expenses while ensuring access to nutritious and satisfying meals.

Canned Soup Market

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Key Market Players

Global Canned Foods top 10 companies include:

  1. The Campbell’s Company 
  2. General Mills
  3. The Kraft Heinz Company
  4. Nestlé S.A
  5. Hain Celestial Group
  6. Amy’s Kitchen
  7. Kroger
  8. Amazon (Whole Foods)
  9. Conagra Brands Inc.
  10. Baxters Food Group 

Scope of the Report:

Report Metric Details

Base Year Considered

2024

Forecast Period

2025–2031

CAGR

16.4%

Market Size in 2031

$6.1 Billion

Segments Covered

By Category, By Format, By Source, By Distribution Channel, By Geography.

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Netherlands, Belgium, Denmark and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand, Indonesia, Thailand, Malaysia and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa)

Key Market Players

  1. The Campbell’s Company
  2. General Mills
  3. The Kraft Heinz Company
  4. Nestlé S.A
  5. Hain Celestial Group
  6. Amy’s Kitchen
  7. Kroger
  8. Amazon (Whole Foods)
  9. Conagra Brands Inc.
  10. Baxters Food Group

 

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  1. Canned Soup Market- Market Overview
          1.1 Definitions and Scope
  2. Canned Soup Market- Executive Summary
          2.1 Key Trends by Category
          2.2 Key Trends by Format
          2.3 Key Trends by Source
          2.4 Key Trends by Distribution channel
          2.5 Key Trends by Geography
  3. Canned Soup Market– Comparative analysis
          3.1 Market Share Analysis- Major Companies
          3.2 Product Benchmarking- Major Companies
          3.3 Top 5 Financials Analysis
          3.4 Patent Analysis- Major Companies
          3.5 Pricing Analysis (ASPs will be provided)
  4. Canned Soup Market- Startup Companies Scenario 
          4.1 Major startup company analysis:
                    4.1.1 Investment
                    4.1.2 Revenue
                    4.1.3 Product portfolio
                    4.1.4 Venture Capital and Funding Scenario
  5. Canned Soup Market– Industry Market Entry Scenario Premium 
          5.1 Regulatory Framework Overview
          5.2 New Business and Ease of Doing Business Index
          5.3 Successful Venture Profiles
          5.4 Customer Analysis – Major companies
  6. Canned Soup Market- Market Forces
          6.1 Market Drivers
          6.2 Market Constraints
          6.3 Porters Five Force Model
                    6.3.1 Bargaining Power of Suppliers
                    6.3.2 Bargaining Powers of Buyers
                    6.3.3 Threat of New Entrants
                    6.3.4 Competitive Rivalry
                    6.3.5 Threat of Substitutes
  7. Canned Soup Market– Strategic Analysis
          7.1 Value/Supply Chain Analysis
          7.2 Opportunity Analysis
          7.3 Product/Market Life Cycle
          7.4 Distributor Analysis – Major Companies
  8. Canned Soups Market – By Category (Market Size –$Million/$Billion) 
          8.1 Vegetarian
                    8.1.1 Tomato
                    8.1.2 Mushroom
                    8.1.3 Carrot
                    8.1.4 Onion
                    8.1.5 Lentils
                    8.1.6 Others
          8.2 Non-Vegetarian
                    8.2.1 Chicken
                    8.2.2 Beef
                    8.2.3 Sea Food
                    8.2.4 Others
  9. Canned Soups Market –By Format (Market Size –$Million/$Billion) 
      9.1. Ready to serve
      9.2. Condensed 
      9.3. Others
  10. Canned Soups Market – By Source (Market Size –$Million/$Billion) 
      10.1. Organic
      10.2 2. Conventional
  11. Canned Soups Market - By Distribution Channel (Market Size – $Million/$Billion)
      11.1 Offline
               11.1.1 Supermarkets/Hypermarkets
               11.1.2 Convenience Stores
               11.1.3 Specialty Stores
               11.1.4 Others
      11.2 Online
  12. Canned Soups Market - By Geography (Market Size – $Million/$Billion)
      12.1 North America
            12.1.1 U.S
            12.1.2 Canada
            12.1.3 Mexico
      12.2 Europe
            12.2.1 Germany
            12.2.2 France
            12.2.3 UK
            12.2.4 Italy
            12.2.5 Spain
            12.2.6 Denmark
            12.2.7 Netherlands
            12.2.8 Rest of Europe
      12.3 Asia-Pacific
            12.3.1 China
            12.3.2 Japan
            12.3.3 South Korea
            12.3.4 India
            12.3.5 Australia & New Zealand
            12.3.6 Rest of Asia-Pacific
      12.4 South America
            12.4.1 Brazil
            12.4.2 Argentina
            12.4.3 Chile
            12.4.4 Colombia
            12.4.5 Rest of South America
      12.5 Rest of World
            12.5.1 Middle East
            12.5.2 Africa
  13.Canned Soups Market - Market Entropy
      13.1 New product launches
      13.2 M&As, collaborations, JVs, and partnerships
  14. Canned Soups Market – Industry Competition Landscape 
      14.1 Market Share Analysis
            14.1.1 Global Market Share – Key Companies
            14.1.2 Market Share by Region – Key Companies
            14.1.3 Market Share by Countries – Key Companies
      14.2 Competition Matrix
      14.3 Best Practices for Companies
  15. Canned Soups Market – Key Company List by Country Premium
  16. Canned Soups Market - Company Analysis
      16.1 The Campbell’s Company
      16.2 General Mills
      16.3 The Kraft Heinz Company
      16.4 Nestlé S.A.
      16.5 Hain Celestial Group
      16.6 Amy’s Kitchen
      16.7 Kroger
      16.8 Amazon (Whole Foods)
      16.9 Conagra Brands Inc.
      16.10 Baxters Food Group
  
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LIST OF TABLES

1.Global Canned Soups Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
2.Global Canned Soups Market Analysis and Forecast By Ingredient Market 2023-2030 ($M)
3.Global Canned Soups Market Analysis and Forecast By Product Type Market 2023-2030 (Volume/Units)
4.Global Canned Soups Market Analysis and Forecast By Ingredient Market 2023-2030 (Volume/Units)
5.North America Canned Soups Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
6.North America Canned Soups Market Analysis and Forecast By Ingredient Market 2023-2030 ($M)
7.South America Canned Soups Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
8.South America Canned Soups Market Analysis and Forecast By Ingredient Market 2023-2030 ($M)
9.Europe Canned Soups Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
10.Europe Canned Soups Market Analysis and Forecast By Ingredient Market 2023-2030 ($M)
11.APAC Canned Soups Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
12.APAC Canned Soups Market Analysis and Forecast By Ingredient Market 2023-2030 ($M)
13.MENA Canned Soups Market Analysis and Forecast By Product Type Market 2023-2030 ($M)
14.MENA Canned Soups Market Analysis and Forecast By Ingredient Market 2023-2030 ($M)

LIST OF FIGURES

1.US Canned Soups Market Revenue, 2023-2030 ($M)
2.Canada Canned Soups Market Revenue, 2023-2030 ($M)
3.Mexico Canned Soups Market Revenue, 2023-2030 ($M)
4.Brazil Canned Soups Market Revenue, 2023-2030 ($M)
5.Argentina Canned Soups Market Revenue, 2023-2030 ($M)
6.Peru Canned Soups Market Revenue, 2023-2030 ($M)
7.Colombia Canned Soups Market Revenue, 2023-2030 ($M)
8.Chile Canned Soups Market Revenue, 2023-2030 ($M)
9.Rest of South America Canned Soups Market Revenue, 2023-2030 ($M)
10.UK Canned Soups Market Revenue, 2023-2030 ($M)
11.Germany Canned Soups Market Revenue, 2023-2030 ($M)
12.France Canned Soups Market Revenue, 2023-2030 ($M)
13.Italy Canned Soups Market Revenue, 2023-2030 ($M)
14.Spain Canned Soups Market Revenue, 2023-2030 ($M)
15.Rest of Europe Canned Soups Market Revenue, 2023-2030 ($M)
16.China Canned Soups Market Revenue, 2023-2030 ($M)
17.India Canned Soups Market Revenue, 2023-2030 ($M)
18.Japan Canned Soups Market Revenue, 2023-2030 ($M)
19.South Korea Canned Soups Market Revenue, 2023-2030 ($M)
20.South Africa Canned Soups Market Revenue, 2023-2030 ($M)
21.North America Canned Soups By Application
22.South America Canned Soups By Application
23.Europe Canned Soups By Application
24.APAC Canned Soups By Application
25.MENA Canned Soups By Application
26.Competitive Dashboard, Sales /Revenue, 2015-2018 ($Mn/$Bn)

The Canned Soup Market is projected to grow at 6.1% CAGR during the forecast period 2025-2031.

The Canned Soup Market size is estimated to be $10.8 billion in 2024 and is projected to reach $16.4 billion by 2031

The leading players in the Canned FoodsThe Campbell’s Company, General Mills, The Kraft Heinz Company, Nestlé S.A., and Hain Celestial Group are key players in the soup market and others.

The key trends for this market are the increasing demand for healthier, plant-based soups and growing globalization of cuisine.

Increasing demand for convenience, long shelf life, health and nutritional benefits, affordable pricing, expansion of retail and online distribution channels, product innovation and premium offerings, food security and emergency preparednessand sustainability trends are expected to drive the market during the forecast period.