Dried Soup (Mixes) Market - Forecast(2024 - 2030)

Report Code: FBR 0317 Report Format: PDF + Excel

Dried Soup (Mixes) Market Overview

The Dried Soup (Mixes) Market size is forecast to reach $5.3 billion by 2026, growing at a CAGR of 6.4% during the forecast period 2021-2026. Dried soup (mixes) is an instant soup mix that consists of meat, grains, legumes, and dehydrated vegetables among others. Ingredients in dried soup are dehydrated using air drying and freeze drying process and it also doesn’t loses the nutritious value of the food. Dried soup is more nutritious than canned soups as it is more nutritious than canned soups. It consists of huge amount of preservatives and sodium and is considered a convenience food and is popular among working population. Some of the dried soups include bouillon cubes, split peas soup, and mushroom soup powder among others. An increasing number of vegan consumers and increasing preference of the consumers for convenience foods is the major factor driving the growth of the market. Increasing awareness regarding the nutritional benefits and increasing shelf life of the products is set to further enhance the overall market developments of the Dried Soup (mixes) Market for the period 2021-2026.

Dried Soup (Mixes) Market Report Coverage

The report: “Dried Soup (Mixes) Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Plant Based Snacks Market. 

By Product Type: Dehydrated Soup, and Instant Soup
By Type: Vegetarian Soup, and Non-Vegetarian Soup
By Preparation: Regular, and Organic
By Form: Liquid, and Solid
By Packaging: Cup, and Pouch
By Distribution Channel: Hypermarket & Supermarket, Retail Stores, and Convenience Stores
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa)

Key Takeaways

  • North America dominated the Dried Soup (Mixes) Market in 2020 owing to the increasing usage of dry soup (mixes) by the working population and increasing shift towards the natural food substitutes. The Dried Soup (Mixes) Market scope for different regions will be provided in the final report.
  • Increasing usage of nutritional supplements and increasing consumer inclination towards healthy diets are likely to aid the market growth of the Dried Soup (Mixes) Market report.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Dried Soup (Mixes) Market report.
  • High competition and stringent regulations is poised to create the hurdles for the Dried Soup (Mixes) Market.

Dried Soup (Mixes) Market Revenue Share, By Geography, 2020 (%)

Dried Soup (Mixes) Market

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Dried Soup (Mixes) Market Segment Analysis – By Product

Dehydrated Soup held the largest share in the Dried Soup (Mixes) Market in 2020 and is estimated to grow at a CAGR 6.9% during the forecast period 2021-2026. This is attributed to the various health benefits that are associated with the dehydrated soup. Increasing inclination of working population towards the healthy food that includes easy to make and eat products along with the introduction of new products that have additional ingredients and flavors are also increasing the growth of the segment. Dehydrated soup contains high content of nutrition, minerals, vitamins, and proteins that are highly nutritious. Dehydrated Soup are estimated to register the higher CAGR over the period 2021-2026.

Dried Soup (Mixes) Market Segment Analysis – By Type

Vegetarian Soup held the largest share in the Dried Soup (Mixes) Market in 2020 and is estimated to grow at a CAGR 7.0% during the forecast period 2021-2026. This is owing to the easy availability, and increasing demand for meat alternative products. There is an increasing demand for vegetarian soup owing to the increasing consumer acceptance level, and increasing consumption as meal alternative. Increasing consumer demand and various alternative to animal based soup are also increasing the growth of the segment. Vegetarian Soup are estimated to register the higher CAGR over the period 2021-2026.

Dried Soup (Mixes) Market Segment Analysis – By Geography

North America dominated the Dried Soup (Mixes) Market with a major share of 35.3% in 2020. This is attributed to the increasing government initiatives to enhance consumer knowledge towards new products of vegetarian soups, and increasing demand for new & unique taste. Increasing consumer inclination towards the healthy diet, and increasing number of working population is also increasing the growth of the market in this region.

However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the ease of resource availability. Increasing awareness of the animal welfare, ban on various animal based products, and increasing concerns pertaining to the animal based food products is increasing the growth of the market in this region.

Dried Soup (Mixes) Market Drivers

Increasing Shift of the Consumers towards the Veganism

Increasing shift of the consumers towards the veganism is increasing the growth of the Dried Soup (Mixes) Market. This is owing to the increasing awareness of the consumers regarding the health, social impact, and sustainability. Dried soup (mixes) are rich in minerals, vitamins, nutrients, and proteins. Increasing shift of the consumers towards the veganism owing to the animal welfare, and personal health. Increasing demand for convenience food and increasing awareness regarding the health benefits of soups are also increasing the growth of the market. Thus, increasing the growth of the Dried Soup (Mixes) Market during the forecast period 2021-2026.

Increasing Health Conscious Consumers

Increasing health conscious consumers is increasing the growth of the market. This is owing to the nutritional benefits of the dried soup (mixes) that have encouraged the consumers to opt such products. Dried soup (mixes) are convenient to grab on – the - go, are nutrient dense that provides vitamins, minerals, and energy. Increasing number of working population has also led in the consumption of dried soups. Thus, increasing the growth of the Dried Soup (Mixes) Market during the forecast period 2021-2026.

Dried Soup (Mixes) Market Challenges

High Competition and Stringent Regulations

Some of the factors that are set to impede the growth of the Dried Soup (Mixes) Market are high competition and stringent regulations. High content of salt and corn in dried products increases the level of blood pressure and blood sugar that hampers the health of the individual. Thus, hindering the growth of the market.

Dried Soup (Mixes) Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Dried Soup (Mixes) Market. In 2020, the Dried Soup (Mixes) Market share is consolidated by the top ten players present in the market. The Dried Soup (Mixes) Market, top 10 companies are Associated British Foods PLC, Baxters Food Group Limited, Bear Creek Country Kitchens LLC, Campbell Soup Company, and Nestle among others.

Relevant Titles:

Soup Market - Forecast(2021 - 2026)

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Europe Soup Market - Forecast(2021 - 2026)

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1. Dried Soup (Mixes) Market- Overview
    1.1 Definitions and Scope
2. Dried Soup (Mixes) Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Type
    2.4 Key trends by Preparation
    2.5 Key trends by Packaging
    2.6 Key trends by Distribution Channel
    2.7 Key trends by Geography
3. Dried Soup (Mixes) Market– Comparative Analysis
    3.1 Company Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis - Average Selling Price
4. Dried Soup (Mixes) Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Dried Soup (Mixes) Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Dried Soup(Mixes) Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Dried Soup (Mixes) Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Dried Soup (Mixes) Market – By Product Type(Market Size –$Million/$Billion)
    8.1 Dehydrated Soup
    8.2 Instant Soup
9. Dried Soup (Mixes) Market – By Type(Market Size –$Million/$Billion)
    9.1 Vegetarian Soup
    9.2 Non-Vegetarian Soup
10. Dried Soup (Mixes) Market – By Preparation(Market Size –$Million/$Billion)
    10.1 Regular
    10.2 Organic
11. Dried Soup (Mixes) Market – By Packaging(Market Size –$Million/$Billion)
    11.1 Cup
    11.2 Pouch
12. Dried Soup (Mixes) Market – By Distribution Channel(Market Size –$Million/$Billion)
    12.1 Hypermarket & Supermarket
    12.2 Retail Stores
    12.3 Convenience Stores
13. Dried Soup (Mixes) Market- By Geography(Market Size –$Million/$Billion)
    13.1 North America
        13.1.1 U.S.
        13.1.2 Mexico
        13.1.3 Canada
    13.2 Europe
        13.2.1 U.K.
        13.2.2 France
        13.2.3 Germany
        13.2.4 Italy
        13.2.5 Spain
        13.2.6 Rest of Europe
    13.3 Asia Pacific
        13.3.1 China
        13.3.2 India
        13.3.3 Japan
        13.3.4 South Korea
        13.3.5 Australia & New Zealand
        13.3.6 Rest of APAC
    13.4 Rest of the World
        13.4.1 Middle East
        13.4.2 Africa
        13.4.3 South America
14. Dried Soup (Mixes) Market- Entropy
15. Dried Soup (Mixes) Market– Industry/Segment Competition Landscape Premium 
    15.1 Market Share Analysis
        15.1.1 Global Market Share – Key Companies
        15.1.2 Market Share by Region – Key companies
        15.1.3 Market Share by Countries – Key Companies
        15.1.4 Competition Matrix
        15.1.5 Best Practices for Companies
16. Dried Soup (Mixes) Market– Key Company List by Country Premium Premium
17. Dried Soup (Mixes) Market Company Analysis
    17.1 Company 1
    17.2 Company 2
    17.3 Company 3
    17.4 Company 4
    17.5 Company 5
    17.6 Company 6
    17.7 Company 7
    17.8 Company 8
    17.9 Company 9
    17.10 Company 10
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