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Strong Growth Ahead: Dried Soup Market Size To Grow At Arecord 7.5% Cagr By 2029
The Dried Soup Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Dried Soup Market Size Expected to Be by 2034?
The dried soup market will grow from $3.12 billion in 2024 to $3.37 billion in 2025, at a CAGR of 7.7%. The growth is driven by convenience, health awareness, a variety of flavors, the rise of e-commerce, and demand for non-perishable foods.
The dried soup market is expected to reach $4.49 billion by 2029, growing at a CAGR of 7.5%. Growth is attributed to eco-friendly packaging, technological advancements in food processing, increasing health consciousness, expansion in emerging markets, and increased marketing efforts. Key trends include demand for organic ingredients, packaging innovations, rising popularity of global flavors, online sales, and clean-label products.
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What Are the Emerging Segments Within the Dried Soup Market?
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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What Long-Term Drivers Are Shaping Dried Soup Market Trends?
The rising demand for ready-to-eat meals is driving the dried soup market. Convenience foods are becoming more popular due to fast-paced lifestyles and urbanization. Dried soups meet this demand by offering quick preparation. Agriculture and Agri-Food Canada reported that processed food and beverage exports hit $54.3 billion in 2022-a 14.1% rise from 2021. Therefore, demand for easy meal options is spurring the dried soup market.
Who Are the Top Competitors in Key Dried Soup Market Segments?
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
What Dried Soup Market Trends Are Gaining Traction Across Different Segments?
Companies in the dried soup market are adopting new product types such as dried vegetable soups to promote growth and diversification. These soups are made with dehydrated vegetables and are ready to eat. For instance, in July 2022, Maya Kaimal Foods LLC introduced a range of vegan dried soups in flavors like spiced lentil and creamy spiced butternut, using plant-based ingredients for convenience and nutritional value.
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Which Regions Are Becoming Hubs for Dried Soup Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Dried Soup Market?
2. What is the CAGR expected in the Dried Soup Market?
3. What Are the Key Innovations Transforming the Dried Soup Industry?
4. Which Region Is Leading the Dried Soup Market?
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