The global soup market attained a value of USD 17 billion in 2020,.

The global soup market attained a value of USD 17 billion in 2020,. Aided by the increasing health consciousness, the market is expected to sustain further growth in the forecast period of 2022-2027, growing at a CAGR of 2.8%. The market is projected to reach USD 20 billion by 2026. Based on its categories, the soup industry can be distributed into two categori vegetarian and non-vegetarian. The industry's products are liquid, dried, and frozen, among others. Based on packaging type, the industry is divided into bottled, canned, and pouched, among others. Based on the distribution channels, the market is categorized into supermarkets and hypermarkets, convenience stores, online, and food services. The major players in different region are from North America, Europe, the Asia Pacific, Latin America, the Middle East, and Africa. The key players in the above market include Campbell Soup Company, The Kraft Heinz Company, Unilever PLC, General Mills Inc.