Soups - CIS | Statista Market Forecast

Revenue in the Soups market amounts to US$2.10bn in 2024. The market is expected to grow annually by 9.16% (CAGR 2024-2029).
In global comparison, most revenue is generated Indonesia (US$10bn in 2024).
In relation to total population figures, per person revenues of US$8.67 are generated in 2024.
In the Soups market, volume is expected to amount to 526.90m kg by 2029. The Soups market is expected to show a volume growth of 4.3% in 2025.0.
The average volume per person in the Soups market is expected to amount to 1.8kg in 2024.

Definition:

The Soups market covers any type of soup that is ready for consumption immediately after purchase or after heating. These soups require minimal preparation by the consumer and included instant soups that typically come in powdered form and broth or liquid soups that are purchased in prepared form such as tinned soups.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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Dehydrated soup
Tinned and other packaged soup
Broth
Canned soups and stews
Fondue soup
Frozen soups, Instant miso soup

Other ready-to-eat meals
Out-of-home consumption

The CIS Soups Market in the Convenience Food Market is experiencing subdued growth due to various factors, such as low consumer health awareness and limited access to online services. Despite this, the market is still seeing some growth, driven by the convenience of ready-to-eat soups.

Customer preferences: Convenience plays a major role in shaping consumer preferences in the Soups Market of the Convenience Food Market within The Food market. Time-poor individuals are increasingly opting for ready-to-eat and easy-to-prepare soups, with a focus on healthier options. This has led to a rise in demand for plant-based and organic soups, as well as innovative packaging solutions for on-the-go consumption. Additionally, with the rise of online grocery shopping, consumers are also looking for soup options that can be easily added to their virtual carts.

Trends in the market: In the CIS and Soups Market of the Convenience Food Market within The Food market, there is a growing trend towards healthier and more sustainable options. Consumers are increasingly demanding plant-based and organic soups, while manufacturers are incorporating more nutrient-dense ingredients and sustainable packaging. This trajectory is significant as it aligns with the overall shift towards healthier and more environmentally conscious consumption. It also presents opportunities for industry stakeholders to tap into this growing market segment and differentiate their offerings. However, it may also require changes in production processes and supply chain management.

Local special circumstances: In the CIS region, the Soups Market of the Convenience Food Market within The Food market is heavily influenced by the traditional consumption habits of the local population. For example, soups are a staple in many households and are often prepared using fresh, locally sourced ingredients. This sets the market apart from other regions where canned or packaged soups may be more prevalent. Additionally, cultural preferences for homemade meals and a strong emphasis on natural and healthy ingredients contribute to the demand for fresh soups in the region. Furthermore, regulatory restrictions on food additives and preservatives in some CIS countries also play a role in shaping the Soups Market, with consumers preferring products with minimal or no artificial ingredients.

Underlying macroeconomic factors: The Soups Market of the Convenience Food Market within The Food market is heavily influenced by macroeconomic factors such as consumer spending power, trade policies, and government regulations. Countries with stable economic conditions and a growing middle class are witnessing a rise in demand for convenience foods, including soups. On the other hand, regions with strict regulations on food imports and exports may experience slower market growth due to limited product availability and higher prices. The rising trend of health-consciousness among consumers is also impacting the market, leading to a shift towards healthier and organic soup options.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.