Soups - Czechia | Statista Market Forecast

Revenue in the Soups market amounts to US$121.60m in 2024. The market is expected to grow annually by 2.17% (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$11.58 are generated in 2024.
In the Soups market, volume is expected to amount to 17.46m kg by 2029. The Soups market is expected to show a volume growth of 0.2% in 2025.0.
The average volume per person in the Soups market is expected to amount to 1.6kg 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 Soup market in Czechia within the Convenience Food Market has seen negligible growth due to various factors, such as limited consumer awareness and availability of convenient, ready-to-eat options. However, the increasing demand for healthy, convenient food options may drive growth in the future.

Customer preferences: Convenience and time-saving solutions continue to be top priorities for consumers in Czechia, leading to a rise in demand for ready-to-eat soups in the Convenience Food Market within The Food market. This trend is particularly driven by busy working professionals and students, who are seeking quick and easy meal options. Additionally, with the increasing awareness of health and wellness, there has been a shift towards more nutritious and natural soup options, as well as a demand for plant-based and organic soups among health-conscious consumers.

Trends in the market: In Czechia, the Soups Market within the Convenience Food Market is seeing a surge in demand for healthier and more organic options. This trend is driven by consumer concerns over health and wellness, as well as a desire for more sustainable and environmentally-friendly products. As a result, there is an increasing number of companies offering organic and natural soups, with a focus on locally-sourced ingredients. This trend is expected to continue, with potential implications for industry stakeholders such as increased competition and the need for innovation in product offerings.

Local special circumstances: In Czechia, the Soups Market of the Convenience Food Market within The Food market is influenced by the country's rich soup tradition and the popularity of ready-to-eat meals among the busy urban population. Additionally, the Czech government's efforts to promote healthy eating habits have led to the development of a wide range of low-fat and organic soup options in the market. This unique blend of cultural and regulatory factors has contributed to the growth and diversity of the soups market in Czechia.

Underlying macroeconomic factors: The Soups Market of the Convenience Food Market within The Food market in Czechia is influenced by various macroeconomic factors. Global economic trends, such as changing consumer preferences and increasing demand for convenient and healthy food options, have a significant impact on the market. Additionally, the national economic health of Czechia, including factors like GDP growth, inflation, and unemployment rates, can affect consumer spending and ultimately the performance of the Soups Market. Fiscal policies, such as tax rates and government subsidies, may also influence the market by affecting production costs and consumer purchasing power. Other relevant financial indicators, such as exchange rates and interest rates, can also impact market performance by influencing import and export trends and consumer behavior. Overall, these macroeconomic factors play a crucial role in shaping the growth and development of the Soups Market of the Convenience Food Market within The Food market in Czechia.

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.