Soups - Qatar

  • Qatar
  • Revenue in the Soups market amounts to US$70.86m in 2024. The market is expected to grow annually by 4.80% (CAGR 2024-2029).
  • In global comparison, most revenue is generated in Indonesia (US$10,110m in 2024).
  • In relation to total population figures, per person revenues of US$25.89 are generated in 2024.
  • In the Soups market, volume is expected to amount to 13.21m kg by 2029. The Soups market is expected to show a volume growth of 3.5% in 2025.
  • The average volume per person in the Soups market is expected to amount to 4.1kg in 2024.

Key regions: United Kingdom, Russia, Philippines, United States, Spain

 
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Analyst Opinion

The Soups Market in Qatar has seen minimal growth due to factors such as limited consumer awareness and the convenience of traditional home-cooked meals. However, with the increasing trend of convenience food in the region, the market is expected to experience a gradual growth rate in the future.

Customer preferences:
In Qatar, the Soups Market of the Convenience Food Market within The Food market has seen a rise in demand for healthier and more nutritious options. This trend is largely driven by the increasing health consciousness among consumers and the growing awareness of the importance of a balanced diet. As a result, there has been a shift towards soups made with natural and organic ingredients, as well as those that cater to specific dietary requirements such as gluten-free or vegan. Additionally, there has been a rise in demand for soups with regional flavors and spices, reflecting the cultural diversity of the country.

Trends in the market:
In Qatar, the Soups Market of the Convenience Food Market within The Food market is experiencing a surge in demand for healthier, organic options. This trend is driven by a growing awareness of the health benefits of natural ingredients, as well as concerns about food safety and sustainability. As a result, industry players are increasingly incorporating fresh, locally sourced ingredients in their products. This trend is expected to continue, with a focus on innovation and product differentiation to cater to evolving consumer preferences. Additionally, with the rise of e-commerce and online grocery shopping, there is a growing trend of consumers opting for convenient, ready-to-eat soup options. This shift towards e-commerce is also expected to drive the growth of the Soups Market in Qatar, as online platforms offer a wider variety of products and easier access to niche or imported options. Overall, these trends present opportunities for industry stakeholders to tap into the growing demand for healthier and more convenient soup options in Qatar's market.

Local special circumstances:
In Qatar, the Soups Market of the Convenience Food Market within The Food market is influenced by the country's high expatriate population and their demand for familiar and convenient food options. Additionally, the hot and dry climate in Qatar makes soups a popular choice among locals and expats alike, leading to a steady demand for soups throughout the year. The country's strict import regulations also play a role in shaping the Soups Market, as certain ingredients and flavors may be limited or prohibited. This creates opportunities for local producers to innovate and cater to the unique tastes of the Qatari market.

Underlying macroeconomic factors:
The Soups Market of the Convenience Food Market within The Food market in Qatar is highly influenced by macroeconomic factors such as economic stability, consumer purchasing power, and government policies. The country's strong economic growth and favorable investment climate have resulted in a higher demand for convenience foods, including soups. Additionally, the increasing urbanization and changing lifestyles have led to a shift towards convenient and ready-to-eat options, further driving the growth of the Soups Market. Moreover, the government's initiatives to promote food security and reduce dependence on imports have also positively impacted the market.

Methodology

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.

Overview

  • Revenue
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
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