Leading Soup Country Markets Databank
The Soup market was valued at $17,700.0 Million in 2020, and is projected to reach $32,165.6 Million by 2029 growing at a CAGR of 6.91% from 2021 to 2029. Asia-Pacific is expected to be the highest contributor to this market, with $6,035.7 Million in 2020, and is anticipated to reach $11,822.5 Million by 2029, registering a CAGR of 7.80%. Asia-Pacific and North America collectively expected to account for about 64.5% share of the Soup market in 2020, with the former constituting around 34.1% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 7.80% and 7.15% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 64.5% in the overall Soup market in 2020, and is anticipated to reach 67.8% by 2029.
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