Soups in the United Kingdom
Summary
Soups in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The soups market consists of the retail sale of ambient soup, dried soup (mixes), chilled soup, UHT soup and frozen soup products. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions have been made using constant annual average 2023 exchange rates.
- The UK Soups market had total revenues of $1,189.0 million in 2023, representing a compound annual growth rate (CAGR) of 5.6% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 1% between 2018 and 2023, to reach a total of 207 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 5.2% for the five-year period 2023-28, which is expected to drive the market to a value of $1,534.5 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the soups market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in the United Kingdom
- Leading company profiles reveal details of key soups market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom soups market with five year forecasts by both value and volume
- What was the size of the United Kingdom soups market by value in 2023?
- What will be the size of the United Kingdom soups market in 2028?
- What factors are affecting the strength of competition in the United Kingdom soups market?
- How has the market performed over the last five years?
- Who are the top competitors in the United Kingdom's soups market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the UK soups market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies market shares have suffered in the last 5 years (2018-2023)?
- 7.5. What are the most popular brands in the UK soups market?
- 8 Company Profiles
- 8.1. Baxters Food Group Ltd
- 8.2. The Kraft Heinz Co
- 8.3. The Hain Celestial Group, Inc.
- 8.4. Premier Foods plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: United Kingdom soups market value: $ million, 2018-23
- Table 2: United Kingdom soups market volume: million kilograms, 2018-23
- Table 3: United Kingdom soups market category segmentation: % share, by value, 2018-2023
- Table 4: United Kingdom soups market category segmentation: $ million, 2018-2023
- Table 5: United Kingdom soups market geography segmentation: $ million, 2023
- Table 6: United Kingdom soups market distribution: % share, by value, 2023
- Table 7: United Kingdom soups market value forecast: $ million, 2023-28
- Table 8: United Kingdom soups market volume forecast: million kilograms, 2023-28
- Table 9: United Kingdom soups market share: % share, by value, 2023
- Table 10: Baxters Food Group Ltd: key facts
- Table 11: Baxters Food Group Ltd: Key Employees
- Table 12: The Kraft Heinz Co: key facts
- Table 13: The Kraft Heinz Co: Annual Financial Ratios
- Table 14: The Kraft Heinz Co: Key Employees
- Table 15: The Kraft Heinz Co: Key Employees Continued
- Table 16: The Hain Celestial Group, Inc.: key facts
- Table 17: The Hain Celestial Group, Inc.: Annual Financial Ratios
- Table 18: The Hain Celestial Group, Inc.: Key Employees
- Table 19: Premier Foods plc: key facts
- Table 20: Premier Foods plc: Annual Financial Ratios
- Table 21: Premier Foods plc: Key Employees
- Table 22: United Kingdom size of population (million), 2019-23
- Table 23: United Kingdom real gdp (constant 2010 prices, $ billion), 2019-23
- Table 24: United Kingdom gdp (current prices, $ billion), 2019-23
- Table 25: United Kingdom inflation, 2019-23
- Table 26: United Kingdom consumer price index (absolute), 2019-23
- Table 27: United Kingdom exchange rate, 2018-23
- List of Figures
- Figure 1: United Kingdom soups market value: $ million, 2018-23
- Figure 2: United Kingdom soups market volume: million kilograms, 2018-23
- Figure 3: United Kingdom soups market category segmentation: $ million, 2018-2023
- Figure 4: United Kingdom soups market geography segmentation: % share, by value, 2023
- Figure 5: United Kingdom soups market distribution: % share, by value, 2023
- Figure 6: United Kingdom soups market value forecast: $ million, 2023-28
- Figure 7: United Kingdom soups market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the soups market in the United Kingdom, 2023
- Figure 9: Drivers of buyer power in the soups market in the United Kingdom, 2023
- Figure 10: Drivers of supplier power in the soups market in the United Kingdom, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the soups market in the United Kingdom, 2023
- Figure 12: Factors influencing the threat of substitutes in the soups market in the United Kingdom, 2023
- Figure 13: Drivers of degree of rivalry in the soups market in the United Kingdom, 2023
- Figure 14: United Kingdom soups market share: % share, by value, 2023
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