| Product Code: ETC6191607 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Australia soup market, the import trend showed a notable growth trajectory from 2023 to 2024, with a growth rate of 13.75%. The compound annual growth rate (CAGR) for imports over the period 2020-2024 stood at 2.22%. This uptick in import momentum can be attributed to shifting consumer preferences towards convenient food options and increased diversification in product offerings by international suppliers.
Australias soup market is driven by consumer preferences for convenience and health-focused food options. Ready-to-eat and instant soup varieties dominate the shelves, while there is a growing niche for organic, gluten-free, and plant-based soups. Seasonal demand also plays a role, with sales peaking during colder months and flu seasons.
The soup market in Australia is experiencing stable growth as consumers shift towards convenient and healthy meal options. The demand for ready-to-eat and organic soups is rising, particularly among health-conscious and time-poor individuals. Innovation in flavors, packaging, and functional ingredients is shaping market trends.
The soup market in Australia faces increasing consumer scrutiny around preservatives, sodium content, and artificial ingredients. With the shift toward organic and clean-label products, established brands must overhaul formulations and supply chains, leading to cost and operational challenges.
Australia soup market holds substantial investment potential due to growing health consciousness and demand for convenient meal solutions. The rising trend of plant-based and organic diets supports the introduction of diverse soup varieties that cater to vegan, gluten-free, and clean-label preferences. Investing in eco-friendly packaging and expanding distribution through online grocery channels can enhance brand reach and consumer loyalty in this highly competitive yet growing market.
Food safety regulations under Food Standards Australia New Zealand (FSANZ) significantly shape the soup market. Mandatory labeling, allergen declaration, and nutritional information policies ensure consumer safety and transparency. Additionally, the government supports local food manufacturing through grants and programs like the Modern Manufacturing Initiative, which aids businesses in improving production capabilities, including in processed food categories like soups.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Soup Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Soup Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Soup Market - Industry Life Cycle |
3.4 Australia Soup Market - Porter's Five Forces |
3.5 Australia Soup Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.6 Australia Soup Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Australia Soup Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.8 Australia Soup Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
4 Australia Soup Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about healthy eating habits and the benefits of consuming soups. |
4.2.2 Growing demand for convenient and ready-to-eat meal options due to busy lifestyles. |
4.2.3 Rising focus on product innovation and introduction of new flavors and ingredients to cater to diverse consumer preferences. |
4.3 Market Restraints |
4.3.1 Seasonality of soup consumption, with higher demand during colder months. |
4.3.2 Competition from other ready-to-eat meal options such as sandwiches, salads, and fast food. |
4.3.3 Price sensitivity among consumers, especially in the face of economic uncertainties. |
5 Australia Soup Market Trends |
6 Australia Soup Market, By Types |
6.1 Australia Soup Market, By Category |
6.1.1 Overview and Analysis |
6.1.2 Australia Soup Market Revenues & Volume, By Category, 2021- 2031F |
6.1.3 Australia Soup Market Revenues & Volume, By Vegetarian Soup, 2021- 2031F |
6.1.4 Australia Soup Market Revenues & Volume, By Non-Vegetarian Soup, 2021- 2031F |
6.2 Australia Soup Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Soup Market Revenues & Volume, By Dehydrated, 2021- 2031F |
6.2.3 Australia Soup Market Revenues & Volume, By Instant, 2021- 2031F |
6.2.4 Australia Soup Market Revenues & Volume, By Canned/Preserved, 2021- 2031F |
6.2.5 Australia Soup Market Revenues & Volume, By Chilled, 2021- 2031F |
6.2.6 Australia Soup Market Revenues & Volume, By Frozen, 2021- 2031F |
6.2.7 Australia Soup Market Revenues & Volume, By UHT, 2021- 2031F |
6.3 Australia Soup Market, By Packaging |
6.3.1 Overview and Analysis |
6.3.2 Australia Soup Market Revenues & Volume, By Canned, 2021- 2031F |
6.3.3 Australia Soup Market Revenues & Volume, By Pouch, 2021- 2031F |
6.3.4 Australia Soup Market Revenues & Volume, By Other, 2021- 2031F |
6.4 Australia Soup Market, By Distribution Channels |
6.4.1 Overview and Analysis |
6.4.2 Australia Soup Market Revenues & Volume, By Supermarket/Hypermarkets, 2021- 2031F |
6.4.3 Australia Soup Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.4.4 Australia Soup Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.4.5 Australia Soup Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Soup Market Import-Export Trade Statistics |
7.1 Australia Soup Market Export to Major Countries |
7.2 Australia Soup Market Imports from Major Countries |
8 Australia Soup Market Key Performance Indicators |
8.1 Percentage growth in the consumption of premium or gourmet soup variants. |
8.2 Number of new product launches and flavor variations in the soup market. |
8.3 Consumer engagement metrics on social media platforms for soup brands, indicating brand loyalty and awareness. |
9 Australia Soup Market - Opportunity Assessment |
9.1 Australia Soup Market Opportunity Assessment, By Category, 2021 & 2031F |
9.2 Australia Soup Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Australia Soup Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.4 Australia Soup Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
10 Australia Soup Market - Competitive Landscape |
10.1 Australia Soup Market Revenue Share, By Companies, 2024 |
10.2 Australia Soup Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |