Market Insights Consumer Food Convenience Food

Soups - Switzerland

Switzerland

Revenue in the Soups market amounts to €330.10m in 2024. The market is expected to grow annually by 3.67% (CAGR 2024-2029).
In global comparison, most revenue is generated in Indonesia (€9,282m in 2024).
In relation to total population figures, per person revenues of €37.00 are generated in 2024.
In the Soups market, volume is expected to amount to 17.64m kg by 2029. The Soups market is expected to show a volume growth of 3.2% in 2025.
The average volume per person in the Soups market is expected to amount to 1.8kg in 2024.

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

Marché

Région

Comparaison de régions

Monnaie

Analyst Opinion

The Convenience Food Market in Switzerland has seen minimal growth due to factors like low consumer demand and limited availability of convenient soup options. Despite this, the market is slowly expanding, driven by increasing health consciousness and the convenience of ready-to-eat soups.

Customer preferences: With the rise of health-conscious consumers, the Soups Market of the Convenience Food Market within The Food market has seen a growing demand for nutritious and functional soups. This trend is driven by the increasing awareness of the health benefits of soups, as well as the desire for convenient and quick meal options. Additionally, there is a growing demand for soups with clean and natural ingredients, as consumers become more mindful of their food choices. This shift towards healthier soup options is also influenced by the growing interest in plant-based diets and sustainability, as consumers seek to reduce their meat consumption and support environmentally-friendly practices.

Trends in the market: In Switzerland, the Soups Market of the Convenience Food Market within The Food market is experiencing a rise in demand for healthier and more sustainable options. Consumers are seeking out soups made with natural and organic ingredients, and companies are responding by offering a wider range of options. This trend is expected to continue as consumers become more health-conscious and environmentally aware. For industry stakeholders, this trend presents an opportunity to differentiate their products and tap into a growing market. It also puts pressure on companies to adapt their production processes to meet these demands. As a result, we can expect to see more investments in sustainable sourcing and production methods in the soups market in Switzerland.

Local special circumstances: In Switzerland, the Soups Market of the Convenience Food Market within The Food market is heavily influenced by the country's strong focus on sustainability and high-quality food products. This has led to a demand for organic and locally sourced ingredients in soups, as well as a preference for traditional Swiss soups such as minestrone and barley soup. Additionally, strict regulations on food labeling and packaging have also shaped the market, with consumers seeking transparency and traceability in their food choices.

Underlying macroeconomic factors: The Soups Market of the Convenience Food Market within The Food market in Switzerland is influenced by various macroeconomic factors. The country's stable economic growth and strong consumer spending power have contributed to the market's steady growth. Additionally, favorable government policies such as low import taxes and free trade agreements have encouraged the entry of international soup brands into the Swiss market. Moreover, the rising health consciousness among consumers and the increasing demand for convenient and healthy food options have also fueled the growth of the Soups Market. Furthermore, the growing trend of online grocery shopping and the rise of e-commerce platforms have also played a significant role in the market's expansion. These macroeconomic factors are expected to continue driving the growth of the Soups Market in Switzerland in the coming years.

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.