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Soups in South Africa

Publisher MarketLine
Published Oct 30, 2025
Length 40 Pages
SKU # MTLN20768072

Description

Soups in South Africa

Summary

Soups in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Soups market includes the retail sales of ambient soup, chilled soup, dried soup (mixes), frozen soup, and UHT soup.
  • The South African soups market recorded revenues of $102.5 million in 2024, representing a compound annual growth rate (CAGR) of 0.6% between 2019-24.
  • Market consumption volume increased with a CAGR of 2.8% between 2019-24, reaching a total of 17.5 million kilograms in 2024.
  • The South African soups market registered sluggish growth during 2019-24, primarily due to weak economic growth, rising inflation, and elevated interest rates squeezed household disposable income, which in turn suppressed demand for non-essential packaged food categories like premium soups.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the soups market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the soups market in South Africa
  • 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 South Africa soups market with five year forecasts
Reasons to Buy
  • What was the size of the South Africa soups market by value in 2024?
  • What will be the size of the South Africa soups market in 2029?
  • What factors are affecting the strength of competition in the South Africa soups market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Africa's soups market?

Table of Contents

40 Pages
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 South African soups market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies market shares have suffered during 2019-24?
7.5. What are the most popular brands in the South African soups market?
8 Company Profiles
8.1. Unilever Plc
8.2. Mars Inc
8.3. Imana Foods SA (Pty) Ltd
8.4. Giants Canning CC
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: South Africa soups market value: $ million, 2019-24
Table 2: South Africa soups market volume: million kilograms, 2019-24
Table 3: South Africa soups market category segmentation: % share, by value, 2019-24
Table 4: South Africa soups market category segmentation: $ million, 2019-24
Table 5: South Africa soups market geography segmentation: $ million, 2024
Table 6: South Africa soups market distribution: % share, by value, 2024
Table 7: South Africa soups market value forecast: $ million, 2024-29
Table 8: South Africa soups market volume forecast: million kilograms, 2024-29
Table 9: South Africa soups market share: % share, by value, 2024
Table 10: Unilever Plc: Key Facts
Table 11: Unilever Plc: Annual Financial Ratios
Table 12: Unilever Plc: Key Employees
Table 13: Mars Inc: Key Facts
Table 14: Mars Inc: Key Employees
Table 15: Mars Inc: Key Employees Continued
Table 16: Imana Foods SA (Pty) Ltd: Key Facts
Table 17: Imana Foods SA (Pty) Ltd: Key Employees
Table 18: Giants Canning CC: Key Facts
Table 19: South Africa Size of Population (Million), 2020-23
Table 20: South Africa Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: South Africa GDP (Current Prices, $ Billion), 2020-24
Table 22: South Africa Inflation, 2020-23
Table 23: South Africa Consumer Price Index (Absolute), 2020-24
Table 24: South Africa Exchange Rate, 2019-24
List of Figures
Figure 1: South Africa soups market value: $ million, 2019-24
Figure 2: South Africa soups market volume: million kilograms, 2019-24
Figure 3: South Africa soups market category segmentation: $ million, 2019-24
Figure 4: South Africa soups market geography segmentation: % share, by value, 2024
Figure 5: South Africa soups market distribution: % share, by value, 2024
Figure 6: South Africa soups market value forecast: $ million, 2024-29
Figure 7: South Africa soups market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the soups market in South Africa, 2024
Figure 9: Drivers of buyer power in the soups market in South Africa, 2024
Figure 10: Drivers of supplier power in the soups market in South Africa, 2024
Figure 11: Factors influencing the likelihood of new entrants in the soups market in South Africa, 2024
Figure 12: Factors influencing the threat of substitutes in the soups market in South Africa, 2024
Figure 13: Drivers of degree of rivalry in the soups market in South Africa, 2024
Figure 14: South Africa soups market share: % share, by value, 2024

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