Industry Analysis & Industry Trends
The wet soup segment has grown as premade microwaveable soups have gained popularity among consumers. The two largest players, Campbell Soup Company and General Mills (Progresso brand), dominate this market. The Campbell Soup Company also offers a wide variety of dry soups. A substantial proportion of industry revenue is spent on purchases of fresh fruits and vegetables. Although some processors are vertically integrated, many fruit and vegetable processors enter into production contracts with domestic independent growers for the bulk of their raw-product requirements.... purchase to read more
What is the Prepared Soups Production industry?
This industry purchases vegetables and processes them with other ingredients to create prepared soups. The soup segment consists of dry canned soups, wet soups, broth and bouillon cubes. The products are then packaged and sold to supermarkets, grocery stores and restaurants... purchase to read more