Soups, Broths & Canned Foods
Producers of canned soups, broths, and shelf-stable food products.
Market snapshot
These figures describe Sauces, Condiments & Specialty Foods (5.5.9), the segment that Soups, Broths & Canned Foods sits within — not Soups, Broths & Canned Foods on its own.
- Market size
- ~$119B
- Growth
- ~5.6%CAGR (2017–22, nominal)
- Companies
- ~3,900
U.S. Census Bureau 2022 CBP/Economic Census, NAICS 311421/311422/311423 (fruit/veg preserving) + 311941/311942 (sauces/spices) + 311991/311999 (prepared & misc specialty foods).
Business model & economics
Revenue model
Branded and specialty prepared-food shipments
Key economics
- Recurring revenue
- High
- EBITDA margin
- Richer for differentiated specialty brands
- Capex intensity
- Moderate
recurring pantry demand
Characteristics
- Scaled players plus a fragmented specialty-brand base.
- Flavor, global-cuisine, and premiumization trends.
- A very active emerging-brand M&A arena.
Geographic concentration
Sauce, condiment, and specialty-food production concentrates in the produce and chile states — Idaho, New Mexico, and Oregon — plus Wisconsin's food-processing base.
U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 311421/311422/311423. Concentration shown by location quotient.
M&A deal context
Who’s acquiring
- Branded-food strategics
- PE-backed specialty-food platforms
- Emerging-brand acquirers
What’s driving deals
- Acquisition of high-growth specialty brands.
- Flavor, global, and clean-label trends.
- Premiumization and differentiation.
Find Soups, Broths & Canned Foods acquisition targets
Search Acquisera’s index for companies classified under Soups, Broths & Canned Foods (5.5.9.4) and build a targeted deal pipeline.
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