Refrigerated and Frozen Soup Market Research Report By Product Type (Chilled Soup, Frozen Soup, Ready-to-Eat Soup), By Ingredients (Vegetable Based, Meat Based, Seafood Based, Organic Ingredients, Non-Organic Ingredients), By Packaging Type (Pouches, Cans, Tetra Packs, Glass Containers), By Distribution Channel (Supermarkets, Hypermarkets, Online Retail, Convenience Stores) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032

Global Refrigerated and Frozen Soup Market Overview

Refrigerated and Frozen Soup Market Size was estimated at 3.04 (USD Billion) in 2022. The Refrigerated and Frozen Soup Market Industry is expected to grow from 3.16(USD Billion) in 2023 to 4.5 (USD Billion) by 2032. The Refrigerated and Frozen Soup Market CAGR (growth rate) is expected to be around 4.01% during the forecast period (2024 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Refrigerated and Frozen Soup Market Trends Highlighted

The Refrigerated and Frozen Soup Market is experiencing key drivers that significantly influence its growth. An increasing preference for convenient meal options is one major factor driving market expansion. Consumers are actively seeking ready-to-eat and easy-to-prepare meals due to busy lifestyles, which boosts demand for refrigerated and frozen soups. Additionally, the growing awareness of health and nutrition encourages people to opt for soup products rich in vegetables and nutrients. The rise in vegetarianism and plant-based diets is further pushing manufacturers to introduce diverse flavors and healthy ingredients to cater to this shifting consumer preference.

There are various opportunities to be explored in the market, particularly with the development of innovative packaging solutions that enhance convenience and extend shelf life. Companies can tap into the expanding e-commerce platforms to reach a wider audience, especially given the shift toward online grocery shopping. Creating single-serving options may appeal to busy individuals or smaller households looking for quick meal solutions. There is also a potential for growth in niche markets by offering organic, gluten-free, or gourmet soup options that cater to specific dietary needs, attracting health-conscious consumers looking for quality products.

In recent times, trends indicate a shift towards more sustainable and eco-friendly packaging as consumers become increasingly aware of environmental issues. The demand for clean-label products, which highlight natural ingredients and transparency in sourcing, is also on the rise. Innovation in flavors and ingredients is prevalent, with manufacturers experimenting with international cuisines and unique combinations. Seasonal product launches are capturing consumer interest, as limited-time offerings create a sense of urgency. Overall, the industry's adaptability to changing consumer preferences and health trends will likely shape the future of the refrigerated and frozen soup market.

Refrigerated and Frozen Soup Market Drivers

Rising Consumer Demand for Convenience Foods

The Refrigerated and Frozen Soup Market Industry is propelled by a significant shift in consumer preferences towards convenience foods. With the increasing pace of modern life, many consumers now seek quick meal solutions that do not compromise on quality or taste. Refrigerated and frozen soups serve as a convenient option for busy professionals, families, and health-conscious individuals who are looking for nutritious meal choices without the hassle of extensive preparation.

As a result, there is a surge in demand for products that offer quick heating and serving times, making refrigerated and frozen soups a go-to option in household meal planning. Additionally, as more consumers become aware of the benefits of soups, including their versatility as a meal or a snack, the industry sees substantial growth opportunities. Enhanced accessibility through retail channels, including online grocery shopping, has further propelled the popularity of these products.

The combination of convenience, quality, and variety positions the Refrigerated and Frozen Soup Market Industry for continued success as demand rises across diverse consumer segments.

Health and Wellness Trends

As consumers increasingly prioritize health and wellness, the Refrigerated and Frozen Soup Market Industry is witnessing a boom driven by the demand for healthier meal options. There is a growing trend toward low-calorie, high-nutrient soups that cater to dietary preferences, such as vegetarian, vegan, and gluten-free options. This increased focus on nutritious eating aligns well with the offerings found within the refrigerated and frozen soup market, offering an array of choices that meet various dietary needs without sacrificing taste.

Consumers are also more conscious of ingredient sourcing and are increasingly seeking products that are organic or free from artificial preservatives, which is further driving market growth.

Innovation and Product Diversification

The Refrigerated and Frozen Soup Market Industry is continuously evolving with ongoing innovations in flavors, ingredients, and packaging. Manufacturers are investing in research and development to introduce unique soup blends, including international flavors and culturally inspired recipes. This innovation not only captures the interest of adventurous eaters but also caters to the varying tastes and preferences of consumers. Additionally, advancements in packaging technology allow for extended shelf-life and better preservation of taste and nutrients, making these products more appealing to consumers seeking quality meals.

As a result, diverse product offerings and enhanced packaging solutions are crucial drivers of growth in this market.

Refrigerated and Frozen Soup Market Segment Insights

Refrigerated and Frozen Soup Market Product Type Insights

The Refrigerated and Frozen Soup Market is showing a robust performance within its Product Type segment. In 2023, the market was valued at 3.16 USD Billion, indicating its substantial presence in the food industry. Among the different categories of soups, Chilled Soup, Frozen Soup, and Ready-to-Eat Soup play significant roles in shaping the market dynamics. Chilled Soup holds a notable valuation of 1.2 USD Billion in 2023, expanding to 1.7 USD Billion by 2032, showcasing its appeal particularly in the health-conscious consumer space as it offers convenient yet nutritious options for meal times. The Frozen Soup category boasts a valuation of 1.4 USD Billion in 2023, anticipated to grow to 1.9 USD Billion by 2032, driven by consumer preference for longer shelf life and the influence of busy lifestyles that drive the need for easy meal solutions. Ready-to-Eat Soup, albeit smaller with a current value of 0.56 USD Billion in 2023, is projected to reach 0.9 USD Billion by 2032. The steady growth in this segment reflects a growing trend towards convenience and quick meal options, appealing to consumers who seek meals with minimal preparation.

The Frozen Soup segment dominates the overall market due to its versatility, extended shelf life, and greater consumption in bulk quantities, making it a preferred choice for families and catering services. Meanwhile, the significant valuation and growth of Chilled Soup highlight a rising trend among health-conscious consumers seeking fresh and ready-to-eat alternatives without compromising nutritional value. This trend aligns with increasing awareness about healthy eating, contributing to the product's steady growth trajectory. Ready-to-Eat Soup, while currently the smallest segment, is gaining traction as meal solutions evolve, appealing particularly to urban dwellers and busy professionals who desire convenience, thus marking an opportunity for innovation and wider market penetration. The overall Refrigerated and Frozen Soup Market revenue is bolstered by these varied preferences, showcasing the importance of understanding consumer needs in tailoring offerings across these distinct categories. As the market evolves, monitoring the Refrigerated and Frozen Soup Market statistics and product segmentation will provide crucial insights for stakeholders aiming to leverage opportunities within this growing industry.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Refrigerated and Frozen Soup Market Ingredients Insights

The Ingredients segment of the Refrigerated and Frozen Soup Market is pivotal to the overall industry's performance, expected to be valued at $3.16 billion in 2023. This segment encompasses a variety of elements that cater to diverse consumer preferences, with Vegetable and Meat Based ingredients being particularly prominent due to their wide acceptance and taste profiles. Seafood-based options also attract health-conscious consumers drawn to their nutritional benefits. Additionally, the increasing demand for Organic Ingredients reflects a growing trend towards healthier eating habits, while Non-Organic Ingredients still hold significant market share due to cost-effectiveness and availability.

The Refrigerated and Frozen Soup Market revenue is driven by these trends as consumers increasingly seek convenient, high-quality meal solutions. Furthermore, the Refrigerated and Frozen Soup Market statistics reveal a growing interest in innovation, with manufacturers exploring new flavors and ingredient combinations to meet evolving consumer demands. This segmentation not only highlights the diverse preferences in the market but also the opportunities that exist for growth as it adapts to changing dietary trends and lifestyle needs.

Refrigerated and Frozen Soup Market Packaging Type Insights

The Refrigerated and Frozen Soup Market has shown remarkable growth, with the market projected to reach a valuation of 3.16 USD Billion in 2023. The Packaging Type segment has emerged as a pivotal aspect of this market, as packaging plays a crucial role in maintaining the quality and extending the shelf life of soups. Among various forms of packaging, pouches are gaining traction due to their lightweight and convenience, making them popular choices for on-the-go consumers. Cans remain a traditional favorite owing to their durability and ability to retain flavor, which positions them as a reliable option for many.

Tetra Packs are also notable for their aseptic packaging, allowing for longer shelf life without preservatives, appealing to health-conscious buyers. Glass containers, while less common, are valued for their sustainability and aesthetic appeal in the premium segment of the market. Overall, the Refrigerated and Frozen Soup Market segmentation reflects evolving consumer preferences and the versatility of these packaging formats, shaping the industry's landscape along with growth drivers such as increasing demand for ready-to-eat meals and the rising trend of health and wellness.

Refrigerated and Frozen Soup Market Distribution Channel Insights

In 2023, the Refrigerated and Frozen Soup Market was valued at 3.16 billion USD, with a notable emphasis on the Distribution Channel segment, which plays a critical role in the accessibility and growth of this market. Supermarkets and hypermarkets are significant sales points, providing a wide variety of products and convenience for consumers seeking diverse soup options. The rise of online retail has also transformed purchasing habits, facilitating greater access to refrigerated and frozen soups for a broader consumer base. Convenience stores play a vital role by offering quick options for on-the-go consumers, aligning with the growing trend of ready-to-eat meals.

This distribution channel segmentation reflects changing consumer preferences towards convenient, quality food products while highlighting the importance of effective distribution strategies in driving the overall market growth. The Refrigerated and Frozen Soup Market data indicates that these channels are essential in meeting the rising demand and evolving consumer behavior, offering new opportunities amidst challenges such as logistics and supply chain management. Additionally, as market statistics reveal, these channels collectively contribute to a robust framework that supports the steady expansion of the Refrigerated and Frozen Soup Market industry through 2032 and beyond.

Refrigerated and Frozen Soup Market Regional Insights

The Refrigerated and Frozen Soup Market revenue is experiencing consistent growth across various regions, with North America leading the charge, valued at 1.2 USD Billion in 2023 and projected to reach 1.79 USD Billion by 2032, showcasing its dominance with a majority holding in the market. Europe follows as a significant player, with initial valuations at 0.85 USD Billion in 2023 and an expected reach of 1.23 USD Billion in 2032, reflecting a robust consumer preference in this region. The APAC segment is also notable, valued at 0.75 USD Billion in 2023 and poised to reach 1.13 USD Billion by 2032, highlighting an increasing demand for convenient meal options among the growing population.

South America, though smaller at 0.25 USD Billion in 2023, shows potential with a projected growth to 0.43 USD Billion by 2032, indicating rising interest in refrigerated and frozen soup products. Lastly, the MEA region holds the smallest share at 0.01 USD Billion in 2023, expected to reach 0.02 USD Billion by 2032, but may present opportunities for future growth as consumer habits evolve. Overall, the Refrigerated and Frozen Soup Market segmentation showcases diverse regional dynamics, with established markets contributing significantly and emerging regions gradually expanding their footprint.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Refrigerated and Frozen Soup Market Key Players and Competitive Insights

The Refrigerated and Frozen Soup Market is characterized by its rapid evolution and growing consumer demand for convenience-oriented food options. Increasing lifestyles and busy schedules have driven consumers to seek out ready-to-eat meals that do not compromise nutrition and taste. This has encouraged various companies to innovate and expand their offerings in the refrigerated and frozen soup category, fostering a competitive landscape that is rich with diverse products. The market consists of various players, from established brands with a long history in food production to new entrants aiming to capture niche segments. As the demand for healthier meal options rises, companies are focusing on product differentiation, leveraging formulations that prioritize natural ingredients, low sodium content, and enticing flavor profiles to attract health-conscious consumers. Tracking market trends, innovation, and changes in consumer preferences is critical for businesses looking to position themselves effectively in this dynamic market.

Healthy Choice is a prominent player in the Refrigerated and Frozen Soup Market, known primarily for its commitment to delivering healthier meal solutions. The brand emphasizes the use of high-quality, nutritious ingredients, catering specifically to consumers who prioritize health in their dietary choices. Healthy Choice has successfully carved a niche within the market by offering a variety of soups that are low in calories, packed with vegetables, and free from artificial preservatives, making them appealing to a broad range of health-conscious consumers. Moreover, the brand is recognized for its transparent labeling, allowing customers to make informed decisions about their food intake. By consistently innovating and expanding its product line to include diverse flavor profiles combined with its health-centric approach, Healthy Choice has strengthened its market presence and maintained a loyal customer base.

Kettle Cuisine operates significantly in the Refrigerated and Frozen Soup Market, boasting an impressive assortment of soups that cater to various dietary preferences, including vegetarian and gluten-free options. The brand places a strong emphasis on crafting artisan-style soups using whole, natural ingredients, which resonates with consumers looking for gourmet-quality meals with convenient packaging. Kettle Cuisine has effectively positioned itself as a leader in premium ready-to-eat soups, focusing on the authenticity of flavor and texture. Engaging with health trends, the company ensures that its soups are free from preservatives and artificial additives, further appealing to discerning consumers who are increasingly selective about what they consume. Kettle Cuisine's attention to sourcing high-quality ingredients, along with a commitment to sustainability, has established a strong reputation, allowing the brand to thrive amidst growing competition in the refrigerated and frozen soup sector.

Key Companies in the Refrigerated and Frozen Soup Market Include

• Healthy Choice


• Kettle Cuisine


• Hain Celestial Group


• Campbell Soup Company


• Wholesome Harvest


• Soupergirl


• Bumble Bee Foods


• Amy's Kitchen


• The Kraft Heinz Company


• Nestlé


• Pacific Foods


• Schwan's Company


• General Mills


• Conagra Brands


• Stagg Foods

Refrigerated and Frozen Soup Market Industry Developments

Recent developments in the Refrigerated and Frozen Soup Market have shown notable activity among key players. Healthy Choice continues to expand its product range to cater to the growing health-conscious consumer demographic. Kettle Cuisine is innovating with new recipes to meet the demand for gourmet options in the frozen soup segment. The Hain Celestial Group has announced efforts to enhance its supply chain efficiency, which could streamline production for its frozen soup offerings. Meanwhile, Campbell Soup Company has focused on sustainability, incorporating more recyclable packaging for its products. Wholesome Harvest and Soupergirl are gaining traction with organic and plant-based frozen soup varieties, reflecting a shift towards cleaner eating. In terms of mergers and acquisitions, there has been speculation around potential collaborations involving Amy's Kitchen and The Kraft Heinz Company aimed at expanding their market reach. Nestlé and Pacific Foods have also been seen enhancing their product lines, indicating strong competition within the market. General Mills and Conagra Brands are actively investing in marketing strategies to promote their refrigerated and frozen soups, further driving the growth and dynamics of this sector. The overall market valuation is rising as consumer preferences shift, fostering innovation and competitive strategies among these key companies.

Refrigerated and Frozen Soup Market Segmentation Insights

Refrigerated and Frozen Soup Market Product Type Outlook

• Chilled Soup  


• Frozen Soup  


• Ready-to-Eat Soup  

Refrigerated and Frozen Soup Market Ingredients Outlook

• Vegetable Based  


• Meat Based  


• Seafood Based  


• Organic Ingredients  


• Non-Organic Ingredients  

Refrigerated and Frozen Soup Market Packaging Type Outlook

• Pouches  


• Cans  


• Tetra Packs  


• Glass Containers  

Refrigerated and Frozen Soup Market Distribution Channel Outlook

• Supermarkets  


• Hypermarkets  


• Online Retail  


• Convenience Stores  

Refrigerated and Frozen Soup Market Regional Outlook

• North America  


• Europe  


• South America  


• Asia Pacific  


• Middle East and Africa