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Global Frozen Soup Market Size, Share, Trends, Growth, Forecast: By Product: Vegetarian, Non-Vegetarian; By Packaging: Pouches, Freezer Bags, Cans, Others; By Distribution Channel: Retail Stores, Online; Regional Analysis; Market Dynamics; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Frozen Soup Market Outlook
The global frozen soup market size is expected to grow at a CAGR of 3.0% between 2024 and 2032. The major market drivers include growing knowledge about the health benefits of consuming soup and the increased convenience of frozen soup.
Key Trends in the Market
Frozen soup is a type of soup that is cooked, frozen, and stored at low temperatures in solid form in order to preserve its taste and nutritional value. Soup frozen and stored in solid form prevents spread of foodborne diseases and spoilage of soup, increasing the shelf0life of the soup significantly.
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- Rising focus on health is boosting the demand for healthy food options, including frozen soup prepared from organic ingredients, which is propelling the expansion of the frozen soup market.
- Growing demand for easy to cook and ready to eat meal options among working individuals is another crucial trend aiding the growth of the market for frozen soup as it can be cooking or purchased in large batches, and defrosted as needed.
- Increasing availability of novel flavours is further anticipated to boost the consumption of frozen soup among individuals around the globe. New flavours are added both to improve the taste profile and to impart added health benefits.
Market Analysis
Based on product, the market is segmented into vegetarian and non-vegetarian. On the basis of packaging, the market is divided into pouches, freezer bags, and cans, among others. By distribution channel, the market is bifurcated into retail stores and online. On the basis of region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global frozen soup market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Campbell Soup Company
- The Kraft Heinz Company
- Conagra Brands Inc.
- Phillips Foods, Inc.
- Blount Fine Foods
- Tabatchnik Fine Foods, Inc.
- KETTLE CUISINE, LLC
- Nestlé S.A.
- Plenus Group, Inc. (Boston Chowda)
- Dr. McDougall’s Right Foods
- Others
Market Share by Product
Vegetarian, by product, is anticipated to account for a significant share of the market for frozen soup over the forecast period owing to the rising demand for natural and plant-based foods among consumers. Growing concerns towards the safety and welfare of animals is another major factor fuelling the consumption of vegetarian frozen soup and aiding the growth of the overall market.
Market Share by Region
North America is anticipated to hold a large share in the frozen soup market owing to the rising demand for ready-to-eat and convenient meals. Launch of premium, healthy, and clean label soups has further enhanced the demand for frozen soups in the region. Busy lifestyles of the working individuals is another factor boosting the consumption of frozen soups in North America.
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Competitive Landscape
Campbell Soup Company is a food company that was founded in 1869 and is headquartered in New Jersey, United States. It is known for providing canned foods, beverages, baked goods, and snacks to consumers across the globe.
The Kraft Heinz Company was established in 2015 and has its headquarters in Illinois in the United States. This multinational food company manufactures and provides high quality nutritious food and beverages globally.
Conagra Brands Inc. was founded in 1919 and has its headquarters located in Illinois in the United States. A food industry company, it is known globally for providing food products such as cooking oil, hot cocoa, peanut butter, and frozen dinners, among others.
Other market players include Phillips Foods, Inc., Blount Fine Foods, Tabatchnik Fine Foods, Inc., KETTLE CUISINE, LLC, Nestlé S.A., Plenus Group, Inc. (Boston Chowda), and Dr. McDougall’s Right Foods, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product |
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| Breakup by Packaging |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Frozen Soup Market Analysis
8.1 Key Industry Highlights
8.2 Global Frozen Soup Historical Market (2018-2023)
8.3 Global Frozen Soup Market Forecast (2024-2032)
8.4 Global Frozen Soup Market by Product
8.4.1 Vegetarian
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Non-Vegetarian
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Frozen Soup Market by Packaging
8.5.1 Pouches
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Freezer Bags
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Cans
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Frozen Soup Market by Distribution Channel
8.6.1 Retail Stores
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Online
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Frozen Soup Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Frozen Soup Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Frozen Soup Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Frozen Soup Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Frozen Soup Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Frozen Soup Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code -210410)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Campbell Soup Company
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 The Kraft Heinz Company
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 Conagra Brands Inc.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Phillips Foods, Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Blount Fine Foods
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Tabatchnick Fine Foods, Inc.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 KETTLE CUISINE, LLC
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Nestlé S.A.
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Plenus Group, Inc. (Boston Chowda)
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Dr. McDougall's Right Foods
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Frozen Soup Market: Key Industry Highlights, 2018 and 2032
2. Global Frozen Soup Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Frozen Soup Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Frozen Soup Historical Market: Breakup by Packaging (USD Million), 2018-2023
5. Global Frozen Soup Market Forecast: Breakup by Packaging (USD Million), 2024-2032
6. Global Frozen Soup Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
7. Global Frozen Soup Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
8. Global Frozen Soup Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Frozen Soup Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Frozen Soup Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Frozen Soup Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Frozen Soup Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Frozen Soup Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Frozen Soup Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Frozen Soup Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Frozen Soup Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Frozen Soup Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Frozen Soup Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Frozen Soup Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Major Importing Countries by Volume
21. Major Exporting Countries by Volume
22. Major Importing Countries by Value
23. Major Exporting Countries by Value
24. Global Frozen Soup Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 3.0% between 2024 and 2032.
The key drivers of the market are rising demand for ready-to-eat food products, technological developments, and growing knowledge about the health benefits of consuming soup.
The key trends of the market are rising focus on health, busy lifestyle, and increasing availability of a variety of flavours of frozen soups.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The primary products in the market for frozen soup are vegetarian and non-vegetarian.
The significant packaging for frozen soup are pouches, freezer bags, and cans, among others.
The various distribution channels for frozen soup are retail stores and online.
The key players in the frozen soup market are Campbell Soup Company, The Kraft Heinz Company, Conagra Brands Inc., Phillips Foods, Inc., Blount Fine Foods, Tabatchnik Fine Foods, Inc., KETTLE CUISINE, LLC, Nestlé S.A., Plenus Group, Inc. (Boston Chowda), and Dr. McDougall’s Right Foods, among others.
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