Chilled Soups Market Will Continue to Grow by 2026

Global chilled soups market is segmented on the basis of product type, packaging, distribution channel and region. Based on the product type segmentation includes savoury soup and sweet soup. Savoury soups are served at the start of the meal. A savoury cold soups are light and used to build an appetite. Most chilled savoury soups are usually made by chilling the hot forms of the soups and sweet soups are made with a fruit for fruit puree and usually served as a dessert at the end of the meal. Of which chilled savoury soups segment is expected to be the dominating segment, followed by sweet soup segment. Chilled savoury soup segment is expected to contribute maximum revenue over the forecast period due to the more preference of consumers to consume soups before meals. Based on the type of packaging used to serve the consumers chilled soups market is segmented into pet bottles, tetra pak, carton and pouches. Of which pet bottles segment is expected to be the dominating segment followed by other segments owing to more availability of the chilled soups in the pet bottles. Global chilled soups market is segmented based on the type of distribution channel into grocery stores, supermarkets/hypermarkets, online and direct selling. Of which supermarket/hypermarket is the leading segment which is expected to contribute highest revenue during the forecast period due to the availability of wide variety of chilled soups from various brands. Global chilled soups market is segmented on the basis of region into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East and Africa and Japan.

Chilled soups are very nutritious as it includes various ingredients such as carbohydrates, protein, vitamins, minerals and fats. Chilled soups are usually consumed during summers as it contains fresh, seasonal vegetables and fruits. The chilled soups contain low calories and include high nutritional content .Most common type of soup is Gazpacho. Gazpacho is a cold tomato soup and is very popular in various Mediterranean countries. It includes various ingredients such as tomatoes, cucumbers, olive oil, onions red bell peppers, and garlic. Chilled soups are made with fresh fruits and vegetables, and are also processed quickly and in turn provide sufficient nutrients. Another advantage of chilled soups is to replenish the fluids and rehydrate the body. Chilled soups are of various types including vegetable soups, garlic almond soup, strawberry soup, avocado soup and others. Another advantage of chilled soups is that they are easy to prepare due to the less cooking involved and also few ingredients required to prepare the chilled soups. Various types of ingredients used in chilled soups are tomatoes, frozen peas, chicken, salt, pepper, pine nuts, different fruit and others.

The global chilled soups is expected to witness promising growth over the forecast period due to the rising number of convenience seeking consumers coupled with rising consumer awareness regarding the health benefits associated with the consumption of chilled soups such as it keep the nutrient content intact with less fat levels . Globally, among all regions, North America is expected to contribute highest market share, followed by Europe over the forecast period. In North America, U.S. is expected to contribute maximum market share due the increasing number of obesity prone consumers and high health awareness among consumers related to the chilled soup that are rich in nutritional ingredients with low preservative content. However Asia Pacific is expected to witness highest growth owing to the rapid shift in the lifestyle of consumers especially in countries such as China, Japan and India coupled with rising per capita income of the consumers.

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Major factors that are expected fuel the market growth of chilled soups across the globe are increasing number of health conscious consumers coupled with the availability of diverse range of flavoured chilled soups. Major factor that restraints the growth of chilled soups market is more preference among consumers to consume conventional soups over chilled soup. Another factor that is expected to restraint the chilled soup market is high cost involved to maintain the cold supply chain.

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Major companies operating in Chilled Soups are Greencore Group plc, The New Covent Garden Soup Company Limited, Baxters Food Group, The Real Soup Company, Kettle Cuisine, LLC among the others.

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