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Frozen Food Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Frozen Food Production Market Research Report | NAICS 31141 | Sep 2014

Keeping cool: Revenue will remain stagnant as producers focus on convenience and health

IBISWorld’s Frozen Food Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 09-14
-0.9%
Annual Growth 14-19
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Profit
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Employment
85,920
Businesses
523
Industry Analysis & Industry Trends

The Frozen Food Production industry has faced some challenges, with health and nutrition movements increasingly placing an emphasis on fresh foods. Major players have proactively responded with clever new product introductions that incorporate consumer trends into their products and promotional strategies. While growth is expected to be marginal over the five years to 2019, producers will stress convenience and nutrition to attract more customers... purchase to read more

Industry Report - Industry Key Buyers Chapter

The US Frozen Food Production industry currently exhibits a low level of concentration, with the top four producers estimated to contribute 33.8% of industry revenue in 2014. Although these top producers account for a substantial share of US sales, only 11.7% of establishments within the industry employ more than 500 workers. Furthermore, it is difficult for a single manufacturer to obtain significant market share for frozen food because this industry produces an extensive range of product types, private labels and hundreds of brands. However, concentration increased from 2009 as a result of incremental growth achieved by some producers, along with significant merger and acquisition activity (see Major Players section)... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Frozen Food Production Industry?

Firms in this industry produce frozen packaged foods, which include frozen fruits, vegetables and juices; frozen packaged meals and side dishes (excluding unprocessed seafood); frozen pizza; frozen whipped toppings; and frozen breakfast and baked goods such as waffles and pancakes. These products are then distributed to retail grocery stores, food wholesalers and the hospitality industry.

Industry Products
Prepared specialty foodsFrozen vegetablesFrozen pizzaFrozen breakfast
 
Industry Activities
Producing frozen fruit and vegetablesProducing frozen fruit and vegetable juiceProducing processed frozen meals and pizzaProducing frozen whipped toppingsProducing frozen waffles, pancakes and French toast


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