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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 | May 2013

Keeping cool: Revenue will grow marginally as producers focus on convenience and health

IBISWorld’s Frozen Food Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$28bn
Annual Growth 08-13
2.6%
Annual Growth 13-18
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Profit
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Employment
90,464
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 will be marginal during the next five years, producers will stress convenience and nutrition to attract more customers... purchase to read more

Industry Report - Industry Investment Chapter

The Frozen Food Production industry has a moderate level of capital intensity. Firms use machinery to automate the cooking, processing, packaging and freezing procedures used in production. Also, the cost to purchase and maintain freezers, preservative equipment and packaging is fairly high, which represents a large portion of the industry's depreciation costs; operators spend about 1.2% of revenue on depreciation. However, employees are still required to operate machinery and complete other various roles that must be done manually; wages account for about 12.4% of revenue. Therefore, for every dollar spent on wages, firms spend on average $0.11 on capital investment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Frozen Food Production Industry?

This industry includes firms that produce frozen food products, such as frozen fruits, vegetables and juices; frozen entrees and side dishes (excluding seafood); frozen whipped toppings; and frozen waffles, pancakes and french toast. These products are then distributed to outlets such as grocery wholesalers, retail food stores and the hospitality industry.

Industry Products
Frozen dinnersFrozen fruitsFrozen concentrated juicesFrozen vegetablesOther frozen specialties (excluding seafood)
 
Industry Activities
Producing frozen fruit and vegetablesProducing frozen fruit and vegetable juiceProducing frozen meals, pizza and whipped toppingsProducing frozen waffles, pancakes and french toast


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