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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 | Feb 2016

Fresh, not frozen: Revenue will decline as fresher products gain popularity among consumers

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
Market Share of Companies
Industry Statistics & Market Size
Revenue
$33bn
Annual Growth 11-16
2.4%
Annual Growth 16-21
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Profit
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Employment
82,819
Businesses
549
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 2021, producers will stress convenience and nutrition to attract more customers... purchase to read more

Industry Report - Starting a New Business Chapter

The Frozen Food Production industry has moderate barriers to entry, although the level of initial capital investment required is significant. Capital investments include expenses relating to the construction or purchase of a processing facility, plant equipment, warehousing and distribution. Prospective entrants must be able to secure enough capital to make these initial investments in addition to overhead expenses. While industry concentration remains relatively low, IBISWorld anticipates the level of concentration to increase as companies consolidate, which will increase the barriers to entry in the future.

One of the biggest threats facing potential new entrants is the very well-entrenched position of the industry's major players... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Frozen Food Production Industry?

Operators 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
Frozen prepared foods and entreesFrozen vegetablesFrozen pizzaFrozen breakfastFrozen fruit and juice concentrates
 
Industry Activities
Producing frozen fruit and fruit juicesProducing frozen vegetablesProducing frozen dinners and snacksProducing frozen pizzas Producing frozen breakfast foods


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