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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 | Mar 2015

Fresh, not frozen: Revenue will decline as consumers choose substitute products for health reasons

IBISWorld’s Frozen Food Production market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$31bn
Annual Growth 10-15
0.8%
Annual Growth 15-20
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Profit
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Employment
89,566
Businesses
515
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 2020, producers will stress convenience and nutrition to attract more customers... purchase to read more

Industry Report - Industry Products Chapter

Prepared food

Frozen prepared food is estimated to account for 33.4% of industry revenue, making it the largest product segment of this industry. This broad segment includes a variety of meat and specialty selections (not including frozen pizza selections) that can be prepared on the stove, in the oven, or in the microwave. Frozen entrees' share of the industry has declined in recent years, primarily driven by weak sales of multi-serve meals. Growing health consciousness has driven the decline of this product segment as frozen prepared foods are perceived to be unhealthy and highly processed by many Americans. Furthermore, many consumers have shifted away from frozen foods in favor of fresh alternatives... 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
Prepared specialty foodsFrozen vegetablesFrozen pizzaFrozen breakfast
 
Industry Activities
Producing frozen fruit and fruit juicesProducing frozen vegetablesProducing frozen dinners and snacksProducing frozen pizzas Producing frozen breakfast foods


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