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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 | Nov 2014

Staying cool: Revenue will decline as consumers choose fresh produce over frozen foods

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
Industry Statistics & Market Size
Revenue
$30bn
Annual Growth 09-14
0.9%
Annual Growth 14-19
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Profit
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Employment
86,760
Businesses
534
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 Investment Chapter

The Frozen Food Production industry exhibits a moderate level of capital intensity. Using wages as a proxy for labor and depreciation as a proxy for capital, IBISWorld estimates that for every dollar spent on labor in the industry, $0.25 will be spent on capital in 2014. This figure represents a significant increase from $0.20 in 2009. Capital expenditure in this industry is required for machinery that is used to automate the cooking, processing, packaging and freezing procedures during production. The purchase and maintenance of freezers, preservatives and packaging equipment also represents a significant portion of the industry's depreciation costs... 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 vegetablesProducing frozen fruit and vegetable juiceProducing processed frozen meals and pizzaProducing frozen whipped toppingsProducing frozen waffles, pancakes and French toast


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