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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

The Frozen Food Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 - Industry SWOT Analysis Chapter

The Frozen Food Production industry is in the mature stage of its life cycle. Over the 10 years to 2021, industry value added (IVA), which measures an industry's contribution to the economy, is forecast to increase at an annualized rate of 2.5%. In comparison, GDP is projected to grow an annualized 2.3% during the same period. IVA growth relatively in line with the overall economy is characteristic of a mature industry.

Although the industry is characterized by well-defined product segments, companies have regularly introduced new products or reformulated existing ones to adjust to consumer trends. Health-conscious consumers have become wary of conventional microwaveable frozen meals because of their high sodium content and questionable nutritional value... 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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