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Frozen Food Manufacturing (NAICS 31141) Industry Market Research Report

Frozen Food Manufacturing - Market Size and Forecast

The Frozen Food Manufacturing report contains both historical and forecasted statistics. Total market size figures from 2015 to 2025 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

HistoricalForecasted
20152016201720182019202020212022202320242025
Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Frozen Food Manufacturing Industry Revenue
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021


Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Frozen Food Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Frozen Food Manufacturing companies in the United States.

Frozen Food Manufacturing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesFrozen Food Manufacturing
Small Business (< 5 Employees)

Included

Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Frozen Food Manufacturing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue

Included

Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Frozen Food Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios

Included

Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Frozen Food Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Frozen fruit and vegetable manufacturing

Included

Frozen fruits, juices, ades, drinks, and cocktails

Frozen fruits

Frozen concentrated juices, excluding orange juice

Frozen concentrated orange juice, consumer and institutional

Frozen fruits, juices, ades, drinks, and cocktails, nsk

Frozen vegetables

Frozen vegetables, other than potoato products

Frozen potato products (French-fried, patties, puffs, etc.)

Frozen fruit, juice, and vegetable manufacturing, nsk, total


Frozen Food Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations4%

Included

Chief Executives0%
General and Operations Managers1%
Office and Administrative Support Occupations7%
Installation, Maintenance, and Repair Occupations8%
Other Installation, Maintenance, and Repair Occupations8%
Production Occupations52%
Food Processing Workers19%
Miscellaneous Food Processing Workers18%
Food Batchmakers12%
Other Production Occupations27%
Packaging and Filling Machine Operators and Tenders15%
Packaging and Filling Machine Operators and Tenders15%
Miscellaneous Production Workers6%
Transportation and Material Moving Occupations17%
Material Moving Workers16%
Industrial Truck and Tractor Operators5%
Industrial Truck and Tractor Operators5%
Laborers and Material Movers, Hand10%

Government Contracts

In 2008, the federal government spent a total of $190,905,268 on the frozen food manufacturing industry. It has awarded 462 contracts to 112 companies, with an average value of $1,704,511 per company.

Frozen Food Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Frozen Food Manufacturing Industry Report
GeographyUnited States  
Publication DateOctober 2020
Report FormatPDF Download  
Price$499.00

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