Frozen Specialty Food Manufacturing - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in manufacturing frozen specialty foods (except seafood), such as frozen dinners, entrees, and side dishes; frozen pizza; frozen whipped topping; and frozen waffles, pancakes, and French toast. Cross-References. Establishments primarily engaged in--Source: U.S. Census Bureau
Frozen Specialty Food Manufacturing Market Size
This report includes historical and forecasted market sizes and industry trends for Frozen Specialty Food Manufacturing. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Frozen Specialty Food Manufacturing industry.| Historical | Forecasted | ||||||||||
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| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Frozen Specialty Food Manufacturing industry.
Geographic Breakdown by U.S. State
Frozen Specialty Food Manufacturing market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Frozen Specialty Food Manufacturing companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Frozen Specialty Food Manufacturing |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Frozen Specialty Food Manufacturing company (both public and private companies are included).
| Industry Average | Percent 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
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry 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 |
Products and Services Mix
Product lines and services in the Frozen Specialty Food Manufacturing industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|
|---|---|---|---|
Frozen specialty food manufacturing |
Included |
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Frozen dinners and nationality foods |
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Frozen dinners (beef, pork, poultry pies) and nationality foods |
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Other frozen specialties, excluding seafood |
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Frozen specialty food manufacturing, nsk, total |
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Frozen specialty food mfg, nsk, for nonadministrative-records |
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Frozen specialty food mfg, nsk, for administrative-records |
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Compensation and Salary Surveys
Salary information for employees working in the Frozen Specialty Food Manufacturing industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 4% |
Included |
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| Chief Executives | 0% | |||
| General and Operations Managers | 1% | |||
| Office and Administrative Support Occupations | 7% | |||
| Installation, Maintenance, and Repair Occupations | 8% | |||
| Other Installation, Maintenance, and Repair Occupations | 8% | |||
| Production Occupations | 52% | |||
| Food Processing Workers | 19% | |||
| Miscellaneous Food Processing Workers | 18% | |||
| Food Batchmakers | 12% | |||
| Other Production Occupations | 27% | |||
| Packaging and Filling Machine Operators and Tenders | 15% | |||
| Packaging and Filling Machine Operators and Tenders | 15% | |||
| Miscellaneous Production Workers | 6% | |||
| Transportation and Material Moving Occupations | 17% | |||
| Material Moving Workers | 16% | |||
| Industrial Truck and Tractor Operators | 5% | |||
| Industrial Truck and Tractor Operators | 5% | |||
| Laborers and Material Movers, Hand | 10% | |||
Government Contracts
The federal government spent an annual total of $2,310,822 on the Frozen Specialty Food Manufacturing industry. It has awarded 114 contracts to 39 companies, with an average value of $59,252 per company.Top Companies in Frozen Specialty Food Manufacturing and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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