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
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
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



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.

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

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
Frozen dinners and nationality foods
Frozen dinners (beef, pork, poultry pies) and nationality foods
Other frozen specialties, excluding seafood
Frozen specialty food manufacturing, nsk, total
Frozen specialty food mfg, nsk, for nonadministrative-records
Frozen specialty food mfg, nsk, for administrative-records

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
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