Fruit and Vegetable Canning, Pickling, and Drying Industry Research Report
Industry Overview
This industry comprises establishments primarily engaged in manufacturing canned, pickled, and dried fruits, vegetables, and specialty foods. Establishments in this industry may package the dried or dehydrated ingredients they make with other purchased ingredients. Examples of products made by these establishments are canned juices; canned baby foods; canned soups (except seafood); canned dry beans; canned tomato-based sauces, such as catsup, salsa, chili sauce, spaghetti sauce, barbeque sauce, and tomato paste; pickles and relishes; jams and jellies; dried soup mixes and bouillon; and sauerkraut. Cross-References. Establishments primarily engaged in--
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Fruit and Vegetable Canning, Pickling, and Drying industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
| 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 dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
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.
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 Fruit and Vegetable Canning, Pickling, and Drying companies in the United States.
Fruit and Vegetable Canning, Pickling, and Drying Revenue by State
Distribution by Company Size
| Company Size | All Industries | Fruit and Vegetable Canning, Pickling, and Drying |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Fruit and Vegetable Canning, Pickling, and Drying 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" 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 Fruit and Vegetable Canning, Pickling, and Drying industry accounting for the largest revenue sources.
| Product Description | Description | Revenue
($ Millions) |
|---|
Fruit and vegetable canning | Included |
Canned fruits, excluding baby foods |
Canned vegetables |
Canned vegetable juices |
Canned catsup and other tomato based sauces |
Canned jams, jellies, and preserves |
Canned and fresh fruit juices, nectars, and concentrates |
Pickles and other pickled products |
Pickles and other pickled products, including horseradish |
Fruit and vegetable canning, nsk, total |
Salary information for employees working in the Fruit and Vegetable Canning, Pickling, and Drying 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
$601,994,587 on the fruit and vegetable canning, pickling, and drying industry. It has awarded 1,103 contracts to 153 companies, with an average value of $3,934,605 per company.
Top Companies in Fruit and Vegetable Canning, Pickling, and Drying and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
