Food Manufacturing Industry · Market Research Report

Food Manufacturing · Market Size and Industry Forecast

Pell Research's food manufacturing report analyzes current industry size and predicts future trends. It provides overall industry revenue from 2014 through the present, and predicts industry growth and decline through 2024. Total revenue includes both public and private companies.

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Market Size (Total Revenue)

Included

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

Industry Revenue ($ Billions)

Food Manufacturing Industry Revenue
  • 2014
  • 2015
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020


Historical market size and five-year projections show growth trends in industry sales and revenue. This economic model is based on short- and long-term trends. The industry size is determined by total revenue generated within the industry from all products and services sold. Growth and decline in the industry shows total opportunity for companies. The food manufacturing research report reveals both the historical trends and five-year forecast, calculated by Pell Research's econometric models. Market share, measured in billions of dollars, includes both public and private companies. Use this information to identify industry trends and predict future growth patterns.

Food Manufacturing · Geographic Breakdown by State

Market size by state is used to evaluate local opportunity and measure the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Use data by state to pinpoint profitable and nonprofitable locations for food manufacturing companies in the U.S.

Food Manufacturing Revenue by State

Market Share by State

Food Manufacturing · Distribution by Company Size

Company Size All Industries Food Manufacturing
Small Business (< 5 employees)

Included

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

Food Manufacturing · Income Statement (Average Financial Metrics)

Pell Research analyzes financial statements to determine the industry average forces:
The report includes a traditional income statement from an "average" company (both public and private companies 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

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Food Manufacturing · Financial Ratio Analysis

Financial ratios allow you to compare how a business is performing against 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

Food Manufacturing · Compensation and Salary Surveys

TitlePercent of Workforce Bottom Quartile Average (Median) Salary Upper Quartile
Management Occupations 3%

Included

Chief Executives 0%
General and Operations Managers 1%
Food Preparation and Serving Related Occupations 7%
Sales and Related Occupations 9%
Retail Sales Workers 7%
Retail Salespersons 6%
Retail Salespersons 6%
Office and Administrative Support Occupations 7%
Installation, Maintenance, and Repair Occupations 6%
Other Installation, Maintenance, and Repair Occupations 5%
Industrial Machinery Installation, Repair, and Maintenance Workers 6%
Production Occupations 53%
Food Processing Workers 28%
Bakers 18%
Bakers 18%
Butchers and Other Meat, Poultry, and Fish Processing Workers 13%
Meat, Poultry, and Fish Cutters and Trimmers 8%
Slaughterers and Meat Packers 14%
Miscellaneous Food Processing Workers 12%
Food Batchmakers 8%
Other Production Occupations 20%
Crushing, Grinding, Polishing, Mixing, and Blending Workers 14%
Mixing and Blending Machine Setters, Operators, and Tenders 13%
Packaging and Filling Machine Operators and Tenders 9%
Packaging and Filling Machine Operators and Tenders 9%
Miscellaneous Production Workers 5%
Transportation and Material Moving Occupations 16%
Motor Vehicle Operators 8%
Driver/Sales Workers and Truck Drivers 8%
Heavy and Tractor-Trailer Truck Drivers 6%
Material Moving Workers 13%
Industrial Truck and Tractor Operators 5%
Industrial Truck and Tractor Operators 5%
Laborers and Material Movers, Hand 10%
Laborers and Freight, Stock, and Material Movers, Hand 7%
Packers and Packagers, Hand 6%




Food Manufacturing Industry Report
Geography United States  
Publication Date May 2019
Report Format PDF Download  
Price $500

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