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Spice & Extract Manufacturing (NAICS 311942) Industry Market Research Report

Spice & Extract Manufacturing - Market Size and Forecast

The Spice and Extract 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)

Spice & Extract 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.

Spice & Extract 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 Spice & Extract Manufacturing companies in the United States.

Spice & Extract Manufacturing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesSpice & Extract Manufacturing
Small Business (< 5 Employees)

Included

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

Spice & Extract 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


Spice & Extract 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

Spice & Extract Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Spice and extract manufacturing

Included

Table salt (evaporated), pepper (white & black), & other spices

Table salt

Pepper and other spices in consumer sizes (less than 1 lb)

Pepper and other spices in commercial sizes (1 lb or more)

Flavoring extracts/emulsions/liquid flavors/colorings

Dry mix food preparations

Spice and extract manufacturing, nsk, total

Spice and extract mfg, nsk, for nonadministrative-records

Spice and extract mfg, nsk, for administrative-records


Spice & Extract Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations5%

Included

Chief Executives0%
General and Operations Managers2%
Office and Administrative Support Occupations9%
Installation, Maintenance, and Repair Occupations6%
Other Installation, Maintenance, and Repair Occupations5%
Production Occupations44%
Food Processing Workers15%
Miscellaneous Food Processing Workers15%
Food Batchmakers9%
Other Production Occupations23%
Packaging and Filling Machine Operators and Tenders11%
Packaging and Filling Machine Operators and Tenders11%
Transportation and Material Moving Occupations18%
Material Moving Workers14%
Laborers and Material Movers, Hand11%
Packers and Packagers, Hand5%

Government Contracts

In 2008, the federal government spent a total of $177,155 on the spice & extract manufacturing industry. It has awarded 26 contracts to 8 companies, with an average value of $22,144 per company.

Spice & Extract Manufacturing and Adjacent Industries - Top Companies

CompanyAddressRevenue
($ Millions)

Included





Spice & Extract Manufacturing Industry Report
GeographyUnited States  
Publication DateSeptember 2020
Report FormatPDF Download  
Price$499.00

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