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Home › Industry Metrics › NAICS 31141

NAICS 31141 - Frozen Food Manufacturing

NAICS 31141 - FROZEN FOOD MANUFACTURING
NAICS 31141 Frozen Food Manufacturing NAICS 31142 Fruit and Vegetable Canning, Pickling, and Drying
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This industry comprises establishments primarily engaged in manufacturing frozen fruit, frozen juices, frozen vegetables, and frozen specialty foods (except seafood), such as frozen dinners, entrees, and side dishes; frozen pizza; frozen whipped toppings; and frozen waffles, pancakes, and french toast.

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This industry comprises establishments primarily engaged in manufacturing frozen fruit, frozen juices, frozen vegetables, and frozen specialty foods (except seafood), such as frozen dinners, entrees, and side dishes; frozen pizza; frozen whipped toppings; and frozen waffles, pancakes, and french toast.

Explore the industry hierarchy

Drill down to explore more specific industries.

NAICS 31 Manufacturing| iCFO
NAICS 311 Food Manufacturing
NAICS 311 — Food Manufacturing NAICS 312 — Beverage and Tobacco Product Manufacturing NAICS 313 — Textile Mills NAICS 314 — Textile Product Mills NAICS 315 — Apparel Manufacturing NAICS 316 — Leather and Allied Product Manufacturing
NAICS 3114 Fruit and Vegetable Preserving and Special...
NAICS 3111 — Animal Food Manufacturing NAICS 3112 — Grain and Oilseed Milling NAICS 3113 — Sugar and Confectionery Product Manufactur... NAICS 3114 — Fruit and Vegetable Preserving and Special... NAICS 3115 — Dairy Product Manufacturing NAICS 3116 — Animal Slaughtering and Processing NAICS 3117 — Seafood Product Preparation and Packaging NAICS 3118 — Bakeries and Tortilla Manufacturing NAICS 3119 — Other Food Manufacturing
NAICS 31141 Frozen Food Manufacturing
NAICS 31141 — Frozen Food Manufacturing NAICS 31142 — Fruit and Vegetable Canning, Pickling, an...
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Industry trends

The Frozen Food Manufacturing industry, categorized under NAICS 31141, is witnessing significant qualitative trends that are reshaping the market landscape. One of the most notable trends is the rising consumer demand for convenience and time-saving meal solutions. This shift in consumer behavior is driven by increasingly busy lifestyles, leading to higher consumption of ready-to-eat and ready-to-cook frozen meals.

Health consciousness is another critical trend affecting the industry. Consumers are now seeking frozen food options that are not only convenient but also align with their dietary preferences, such as organic, non-GMO, low-sodium, gluten-free, and plant-based products. This has prompted manufacturers to innovate and expand their product lines to cater to these health-oriented demands.

Sustainability is also becoming a significant consideration for both consumers and manufacturers. The industry is seeing a trend towards eco-friendly packaging solutions and sustainable sourcing practices as companies attempt to reduce their environmental footprint.

Technological advancements in freezing techniques are further enhancing product quality, taste, and shelf life, making frozen foods more appealing to consumers. This improvement in tech is expected to continue, leading to better texture and flavor retention in frozen products.

Looking ahead, the industry is forecasted to experience moderate growth driven by these evolving consumer preferences and technological innovations. Market players who can effectively combine convenience, health, and sustainability in their product offerings are likely to gain a competitive edge.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 1%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 13%

Loan Failure Rate 4%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 19%

Total Companies in this Industry 183
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Explore related industries

  • NAICS 31141 Frozen Food Manufacturing
  • NAICS 311411 Frozen Fruit, Juice, and Vegetable Manufacturing
  • NAICS 311412 Frozen Specialty Food Manufacturing
  • View all related industries

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