NAICS 311411 - Frozen Fruit, Juice, and Vegetable Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing frozen fruits; frozen vegetables; and frozen fruit juices, ades, drinks, cocktail mixes and concentrates.
Industry trends:
The frozen fruit, juice, and vegetable manufacturing industry (NAICS 311411) has been experiencing several qualitative trends that are shaping its future. One notable trend is the increasing consumer demand for convenience and healthy food options, driven by busy lifestyles and heightened health awareness. This has led to a rise in the popularity of products like frozen smoothie packs, pre-cut vegetables, and whole food juices that require minimal preparation.
Another significant trend is the focus on sustainability and eco-friendly practices. Companies are investing in sustainable sourcing of raw materials, as well as eco-friendly packaging solutions, such as recyclable or compostable materials, to appeal to environmentally conscious consumers.
Innovation in product offerings is also prevalent. Manufacturers are exploring new flavor profiles, organic options, and value-added products that cater to specific dietary needs, such as gluten-free, non-GMO, or vegan foods. This diversification aims to capture niche markets and meet the varying preferences of modern consumers.
Technological advancements are further enhancing production efficiencies and product quality. Automation, advanced freezing technologies, and improved supply chain management are enabling manufacturers to deliver higher quality products with extended shelf life and better nutritional preservation.
Looking ahead, the industry is expected to continue growing, driven by these trends. The increasing consumer preference for healthy, convenient, and sustainable food options, along with continuous product innovation and technological improvements, indicates a positive outlook for the frozen fruit, juice, and vegetable manufacturing sector in the near future.
This industry is comprised of:
Blast freezing on a contract basis
Citrus pulp, frozen, manufacturing
Concentrates, frozen fruit juice, manufacturing
French fries, frozen, pre-cooked, manufacturing
Frozen ades, drinks and cocktail mixes, manufacturing
Frozen citrus pulp manufacturing
Frozen fruit and vegetable processing
Frozen fruits, fruit juices, and vegetables, manufacturing
Fruit juice concentrates, frozen, manufacturing
Fruits, frozen, manufacturing
Juices, fruit or vegetable concentrates, frozen, manufacturing
Juices, fruit or vegetable, frozen, manufacturing
Vegetable juice concentrates, frozen, manufacturing
Vegetables, frozen, manufacturing
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.