SIC 2038 - Frozen Specialties, Not Elsewhere Classified
Establishments primarily engaged in manufacturing frozen food specialties, not elsewhere classified, such as frozen dinners and frozen pizza. The manufacture of some important frozen foods and specialties is classified elsewhere. For example, establishments primarily engaged in manufacturing frozen dairy specialties are classified in Industry Group 202, those manufacturing frozen bakery products are classified in Industry Group 205, those manufacturing frozen fruits and vegetables are classified in Industry 2037, and those manufacturing frozen fish and seafood specialties are classified in Industry 2092.
Industry trends:
The frozen specialties industry classified under NAICS 2038 has been experiencing several significant qualitative trends. One of the most prominent trends is the consumer shift towards healthier options. There is an increasing demand for frozen specialties that are organic, non-GMO, and free from artificial additives and preservatives. This reflects a broader trend towards wellness and health consciousness among consumers.
Another key trend is the rise in popularity of plant-based frozen products. With growing awareness and acceptance of plant-based diets, many companies are innovating and expanding their product lines to include vegan and vegetarian frozen specialties. This segment is expected to continue to grow as more consumers adopt flexitarian and plant-based lifestyles.
Convenience remains a crucial driver in this industry. Consumers are seeking quick, easy-to-prepare options that do not compromise on quality or taste. As a result, there has been an increase in the variety and sophistication of frozen meal options, catering to a diverse range of dietary preferences and cultural tastes.
Technological advancements in freezing techniques and packaging are also enhancing the quality and shelf life of frozen specialties, making them more appealing to consumers. Innovations in sustainable packaging are gaining traction as environmental concerns become more prominent among shoppers.
Looking ahead, these trends are expected to continue shaping the industry. Companies that prioritize health-focused ingredients, plant-based options, convenience, and sustainable practices are likely to thrive. Overall, the frozen specialties market is poised for robust growth as it adapts to evolving consumer preferences.
This industry is comprised of:
Dinners, frozen: packaged
French toast, frozen
Frozen dinners, packaged
Meats, frozen
Native foods, frozen
Pizza, frozen
Soups, frozen: except seafood
Spaghetti and meatballs, frozen
Waffles, frozen
Whipped topping, frozen
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