Major Group SIC 2053 - Frozen Bakery Products, Except Bread

SIC 2053 - Frozen Bakery Products, Except Bread

SIC 20 - Food And Kindred Products
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 205 - Bakery Products
  SIC 201 - Food And Kindred Products SIC 202 - Dairy Products SIC 203 - Canned, Frozen, and Preserved Fruits, Vegetables, and Food Specialties SIC 204 - Grain Mill Products SIC 205 - Bakery Products SIC 206 - Sugar And Confectionery Products SIC 207 - Fats And Oils SIC 208 - Beverages SIC 209 - Miscellaneous Food Preparations and Kindred Products
  - SIC 2053 - Frozen Bakery Products, Except Bread
    SIC 2051 - Bread And Other Bakery Products, Except Cookies And Crackers SIC 2052 - Cookies And Crackers SIC 2053 - Frozen Bakery Products, Except Bread

Establishments primarily engaged in manufacturing frozen bakery products, except bread and bread-type rolls. Establishments primarily engaged in manufacturing frozen bread and bread-type rolls are classified in Industry 2051.

Industry trends:

The frozen bakery products industry, classified under NAICS 2053, has been experiencing several noteworthy qualitative trends. One significant trend is the increasing consumer demand for convenience foods that fit into busy lifestyles. Frozen bakery products, being quick and easy to prepare, have gained popularity as they offer the added benefit of extended shelf life compared to fresh bakery items. Consumers are particularly interested in high-quality frozen items that deliver taste and texture comparable to freshly baked goods.

Another trend is the rising focus on health and wellness, resulting in a greater demand for natural, organic, and gluten-free frozen bakery options. Manufacturers are responding by innovating with clean label products, incorporating natural ingredients, and eliminating artificial additives and preservatives. Additionally, there is a growing interest in plant-based and vegan frozen bakery products, reflecting broader dietary shifts.

Sustainability is also a notable trend in this industry. Consumers are increasingly aware of environmental issues and are seeking products with sustainable packaging and sourcing practices. Companies are adopting eco-friendly measures, such as using recyclable or biodegradable packaging materials and sourcing ingredients from sustainable suppliers.

Forecasts for the near future suggest that these trends will continue to shape the industry. The convenience aspect will drive ongoing growth, while health-conscious and environmentally mindful consumers will push for more innovation in product offerings and packaging solutions. As technology advances, we can also expect improvements in the freezing processes, leading to even higher quality frozen bakery products.

This industry is comprised of:

Bakery products, frozen: except bread and bread-type rolls

Cakes, frozen: pound, layer, and cheese

Croissants, frozen

Doughnuts, frozen

Pies, bakery, frozen

Sweet yeast goods, frozen

Explore related industries:

SIC 3556 - Food Products Machinery SIC 5142 - Packaged Frozen Foods SIC 5461 - Retail Bakeries

Buy the detailed report

This report includes the ability to segment your Industry by:

Region
Employees
Net Sales

Company Age
Total Assets
Ownership Type

Download sample reports

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.