Baking Mix & Prepared Food Production in the US - Industry Market Research Report
Description
Baking Mix & Prepared Food Production in the US
The industry produces a variety of goods, including perishable foods, prepared meals and sandwiches, sweetening syrups, dried and dehydrated ingredients, dessert mixes, flavoring powders and egg products. Over the past five years, operators have competed with increased health consciousness among consumers. In an attempt to stay relevant, producers have been forced to introduce a variety of healthier prepared foods to appeal to the growing health-conscious consumer base. These healthier alternatives are often more expensive to manufacture, but command premium retail prices. During most of the period, per capita disposable income has increased, supporting revenue growth. When disposable income increases, consumers are more likely to purchase discretionary goods, including dessert mixes and organic prepared foods. Revenue is projected to fall 0.6% in 2023 due to rising input prices and slow consumer spending growth. Revenue has increased at a CAGR of 0.3% to $36.5 billion over the five years to 2023.
Operators in this industry produce perishable prepared foods, such as sandwiches, meals and peeled or cut vegetables. Industry operators use dried and dehydrated ingredients to produce dessert mixes, flavoring powders and processed eggs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
The industry produces a variety of goods, including perishable foods, prepared meals and sandwiches, sweetening syrups, dried and dehydrated ingredients, dessert mixes, flavoring powders and egg products. Over the past five years, operators have competed with increased health consciousness among consumers. In an attempt to stay relevant, producers have been forced to introduce a variety of healthier prepared foods to appeal to the growing health-conscious consumer base. These healthier alternatives are often more expensive to manufacture, but command premium retail prices. During most of the period, per capita disposable income has increased, supporting revenue growth. When disposable income increases, consumers are more likely to purchase discretionary goods, including dessert mixes and organic prepared foods. Revenue is projected to fall 0.6% in 2023 due to rising input prices and slow consumer spending growth. Revenue has increased at a CAGR of 0.3% to $36.5 billion over the five years to 2023.
Operators in this industry produce perishable prepared foods, such as sandwiches, meals and peeled or cut vegetables. Industry operators use dried and dehydrated ingredients to produce dessert mixes, flavoring powders and processed eggs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Table of Contents
50 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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