Frozen Food Wholesaling in the US
Consumers often view frozen foods as nutrient deficient or as time-saving options that are simple to prepare. The Frozen Food Wholesaling industry, along with its assistance groups, aims to capitalize on the latter view. As consumers become increasingly busy yet remain cost conscious, the need for convenient meals has bolstered demand for industry products, both in the form of frozen meals for home consumption and frozen inputs to fast-food and quick-service meals. Frozen foods manufacturers are lobbying for consumer respect and attention, but product perception is only one issue threatening consistent revenue growth for the Frozen Food Wholesaling industry. Merchant wholesaling in the United States is largely collapsing due to the costs associated with having a middleman and the rising prevalence of e-commerce penetration into the wholesale sector. Over the five years to 2023, demand from frozen food manufacturers is expected to increase, coupled with slowly rising agricultural and crude oil prices, which is expected to prop up demand for industry products, despite high levels of external price competition.
This industry primarily wholesales packaged frozen foods, excluding dairy products. Wholesaling in this industry involves the resale of frozen food products to downstream sectors, including restaurants, food-service outlets, grocery stores and other retailers and wholesalers. Products include packaged frozen meats, poultry, seafood, fruits and vegetables, juices, bakery products, pizzas and other frozen meals.
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.