Continued demand from grocery stores and the economic recovery will benefit frozen food wholesalers; however, growth will remain slow. In the coming years, the steadily improving US economy will likely have a positive impact on grocery and food service sales overall, as disposable incomes rise and consumers spend more on discretionary products and meals outside the home. However, as unemployment falls and disposable income levels creep back up, consumers will slowly begin to phase in more expensive discretionary purchases, such as fresh seafood and fine-dining restaurant meals, which will stifle demand for industry products.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.
