Hot pocket: Rising per capita disposable income levels will drive industry growth

The Frozen Food Production industry in Ontario is composed of businesses that produce frozen food products, such as frozen fruits, vegetables and juices; frozen entrees and side dishes; frozen whipped toppings; and frozen waffles, pancakes and French toast. The industry has accomplished respectable growth over the five years to 2018, as operators have focused on healthier offerings that have evolved the industry's image and prompted demand for goods. Overall, the industry has performed well over the past five years due to the industry's quick response to changing consumer preferences. Favouring economic conditions have permitted consumers to dine out more often, which has reduced demand for industry products such as microwaveable frozen foods...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 13-18
2.5%
Forecast Growth 18-23
Profit
Employment
3,221
Businesses
105

Industry Threats & Opportunities

  • Operators have focused on healthier offerings that have evolved the industry’s image
  • Additional Insights for the Frozen Food Production in Ontario Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Frozen Food Production in Ontario Industry are

  • Having a clear market position
  • Supply contracts in place for key inputs
  • Economies of scale and scope
  • IBISWorld analysts also discuss how external factors such as Consumer price index for food and Per capita disposable income in Ontario in the Frozen Food Production in Ontario industry impact industry performance..

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    What's in this report

    What is the Frozen Food Production in Ontario Industry?

    Industry establishments produce frozen food products, such as frozen fruits, vegetables and juices; frozen entrees and side dishes, excluding seafood; frozen whipped toppings, excluding dairy; and frozen waffles, pancakes and French toast. These products are subsequently distributed to outlets such as grocery wholesalers, retail food stores and operators in the hospitality industry.

    Industry Products
  • Prepared meals and specialty foods
  • Frozen vegetables
  • Frozen fruit and juice varieties
  • Frozen pizza
  • Industry Activities
  • Manufacturing frozen fruits and vegetables
  • Manufacturing frozen fruits and vegetable juices
  • Manufacturing frozen meals, pizza and whipped toppings
  • Manufacturing frozen waffles, pancakes and French toast
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer price index for food
  • Per capita disposable income in Ontario
  • Demand from supermarkets and grocery stores
  • Leisure time

  • Current Performance
    Industry Outlook
    Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Frozen Food Production in Ontario Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets & Grocery Stores in Canada
  • Convenience Stores in Canada
  • Hotels & Motels in Canada
  • Fast Food Restaurants in Canada

  • Key Selling Industries
  • Chicken & Turkey Meat Production in Canada
  • Corn Farming in Canada
  • Flour Milling in Canada
  • Meat, Beef & Poultry Processing in Canada
  • Soybean Farming in Canada
  • Vegetable Farming in Canada

  • Products & Services
  • Prepared meals and specialty foods
  • Frozen vegetables
  • Frozen pizza
  • Other
  • Frozen fruit and juice varieties
  • Chart: Frozen Food Production in Ontario Industry Products and Services Segmentation

  • Major Markets
  • Wholesale
  • Retail
  • Food service
  • Chart: Major Market Segmentation for the Frozen Food Production in Ontario Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Frozen Food Production in Ontario

  • Basis of Competition
    Barriers to Entry
    McCain Foods Limited, Nestle Canada Inc., Conagra Brands Inc., Deluxe Frozen Food Inc.,
  • Table: McCain Foods Limited - financial performance
  • Table: Nestle Canada Inc. - financial performance
  • Table: Conagra Brands Inc. - financial performance
  • Table: Deluxe Frozen Food Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Frozen Food Production in Ontario Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Frozen Food Production in Ontario Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Consumer price index for food (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Additive
  • A substance added to preserve or improve the quality of a product.
  • Cryogenic Freezing
  • Also known as flash freezing, cryogenic freezing is the process of rapidly chilling food at very low temperatures.
  • Robotics
  • A branch of technology that deals with the application of robots for sensory feedback and information processing.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Frozen Food Production in Ontario market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Frozen Food Production in Ontario:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Frozen Food Production in Ontario market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Frozen Food Production in Ontario, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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