5.4.5.3Vertical

Produce & Protein Distribution

Specialty distributors of fresh produce, meat, and seafood.

Market snapshot

These figures describe Food & Beverage Distribution (5.4.5), the segment that Produce & Protein Distribution sits within — not Produce & Protein Distribution on its own.

Market size
~$1,507B
Growth
~5.5%CAGR (2017–22, nominal)
Companies
~40,000
FragmentationConsolidatingEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 424410–424490 (grocery & food) + 424810 (beer) + 424820 (wine & distilled spirits).

Business model & economics

Revenue model

Foodservice and beverage resale with logistics markup

Key economics

Recurring revenue
High

recurring reorder from foodservice accounts

EBITDA margin
Thin broadline; higher specialty
Capex intensity
Moderate

Characteristics

  • Largest distribution segment; broadline giants lead.
  • Cold-chain logistics a key capability.
  • Consolidating broadline; fragmented specialty.

Geographic concentration

AlabamaAlaskaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasWyomingConnecticutMissouriWest VirginiaNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMississippiMontanaNew HampshireOhioOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandNew JerseyIllinoisNew York

Food and beverage distribution concentrates around the dense Northeast and Midwest consumer corridors — New York, New Jersey, and Illinois — where population and port access drive wholesale throughput.

New YorkNew JerseyIllinois

U.S. Census Bureau — 2022 County Business Patterns (establishments by state), NAICS 424410. Concentration shown by location quotient.

M&A deal context

Deal activityHigh

Who’s acquiring

  • Broadline foodservice strategics
  • Specialty & ethnic distribution consolidators
  • PE-backed platforms

What’s driving deals

  • Broadline scale and route density.
  • Specialty and protein roll-ups.
  • Cold-chain and logistics investment.

Find Produce & Protein Distribution acquisition targets

Search Acquisera’s index for companies classified under Produce & Protein Distribution (5.4.5.3) and build a targeted deal pipeline.

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