Frozen Entrees & Meals
Producers of frozen dinners, breakfast items, and meal solutions.
Market snapshot
These figures describe Frozen Food Manufacturing (5.5.6), the segment that Frozen Entrees & Meals sits within — not Frozen Entrees & Meals on its own.
- Market size
- ~$44B
- Growth
- ~6.2%CAGR (2017–22, nominal)
- Companies
- ~770
U.S. Census Bureau 2022 CBP/Economic Census, NAICS 311411 (frozen fruit/juice/vegetable) + 311412 (frozen specialty food).
Business model & economics
Revenue model
Branded and private-label frozen-food shipments
Key economics
- Recurring revenue
- High
- EBITDA margin
- Richer for branded premium; thin for commodity
- Capex intensity
- High
recurring frozen demand
Characteristics
- Convenience and quality rehabilitating frozen's image.
- Premium and better-for-you frozen meals growing.
- Cold-chain- and capital-intensive.
Geographic concentration
Frozen-food manufacturing concentrates in the Pacific Northwest potato and produce states — Idaho, Washington, and Oregon — with a seafood-driven cluster in Maine.
U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 311411. Concentration shown by location quotient.
M&A deal context
Who’s acquiring
- Frozen-food majors
- PE-backed premium-frozen platforms
- Specialty & plant-based acquirers
What’s driving deals
- Premium and better-for-you frozen growth.
- Plant-based frozen expansion.
- Consolidation around scaled players.
Find Frozen Entrees & Meals acquisition targets
Search Acquisera’s index for companies classified under Frozen Entrees & Meals (5.5.6.2) and build a targeted deal pipeline.
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