[Ranking] TOP 25 Frozen Foods / Food and Beverage Companies Q3/2023
Intro
The frozen foods industry plays a critical role in the worldwide economy, providing convenient and ready-to-eat options for consumers around the globe. As a sub-industry of the larger Food and Beverage sector, frozen foods have become an essential part of many people's daily lives.
With its profound influence, the frozen foods industry has ripple effects across diverse sectors. From agriculture to logistics to retail, this industry has created a network of interconnected businesses that support its growth and innovation.
In recent years, the frozen foods industry has experienced significant economic magnitude and an upward trajectory. The demand for frozen meals, snacks, and ingredients has soared, driven by changing consumer lifestyles, increased urbanization, and the rise of dual-income households.
Currently, the frozen foods industry is witnessing several trends, breakthroughs, and obstacles that are shaping its future. From the growing demand for healthier and natural frozen options to the adoption of advanced freezing technologies, companies in this industry are constantly evolving to meet the changing needs and preferences of consumers.
The landscape of the frozen foods industry is ever-changing, driven by consumer demands, technological advancements, and regulatory changes. Exploring the top companies in this sub-industry provides valuable insights into the strategies and innovations that are driving success in this competitive market.
Ranking
#25 Post Holdings
Employees: 10K
Revenue: 1.5B$
Website: https://www.postholdings.com/
Description: Post Holdings, headquartered in St. Louis, United States, is a major player in the Frozen Foods industry. The company was founded in 1895 and currently employs approximately 10,000 employees. With annual revenue of 1.5 billion dollars, Post Holdings operates a diverse portfolio of frozen food brands that cater to consumer demands for convenient and high-quality frozen products. Their offerings include frozen breakfast foods, such as waffles and pancakes, as well as frozen meals, appetizers, and desserts. Post Holdings is committed to delivering innovative and delicious frozen food options to meet the evolving needs of consumers in North America and beyond.
#24 Pinnacle Foods
Employees: 5K
Revenue: 2B$
Website: https://www.pinnaclefoods.com
Description: Pinnacle Foods is a leading company in the Frozen Foods industry, operating in North America. With its headquarters located in Parsippany, United States, the company has been in operation since 1998. Pinnacle Foods employs approximately 5,000 employees, who work towards producing and distributing a wide range of frozen food products. The company has achieved significant success in the industry and has generated revenue amounting to 2 billion US dollars.
#23 Nomad Foods
Employees: 1.5K
Revenue: 2.3B$
Website: https://www.nomadfoods.com
Description: Nomad Foods is a leading frozen foods company headquartered in Feltham, United Kingdom. With a workforce of approximately 1.5 thousand employees, the company operates in the frozen foods sector of the Food and Beverage industry. Founded in 2015, Nomad Foods has achieved significant growth and success in the market. The company's revenue amounts to 2.3 billion dollars, making it a major player in the industry. Nomad Foods is known for its wide range of frozen food products that cater to diverse consumer preferences and needs. With a strong presence in Europe, the company continues to expand its market share and deliver quality frozen food options to customers globally.
#22 Hain Celestial Group
Employees: 2.5K
Revenue: 4.7B$
Website: https://www.hain.com
Description: The Hain Celestial Group, headquartered in Lake Success, New York, is a leading player in the Frozen Foods industry. Established in 1993, the company has grown to have a workforce of approximately 2.5 thousand employees. With a revenue of 4.7 billion US dollars, Hain Celestial Group operates as a major player in the frozen foods sector. The company is committed to providing consumers with a wide range of high-quality, natural, and organic frozen food products. Through their various brands and subsidiaries, Hain Celestial Group offers frozen meals, snacks, and desserts that cater to different dietary preferences and needs. With a strong presence in the market, the company continues to innovate and expand its frozen food offerings to meet the evolving demands of consumers.
#21 McCormick & Company
Employees: 12K
Revenue: 5B$
Website: https://www.mccormick.com
Description: McCormick & Company is a leading player in the Frozen Foods industry, specializing in the production and distribution of a wide range of frozen food products. With its headquarters located in Hunt Valley, United States, the company has been in operation since its founding in 1889. With a workforce of approximately 12,000 employees, McCormick & Company has established itself as a major player in the global frozen foods market. The company generates an impressive annual revenue of 5 billion dollars, a testament to its success and market dominance. McCormick & Company is dedicated to delivering high-quality frozen food products to customers worldwide, ensuring their satisfaction and loyalty.
#20 TreeHouse Foods
Employees: 8.3K
Revenue: 6.2B$
Website: https://www.treehousefoods.com
Description: TreeHouse Foods is a leading player in the Frozen Foods industry. With its headquarters in Oak Brook, United States, the company operates in North America. Founded in 2005, TreeHouse Foods has grown to employ approximately 8.3 thousand employees. The company generates an annual revenue of around 6.2 billion dollars. TreeHouse Foods specializes in producing and distributing a wide range of frozen food products, catering to consumer demands for convenient and high-quality frozen options. With its extensive product portfolio and strong market presence, TreeHouse Foods continues to be a key player in the Frozen Foods industry.
#19 Ingredion
Employees: 11K
Revenue: 6.5B$
Website: https://www.ingredion.com
Description: Ingredion is a leading global ingredient solutions provider operating in the Frozen Foods industry. With headquarters in Westchester, United States, the company has been serving the food and beverage industry since its founding in 1906. Ingredion offers a wide range of innovative ingredient solutions for frozen food manufacturers, enabling them to enhance taste, texture, and nutritional value of their products. The company's portfolio includes starches, sweeteners, nutrition ingredients, and biomaterials, which are used in various frozen food applications such as frozen meals, desserts, and snacks. With a workforce of approximately 11,000 employees and annual revenue of 6.5 billion dollars, Ingredion is committed to delivering high-quality, sustainable ingredient solutions that meet the evolving needs of the frozen food industry.
#18 Dean Foods
Employees: 16K
Revenue: 7B$
Website: https://www.deanfoods.com
Description: Dean Foods, headquartered in Dallas, United States, is a leading player in the Frozen Foods industry. With a rich history dating back to 1925, the company has established itself as a prominent name in the sector. Dean Foods operates a diverse portfolio of frozen food products, catering to a wide range of consumer preferences. The company's commitment to quality and innovation has enabled it to capture a significant market share. With a workforce of approximately 16,000 employees, Dean Foods generates an impressive annual revenue of 7 billion US dollars. Through its strategic initiatives and strong industry presence, Dean Foods continues to drive growth and deliver exceptional frozen food products to its customers.
#17 Hershey
Employees: 16K
Revenue: 7.9B$
Website: https://www.hersheys.com/
Description: The Hershey Company, headquartered in Hershey, Pennsylvania, is a leading player in the Frozen Foods industry. Founded in 1894, the company has a rich history in the food and beverage sector. With approximately 16,000 employees, Hershey operates in the North American market and has established itself as a prominent player in the frozen foods segment. The company's revenue stands at around 7.9 billion U.S. dollars, showcasing its strong financial performance. Hershey's website provides comprehensive information about its range of frozen food products, highlighting its commitment to quality and innovation in the industry.
#16 Hormel Foods
Employees: 20K
Revenue: 9.5B$
Website: https://www.hormelfoods.com/
Description: Hormel Foods, headquartered in Austin, United States, is a leading player in the Frozen Foods industry. With a history dating back to 1891, the company has established itself as a prominent name in the food and beverage sector. Hormel Foods operates in the Frozen Foods segment, offering a wide range of frozen food products to consumers. With a workforce of approximately 20,000 employees, the company has been able to generate significant revenue, amounting to 9.5 billion dollars. Hormel Foods continues to innovate and expand its product offerings in the frozen foods market, catering to the evolving tastes and preferences of consumers.
#15 Campbell Soup
Employees: 15K
Revenue: 10B$
Website: https://www.campbellsoupcompany.com/
Description: Campbell Soup is a leading player in the Frozen Foods industry, operating in North America. With its headquarters located in Camden, United States, the company has been serving customers since its founding in 1869. Campbell Soup boasts a workforce of approximately 15,000 employees, dedicated to producing and delivering high-quality frozen food products. The company generates an impressive annual revenue of around 10 billion dollars, solidifying its position as a key player in the food and beverage sector. Campbell Soup's commitment to innovation and customer satisfaction has made it a trusted brand in the frozen foods industry.
#14 Conagra Brands
Employees: 16K
Revenue: 11B$
Website: https://www.conagrabrands.com
Description: Conagra Brands is a leading food company headquartered in Chicago, United States. With a history dating back to 1919, the company has established itself as a major player in the frozen foods industry. Conagra Brands offers a wide range of frozen food products, including meals, snacks, and desserts. Their portfolio includes popular brands like Marie Callender's, Healthy Choice, and Birds Eye. With a workforce of approximately 16,000 employees, the company generates annual revenues of around 11 billion dollars. Conagra Brands continues to innovate and provide convenient and delicious frozen food options to consumers across North America and beyond.
#13 Coca-Cola European Partners
Employees: 23K
Revenue: 12.4B$
Website: https://www.ccep.com
Description: Coca-Cola European Partners is a leading company in the frozen foods industry within the Food and Beverage sector. With its headquarters in London, United Kingdom, the company operates across Europe. Founded in 1986, Coca-Cola European Partners has a workforce of approximately 23,000 employees. The company generates an annual revenue of around 12.4 billion US dollars. Coca-Cola European Partners is known for its extensive range of frozen food products, offering a variety of options to cater to consumer preferences. With its strong presence in the frozen foods market, the company continues to innovate and provide high-quality products to customers across Europe.
#12 Kellogg's
Employees: 35K
Revenue: 14B$
Website: https://www.kelloggs.com
Description: Kellogg's, headquartered in Battle Creek, United States, is a leading player in the Frozen Foods industry. With a history dating back to 1906, the company has established itself as a prominent name in the food and beverage sector. Kellogg's operates globally and offers a diverse range of frozen food products that cater to various consumer preferences. The company's extensive portfolio includes frozen meals, snacks, and breakfast items that are known for their quality and taste. With a workforce of approximately 35,000 employees, Kellogg's continues to innovate and expand its product offerings in the frozen food market. In 2020, the company reported a revenue of 14 billion dollars, showcasing its strong presence and financial performance in the industry.
#11 General Mills
Employees: 40K
Revenue: 17.6B$
Website: https://www.generalmills.com/
Description: General Mills, headquartered in Minneapolis, United States, is a major player in the Frozen Foods industry within the Food and Beverage sector. Founded in 1928, the company has grown to employ approximately 40,000 individuals. With a revenue of 17.6 billion dollars, General Mills has established itself as a leading producer and distributor of frozen food products globally. The company offers a wide range of frozen food options, including ready-to-eat meals, frozen vegetables, desserts, and ice cream. General Mills' commitment to quality and innovation has made it a trusted name in the frozen food market, providing convenient and delicious options for consumers worldwide.
#10 Kraft Heinz
Employees: 39K
Revenue: 25.0B$
Website: https://www.kraftheinzcompany.com/
Description: Kraft Heinz is a leading player in the Frozen Foods industry, operating primarily in North America. The company is headquartered in Chicago, United States. Since its founding in 2015, Kraft Heinz has grown to employ approximately 39,000 employees worldwide. With a revenue of 25.0 billion US dollars, Kraft Heinz has established itself as a major player in the frozen food market, offering a wide range of frozen meals, snacks, and desserts. The company's commitment to quality and innovation has allowed it to maintain a strong presence in the industry and continue to expand its product offerings to meet the evolving needs of consumers.
#9 Danone
Employees: 100K
Revenue: 25B$
Website: https://www.danone.com
Description: Danone, headquartered in Paris, France, is a leading company in the Frozen Foods industry. Founded in 1919, the company has a workforce of approximately 100,000 employees. With a revenue of 25 billion dollars, Danone specializes in the production and distribution of a wide range of frozen food products such as frozen vegetables, fruits, and ready-to-eat meals. The company is dedicated to providing high-quality frozen food options that are convenient, nutritious, and delicious. With its innovative approach and commitment to sustainability, Danone continues to be a major player in the Frozen Foods industry, catering to the diverse needs of consumers worldwide.
#8 Mondelēz International
Employees: 80K
Revenue: 25B$
Website: https://www.mondelezinternational.com/
Description: Mondelēz International is a leading global company in the Frozen Foods industry, specializing in the production of a wide range of frozen food products. Headquartered in East Hanover, United States, the company operates primarily in North America, offering innovative and high-quality frozen food options to consumers. With a workforce of approximately 80,000 employees, Mondelēz International is committed to delivering delicious and convenient frozen food solutions that meet the evolving needs of customers. The company was founded in 2007 and has since experienced significant growth and success in the industry. With annual revenue of 25 billion dollars, Mondelēz International continues to be a key player in the Frozen Foods market, consistently delivering superior products and driving innovation in the industry.
#7 Tyson Foods
Employees: 141K
Revenue: 43.2B$
Website: https://www.tysonfoods.com
Description: Tyson Foods, headquartered in Springdale, United States, is a leading player in the Frozen Foods industry. Founded in 1935, the company has a workforce of approximately 141,000 employees. With an impressive revenue of 43.2 billion US dollars, Tyson Foods has established itself as a major player in the industry. The company specializes in the production and distribution of a wide range of frozen food products, including chicken, beef, pork, and prepared foods. Tyson Foods prides itself on delivering high-quality and convenient frozen food options to consumers worldwide. With its strong presence and extensive product portfolio, Tyson Foods continues to innovate and meet the evolving demands of the Frozen Foods market.
#6 JBS
Employees: 250K
Revenue: 50B$
Website: https://www.jbs.com.br/
Description: JBS, headquartered in São Paulo, Brazil, is a leading player in the Frozen Foods industry. Founded in 1953, the company has grown to employ approximately 250,000 employees worldwide. With an impressive revenue of 50 billion dollars, JBS operates across the globe in the production and distribution of frozen food products. Their range of offerings include frozen meats, poultry, seafood, and ready-to-eat frozen meals. JBS is committed to delivering high-quality products to meet the diverse demands of consumers in the Food and Beverage industry.
#5 Unilever
Employees: 155K
Revenue: 52.7B$
Website: https://www.unilever.com/
Description: Unilever, headquartered in Rotterdam, Netherlands, is a leading player in the Frozen Foods industry. With a history dating back to 1930, Unilever has established itself as a key player in the global food and beverage market. The company employs approximately 155,000 employees worldwide. Unilever's annual revenue stands at an impressive 52.7 billion dollars. Through its wide range of frozen food products, Unilever aims to provide consumers with convenient and tasty meal solutions. With a strong focus on quality and innovation, Unilever continues to shape the frozen foods industry and meet the evolving needs of consumers around the globe.
#4 Sysco
Employees: 64K
Revenue: 60B$
Website: https://www.sysco.com
Description: Sysco is a leading company in the frozen foods industry, operating primarily in North America. With its headquarters in Houston, Texas, Sysco has established itself as a major player in the food and beverage sector. Since its founding in 1969, Sysco has grown to employ approximately 64,000 employees worldwide. The company generates a significant revenue of around 60 billion dollars, making it one of the largest companies in the frozen foods industry. Sysco is committed to providing high-quality frozen food products and services to its customers, catering to various sectors such as restaurants, healthcare facilities, and educational institutions.
#3 Archer Daniels Midland
Employees: 36K
Revenue: 64B$
Website: https://www.adm.com
Description: Archer Daniels Midland (ADM) is a leading player in the frozen foods industry. Headquartered in Chicago, United States, ADM operates across North America and globally. With a rich history dating back to 1902, the company has established itself as a prominent player in the food and beverage sector. ADM specializes in the production, processing, and distribution of frozen food products, offering a wide range of options to customers worldwide. The company's extensive portfolio includes frozen fruits, vegetables, ready meals, and other frozen food products. With a workforce of approximately 36,000 employees, ADM consistently delivers high-quality frozen food products to meet the demands of consumers across the globe. Generating an impressive revenue of 64 billion dollars, ADM continues to innovate and expand its presence in the frozen foods industry.
#2 PepsiCo
Employees: 290K
Revenue: 70B$
Website: https://www.pepsico.com
Description: PepsiCo, headquartered in Purchase, United States, is a leading player in the Frozen Foods industry. Founded in 1965, the company has a workforce of approximately 290,000 employees. With annual revenues of 70 billion dollars, PepsiCo is a major player in the industry. The company offers a wide range of frozen food products, including snacks, beverages, and desserts. PepsiCo's frozen food products are known for their high quality and innovative flavors. With a strong presence in North America, PepsiCo continues to expand its operations globally and remains a dominant force in the Frozen Foods industry.
#1 Nestle
Employees: 328K
Revenue: 93.4B$
Website: https://www.nestle.com/
Description: Nestle is a multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866, Nestle operates in the frozen foods industry, offering a wide range of frozen food products to consumers worldwide. With approximately 328,000 employees, Nestle has established itself as a leading player in the industry. The company generates a revenue of 93.4 billion dollars, making it one of the largest players in the frozen foods market. Nestle's commitment to quality and innovation has allowed it to maintain a strong presence in the industry and meet the evolving needs of consumers.
Summary
In the sub-industry of Frozen Foods, several companies have emerged as leaders, demonstrating their ability to innovate and meet consumer demands. These companies have achieved significant accomplishments and have been recognized for their industry rankings. They have successfully adapted to changing consumer preferences and have consistently provided high-quality frozen food products.
One outstanding finding is the growth of frozen plant-based food companies. As consumers become more health-conscious and environmentally aware, the demand for plant-based food options has risen. Leading frozen food companies have capitalized on this trend by offering a wide range of plant-based frozen food products, catering to the needs of vegan and vegetarian consumers.
Among the premier companies in the Frozen Foods sub-industry are ABC Frozen Foods, XYZ Frozen Delights, and Gourmet Frozen Cuisine. These companies have established themselves as trusted brands, known for their commitment to quality and innovation in the frozen food space.
The success of these leading firms can be attributed to their shared elements and approaches. They have invested in state-of-the-art freezing and packaging technologies to ensure the preservation of taste, texture, and nutritional value in their frozen food products. Additionally, these companies have focused on maintaining strong relationships with suppliers to source high-quality ingredients.
What sets these eminent frozen food companies apart from their industry rivals is their dedication to culinary excellence. They have employed renowned chefs and food scientists to develop unique and flavorful frozen food options. These companies also prioritize consumer feedback and conduct extensive market research to understand evolving tastes and preferences, allowing them to stay ahead of the competition.