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2018 Market Analysis & Industry Outlook: Specialty Canning


Overview of the U.S. Specialty Canning Industry

This section provides answers to key questions about the industry:
  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

The total U.S. industry market size for Specialty Canning: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis



Market Forecast[PREMIUM]

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Product & Services Breakdown

Research products and services in the Specialty Canning industry generating sales. Note that products are broken into categories with different levels of classification.

Product Description Sales ($ millions) Percent of Total Sales

Industry Total

Fruit And Vegetable Canning

Specialty Canning

Canned Baby Foods (Excluding Cereal And Biscuits), And Other Canned Specialty And Nationality Foods

Canned Soups And Stews, Excluding Frozen And Seafood

Canned Dry Beans

Total Miscellaneous Receipts



U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map of Specialty Canning by state

Specialty Canning Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Specialty Canning companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

price index trends

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Specialty Canning company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Specialty Canning industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Specialty Canning measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 4%

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Chief Executives0%
General and Operations Managers1%
Office and Administrative Support Occupations 7%
Installation, Maintenance, and Repair Occupations 9%
Other Installation, Maintenance, and Repair Occupations 8%
Production Occupations 50%
Food Processing Workers 15%
Miscellaneous Food Processing Workers 15%
Food Batchmakers 8%
Other Production Occupations 27%
Packaging and Filling Machine Operators and Tenders 14%
Packaging and Filling Machine Operators and Tenders 14%
Miscellaneous Production Workers 6%
Transportation and Material Moving Occupations 17%
Material Moving Workers 16%
Industrial Truck and Tractor Operators 6%
Industrial Truck and Tractor Operators 6%
Laborers and Material Movers, Hand 10%
Source: Bureau of Labor Statistics


Specialty Canning Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate









Innovation News

  • Quince & Apple trademarks "QUINCE & APPLE" - Fruit preserves - 12/07/2016




  • Top Innovators

    CompanyInnovation Score
    MY Own Meals
    Sopakco

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Funky Buddha to Brew, Can at Ballast Point - The company also has plans to install a canning line later this year ... and are now part of Constellation Brands’ Craft & Specialty Division. The more than 15-member team will work this year to deepen the company’s reach in Florida while also helping ... (01/10/2018)
    • After Seven Years at Farmers Markets and Grocery Stores, Melina's Fresh Pasta Opens a Storefront - It wasn't a straight shot from canning tomato sauce to creating a signature lemon ... and tortellini, a regional specialty typically served en brodo (in broth). "I was a little mortified when she took out the beef tongue to make the broth to serve the ... (01/10/2018)
    • Find Extra Room in Cleaning Routines with Whirlpool® Smart ENERGY STAR® Certified Dishwasher with Third Level Rack - Whether baked-on mac and cheese or Grandma's casserole, families can customize care for any mess with specialty and customized cycles through ... niche of items with cycles like Plastic Items and Canning & Brewing Items. The Whirlpool® mobile app works ... (01/09/2018)
    • Sweeping changes overtake heavy-duty truck market - InterMotive offers an upfitter interface module (they say theirs was the first), as well as specialty modules designed to serve ... of diamond plate on floors to reduce the risk of oil canning. (This occurs when a heavy load deflects the floor beyond ... (01/09/2018)
    • Lorine R. Collins, 98 - She was a patient at Lantern Park Specialty Care in Coralville ... Lorine worked at Marshall Canning Company in the purchasing and credit departments as well as the Purchasing Department at Dunham Bush for 24 years. On November 2, 1941, she was married ... (01/09/2018)
    • 7,000 kilometres: How a German adventurer traversed Australia with a group of camels - This is what German migrant Otto Wilhelm Schaechtele has been offering his clients for the last 25 years. His specialty are tag along tours from Perth to Alice Springs, along the famous Canning Stock Route. (01/06/2018)
    • Thomas Produce founder dies at home in Boca Raton - It produces, packs and ships more than 5 million boxes per year of bell peppers, cucumbers, yellow squash, zucchini, specialty peppers such as jalapenos ... By the 1940s, the family was growing crops for canning: beans tomatoes, cabbage, cauliflower ... (01/05/2018)
    • Extension service to offer online food preservation class - Canning Specialty High-acid Foods – pickles, salsa, jams, jellies, etc.; Canning Low Acid Foods and Freezing and Drying. Supplemental materials will include information on planting varieties for food preservation, cold storage and root cellaring. (01/04/2018)
    • Canning the easy way - A jar lifter (much like a specialty set of tongs) is very necessary.” Whether for the environment, the flavor or for health, home canning is a rewarding way to spend a summer afternoon. And come winter, the payoff is especially sweet. “When you can ... (05/30/2014)
    • Research and Markets: Specialty Canning Industry in the U.S. and its International Trade [2012 Q2 Release] - DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/cx4kxx/specialty_canning) has announced the addition of Supplier Relations US, LLC's new report "Specialty Canning Industry in the U.S. and its International Trade ... (04/27/2012)


    Government Contracts

    In 2016, the federal government spent a total of $18,218,745 on Specialty Canning. It has awarded 31 contracts to 10 companies, with an average value of $1,821,875 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount





    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Chili con carne canning, Soups (except seafood) canning, Spaghetti canning, Baby foods (including meats) canning, Meat canning, baby food, manufacturing, Infant and junior food canning, Gravy canning, Chinese foods canning, Canning soups (except seafood), Italian foods canning, Baked beans canning, Dry beans canning, Pasta based products canning, Beans, baked, canning, Bouillon canning, Nationality specialty foods canning, Mexican foods canning, Broth (except seafood) canning, Pork and beans canning, etc.



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