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2024 U.S. Industry Statistics & Market Forecast - Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour
Market Size & Industry Statistics
The total U.S. industry market size for Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour:
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.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Industry Insights
The Dry Pasta, Dough & Flour Mixes Manufacturing industry is facing several trends that are affecting its growth and profitability.Firstly, there is a shift towards healthier food products, which is impacting the industry. Consumers are becoming more health-conscious, and as a result, demand for whole wheat and alternative grain pasta is increasing. Industry players need to adjust their product lines to cater to this growing demand, or they risk losing market share.
Secondly, the industry is impacted by the rising cost of ingredients. The cost of grain, which is the primary raw material used in pasta and flour mix manufacturing, has been increasing due to various factors such as climate change and unfavorable weather conditions. Manufacturers are facing the challenge of managing their costs and maintaining profitability without compromising on the quality of their products.
Thirdly, there has been a growing preference for convenience food products, which include pre-made mixes and ready-to-eat meals. The industry needs to adapt to this trend by investing in technology and developing new products that are quick and easy to prepare.
Lastly, innovation and product differentiation are becoming increasingly important for companies in this industry. Brands are competing to offer unique flavors, gluten-free options, and organic products to gain a competitive edge. Companies need to stay on top of consumer preferences and invest in research and development to keep pace with changing trends.
Overall, the Dry Pasta, Dough & Flour Mixes Manufacturing industry must adapt to these trends to remain competitive and continue to meet consumer demand.
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.
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 Average | Percent of Sales (Industry Benchmark) | |
|---|---|---|
| Total Revenue | Order at top of page |
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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 Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry 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 Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| 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). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry 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. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry 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. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| 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. |
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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.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 4% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Food Preparation and Serving Related Occupations | 9% | |||
| Sales and Related Occupations | 12% | |||
| Retail Sales Workers | 11% | |||
| Cashiers | 6% | |||
| Cashiers | 6% | |||
| Production Occupations | 49% | |||
| Food Processing Workers | 33% | |||
| Bakers | 21% | |||
| Bakers | 21% | |||
| Miscellaneous Food Processing Workers | 12% | |||
| Food Batchmakers | 8% | |||
| Other Production Occupations | 12% | |||
| Packaging and Filling Machine Operators and Tenders | 7% | |||
| Packaging and Filling Machine Operators and Tenders | 7% | |||
| Transportation and Material Moving Occupations | 13% | |||
| Material Moving Workers | 9% | |||
| Laborers and Material Movers | 9% | |||
Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour industry. |
Source:
Innovation News
- Jan 16, 2024: Shipley Do-Nut Flour & Supply trademarks "SHIPLEY BOLD" - Kolaches
- Sep 15, 2023: Shipley Do-Nut Flour & Supply trademarks "DO-HAPPY" - Coffee; Kolaches; Pastries; Donuts; Doughnut holes
- May 31, 2020: MR. Pizza trademarks "RING THE KING" - Pizza
Recent Federal Contracts for Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour- Apr 02, 2024: SHAVER FOODS LLC (Fayetteville, AR) awarded $34,726
- Apr 02, 2024: JNS FOODS LLC (Coral Springs, FL) awarded $34,120
- Apr 02, 2024: RAINMAKER, INC. (Oakland Park, FL) awarded $82,778
- Apr 01, 2024: H SCHRIER & CO INC (Brooklyn, NY) awarded $26,744
- Mar 27, 2024: MATTS TRADING INC (Palm City, FL) awarded $15,710
- Mar 27, 2024: NORTH STAR IMPORTS, LLC (Saint Paul, MN) awarded $29,310
- Apr 02, 2024: SHAVER FOODS LLC (Fayetteville, AR) awarded $34,726
- Apr 02, 2024: JNS FOODS LLC (Coral Springs, FL) awarded $34,120
- Apr 02, 2024: RAINMAKER, INC. (Oakland Park, FL) awarded $82,778
- Apr 01, 2024: H SCHRIER & CO INC (Brooklyn, NY) awarded $26,744
- Mar 27, 2024: MATTS TRADING INC (Palm City, FL) awarded $15,710
- Mar 27, 2024: NORTH STAR IMPORTS, LLC (Saint Paul, MN) awarded $29,310
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