Market Brief
U.S., Canadian Baked Goods, Frozen and Prepared Foods Sector On the Rise During COVID-19, an Industrial Info Market Brief
Many are sitting at home, finding themselves snacking during COVID-19. As a result, the U.S. and Canadian Food & Beverage Industry's baked goods, frozen and prepared foods sector is in demand, and the project activity is showing its strength.
Released Tuesday, June 02, 2020
Many are sitting at home, finding themselves snacking during COVID-19. As a result, the U.S. and Canadian Food & Beverage Industry's baked goods, frozen and prepared foods sector is seeing high demand, and the project activity is showing its strength.
Industrial Info is tracking more than 2,800 active projects, valued at more than $43 billion, in the baked goods, frozen and prepared foods sector across the U.S. and Canada. Among the coverage, California & Texas lead all states and provinces in spending, with a combined total of more than $7.25 billion. Click here for a list of projects, and see chart below for total spending by state and province.
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