Canned goods and frozen foods each account for about what percentage of industry revenue?

• A. 25%
• B. 45%
• C. 60%
• D. 75%

Answer: (B)

Understanding how revenue is split among the big packaged-food categories helps you see why a mid-point figure like 45% fits. Canned goods and frozen foods stay in high demand because they offer long shelf life and real convenience, so each of these segments can capture a substantial slice of total industry revenue. Saying each accounts for about 45% signals that both categories are large and influential in the market, shaping merchandising, production, and retailer strategies. If the number were much smaller, it would diminish the perceived importance of these formats; if it were much larger, it would leave too little room for other significant categories like beverages, dairy, snacks, or fresh produce.