Fruit & Vegetable Processing in the UK - Industry Market Research Report
Description
Fruit & Vegetable Processing in the UK
Industry revenue is expected to contract at a compound annual rate of 1.9% over the five years through 2023-24, including a revenue drop of 1.3% in the current year, to £4.9 billion. The cost-of-living crisis has hindered the industry as consumers have switched to cheaper unprocessed fruit and vegetables to save money. Fierce competition among downstream supermarkets has put pressure on industry prices, constraining revenue. However, the industry has benefitted from rising health consciousness.
Industry revenue is expected to contract at a compound annual rate of 1.9% over the five years through 2023-24, including a revenue drop of 1.3% in the current year, to £4.9 billion. The cost-of-living crisis has hindered the industry as consumers have switched to cheaper unprocessed fruit and vegetables to save money. Fierce competition among downstream supermarkets has put pressure on industry prices, constraining revenue. However, the industry has benefitted from rising health consciousness.
Fruit and vegetable processors slice, roast, bottle, can, preserve, freeze and quick-dry fruit and vegetables. The industry’s products include jams, roasted nuts, pastes and other fruit and vegetable products. The industry also produces perishable prepared foods, including packaged salads, peeled or cut vegetables and tofu. Ready meals, crisps and chips are not covered by the industry (see IBISWorld reports C10.850 and C10.310).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
46 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Major Markets
Globalisation & Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
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Pricing
Currency Rates
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