Fruit & Vegetable Wholesaling in the US
The Fruit and Vegetable Wholesaling industry generally experiences a low level of revenue volatility because fruit and vegetable consumption does not fluctuate much on an annual basis. Industry revenue is primarily dependent on market prices of fruits and vegetables, which are influenced by relevant demand and exchange rate conditions. Over the five years to 2019, household disposable income has increased, causing consumers to increase purchases of fresh produce from grocery stores and to eat out more often. Therefore, demand from downstream industries has increased, driving revenue growth. Moving forward, industry revenue will continue to be driven by increasing fruit and vegetable prices, as well as rising disposable income levels in the United States.
Industry operators wholesale a range of fresh fruits and vegetables to supermarkets, delis, restaurants, cafes and institutions such as hospitals and retirement homes. This industry does not include fruit and vegetable processing.
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.
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