Vegetable Farming in the US - Industry Market Research Report
Description
Vegetable Farming in the US
Vegetable farming consists of vegetable and melon farmers. Production of both fresh and processed vegetables has remained steady through the COVID-19 pandemic but declined in 2022. According to the United States Department of Agriculture, during the pandemic, a “sizeable reduction in foodservice [was] perfectly offset by a combination of increased grocery store and online sales,” as well as “community/farmer's markets.” But, in 2022, long-term drought, poor weather (including hurricanes and heavy rain) and pest issues led to low yields and high prices. Increased competition from imports and lower per capita fruit and vegetable consumption has hurt industry revenue, dropping at a CAGR of 1.2% to $21.0 billion through the end of 2023, including growing 0.5% in 2023 alone.
Operators in this industry grow a wide variety of vegetables and melons in open fields and in greenhouses. This report does not include some notable crops such as corn, soybeans or wheat, which are included in other reports.
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.
Vegetable farming consists of vegetable and melon farmers. Production of both fresh and processed vegetables has remained steady through the COVID-19 pandemic but declined in 2022. According to the United States Department of Agriculture, during the pandemic, a “sizeable reduction in foodservice [was] perfectly offset by a combination of increased grocery store and online sales,” as well as “community/farmer's markets.” But, in 2022, long-term drought, poor weather (including hurricanes and heavy rain) and pest issues led to low yields and high prices. Increased competition from imports and lower per capita fruit and vegetable consumption has hurt industry revenue, dropping at a CAGR of 1.2% to $21.0 billion through the end of 2023, including growing 0.5% in 2023 alone.
Operators in this industry grow a wide variety of vegetables and melons in open fields and in greenhouses. This report does not include some notable crops such as corn, soybeans or wheat, which are included in other reports.
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
42 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
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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