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Vegetable Growing in the UK - Industry Market Research Report

Publisher IBISWorld
Published Nov 27, 2024
Length 85 Pages
SKU # IBSS19493276

Description

Vegetable Growing in the UK - Industry Market Research Report


Vegetable Growing in the UK

Potatoes generate the largest proportion of revenue, with a majority of products sold to retail chains. Over the five years through 2023-24, industry revenue is expected to grow at a compound annual rate of 1.4% to £2.9 billion. Revenue struggled somewhat in 2018-19, where adverse and extreme weather conditions meant yield losses outweighed rising vegetable prices. Increasing technological advancements and greenhouse usage over the period for growing certain produce have shielded revenue by boosting yields. During 2020-21, the industry faced turbulent operating conditions. However, high demand from the retail sector and high levels of output in agriculture increased revenue. In 2023-24, industry revenue is anticipated to rise by 0.2% despite significant labour shortages leading to widespread wastage of produce.

The industry consists of farmers growing vegetables and melons in fields and greenhouses. The industry supplies produce for both the fresh and processing markets.

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

85 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

Pricing

Currency Rates
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