Industry Analysis & Industry Trends
The UK Fruit Growing industry has performed well over the past five years despite the challenging dynamics and difficult trading conditions in the United Kingdom's fresh produce market. Industry growth has been driven by increased production, quality and prices in the soft fruit segment. Demand and prices for high-value soft fruits such as strawberries have increased particularly strongly, which has benefited the industry in the five years through 2012-13. As a result, industry revenue is expected to increase at an annualised 3.7% over the period. In 2012-13, revenue is forecast to grow by 2.1% to £671.5 million... purchase to read more
Industry Report - Industry Analysis Chapter
Things are sweet for the Fruit Growing industry. Over the five years through 2012-13, industry revenue is estimated to have grown at an annualised 3.7% to £671.5 million. The industry has benefited from increased yields and improved quality across the high-value berry growing segment in this time. It has also been supported by growing domestic demand for high-value fruits including plums, strawberries and raspberries, while public demand for regional food has boosted demand for domestic produce. In 2012-13, industry revenue is forecast to grow by 2.1% as consumers increase fresh fruit demand. IBISWorld estimates that industry profit accounts for 13.1% of industry revenue in 2012-13, which has remained relatively stable after growth in 2010-11 and 2011-12 as final prices increased... purchase to read more