Industry Analysis & Industry Trends
The UK Fruit and Vegetable Processing industry has performed extremely well during the past five years. After the financial crisis and its adverse effect on consumer spending, the industry has more than recovered as a result of strong demand for healthy products that offer time-poor consumers quicker cooking options. Innovative operators have managed to meet consumer demand by developing new products, achieving spectacular growth by capitalising on consumers' increasing health concerns. During the five years through 2015-16, industry revenue is estimated to increase at a compound annual rate of 10.2% to £4.2 billion.
Despite strong overall growth, the industry began to struggle in 2014-15 as food prices started tumbling... purchase to read more
Industry Report - Industry Investment Chapter
The Fruit and Vegetable Processing industry is estimated of have a moderate level of capital intensity. This is a measure that compares the amount operators invest in capital like equipment with the amount they spend on their workforce. Using depreciation and wage costs as proxies for capital and labour, IBISWorld estimates that operators in this industry spend an average of £6.00 on wages for every £1.00 they invest in depreciable assets. However, given the relatively high degree of specificity for each segment of the industry, capital intensity tends to vary across the industry depending on the area a firm operates in; for example, canning and bottling operations tend to employ more equipment than other segments... purchase to read more