Industry Analysis & Industry Trends
The strength of the Fruit and Vegetable Processing industry has been tested over the past five years by the deteriorating economic climate, rising production costs and thinner profit margins. Tighter household budgets mean people have been choosing to cook at home instead of eating out, which supported demand for processed food ingredients to some extent. However, weak consumer confidence translated into cautious spending and consumers traded down their food choices, picking low-cost items over more expensive products. Industry players have had to compete with aggressive promotions and discounting by major retailers, which fought hard to maintain and expand their customer bases during the recession... purchase to read more
Industry Report - Industry Key Buyers Chapter
The UK Fruit and Vegetable Processing industry has a moderate level of concentration. A mix of small, medium and large firms generate revenue from fruit and vegetable processing. IBISWorld estimates that the four largest players generate 54.6% of industry revenue.
The number of commercial fruit and vegetable processors in the United Kingdom has remained fairly constant over the past five years, but they are serving wider geographic markets. This is supported by stagnation in establishment numbers over the past five years and a rise in exports over the same period... purchase to read more