Industry Analysis & Industry Trends
The Fruit and Vegetable Processing industry has managed to record respectable growth during the past five years. The economic downturn, heavy price discounting from supermarkets and falling fruit and vegetable consumption have weighed on sales of the industry's products. However, the industry has still managed to expand because consumers traded down from fresh vegetables to cheaper, processed options, and resilient demand for healthy, convenient meal and snack options boosted revenue. Since 2012-13, strengthening economic conditions and sharp rises in fruit and vegetable prices have boosted industry revenue growth. A rise of 3.5% is forecast in 2014-15. During the five years through 2014-15, industry revenue is estimated to increase at a compound annual rate of 2.9% to £4.7... purchase to read more
Industry Report - Industry Products Chapter
Industry firms freeze, dry, can or preserve fresh fruit and vegetables to extend their shelf life and make them more convenient and economical. Processed fruit and vegetables are extremely popular because there is such a wide variety, they are available all year round and they are inexpensive.
Frozen vegetables account for an estimated 34.6% of industry revenue. Most vegetables are frozen, but peas, sweetcorn, carrots and mixes of vegetables like those used in stir-fries are the most popular.
Preserved, processed and dried vegetables
Preserved, processed and dried vegetables account for an estimated 23.3% of industry revenue. Frequently purchased canned vegetables include tomatoes, baked beans and sweetcorn... purchase to read more