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 - Starting a New Business Chapter
Entry into the Fruit and Vegetable Processing industry is accommodated, characterised by relatively low barriers to entry and a fragmented market. The biggest barrier for a potential new entrant is the relatively high initial capital investment needed for buying and equipping a production facility. Although this involves significant outlay, the machinery required to operate in most segments of the industry is not particularly complicated, meaning it is cheaper than the equivalent in many other food manufacturing industries. These facilities must comply with UK and EU food-safety legislation and any goods sold in packaging would need to bear the appropriate labelling. To a lesser extent, establishing the presence of a brand in the UK industry can act as a barrier to entry... purchase to read more