Industry Analysis & Industry Trends
The major factor constraining growth in the Fruit & Vegetable industry over the past five years has been fierce competition from supermarkets. Supermarkets accounted for a high and increasing share of the fruit and vegetable retailing market. In 2011-12, supermarkets are expected to represent over 87% of the market (based on ONS data). This includes companies such as Tesco, Sainsbury's, Asda and Waitrose. In addition, although food is a necessity, the recession caused consumers switch to lower priced products. This constrained revenue for specialised fruit and vegetable retailers. Overall, industry revenue is estimated to decline by an annualised 5.3% in the five years through 2011-12. The industry is forecast to generate revenue of £1.0 billion in 2011-12, a decline of 4.4%.. purchase to read more
Industry Report - Industry Investment Chapter
IBISWorld estimates that the capital to labour ratio will be 1:5. This suggests a medium level of capital intensity. For every pound spent on capital, £5 is spent on labour. Over half of those employed in the industry work part-time. ONS data shows that 56% of employees worked part-time in 2008. Labour is required to stock shelves and serve customers. For companies that supply and deliver fruit boxes to customers, delivery staff are also required. Equipment relates to cash registers and computers... purchase to read more