Industry Analysis & Industry Trends
The UK Fruit and Vegetable Processing industry produces a wide range of products, from minimally processed produce such as fresh washed and cut or peeled packs of fruit and vegetables to more heavily processed products such as jams, peanut butter or pickles. Tinned fruit and vegetables are also included in the industry. The industry has recovered from the significant adverse effects of the financial crisis thanks to 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 and capitalising on consumers' increasing health concerns. During the five years through 2016-17, industry revenue is estimated to increase at a compound annual rate of 2.6% to £4.4 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
The UK Fruit and Vegetable Processing industry has a low level of concentration, since the four largest players are estimated to generate 25.9% of total industry revenue. Wm Morrison Produce is the biggest player by far, holding a 12.3% market share. The industry's main products are prepared and packaged vegetables and salad, which are generally sold to supermarkets, generating almost half of the industry's overall revenue. As most supermarkets outsource the packaging of fruit and vegetables, this explains the fragmented nature of the industry.
Given the wide range of industry products, which require different processing techniques, operators tend to specialise in one particular area... purchase to read more