Industry Analysis & Industry Trends
The Vegetable Growing industry consists of farms that produce any number of root, leafy, fruit-bearing or other vegetables as well as melons. Industry produce may be cultivated in fields or covered nurseries. Over the past five years industry revenue has decreased, largely as a result of adverse weather conditions combined with challenging economic conditions. At the same time, demand for vegetables has generally declined as government and NHS five-a-day health messages have proved ineffective in convincing Britons to eat more vegetables. In 2012-13 the industry was hit hard by wet weather and flooding across large parts of England, which negatively affected revenue in the subsequent years as downstream clients imported more vegetables... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The UK Vegetable Growing industry is estimated to be in the mature phase of its life cycle. The value that the industry adds to the economy is growing at a slower rate than the economy as a whole, a key indicator of its mature life cycle stage. Over the decade through 2021-22, the industry's contribution to GDP is expected to increase at a compound annual rate of 0.3%, while GDP is expected to grow at a compound annual rate of 2.3% over the same period.
Rapid consolidation in the retail grocery sector, the rise of intermediary marketing agents and strong competition from imports have weakened profit margins and also constrained industry revenue. Thi.. purchase to read more