Industry Analysis & Industry Trends
Fruit and vegetables staples in the diets of US consumers, so there will always be some level of demand for the Fruit and Vegetable Wholesaling industry. However, as disposable income increases and wholesalers offer more value-added options, like pre-cut produce, demand will grow. Still, wholesalers will continue to face challenges from wholesale bypass, consolidation at the food retailing level and external competition from processed fruit and vegetables... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Fruit and Vegetables Wholesaling industry is forecast to grow at a slower rate than the overall economy during the 10 years to 2019. IBISWorld estimates the industry's contribution to the overall economy, as measured by industry value added (IVA), will increase at an average rate of 1.1% per year during the 10-year period. Comparatively, US GDP is forecast to rise at an average rate of 2.7%. This is because the industry is in the mature stage of its life cycle, characterized by a saturated market with little room for product innovation.
Fruit and vegetables have strong market acceptance, which is common in mature industries, because they are staple items in downstream industries and consumers' households... purchase to read more